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QuantumScape (QuantumScape) Net Income : $-461.15 Mil (TTM As of Mar. 2024)


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What is QuantumScape Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. QuantumScape's Net Income for the three months ended in Mar. 2024 was $-120.65 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-461.15 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. QuantumScape's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.24.


QuantumScape Net Income Historical Data

The historical data trend for QuantumScape's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

QuantumScape Net Income Chart

QuantumScape Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
-51.28 -1,681.78 -45.97 -411.91 -445.15

QuantumScape Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -104.65 -116.52 -110.62 -113.36 -120.65

QuantumScape Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

QuantumScape's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-445.079+0+0+-0.065999999999974
=-445.15

QuantumScape's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-120.628+0+0+-0.019999999999996
=-120.65

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-461.15 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


QuantumScape  (NYSE:QS) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

QuantumScape's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


QuantumScape Net Income Related Terms

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QuantumScape (QuantumScape) Business Description

Traded in Other Exchanges
Address
1730 Technology Drive, San Jose, CA, USA, 95110
QuantumScape Corp is engaged in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles. It developed an anode-less cell design, which delivers high energy density while lowering material costs and simplifying manufacturing.
Executives
Jurgen Leohold director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Mohit Singh officer: Chief Development Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Kevin Hettrich officer: Chief Financial Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Jeffrey B Straubel director C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Mccarthy Michael O Iii officer: Chief Legal Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Srinivasan Sivaram officer: President C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Timothy Holme officer: Chief Technology Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Gena C Lovett director 11324 FOX CREEK FARM WAY, GREAT FALLS VA 22066
Jagdeep Singh director, 10 percent owner, officer: Chief Executive Officer, other: Chairman C/O INFINERA CORPORATION, 169 JAVA DRIVE, SUNNYVALE CA 94089
Dipender Saluja director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Fritz Prinz director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Susan Huppertz director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Justin E Mirro director, 10 percent owner, officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Jeneanne Michelle Hanley director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48034
Brad W Buss director 198 CHAMPION COURT, SAN JOSE CA 95134