QuantumScape Corporation (QS) Earnings Call Transcripts
QuantumScape Corporation's Latest Earnings Call - June 11, 2026
QuantumScape Corporation reported its earnings for Q2 FY2026, highlighting significant advancements in its solid-state lithium metal battery technology. The company did not provide specific revenue or earnings figures in the call, but emphasized its transition into the commercialization phase, marked by receiving payments from Volkswagen Group and other partners. Management discussed a 200x improvement in processing speed, critical for automotive commercialization, and announced ongoing collaborations with major automotive OEMs. The company maintained its guidance for EBITDA loss between $250 million and $270 million and CapEx of $40 million to $60 million, with expectations for increased customer billings.
Reported metrics
| Metric | Value |
|---|---|
| Processing Speed Improvement | 200x (beat) |
| Customer Billings | $30 million (positive) |
| EBITDA Loss Guidance | $250 million to $270 million (inline) |
| CapEx Guidance | $40 million to $60 million (inline) |
Guidance from management
QuantumScape maintained its guidance for an EBITDA loss between $250 million and $270 million and CapEx of $40 million to $60 million. The company expects year-over-year increases in customer billings.
What management said
It is. If you're holding cathode chemistry constant, we'd be cost advantaged. So if you wanted to -- it isn't a -- there are 2 very different cells, but holding cathode chemistry constant. So if you do an NMC cell or LFP versus LFP, we'd be cost advantaged.
Today, the -- so if you maybe make that a little more clear. You name the -- our partner would name the cathode chemistry. And then our goal would be at scale and at maturity, we would beat it relative to lithium-ion cell. So if they said, here's my lithium-ion cell that's got NMC, our variant we're seeking for both higher performance and lower cost. They said, here is our lithium-ion cell with LFP, we would seek to ...
What analysts pressed on
Analysts expressed concerns about the timeline for commercialization, particularly the launch of automotive products. There were also questions about cost competitiveness against existing lithium-ion technologies and the potential for further cost reductions.
Main topics on the call
- Commercialization Phase — QuantumScape is now in the commercialization phase, with its first collaboration payment from Volkswagen Group. Management stated, 'In Q3, we started receiving payments,' marking a significant milestone.
- Processing Speed Improvements — The company achieved a 200x improvement in processing speed with its Raptor and Cobra processes, which is crucial for scaling production. Kevin Hettrich noted, 'We were then 200x faster than the conventional continuous p...
- Automotive Partnerships — QuantumScape is advancing its automotive partnerships, notably with Volkswagen, which includes a license for up to 85 gigawatt hours. The company is also working with three other top global OEMs.
- Expansion into New Markets — The company is exploring opportunities in aerospace, defense, and AI data centers, driven by the need for high energy density and safety. Hettrich mentioned, 'We are getting a lot of inbound interest to explore that.'
Read the full QuantumScape Corporation transcript (June 11, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About QuantumScape Corporation
QuantumScape Corporation (QS) is a publicly listed company in the Automobile Components industry, within the Consumer Discretionary sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 40 calls on record spanning February 16, 2021 to July 22, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 40 QuantumScape Corporation earnings call transcripts on record, spanning February 16, 2021 to July 22, 2026. Based on this history, QuantumScape Corporation reports quarterly. The most recent call on file is dated July 22, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- QS
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Consumer Discretionary
- Industry
- Automobile Components
- Calls on record
- 40
- First call
- February 16, 2021
- Most recent
- July 22, 2026
- Reporting cadence
- quarterly