QuantumScape (QS) Free Cash Flow (2020 - 2026)
QuantumScape's (QS) quarterly Free Cash Flow came in at -$61.4 million in Q2 2026, up 12.86% year-over-year from -$54.4 million in Q2 2025, and up 11.69% quarter-over-quarter from -$69.5 million in Q1 2026.
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QuantumScape (QS) Free Cash Flow (2020 - 2026) Analysis & Trends
QuantumScape (QS) has reported Free Cash Flow for 7 consecutive years, with -$61.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 12.86% year-over-year to -$61.4 million in Q2 2026; TTM through Jun 2026 was -$272.6 million, a 14.19% increase from a year earlier, with the FY2025 full-year figure at -$278.8 million, up 17.24% from the prior year.
- Free Cash Flow was -$61.4 million for Q2 2026 at QuantumScape, up from -$69.5 million in the prior quarter.
- Over five years, Free Cash Flow peaked at -$61.4 million in Q2 2026 and troughed at -$110.8 million in Q3 2024.
- A 5-year average of -$80.4 million and a median of -$76.1 million in 2022 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow tumbled 149.86% in 2022 and surged 33.86% in 2025, its largest moves.
- Over 5 years, Free Cash Flow stood at -$100.8 million in 2022, then gained by 29.15% to -$71.4 million in 2023, then climbed by 2.2% to -$69.8 million in 2024, then advanced by 2.0% to -$68.4 million in 2025, then climbed by 10.32% to -$61.4 million in 2026.
- The last three Free Cash Flow figures came in at -$61.4 million (Q2 2026), -$69.5 million (Q1 2026), and -$68.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 217.74 Mn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - | -61.37 Mn |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn | -107.43 Mn |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn | -45.93 Mn |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn | -39.71 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | -25.34 Mn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn | -4.40 Mn |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn | -8.67 Mn |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn | -12.18 Mn |
| 10 | Ses Ai | 176.50 Mn | 176.50 Mn | 1.15 Mn | -14.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -61.37 Mn |
| Mar 31, 2026 | -69.49 Mn |
| Dec 31, 2025 | -68.43 Mn |
| Sep 30, 2025 | -73.31 Mn |
| Jun 30, 2025 | -70.43 Mn |
| Mar 31, 2025 | -66.58 Mn |
| Dec 31, 2024 | -69.82 Mn |
| Sep 30, 2024 | -110.84 Mn |
| Jun 30, 2024 | -84.07 Mn |
| Mar 31, 2024 | -72.07 Mn |
| Dec 31, 2023 | -71.39 Mn |
| Sep 30, 2023 | -80.53 Mn |
| Jun 30, 2023 | -82.40 Mn |
| Mar 31, 2023 | -90.33 Mn |
| Dec 31, 2022 | -100.76 Mn |
| Sep 30, 2022 | -110.45 Mn |
| Jun 30, 2022 | -78.96 Mn |
| Mar 31, 2022 | -86.70 Mn |
| Dec 31, 2021 | -89.39 Mn |
| Sep 30, 2021 | -67.61 Mn |