QuantumScape

Q3 FY2026 EarningsQS.US Q3 FY26 results beat consensus estimates on the bottom line, with a GAAP EPS loss of -$0.14 vs. -$0.17 expected. As a development-stage company, revenue remained at $0 in-line with expectations. The primary driver for the earnings beat was a significant reduction in operating expenses, down 20% YoY, largely due to a credit in stock-based compensation and lower impairment charges. However, management disclosed a strategic amendment to the PowerCo agreement that removes $7.0M in near-term transition payments, adding uncertainty to the commercialization timeline.