QuantumScape Corp
For the period ended Sep 30, 2025. Filed Oct 24, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 24, 2025
QS$4.45-2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Stockholders’ Equity (Unaudited)
(In Thousands)
| Common Stock · AdditionalPaid-In · Accumulated · AccumulatedOtherComprehensive · TotalStockholders’ | ||||||
|---|---|---|---|---|---|---|
| Three Months Ended September 30, 2025 | Shares | Amount | Capital | Deficit | Income | Equity |
| Balance as of June 30, 2025 | 565,316 | $56 | $4,612,488 | $(3,587,635) | $(113) | $1,024,796 |
| Exercise of stock options and employee stock purchase plan | 3,218 | 1 | 7,985 | — | — | 7,986 |
| Shares issued upon vesting of restricted stock units | 3,326 | — | 25 | — | — | 25 |
| Shares issued under At-the-Market Offering, net of issuance costs | 29,288 | 3 | 263,266 | — | — | 263,269 |
| Stock-based compensation | — | — | 24,840 | — | — | 24,840 |
| Net loss | — | — | — | (105,824) | — | (105,824) |
| Unrealized gain on marketable securities | — | — | — | — | 656 | 656 |
| Balance as of September 30, 2025 | 601,148 | $60 | $4,908,604 | $(3,693,459) | $543 | $1,215,748 |
| Common Stock · AdditionalPaid-In · Accumulated · AccumulatedOtherComprehensive · TotalStockholders’ | ||||||
| Nine Months Ended September 30, 2025 | Shares | Amount | Capital | Deficit | Income | Equity |
| Balance as of December 31, 2024 | 542,549 | $54 | $4,515,879 | $(3,358,514) | $428 | $1,157,847 |
| Exercise of stock options and employee stock purchase plan | 13,178 | 2 | 23,643 | — | — | 23,645 |
| Shares issued upon vesting of restricted stock units | 15,927 | 1 | 20,264 | — | — | 20,265 |
| Shares issued under At-the-Market Offering, net of issuance costs | 29,494 | 3 | 264,173 | — | — | 264,176 |
| Stock-based compensation | — | — | 84,645 | — | — | 84,645 |
| Net loss | — | — | — | (334,945) | — | (334,945) |
| Unrealized gain on marketable securities | — | — | — | — | 115 | 115 |
| Balance as of September 30, 2025 | 601,148 | $60 | $4,908,604 | $(3,693,459) | $543 | $1,215,748 |
| Redeemable Non-Controlling · Common Stock · AdditionalPaid-In · Accumulated · AccumulatedOtherComprehensive · TotalStockholders’ | |||||||
|---|---|---|---|---|---|---|---|
| Three Months Ended September 30, 2024 | Interest | Shares | Amount | Capital | Deficit | Loss | Equity |
| Balance as of June 30, 2024 | $1,812 | 503,640 | $50 | $4,305,018 | $(3,124,280) | $(519) | $1,180,269 |
| Exercise of stock options | — | 4,271 | — | 7,398 | — | — | 7,398 |
| Shares issued upon vesting of restricted stock units | — | 4,299 | 1 | 2,768 | — | — | 2,769 |
| Stock-based compensation | — | — | — | 38,303 | — | — | 38,303 |
| Net loss | (127) | — | — | — | (119,572) | — | (119,572) |
| Unrealized gain on marketable securities | — | — | — | — | — | 1,458 | 1,458 |
| Dissolution of joint venture | (1,685) | — | — | — | — | — | — |
| Balance as of September 30, 2024 | $— | 512,210 | $51 | $4,353,487 | $(3,243,852) | $939 | $1,110,625 |
| Redeemable Non-Controlling · Common Stock · AdditionalPaid-In · Accumulated · AccumulatedOtherComprehensive · TotalStockholders’ | |||||||
| Nine Months Ended September 30, 2024 | Interest | Shares | Amount | Capital | Deficit | Loss | Equity |
| Balance as of December 31, 2023 | $1,770 | 493,031 | $49 | $4,221,892 | $(2,880,657) | $(2,877) | $1,338,407 |
| Exercise of stock options and employee stock purchase plan | — | 7,208 | — | 13,968 | — | — | 13,968 |
| Shares issued upon vesting of restricted stock units | — | 11,971 | 2 | 23,083 | — | — | 23,085 |
| Stock-based compensation | — | — | — | 94,544 | — | — | 94,544 |
| Net loss | (85) | — | — | — | (363,195) | — | (363,195) |
| Unrealized gain on marketable securities | — | — | — | — | — | 3,816 | 3,816 |
| Dissolution of joint venture | (1,685) | — | — | — | — | — | — |
| Balance as of September 30, 2024 | $— | 512,210 | $51 | $4,353,487 | $(3,243,852) | $939 | $1,110,625 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.