QuantumScape Corporation announced it will release its third-quarter 2026 business results after market close on Wednesday, October 21, 2026. The solid-state battery technology firm scheduled a conference call for the same day at 2 p.m. Pacific Time (5 p.m. Eastern Time).

Shareholder Q&A window opens

Shareholders may submit questions for management starting October 8, 2026. The company will accept inquiries until Tuesday, October 20, at 2 p.m. Pacific Time (5 p.m. Eastern Time). QuantumScape management plans to address a selection of these questions during the earnings call.

Access and archiving details

The conference call will be accessible live via a webcast on the company’s IR Events Calendar page. An archive of the webcast will be available shortly after the call concludes and will remain accessible for 12 months.

About QuantumScape

QuantumScape is focused on revolutionizing energy storage to enable a sustainable future. Its next-generation batteries aim to support the transition away from legacy energy sources by offering greater energy density, faster charging, and enhanced safety.

QuantumScape Corporation (NASDAQ: QS) shares dropped 4.77% to $5.59 in premarket trading Thursday after the solid-state battery developer reported second-quarter results that exceeded earnings expectations. Despite beating analyst estimates for an adjusted loss of 16 cents per share against a consensus of 18 cents, investors reacted negatively to the company’s ongoing cash burn, long path to commercialization, and a revised agreement with Volkswagen PowerCo that reduced potential milestone payments.

The company recorded a GAAP net loss of $98.2 million and an adjusted EBITDA loss of $64.2 million for the quarter ended June 30, 2026. The adjusted EBITDA loss widened slightly from $63.0 million in the same period last year. Customer billings reached $10.8 million, bringing total first-half billings to $21.8 million, which already surpasses the full-year 2025 total of $19.5 million. QuantumScape ended the quarter with $859 million in liquidity.

Financial Performance and Guidance

QuantumScape maintained its full-year 2026 adjusted EBITDA loss guidance of $250 million to $275 million. However, the company demonstrated capital discipline by reducing its full-year 2026 capital expenditure guidance to a range of $27 million to $37 million. Second-quarter capital expenditures were $4.6 million, primarily directed toward technology development and facility investments.

Strategic Partnerships and Verticals

QuantumScape announced a multi-year partnership with Honda to advance solid-state lithium-metal battery technology for automotive applications. The company is now working with four top-10 global automotive original equipment manufacturers, including Volkswagen and Honda. Additionally, QuantumScape shipped battery cells to another automotive customer during the second quarter, expanding its development pipeline.

Concurrently, QuantumScape updated its collaboration and licensing arrangement with Volkswagen PowerCo. Chief Financial Officer Kevin Hettrich stated that the revised agreement reduces maximum potential payments to approximately $75 million from roughly $131 million under the previous terms. However, he noted that the narrower scope of work will significantly reduce project expenses, resulting in a projected net-neutral cash impact compared with the 2025 agreement.

To serve a broader customer base, QuantumScape established three business verticals: QS EV for electric vehicles, QSDC for AI data centers, and QSAS for aerospace and defense applications. The company has shipped QSC5 cells to a major American defense prime and is engaging with original design manufacturers for data center solutions.

Operational Progress

Operational advancements centered on the Eagle Line, the company’s automated pilot production line in San Jose, California. Core tools achieved uptime greater than 90%, and the company plans to double cell output in the second half of 2026. This increased capacity supports accelerated customer sample shipments across all three verticals. Management also highlighted the safety profile of its proprietary ceramic separator technology, noting successful thermal stability testing up to 300 degrees Celsius.