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QuantumScape Corp (QS) Fundamental Analysis & AI Grade 2026

QS Nasdaq Miscellaneous Electrical Machinery, Equipment & Supplies DE CIK: 0001811414
Update Pending • Analysis: Apr 29, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
78% Confidence
N/A
C
78% Conf
Pending
Analysis scheduled

📊 QS Key Takeaways

Revenue: N/A
Net Margin: N/A
Free Cash Flow: $-69.5M
Current Ratio: 20.93x
Debt/Equity: 0.00x
EPS: $-0.16
AI Grade: C with 78% confidence
QuantumScape Corp (QS) receives a C fundamental grade with 78% confidence from our AI analysis based on SEC 10-K filings., and return on equity (ROE) of -9.1% Below is our complete QS stock analysis for 2026.

Is QuantumScape Corp (QS) a Good Investment?

Claude

QuantumScape is a pre-revenue company with significant cash burn (-$69.5M FCF annually) despite a strong balance sheet. Without commercial revenue generation and facing depletion of cash reserves within 2-3 years at current burn rates, the company must demonstrate imminent commercialization or secure additional funding to justify continued operations.

QuantumScape Corp Key Strengths (QS)

Claude
  • + Fortress balance sheet with $1.1B stockholders equity and zero long-term debt
  • + Excellent liquidity position with $145.1M cash and 20.93x current ratio providing ~2 year runway
  • + Improving EPS trend with 19.1% YoY reduction in loss per share indicating operational progress

QS Stock Risks: QuantumScape Corp Investment Risks

Claude
  • ! Zero revenue generation indicating pre-commercial stage with unproven market viability
  • ! Severe cash burn of -$69.5M in free cash flow annually with deteriorating operating position (-$109.2M operating loss)
  • ! Path to profitability unclear; company will require equity dilution or debt financing before cash depletion
  • ! Negative ROE (-9.1%) and ROA (-8.2%) demonstrate value destruction for shareholders

Key Metrics to Watch

Claude
  • * Time to first commercial revenue and revenue ramp trajectory
  • * Monthly burn rate trend and cash runway remaining
  • * Operating loss narrowing and achievement of breakeven operations

QuantumScape Corp (QS) Financial Metrics & Key Ratios

Revenue
N/A
Net Income
$-100.8M
EPS (Diluted)
$-0.16
Free Cash Flow
$-69.5M
Total Assets
$1.2B
Cash Position
$145.1M

💡 AI Analyst Insight

Strong liquidity with a 20.93x current ratio provides a solid financial cushion.

QS Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE -9.1%
ROA -8.2%
FCF Margin N/A

QS vs Utilities Sector: How QuantumScape Corp Compares

How QuantumScape Corp compares to Utilities sector averages

Net Margin
QS 0.0%
vs
Sector Avg 12.0%
QS Sector
ROE
QS -9.1%
vs
Sector Avg 10.0%
QS Sector
Current Ratio
QS 20.9x
vs
Sector Avg 0.8x
QS Sector
Debt/Equity
QS 0.0x
vs
Sector Avg 1.4x
QS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is QuantumScape Corp Stock Overvalued? QS Valuation Analysis 2026

Based on fundamental analysis, QuantumScape Corp has mixed fundamental signals relative to the Utilities sector in 2026.

Return on Equity
-9.1%
Sector avg: 10%
Net Profit Margin
N/A
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 1.4x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

QuantumScape Corp Balance Sheet: QS Debt, Cash & Liquidity

Current Ratio
20.93x
Quick Ratio
20.93x
Debt/Equity
0.00x
Debt/Assets
9.7%
Interest Coverage
-96.28x
Long-term Debt
N/A

QS Revenue & Earnings Growth: 5-Year Financial Trend

QS 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: QuantumScape Corp's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-0.96 indicates the company is currently unprofitable.

QS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

QuantumScape Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$59.5M
Cash generated from operations
Capital Expenditures
$10.0M
Investment in assets
Dividends
None
No dividend program

QS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for QuantumScape Corp (CIK: 0001811414)

📋 Recent SEC Filings

Date Form Document Action
Jun 5, 2026 4 xslF345X06/primarydocument.xml View →
Jun 5, 2026 4 xslF345X06/primarydocument.xml View →
Jun 5, 2026 4 xslF345X06/primarydocument.xml View →
Jun 5, 2026 4 xslF345X06/primarydocument.xml View →
Jun 5, 2026 4 xslF345X06/primarydocument.xml View →

Frequently Asked Questions about QS

What is the AI rating for QS?

QuantumScape Corp (QS) has an AI grade of C with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are QS's key strengths?

Claude: Fortress balance sheet with $1.1B stockholders equity and zero long-term debt. Excellent liquidity position with $145.1M cash and 20.93x current ratio providing ~2 year runway.

What are the risks of investing in QS?

Claude: Zero revenue generation indicating pre-commercial stage with unproven market viability. Severe cash burn of -$69.5M in free cash flow annually with deteriorating operating position (-$109.2M operating loss).

What is QS's revenue and growth?

QuantumScape Corp reported revenue of N/A.

Does QS pay dividends?

QuantumScape Corp does not currently pay dividends.

Where can I find QS SEC filings?

Official SEC filings for QuantumScape Corp (CIK: 0001811414) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is QS's EPS?

QuantumScape Corp has a diluted EPS of $-0.16.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is QS's fundamental grade?

Based on our AI fundamental analysis in June 2026, QuantumScape Corp has a C grade with 78% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is QS stock overvalued or undervalued?

Valuation metrics for QS: ROE of -9.1% (sector avg: 10%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is QS's AI grade for 2026?

Our dual AI analysis gives QuantumScape Corp a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is QS's free cash flow?

QuantumScape Corp's operating cash flow is $-59.5M, with capital expenditures of $10.0M.

How does QS compare to other Utilities stocks?

Vs Utilities sector averages: Net margin N/A (avg: 12%), ROE -9.1% (avg: 10%), current ratio 20.93 (avg: 0.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 29, 2026 | Data as of: 2026-03-31 | Powered by Claude AI