QuantumScape annual r&d spending
2019
2020
2021
2022
2023
2024
2025
QuantumScape R&D Spending Growth & History (QS)
QuantumScape's r&d spending was $375.6M for fiscal 2025.
View full QuantumScape company overviewQuantumScape annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $375.6M | −$7.4M | −1.92% |
| 2024 | 2024-12-31 | $383.0M | $35.0M | +10.07% |
| 2023 | 2023-12-31 | $347.9M | $50.5M | +16.98% |
| 2022 | 2022-12-31 | $297.4M | $145.9M | +96.33% |
| 2021 | 2021-12-31 | $151.5M | $86.4M | +132.70% |
| 2020 | 2020-12-31 | $65.1M | $19.2M | +41.70% |
| 2019 | 2019-12-31 | $45.9M | — | — |
QuantumScape quarterly r&d spending
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $82.5M | −$18.6M | −18.43% |
| Q1 2026 | 2026-03-31 | $84.6M | −$11.0M | −11.53% |
| Q4 2025 | 2025-12-31 | $86.8M | −$17.6M | −16.88% |
| Q3 2025 | 2025-09-30 | $92.1M | −$4.9M | −5.07% |
| Q2 2025 | 2025-06-30 | $101.2M | $3.4M | +3.51% |
| Q1 2025 | 2025-03-31 | $95.6M | $11.7M | +14.00% |
| Q4 2024 | 2024-12-31 | $104.4M | $8.0M | +8.29% |
| Q3 2024 | 2024-09-30 | $97.0M | $8.8M | +10.03% |
| Q2 2024 | 2024-06-30 | $97.7M | $11.3M | +13.06% |
| Q1 2024 | 2024-03-31 | $83.8M | $6.9M | +8.98% |
| Q4 2023 | 2023-12-31 | $96.4M | $13.0M | +15.62% |
| Q3 2023 | 2023-09-30 | $88.2M | $572,000 | +0.65% |
| Q2 2023 | 2023-06-30 | $86.5M | $21.3M | +32.73% |
| Q1 2023 | 2023-03-31 | $76.9M | $15.6M | +25.42% |
| Q4 2022 | 2022-12-31 | $83.4M | $36.6M | +78.20% |
| Q3 2022 | 2022-09-30 | $87.6M | $48.1M | +121.91% |
| Q2 2022 | 2022-06-30 | $65.1M | $29.4M | +82.06% |
| Q1 2022 | 2022-03-31 | $61.3M | $31.9M | +108.20% |
| Q4 2021 | 2021-12-31 | $46.8M | $24.1M | +105.84% |
| Q3 2021 | 2021-09-30 | $39.5M | $22.5M | +132.47% |
| Q2 2021 | 2021-06-30 | $35.8M | $23.7M | +196.92% |
| Q1 2021 | 2021-03-31 | $29.5M | $16.1M | +120.76% |
| Q4 2020 | 2020-12-31 | $22.7M | — | — |
| Q3 2020 | 2020-09-30 | $17.0M | — | — |
| Q2 2020 | 2020-06-30 | $12.0M | — | — |
| Q1 2020 | 2020-03-31 | $13.3M | — | — |
QuantumScape r&d spending trends
Over the last five fiscal years, QuantumScape's r&d spending increased from $65.1M to $375.6M, a change of $310.5M. The latest reported quarter, Q2 2026, shows $82.5M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review QuantumScape source filings ↗