QuantumScape Files Q1 2025 10-Q
Ticker: QS · Form: 10-Q · Filed: 2025-04-25T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, reporting
TL;DR
QuantumScape's Q1 2025 10-Q is in, check financials and ops updates.
AI Summary
QuantumScape Corp. filed its 10-Q for the period ending March 31, 2025. The company reported its financial results and provided updates on its operations. Key financial data points and operational highlights are detailed within the filing.
Why It Matters
This filing provides investors with the latest financial performance and operational status of QuantumScape, a company developing advanced battery technology.
Risk Assessment
Risk Level: medium — QuantumScape is a pre-revenue company in a highly competitive and capital-intensive industry, facing significant technological and market risks.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the company's annual financial reporting cycle.)
- 001-39345 — SEC File Number (Unique identifier for QuantumScape's filings with the SEC.)
Key Players & Entities
- QuantumScape Corp. (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- 20250425 (date) — Filing date
- Kensington Capital Acquisition Corp. (company) — Former company name
- San Jose, CA (location) — Company headquarters
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended March 31, 2025.
When was this 10-Q filed with the SEC?
This 10-Q was filed on April 25, 2025.
What was QuantumScape's former company name?
QuantumScape's former company name was Kensington Capital Acquisition Corp.
Where is QuantumScape's business address?
QuantumScape's business address is 1730 Technology Drive, San Jose, CA 95110.
What is QuantumScape's Standard Industrial Classification code?
QuantumScape's Standard Industrial Classification code is 3690, for Miscellaneous Electrical Machinery, Equipment & Supplies.
From the Filing
0000950170-25-058706.txt : 20250425 0000950170-25-058706.hdr.sgml : 20250425 20250425160658 ACCESSION NUMBER: 0000950170-25-058706 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 68 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250425 DATE AS OF CHANGE: 20250425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: QuantumScape Corp CENTRAL INDEX KEY: 0001811414 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] ORGANIZATION NAME: 04 Manufacturing EIN: 850796578 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-39345 FILM NUMBER: 25873953 BUSINESS ADDRESS: STREET 1: 1730 TECHNOLOGY DRIVE CITY: SAN JOSE STATE: CA ZIP: 95110 BUSINESS PHONE: (408) 452-2000 MAIL ADDRESS: STREET 1: 1730 TECHNOLOGY DRIVE CITY: SAN JOSE STATE: CA ZIP: 95110 FORMER COMPANY: FORMER CONFORMED NAME: Kensington Capital Acquisition Corp. DATE OF NAME CHANGE: 20200505 10-Q 1 qs-20250331.htm 10-Q 10-Q false 0001811414 Q1 --12-31 http://fasb.org/us-gaap/2024#UsefulLifeShorterOfTermOfLeaseOrAssetUtilityMember 0001811414 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001811414 qs:ExtraordinaryPerformanceAwardProgramMember us-gaap:CommonClassAMember 2025-02-01 2025-02-28 0001811414 us-gaap:MoneyMarketFundsMember us-gaap:FairValueMeasurementsRecurringMember 2024-12-31 0001811414 us-gaap:CommonStockMember 2025-03-31 0001811414 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001811414 us-gaap:FairValueInputsLevel2Member us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueMeasurementsRecurringMember 2024-12-31 0001811414 us-gaap:RetainedEarningsMember 2024-03-31 0001811414 us-gaap:RestrictedStockUnitsRSUMember 2024-12-31 0001811414 qs:ExtraordinaryPerformanceAwardProgramMember us-gaap:CommonClassAMember 2022-01-01 2022-12-31 0001811414 us-gaap:CommonClassAMember 2024-12-31 0001811414 us-gaap:PerformanceSharesMember 2025-01-01 2025-03-31 0001811414 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2024-12-31 0001811414 us-gaap:EmployeeStockOptionMember 2025-01-01 2025-03-31 0001811414 2024-12-31 0001811414 2025-03-31 0001811414 us-gaap:PerformanceSharesMember 2024-01-01 2024-12-31 0001811414 qs:TwoThousandTwentyFiveBonusPlanMember 2025-01-01 2025-03-31 0001811414 us-gaap:MachineryAndEquipmentMember srt:MaximumMember 2025-03-31 0001811414 us-gaap:RestrictedStockUnitsRSUMember 2025-01-01 2025-03-31 0001811414 qs:ComputerEquipmentHardwareAndSoftwareMember 2024-12-31 0001811414 us-gaap:ConvertibleDebtSecuritiesMember 2024-12-31 0001811414 2024-01-01 2024-12-31 0001811414 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001811414 qs:ExtraordinaryPerformanceAwardProgramMember us-gaap:ShareBasedCompensationAwardTrancheTwoMember 2025-01-01 2025-03-31 0001811414 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001811414 us-gaap:CommonClassAMember qs:TwoThousandTwentyEquityIncentiveAwardPlanMember 2025-03-31 0001811414 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ConvertibleDebtSecuritiesMember 2025-03-31 0001811414 qs:ExtraordinaryPerformanceAwardProgramMember 2024-01-01 2024-12-31 0001811414 us-gaap:CommonClassBMember 2025-03-31 0001811414 us-gaap:CommercialPaperMember us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001811414 us-gaap:FairValueMeasurementsRecurringMember 2024-12-31 0001811414 us-gaap:GeneralAndAdministrativeExpenseMember 2025-01-01 2025-03-31 0001811414 us-gaap:CommonClassAMember 2025-03-31 0001811414 us-gaap:PerformanceSharesMember qs:TwoThousandTwentyFourBonusPlanMember 2025-01-01 2025-03-31 0001811414 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2024-12-31 0001811414 us-gaap:USGovernmentAgenciesDebtSecuritiesMember us-gaap:FairValueMeasurementsRecurringMember 2025-03-31 0001811414 qs:TwoThousandTwentyFourBonusPlanMember 2025-02-01 2025-02-28 0001811