QuantumScape posts $98.2 million net loss, partners with Honda on solid-state batteries

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QuantumScape reported a GAAP net loss of $98.2 million for the second quarter of 2026, while announcing a multi-year partnership with Honda to advance solid-state lithium metal battery technology. The company posted GAAP operating expenses of $106.1 million and an adjusted EBITDA loss of $64.2 million, with capital expenditures of $4.6 million. Full-year 2026 adjusted EBITDA loss guidance was set between $250 million and $275 million, and capital expenditure guidance was lowered to between $27 million and $37 million. Customer billings reached $10.8 million in the quarter, bringing total billings through the first half of 2026 to $21.8 million, already exceeding full-year 2025 levels. QuantumScape also updated its collaboration with Volkswagen PowerCo, focusing on automotive cell development and larger format cells, while establishing three business verticals: QSEV for electric vehicles, QSDC for AI data centers, and QSAS for advanced solutions. Liquidity at quarter-end stood at $859 million.

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Electrification & Mobility · 2 stocks
Honda Motor Co., Ltd.
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Honda entered a multi-year partnership with QuantumScape to advance solid-state lithium metal battery technology.

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PowerCo SEPrivate± Mixed
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