QuantumScape (QS) Research & Development (2020 - 2026)

QuantumScape has disclosed Research & Development across 7 years of filings, most recently posting $84.6 million for Q1 2026.

• In Q1 2026, Research & Development fell 11.53% year-over-year to $84.6 million; the TTM figure through Mar 2026 stood at $364.6 million (down 7.63% YoY), while the FY2025 annual figure was $375.6 million, down 1.92% from the prior year.
• Research & Development slipped to $84.6 million in Q1 2026, from $86.8 million in the prior quarter.
• Over the last five years, Research & Development for QS reached as high as $104.4 million in Q4 2024 and fell as low as $61.3 million in Q1 2022.
• The 5-year median for Research & Development is $87.6 million (2022), against an average of $87.6 million.
• Annual changes were most pronounced in 2022 — Research & Development jumped 121.91% — and 2025, when it declined 16.88%.
• A 5-year view of Research & Development shows it stood at $83.4 million in 2022, then increased by 15.62% to $96.4 million in 2023, then rose by 8.29% to $104.4 million in 2024, then decreased by 16.88% to $86.8 million in 2025, then fell by 2.53% to $84.6 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $84.6 million, $86.8 million, and $92.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.