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Quantum
(NASDAQ:QMCO)
Quantum (QMCO) vs. SPDR S&P 500 ETF (SPY)
Quantum Business Overview & Revenue Model
Quantum Earnings Call Summary
Quantum Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 259.25M | 274.06M | 311.60M | 422.08M | 383.43M | 349.58M |
| Gross Profit | 100.69M | 109.83M | 124.89M | 143.26M | 157.64M | 150.75M |
| EBITDA | -113.27M | -85.06M | -16.17M | 4.25M | 61.00M | -2.00M |
| Net Income | -144.41M | -115.09M | -41.29M | -18.37M | 38.35M | -35.46M |
Balance Sheet | ||||||
| Total Assets | 137.70M | 155.40M | 187.62M | 213.66M | 201.63M | 194.92M |
| Cash, Cash Equivalents and Short-Term Investments | 14.67M | 16.46M | 25.69M | 25.96M | 5.21M | 28.14M |
| Total Debt | 108.24M | 132.88M | 119.98M | 99.64M | 123.18M | 103.33M |
| Total Liabilities | 298.20M | 319.77M | 309.11M | 298.03M | 345.37M | 307.17M |
| Stockholders Equity | -160.50M | -164.37M | -121.50M | -84.37M | -143.74M | -112.25M |
Cash Flow | ||||||
| Free Cash Flow | -42.23M | -28.56M | -16.02M | -17.48M | -40.04M | -7.70M |
| Operating Cash Flow | -38.91M | -23.61M | -10.16M | -4.89M | -33.73M | -767.00K |
| Investing Cash Flow | -3.33M | -4.95M | -5.87M | -15.60M | -14.12M | -9.59M |
| Financing Cash Flow | 40.57M | 19.31M | 15.71M | 41.16M | 20.16M | 31.33M |
Quantum Technical Analysis
Quantum Risk Analysis
Quantum Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $54.70B | 23.33 | 31.48% | 0.21% | -16.35% | 316.56% | |
76 Outperform | $22.94B | 20.16 | 125.35% | 1.81% | 2.64% | 4.12% | |
71 Outperform | $29.10B | 217.46 | 9.27% | ― | 13.18% | -0.92% | |
66 Neutral | $57.68B | 34.67 | ― | 1.11% | 31.56% | 106.00% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | $24.47B | 154.80 | ― | 3.64% | 10.88% | 51.13% | |
44 Neutral | $105.93M | ― | ― | ― | -9.11% | -61.28% |
Quantum Corporate Events
Quantum Corporation, a leader in data management solutions for the AI era, provides comprehensive and cost-efficient solutions for industries such as life sciences, government, and media. In its fiscal second quarter of 2026, Quantum reported revenues of $62.7 million, hitting the high end of its guidance range. The company also noted a reduction in non-GAAP operating expenses by over $5 million year-over-year, achieving a positive non-GAAP adjusted EBITDA of $0.5 million. Despite a GAAP net loss of $46.5 million, Quantum’s efforts in restructuring and sales organization refreshment are beginning to show positive traction. Quantum’s strategic initiatives, including a proposed debt exchange transaction, aim to enhance long-term financial stability. Looking ahead, the company is optimistic about achieving expanded EBITDA and positive cash flow, supported by its new sales leadership and go-to-market strategy.
Quantum Corporation has set December 16, 2025, as the date for its 2025 annual meeting of stockholders. Stockholders wishing to present proposals not included in the proxy statement must adhere to specific deadlines and comply with the company’s bylaws and relevant regulations. The announcement highlights the importance of timely submissions and compliance with Securities and Exchange Commission rules for proposals to be considered for inclusion in the meeting’s proxy materials.
The most recent analyst rating on (QMCO) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Quantum stock, see the QMCO Stock Forecast page.
On September 23, 2025, Quantum Corporation announced a definitive agreement to restructure its outstanding term debt with Dialectic Technology SPV LLC and other lenders. This transaction involves exchanging approximately $52 million of Dialectic’s term debt for senior secured convertible notes, eliminating existing financial covenants, and allowing Quantum to retain additional funds for working capital. The restructuring aims to enhance Quantum’s financial flexibility, support its strategic vision, and align Dialectic as a future strategic partner. The transaction is seen as a significant step towards Quantum’s goal of becoming debt-free and is expected to positively impact its operational and financial transformation.
