QUANTUMSCAPE CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — |
| Operating Expenses | |||||||
| Research & Development | $375.6M | $383.0M | $347.9M | $297.4M | $151.5M | $65.1M | $45.9M |
| SG&A Expense | $97.0M | $142.2M | $131.1M | $123.2M | $63.8M | $15.9M | $9.9M |
| Operating Income | $-472.6M | $-525.2M | $-479.0M | $-420.6M | $-215.3M | $-81.0M | $-55.8M |
| Operating Margin | — | — | — | — | — | — | — |
| Interest Expense | — | — | $2.4M | $2.4M | $1.4M | $20.8M | $94.0K |
| Pretax Income | $-433.5M | $-478.2M | $-445.1M | — | — | — | — |
| Income Tax Expense | $1.5M | $-269.0K | $20.0K | $0 | $0 | $0 | $0 |
| Net Income | $-435.1M | $-477.9M | $-445.1M | $-411.9M | $-46.0M | $-1.68B | $-51.3M |
| Net Margin | — | — | — | — | — | — | — |
| EPS (Basic) | $-0.76 | $-0.94 | $-0.96 | $-0.95 | $-0.11 | $-6.67 | $-0.21 |
| EPS (Diluted) | $-0.76 | $-0.94 | $-0.96 | $-0.95 | $-0.52 | $-6.67 | $-0.21 |
| Shares Outstanding (Basic) | 576.0M | 508.1M | 462.2M | 433.0M | 404.3M | 252.1M | 239.6M |
| Shares Outstanding (Diluted) | 576.0M | 508.1M | 462.2M | 433.0M | 409.5M | 252.1M | 239.6M |
| Dividends Per Share | — | — | — | — | — | — | — |