Developer of solid-state lithium-metal batteries for electric vehicles, pre-commercial with automaker partners.
Has no product sales yet and is funded by cash raised from shareholders. Its plan is to license the technology and take royalties, with Volkswagen's battery arm PowerCo as the anchor licensee, rather than build large cell factories itself.
Products and services
Solid-state battery cells (QSE-5)
Battery licensing/technology
Customers
Automakers (Volkswagen/PowerCo partnership)
Where it sits in the supply chain
Consumer discretionary
Solid-state battery R&D
EV battery cell manufacturing (planned)
What could go right
EV adoption growth
Automaker solid-state battery partnerships
What could go wrong
Pre-revenue/manufacturing scale-up risk
Competing battery chemistries advancing fast
Moat: narrow (IP / patents). Patented ceramic separator solid-state technology, but unproven at commercial scale.
Headquarters: San Jose, California, US · Founded: 2010 · Employees: 700
SizeQuantumScape (QS) is a United States Consumer Discretionary company (Electrical Products) with a market value of $2.66B, the 1612th largest of 3,117 United States companies the cockpit tracks. Shares closed at $4.28 on 6 Nov 2026.
Performance Over six months the shares fell 43.2%, against -26.0% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 6 in its peer set.
Valuation It trades at 2.67× book value against a peer median of 0.95× (2nd most expensive of 6).
Price implies The share price implies a return on equity of about 46.0%; QuantumScape delivers -34.7%, so the price asks more than the business earns today.
Short interest Short interest is 18.7% of the free float (15 Oct 2026).
Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).
Relative performance
Six months, rebased to 100: QuantumScape against the median of its 5 peers (local-currency closes).
QuantumScape financials
Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Performance: 6-month against 1-month return
Up and to the right = strong over both horizons. QuantumScape is the large dot.
Fundamentals: return on equity against price-to-book
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. QuantumScape is the large dot.
Capital: ROE delivered against the ROE the price implies
Above the diagonal = the price asks for a higher return on equity than the business earns today. QuantumScape is the large dot.
QuantumScape competitors and peer comparison
Head to head with its named competitors (QS vs SLDP vs 6752.T vs 300750.SZ)
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
QuantumScape against its 5 peers (data as of 6 Nov 2026)
Measure
QS
Peer median
Rank in peer set
1-month return
-6.5%
-7.2%
3rd highest of 6
6-month return
-43.2%
-26.0%
lowest of 6
Return on equity
-34.7%
8.3%
lowest of 6
Price / book
2.67×
0.95×
2nd most expensive of 6
ROE the price implies
46.0%
14.1%
2nd most demanding of 6
ROE delivered
-34.7%
5.6%
lowest of 5
Peer table
Peer set: Industry: the same industry and sector in any market, nearest in size
Named competitors: Solid Power (SLDP), Panasonic (6752.T), CATL (300750.SZ), LG Energy Solution (373220.KS). The cockpit's measured peer set (industry) also includes Versigent (VGNT), Hankook & (000240.KS), Aptiv (APTV), Solid Power (SLDP), BYD (1211.HK).
Is QuantumScape expensive compared with its peers?
On price / book it trades at 2.67× against a peer median of 0.95×, 2nd most expensive of 6 in its peer set. The share price implies a return on equity of about 46.0%; QuantumScape delivers -34.7%, so the price asks more than the business earns today.
How has QuantumScape stock performed?
Over six months to 6 Nov 2026 the shares returned -43.2% against -26.0% for the median peer; over one year -74.9%.