QuantumScape Corporation
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-98.2M | $-100.8M | $-100.1M | $-105.8M | $-114.7M | $-114.4M | $-114.7M | $-119.6M |
| Depreciation & Amortization | $13.4M | $14.8M | $13.5M | $14.2M | $19.5M | $18.3M | $18.0M | $14.9M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $27.3M | $30.5M | $31.3M | $29.2M | $26.3M | $40.6M | $34.2M | $43.4M |
| Net Cash from Operating Activities | $-56.7M | $-59.5M | $-56.2M | $-63.7M | $-61.8M | $-60.7M | $-58.7M | $-92.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $4.6M | $10.0M | $12.3M | $9.6M | $8.6M | $5.8M | $11.2M | $18.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $32.1M | $-25.7M | $32.0M | $-156.4M | $77.3M | $62.0M | $-109.1M | $66.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $12.5M | $-256.0K | $27.3M | $270.6M | $3.5M | $11.4M | $133.9M | $5.0M |
| Net Change in Cash | $-12.2M | $-85.5M | $3.2M | $50.5M | $18.9M | $12.7M | $-33.8M | $-21.7M |
| Free Cash Flow | $-61.4M | $-69.5M | $-68.4M | $-73.3M | $-70.4M | $-66.6M | $-69.8M | $-110.8M |