QuantumScape Corp. (NASDAQ:QS) reported second-quarter results after Wednesday’s closing bell, posting a narrower-than-expected quarterly loss. Here’s a look at the details inside the report.
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QuantumScape Q2 Details
QuantumScape reported quarterly losses of 16 cents per share, which beat the analyst consensus estimate for losses of 18 cents, according to Benzinga Pro data.
Customer billings came in at $10.8 million for the quarter, representing the total value of invoices issued to customers and partners, regardless of accounting treatment; this metric may fluctuate quarter to quarter as engagement activity progresses.
Capital expenditures totaled $4.6 million for the quarter, driven mainly by investments in the company’s technology roadmap and related facility spending.
For full-year 2026, capex guidance has been lowered to $27 million to $37 million, reflecting tighter capital discipline and cost savings on select projects.
QS Stock Price Activity: According to data from Benzinga Pro, QuantumScape stock fell 4.60% to $5.60 in Wednesday’s extended trading.
Photo: Courtesy QuantumScape
