QuantumScape (QS) Research & Development (2020 - 2026)
QuantumScape (QS) reported Research & Development of $84.6 million for Q1 2026, down 11.53% year-over-year from $95.6 million in Q1 2025, and down 2.53% quarter-over-quarter from $86.8 million in Q4 2025.
QuantumScape (QS) Research & Development (2020 - 2026) Analysis & Trends
QuantumScape (QS) has 7 years of Research & Development data on file, last reported at $84.6 million in Q1 2026.
- Research & Development for Q1 2026 came in at $84.6 million, down 11.53% year-over-year; the trailing twelve-month figure through Mar 2026 was $364.6 million (down 7.63% YoY), and the FY2025 annual result was $375.6 million, down 1.92% from the prior year.
- Research & Development fell to $84.6 million in Q1 2026 per QS's latest filing, from $86.8 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 $87.6 million and a median of $87.6 million in 2022 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development jumped 121.91% in 2022, then declined 16.88% in 2025.
- 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.
- Business Quant data shows QS's Research & Development at $84.6 million in Q1 2026, $86.8 million in Q4 2025, and $92.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | - |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | - |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | - |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | - |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | - |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | - |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | 195.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 54.00 Mn |
| 10 | QuantumScape | 4.23 Bn | 3.33 Bn | - | 84.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 35.78 Mn |