QuantumScape (QS) Operating Expenses (2020 - 2026)

QuantumScape (QS) has 7 years of Operating Expenses data on file, last reported at $109.2 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $109.2 million, down 11.65% year-over-year; the trailing twelve-month figure through Mar 2026 was $458.2 million (down 11.35% YoY), and the FY2025 annual result was $472.6 million, down 10.02% from the prior year.
• Operating Expenses eased to $109.2 million in Q1 2026 per QS's latest filing, from $110.4 million in the prior quarter.
• Over five years, Operating Expenses peaked at $134.5 million in Q2 2024 and troughed at $90.7 million in Q1 2022.
• A 5-year average of $118.0 million and a median of $120.9 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 124.13% in 2022, then fell 14.17% in 2025.
• A 5-year view of Operating Expenses shows it stood at $113.4 million in 2022, then rose by 9.88% to $124.6 million in 2023, then rose by 3.25% to $128.7 million in 2024, then declined by 14.17% to $110.4 million in 2025, then dropped by 1.15% to $109.2 million in 2026.
• Business Quant data shows QS's Operating Expenses at $109.2 million in Q1 2026, $110.4 million in Q4 2025, and $115.0 million in Q3 2025.