QuantumScape Corporation (QS) Stock Score, Valuation & Financial Research

QuantumScape Corporation is in the Consumer Cyclical sector and Auto - Parts industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. A complete Wall Street Score is not currently available.

Quick answer for QS

QuantumScape Corporation does not currently have a complete Wall Street Score. The stored market price is USD 3.93. These figures are a research snapshot, not a buy or sell recommendation.

What QuantumScape Corporation does

QuantumScape Corporation, along with its affiliated entities, specializes in the advancement and market launch of innovative solid-state lithium-metal batteries. These cutting-edge power solutions are primarily engineered for electric vehicles (EVs) but also serve a range of other uses within the United States. The company, established in 2010, has its main corporate office located in San Jose, California.

Company business and revenue

Research reporting period: 2025-12-31. A research update is not a new financial filing.

How the company makes money

QuantumScape is a development-stage company focused on the research, development, and commercialization of solid-state lithium-metal battery technology. The company intends to generate future revenue through technology licensing, collaboration payments, and commercialization partnerships with automotive original equipment manufacturers and other energy storage providers.

Products and services

  • Proprietary solid-state lithium-metal battery technology designed for electric vehicles and other energy storage applications.

Customer types

Automotive Original Equipment Manufacturers (OEMs); Stationary energy storage providers.

Suppliers, materials and equipment

  • Raw material and equipment suppliers — The company relies on various third-party suppliers for specialized materials and manufacturing equipment necessary for its pilot production lines; specific supplier names are not disclosed. Source

Business relationships and partnerships

  • PowerCo (Volkswagen Group) — A strategic partnership and collaboration agreement to develop and commercialize solid-state battery technology for automotive applications. Source
  • Fluence Energy Inc. — An agreement to evaluate QuantumScape's battery technology for inclusion in stationary energy storage applications. Source

Business strengths to evaluate

  • Proprietary solid-state lithium-metal battery technology Source

Business risks and research considerations

  • History of operating losses and lack of commercial revenue Source
  • Uncertainty regarding successful commercialization and mass production Source

Sources: Company research source · Fluence Energy Inc.

Company research refreshed 2026-10-12. This is saved research, not a live check of company relationships. Check the reporting period and source disclosures. Financial figures and scores follow their separate update schedules.

QS financial snapshot

Statement amounts: USD. Quote amounts: USD. No exchange-rate conversion is performed in this snapshot. Market-capitalization currency is not supplied by this projection.

Wall Street Score:
Not currently available
Stored price:
USD 3.93
Market capitalization:
2.43B (currency not supplied)
Revenue:
USD 0.00
Net income:
USD -404.97M
Free cash flow:
USD -278.75M
Cash:
USD 132.87M
Total debt:
USD 67.12M
EPS:
USD -0.67

What stands out

  • Free cash flow is USD -278.75M, negative for the stored period.
  • The balance sheet shows USD 132.87M of cash versus USD 67.12M of total debt, an excess of cash over debt on these two reported measures.
  • The current research record carries a missing revenue history warning, which should be reviewed alongside the score.

Company-specific financial comparisons

The following are calculated from saved company data, not forecasts or statements about future performance. Differences in reporting dates or units can make a ratio misleading; verify the original filings.

  • Cash exceeds debt by USD 65.75M using the stored balance-sheet values. This does not include other obligations or restricted cash.

Questions worth answering for QS

Use these questions to check the stored figures against the latest company filings. They identify issues to investigate; they are not findings about management's plans or future results.

  • How long can QS fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • How is QS likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • What specifically needs to improve for QS to reach sustainable profitability?
  • What does the current missing revenue history warning mean for the reliability or interpretation of QS's score?

What the numbers mean

A complete valuation score is not currently available, so valuation should be checked using the available earnings, cash-flow and price data.

A complete financial score is not currently available, so investors should review cash, debt, earnings and cash flow directly.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-10-15.

Research-input completeness: 73% of the scoring inputs required for this public page are currently available.

How to research QS

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

Learn how to analyze a stock · Read the Wall Street Score methodology · Browse other stocks

Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.