QuantumScape QS
NASDAQ QS
$5.19 -0.03 (-0.57%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

QuantumScape's (QS) quarterly Research & Development came in at $82.5 million in Q2 2026, down 18.43% year-over-year from $101.2 million in Q2 2025, and down 2.41% quarter-over-quarter from $84.6 million in Q1 2026.

Analysis

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

QuantumScape (QS) has reported Research & Development for 7 consecutive years, with $82.5 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development fell 18.43% year-over-year to $82.5 million in Q2 2026; TTM through Jun 2026 was $345.9 million, a 13.11% decrease from a year earlier, with the FY2025 full-year figure at $375.6 million, down 1.92% from the prior year.
  • Research & Development was $82.5 million for Q2 2026 at QuantumScape, down from $84.6 million in the prior quarter.
  • Over five years, Research & Development peaked at $104.4 million in Q4 2024 and troughed at $61.3 million in Q1 2022.
  • A 5-year average of $87.3 million and a median of $87.2 million in 2022 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development soared 121.91% in 2022 and decreased 18.43% in 2026, its largest moves.
  • Over 5 years, Research & Development stood at $83.4 million in 2022, then grew by 15.62% to $96.4 million in 2023, then increased by 8.29% to $104.4 million in 2024, then retreated by 16.88% to $86.8 million in 2025, then retreated by 4.88% to $82.5 million in 2026.
  • The last three Research & Development figures came in at $82.5 million (Q2 2026), $84.6 million (Q1 2026), and $86.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 EnerSys 6.54 Bn 6.01 Bn 313.36 Mn -
2 QuantumScape 3.20 Bn 3.20 Bn - 82.53 Mn
3 Eos Energy Enterprises 1.35 Bn 1.00 Bn -48.80 Mn 10.51 Mn
4 Fluence Energy 1.34 Bn 769.30 Mn 33.24 Mn 25.30 Mn
5 Energy Vault Holdings 752.49 Mn 645.13 Mn 5.38 Mn 2.87 Mn
6 Enovix 689.37 Mn 689.37 Mn 1.30 Mn 24.44 Mn
7 Amprius Technologies 436.15 Mn 361.63 Mn 9.28 Mn 4.10 Mn
8 Electrovaya 257.13 Mn 244.05 Mn 6.19 Mn -407,000.00
9 Microvast Holdings 215.82 Mn 72.70 Mn 25.78 Mn 8.86 Mn
10 Ses Ai 176.50 Mn 176.50 Mn 1.15 Mn 11.36 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 82.53 Mn
Mar 31, 2026 84.57 Mn
Dec 31, 2025 86.77 Mn
Sep 30, 2025 92.07 Mn
Jun 30, 2025 101.18 Mn
Mar 31, 2025 95.59 Mn
Dec 31, 2024 104.38 Mn
Sep 30, 2024 96.99 Mn
Jun 30, 2024 97.75 Mn
Mar 31, 2024 83.85 Mn
Dec 31, 2023 96.40 Mn
Sep 30, 2023 88.15 Mn
Jun 30, 2023 86.45 Mn
Mar 31, 2023 76.94 Mn
Dec 31, 2022 83.38 Mn
Sep 30, 2022 87.58 Mn
Jun 30, 2022 65.13 Mn
Mar 31, 2022 61.35 Mn
Dec 31, 2021 46.79 Mn
Sep 30, 2021 39.47 Mn