QuantumScape (QS) Retained Earnings (2019 - 2026)
QuantumScape's (QS) quarterly Retained Earnings came in at -$4.0 billion in Q2 2026, down 11.29% year-over-year from -$4.5 billion in Q2 2025, and down 2.52% quarter-over-quarter from -$3.9 billion in Q1 2026.
Analysis
QuantumScape (QS) Retained Earnings (2019 - 2026) Analysis & Trends
QuantumScape (QS) has reported Retained Earnings for 8 consecutive years, with -$4.0 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Retained Earnings fell 11.29% year-over-year to -$4.0 billion in Q2 2026; TTM through Jun 2026 was -$4.0 billion, a 11.29% decrease from a year earlier, with the FY2025 full-year figure at -$3.8 billion, down 12.95% from the prior year.
- Retained Earnings was -$4.0 billion for Q2 2026 at QuantumScape, down from -$3.9 billion in the prior quarter.
- Over five years, Retained Earnings peaked at -$2.1 billion in Q1 2022 and troughed at -$4.0 billion in Q2 2026.
- A 5-year average of -$3.1 billion and a median of -$3.1 billion in 2024 frame the typical range for Retained Earnings.
- The widest YoY moves for Retained Earnings: up 2.98% in 2022, down 20.36% in 2022.
- Over 5 years, Retained Earnings stood at -$2.4 billion in 2022, then dropped by 18.28% to -$2.9 billion in 2023, then slipped by 16.59% to -$3.4 billion in 2024, then slipped by 12.95% to -$3.8 billion in 2025, then declined by 5.25% to -$4.0 billion in 2026.
- The last three Retained Earnings figures came in at -$4.0 billion (Q2 2026), -$3.9 billion (Q1 2026), and -$3.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn | 2.85 Bn |
| 2 | QuantumScape | 3.20 Bn | 3.20 Bn | - | -3.99 Bn |
| 3 | Eos Energy Enterprises | 1.35 Bn | 1.00 Bn | -48.80 Mn | -2.30 Bn |
| 4 | Fluence Energy | 1.34 Bn | 769.30 Mn | 33.24 Mn | 670.32 Mn |
| 5 | Energy Vault Holdings | 752.49 Mn | 645.13 Mn | 5.38 Mn | 557.32 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn | 1.33 Bn |
| 7 | Amprius Technologies | 436.15 Mn | 361.63 Mn | 9.28 Mn | 352.16 Mn |
| 8 | Electrovaya | 257.13 Mn | 244.05 Mn | 6.19 Mn | -123.52 Mn |
| 9 | Microvast Holdings | 215.82 Mn | 72.70 Mn | 25.78 Mn | 1.63 Bn |
| 10 | Ses Ai | 176.50 Mn | 176.50 Mn | 1.15 Mn | -401.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.99 Bn |
| Mar 31, 2026 | -3.89 Bn |
| Dec 31, 2025 | -3.79 Bn |
| Sep 30, 2025 | -3.69 Bn |
| Jun 30, 2025 | -3.59 Bn |
| Mar 31, 2025 | -3.47 Bn |
| Dec 31, 2024 | -3.36 Bn |
| Sep 30, 2024 | -3.24 Bn |
| Jun 30, 2024 | -3.12 Bn |
| Mar 31, 2024 | -3.00 Bn |
| Dec 31, 2023 | -2.88 Bn |
| Sep 30, 2023 | -2.77 Bn |
| Jun 30, 2023 | -2.66 Bn |
| Mar 31, 2023 | -2.54 Bn |
| Dec 31, 2022 | -2.44 Bn |
| Sep 30, 2022 | -2.33 Bn |
| Jun 30, 2022 | -2.21 Bn |
| Mar 31, 2022 | -2.11 Bn |
| Dec 31, 2021 | -2.02 Bn |
| Sep 30, 2021 | -1.96 Bn |