Company / Interest Expense
QuantumScape Corp Interest Expense History
FY2019-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$2.4M
FY2023
5-year range
$1.4M / $2.4M
FY2019-FY2023
Trend
-0.9%
vs FY2022
Sector context
#93 of 105
Industrials
What the data says
QuantumScape Corp's interest expense of $2M is lower than 89% of companies in the Industrials sector (FY2023). Interest Expense has fluctuated over the past 5 years, ranging from $94,000 in FY2019 to $21M in FY2020.
Based on SEC 10-K filings.
$2M in FY2023 with a 3-year CAGR of -51.4%.
Increased from $1M to $2M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -51.4%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 11% in IndustrialsTop 11% of 105This company $2.4M Sector average $112.7M
▼
-97.9% below sector average
Key checks
Key Insights
- 3-year CAGR of -51.4%, indicating a declining trend.
- In FY2023, interest expense decreased 0.9% year-over-year.
- Ranks #93 out of 105 companies in the Industrials sector.
- Peak interest expense was recorded in FY2020.
Company context
Key Data Points
- Altman Z-Score 2.91 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $2.4M | -0.9% |
| FY2022 | $2.4M | +69.1% |
| FY2021 | $1.4M | -93.2% |
| FY2020 | $20.8M | +21990.4% |
| FY2019 | $94.0K | - |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026