The most recent analyst rating on (QMCO) stock is a Hold with a $11.50 price target. To see the full list of analyst forecasts on Quantum stock, see the QMCO Stock Forecast page.
On September 12, 2025, Quantum Corporation received confirmation from the Nasdaq Stock Market that it has regained compliance with the periodic filing requirement as per Nasdaq Listing Rule 5250(c)(1). This resolution indicates that the company has addressed previous compliance issues, potentially stabilizing its market position and reassuring stakeholders.
The most recent analyst rating on (QMCO) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Quantum stock, see the QMCO Stock Forecast page.
In the latest earnings call, Quantum Corp presented a mixed sentiment. While the company is making strides with leadership changes and product innovations, the financial performance remains a concern. The decline in revenue, decreased gross margin, and increased net loss overshadow the positives. However, the reduction in debt is a promising sign amidst these challenges, indicating a tough operating environment.
Quantum Corporation, a leader in data management solutions for the AI era, offers comprehensive and cost-efficient solutions for industries like life sciences, government, and media. In its fiscal first quarter of 2026, Quantum reported a decline in revenue to $64.3 million from $72.3 million the previous year, alongside a net loss of $17.2 million. Despite these setbacks, the company has taken strategic steps to improve its financial health, including raising $83 million through a standby equity purchase agreement and reducing operating expenses. Key financial metrics showed a decrease in gross profit margin to 35.3% and an adjusted EBITDA of negative $6.5 million. Looking forward, Quantum’s management is optimistic about future performance improvements, expecting better bottom-line results in the upcoming quarters due to strategic leadership changes and a focus on debt reduction.
Quantum Corp has consistently opted not to distribute dividends on its capital stock, choosing instead to reinvest earnings into business growth. This strategy indicates that any potential returns for investors will primarily rely on stock price appreciation rather than dividend income. The decision to pay dividends in the future remains at the discretion of the Board of Directors, contingent upon various factors including financial health and market conditions. Consequently, investors seeking immediate income might find the company’s stock less attractive compared to those focusing on long-term capital gains.
On August 26, 2025, Quantum Corporation announced the filing of its Annual Report on Form 10-K for the fiscal year ended March 31, 2025, which includes a review of certain revenue contracts. The company also disclosed a delay in filing its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, due to additional time needed for financial statement review. As a result, Quantum received a notice from Nasdaq on August 21, 2025, for non-compliance with listing rules, but this has no immediate impact on its stock listing. The company is working to file the Form 10-Q by September 15, 2025, to regain compliance.
The most recent analyst rating on (QMCO) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on Quantum stock, see the QMCO Stock Forecast page.
Quantum Corporation announced the termination of its Revolving Credit Agreement with PNC Bank and settled all outstanding obligations, including an early termination fee of $1.2 million, on August 14, 2025. Additionally, the company is undergoing leadership changes as Lewis W. Moorehead, the Chief Financial Officer, resigned effective August 18, 2025, with Laura A. Nash stepping in as the Principal Financial Officer. The company is also finalizing a restatement of its financial statements for the fiscal third quarter ended December 31, 2024, expecting a $3.9 million decrease in revenue and net loss, aligning with previous disclosures.
The most recent analyst rating on (QMCO) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Quantum stock, see the QMCO Stock Forecast page.
Quantum Corporation has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The primary reason for the delay is the additional time required to finalize and review the company’s financial statements, both quarterly and annual, which could not be completed without unreasonable effort or expense. The company anticipates that the report will be filed within five calendar days following the original due date of August 14, 2025. There are no expected significant changes in financial results from the previous year. Quantum Corporation continues to work on compliance efforts, with the notification signed by Chief Accounting Officer Laura A. Nash.
The most recent analyst rating on (QMCO) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Quantum stock, see the QMCO Stock Forecast page.