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Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Gross Profit | -38M | 23% |
Cost of Revenue | 37M | 23.3% |
Operating expense | 134M | 1.9% |
Net Income | -123M | 1.9% |
EBITDA | -122M | 2% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 1.4B | 4.6% |
Total Liabilities | 215M | 5.1% |
Total Equity | 1.18B | 6.2% |
Shares Outstanding | 501M | 1% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | -65M | 12.4% |
Cash from investing | 65M | 38.7% |
Cash from financing | 3.9M | 214.3% |
EPS
Financial Highlights for QuantumScape in Q2 '24
Gross Profit stood at -38M, marking a 23% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 37M, a -23.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 134M, showing a 1.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -123M, showing a -1.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -122M, showing a -2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
QuantumScape faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.