QuantumScape (QS) Operating Leases (2019 - 2026)
QuantumScape (QS) posted Operating Leases of $32.04 million for Q2 2026, down 35.9% from $49.98 million a year earlier and down 3.9% from the prior quarter.
QuantumScape (QS) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, QuantumScape's Operating Leases came in at $34.48 million, down 34.8% from FY2024.
- Annual Operating Leases has declined for three consecutive years, though with a five-year compound annual growth rate of 25.1% (FY2020 to FY2025).
- In prior years, QuantumScape's Operating Leases was $52.91 million in FY2024 (-8.2%), $57.62 million in FY2023 (-7.9%), $62.56 million in FY2022 (+70.2%) and $36.76 million in FY2021 (+226.9%).
- The Q2 2026 figure stands as the lowest quarterly Operating Leases since Q3 2021.
- On a year-over-year basis, Operating Leases has declined in each of the last 13 quarters, with an average decline of 21.8% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q1 2022, with growth of 418.5%; the weakest was Q2 2026, with a decline of 35.9%.
- According to Business Quant data, Operating Leases for the three prior quarters was $33.34 million (Q1 2026), $34.48 million (Q4 2025) and $35.73 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 238.25 Bn | 198.17 Bn | 2.36 Bn |
| 2 | Bloom Energy | 64.00 Bn | 55.79 Bn | 355.57 Mn |
| 3 | First Solar | 18.75 Bn | 9.70 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.32 Bn | 10.62 Bn | 202.31 Mn |
| 5 | Nextpower | 11.91 Bn | 7.80 Bn | 335.85 Mn |
| 6 | Generac Holdings | 11.42 Bn | 10.25 Bn | 521.81 Mn |
| 7 | EnerSys | 6.22 Bn | 4.41 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.25 Bn | -607.94 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.72 Bn | 1.56 Bn | 133.10 Mn |
| 10 | QuantumScape | 2.46 Bn | -1.28 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.04 Mn |
| Mar 31, 2026 | 33.34 Mn |
| Dec 31, 2025 | 34.48 Mn |
| Sep 30, 2025 | 35.73 Mn |
| Jun 30, 2025 | 49.98 Mn |
| Mar 31, 2025 | 51.47 Mn |
| Dec 31, 2024 | 52.91 Mn |
| Sep 30, 2024 | 54.37 Mn |
| Jun 30, 2024 | 55.65 Mn |
| Mar 31, 2024 | 56.26 Mn |
| Dec 31, 2023 | 57.62 Mn |
| Sep 30, 2023 | 58.88 Mn |
| Jun 30, 2023 | 60.17 Mn |
| Mar 31, 2023 | 61.48 Mn |
| Dec 31, 2022 | 62.56 Mn |
| Sep 30, 2022 | 63.64 Mn |
| Jun 30, 2022 | 64.75 Mn |
| Mar 31, 2022 | 58.82 Mn |
| Dec 31, 2021 | 36.76 Mn |
| Sep 30, 2021 | 22.10 Mn |
QuantumScape Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=QS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "QS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=QS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();