Quick Answer
QuantumScape Corp reported R&D Expense of $375.61 million for fiscal year 2025.
QuantumScape Corp R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $375.61M | -1.9% |
| 2024 | $382.97M | +10.1% |
| 2023 | $347.94M | +17.0% |
| 2022 | $297.44M | +96.3% |
| 2021 | $151.50M | +132.7% |
| 2020 | $65.10M | +41.7% |
| 2019 | $45.94M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $92.07M | -5.1% | -9.0% |
| June 30, 2025 | $101.18M | +3.5% | +5.8% |
| March 31, 2025 | $95.59M | +14.0% | -1.4% |
| September 30, 2024 | $96.99M | +10.0% | -0.8% |
| June 30, 2024 | $97.75M | +13.1% | +16.6% |
| March 31, 2024 | $83.85M | +9.0% | -4.9% |
| September 30, 2023 | $88.15M | +0.7% | +2.0% |
| June 30, 2023 | $86.45M | +32.7% | +12.4% |
- QuantumScape Corp showed a decrease of -1.9% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2025 period, QuantumScape Corp’s r&d expense has grown by 717.5% (from $45.94 million to $375.61 million).
- The most recent figure is from QuantumScape Corp’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 25, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: