undamentalytics Newsletter
Sign in

Quantum Corp (QMCO) stock

Add to watchlist

Add holding +

NASDAQ: QMCO Nasdaq Technology Hardware, Storage & Peripherals Next results ~November 9, 2026

C Fundamentals grade

Quantum Corp is a US-listed company in the technology hardware, storage & peripherals industry. Its financial year ends in March.

Stock price today

Loading chart…

Third-party market data · may be delayed

Model estimate per share

~$20

Revenue-to-maturity cash-flow model

Base case. Range ~$16–$25 across our lower- and higher-growth cases (6.300000000000001%–16.3% a year).

Price vs value

No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.

Quantum Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 3 selling0 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds48 adding, 14 cuttingOf 17 active managers that changed their stake, 17 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Quantum files

Where Quantum stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $296m, up 11.3% on a year earlier, faster than the 2.0% growth a quarter earlier. Free-cash-flow margin rose to -7.1% from -16.2% a year earlier. Operating margin widened to -2.3% from -14.1%. The diluted share count is up 154.0% on a year earlier, which dilutes existing holders. It passes 3 of our 5 financial-health checks. Our revenue-to-maturity cash-flow model value is $32.77 a share, against a share price of $20.62.

Source: 10-Q filed August 11, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 9, 2026 (estimated)

Quantum Corp's trailing-twelve-month revenue grew 11.3% year on year, with a free-cash-flow margin of -7.1%. Where it stands out: stock pay as % of revenue of 0.1% ranks 1 of 27 technology hardware, storage & peripherals companies we cover. Where it lags: change in share count of 154.0% ranks 27 of 27 technology hardware, storage & peripherals companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 51.5% while net income fell 112.8%: a 164pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Growth speeding up. The growth rate is 9.3 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 11.8 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.1bn.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 1427.3% over 90 days.

Things to watch

  • Loss-making. Operating margin is -2.3%: costs exceed revenue.
  • Burning cash. Free cash flow was -7.1% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 154.0% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 118% and a beta of 3.5 against the S&P 500.
  • Below peers: days sales outstanding. Days sales outstanding of 82 days ranks 19 of 23 technology hardware, storage & peripherals companies we cover (median 54 days).
  • Heavily shorted. 58.6% of the shares available to trade are sold short (1.5 days of average volume to cover).

Latest results: FY2027 Q1

Filed August 11, 2026
Earnings per share
$0.18 against an average estimate of -$0.17: beat by 205.9%
Revenue
$81m, up 25.7% on a year earlier
Share reaction
+61.1% in the first session after the results on August 10, 2026, against -0.3% for the S&P 500
Next report
November 9, 2026; average EPS estimate $0.13

Quantum's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-8.4%
  • 1 week-10.5%
  • 1 month-51.5%
  • This year+159.4%
  • 1 year+77.2%
  • 5 years-86.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$296M
Operating margin
-2.3%
Net margin
-80.8%
EPS (TTM, diluted)
$-15.06

Growth

Revenue growth
+11.3%
Change in growth rate
+9.3 pts
Share count change
+154.0%

Cash

Free cash flow (TTM)
-$20.9M
FCF margin
-7.1%
Stock pay % of revenue
0.1%

Earnings

Last results
August 10, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Leadership
  3. Shareholder vote
  4. Leadership
  5. Leadership
  6. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Quantum Corp valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 1 valuation models apply; a rating needs 3.

Valuation models

We value Quantum Corp as an operating company, with every model that fits that kind of business. Cost of equity 13.3%: the 10-year Treasury yield (4.9%) plus a beta of 1.85 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$20 ~$16–$25 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: book value or earnings not available
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$2.3 ~$3.9–$22 Left out: out of range vs price (0.14x)
Combined value Weighted average of the models that apply: the primary model (revenue-to-maturity model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$20 ~$16–$25 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Quantum Corp with Technology Hardware, Storage & Peripherals in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026Now
Share price$97.60$139.20$72.80$47.60$59.00$166.60$45.40$23.00$12.00$14.38$4.75$16.73
Market value$160m$235m$126m$85m$111m$357m$150m$105m$57m$74m$60m$266m
+ Net debt (− = net cash)$35m$54m$113m$154m$155m$63m$102m$57m$83m$107m$129m−$54m
Enterprise value$195m$289m$239m$238m$266m$420m$252m$162m$140m$181m$189m$211m
Multiples
Price / sales 0.3x0.5x0.3x0.2x0.3x1.0x0.4x0.2x0.2x0.3x0.2x0.9x
Price / earnings ——————3.9x—————
Price / free cash flow —37.0x——————————
EV / EBITDA —23.4x——10.4x29.8x40.7x—————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

50 /100

Moderate moat

How hard Quantum's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 18.2% of total assets over 10 years.

  • Pricing power 14 / 20

    Gross margin has been a median 40.4%, moving by 2.4 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median -2.3%; its worst year was -14.1%.

  • Cash conversion 1 / 20

    Free cash flow was positive in 1 of 10 years, at a median -3.2% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 789.3% over five years; stock-based pay has been a median 1.3% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (55 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 9, 2026, after the close. Analysts expect revenue of $82m and EPS of $0.13 (range $0.12 to $0.13) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.47 +117% $336m +20%
Next $0.84 +81% $389m +16%

Next year's EPS estimate has moved +1427.3% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −240.9% on 90 days ago. In the last 30 days, 0 analysts raised Quantum Corp's forecast and 0 cut it.

Consensus EPS forecast Quantum Corp, last 90 days
−$0.50 $0.00 $0.50 $1.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.33 Current fiscal year, 60 days ago: $0.47 Current fiscal year, 30 days ago: $0.47 Current fiscal year, 7 days ago: $0.47 Current fiscal year, Now: $0.47 $0.47 Next fiscal year, 90 days ago: $0.06 Next fiscal year, 60 days ago: $0.84 Next fiscal year, 30 days ago: $0.84 Next fiscal year, 7 days ago: $0.84 Next fiscal year, Now: $0.84 $0.84

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.33$0.06
60 days ago $0.47$0.84
30 days ago $0.47$0.84
7 days ago $0.47$0.84
Now $0.47$0.84

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.17 $0.18 +205.9%
Mar 2026 −$0.30 −$0.21 +31.1%
Dec 2025 −$0.45 −$0.36 +20.0%
Sept 2025 −$0.28 −$0.54 −92.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

3 analysts, Oct 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202633
  2. Sep 202622
  3. Aug 202622
  4. Jul 2026112

Counts of recommendations published by analysts covering Quantum Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
58.6%
of tradable shares
Days to cover
1.49
at average volume
Short interest, 1 month
+50%
to October 15, 2026
Held by institutions
36%
of shares
Held by insiders
37.9%
of shares
Employees
490
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
QMCO−10%−80%−68%+670%−88%+159%
Industry peers (median)+35%−35%+33%+12%+6%+4%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
QMCO50%25%33%58%25%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
QMCO−48%−82%−87%−84%−88%−52%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 3, 2015: 99% from March 17, 2021 to September 6, 2024. Getting back needed a 7430% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$4.31 – $34.50
From 52-week high
−51.5%
vs 50-day average
−32.0%
vs 200-day average
+27.4%
Volatility (1 year)
118%
Beta vs S&P 500
3.54

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±15.0%
After a week
4 up, 8 down
typical move ±18.2%
After a month
4 up, 8 down
typical move ±24.4%
Results releasedNext dayS&P 500 next day5 days21 days
August 10, 2026 +61.1% −0.3% +107.0% +101.3%
June 25, 2026 −13.2% −0.6% −24.3% −18.3%
June 2, 2026 +52.0% −0.6% +24.4% −3.1%
February 17, 2026 −5.4% +0.7% −6.7% −8.3%
January 15, 2026 +5.3% +0.2% −6.3% −25.1%
November 13, 2025 +2.2% −1.7% −5.1% +0.4%
October 28, 2025 −5.0% +0.3% −16.3% −26.2%
September 10, 2025 −10.9% +1.1% +4.5% +56.9%
August 18, 2025 −9.5% −0.6% +3.0% +10.6%
June 3, 2025 +1.7% +0.5% −9.6% −22.8%
May 6, 2025 −1.6% −0.4% −3.3% −6.3%
February 12, 2025 +11.7% +0.7% −7.9% −13.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Quantum Corp in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Quantum Corp
$250M $300M $350M $400M FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Revenue (TTM), FY24 Q2: $390.9M Revenue (TTM), FY24 Q3: $349.3M Revenue (TTM), FY24 Q4: $311.6M Revenue (TTM), FY25 Q1: $291.4M Revenue (TTM), FY25 Q2: $287.5M Revenue (TTM), FY25 Q3: $284.3M Revenue (TTM), FY25 Q4: $274.1M Revenue (TTM), FY26 Q1: $266.1M Revenue (TTM), FY26 Q2: $256.9M Revenue (TTM), FY26 Q3: $262.8M Revenue (TTM), FY26 Q4: $279.6M Revenue (TTM), FY27 Q1: $296.1M $296.1M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY24 Q2 $390.9M
FY24 Q3 $349.3M
FY24 Q4 $311.6M
FY25 Q1 $291.4M
FY25 Q2 $287.5M
FY25 Q3 $284.3M
FY25 Q4 $274.1M
FY26 Q1 $266.1M
FY26 Q2 $256.9M
FY26 Q3 $262.8M
FY26 Q4 $279.6M
FY27 Q1 $296.1M
Revenue growth, TTM YoY Quantum Corp
-40% -20% 0% 20% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Revenue growth, TTM YoY, FY24 Q2: 0.2% Revenue growth, TTM YoY, FY24 Q3: -14.4% Revenue growth, TTM YoY, FY24 Q4: -26.2% Revenue growth, TTM YoY, FY25 Q1: -29.9% Revenue growth, TTM YoY, FY25 Q2: -26.4% Revenue growth, TTM YoY, FY25 Q3: -18.6% Revenue growth, TTM YoY, FY25 Q4: -12.0% Revenue growth, TTM YoY, FY26 Q1: -8.7% Revenue growth, TTM YoY, FY26 Q2: -10.6% Revenue growth, TTM YoY, FY26 Q3: -7.5% Revenue growth, TTM YoY, FY26 Q4: 2.0% Revenue growth, TTM YoY, FY27 Q1: 11.3% 11.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q2 0.2%
FY24 Q3 -14.4%
FY24 Q4 -26.2%
FY25 Q1 -29.9%
FY25 Q2 -26.4%
FY25 Q3 -18.6%
FY25 Q4 -12.0%
FY26 Q1 -8.7%
FY26 Q2 -10.6%
FY26 Q3 -7.5%
FY26 Q4 2.0%
FY27 Q1 11.3%
Operating margin (TTM) Quantum Corp
-20% -15% -10% -5% 0% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Operating margin (TTM), FY24 Q2: -2.7% Operating margin (TTM), FY24 Q3: -5.9% Operating margin (TTM), FY24 Q4: -9.3% Operating margin (TTM), FY25 Q1: -13.9% Operating margin (TTM), FY25 Q2: -14.7% Operating margin (TTM), FY25 Q3: -15.4% Operating margin (TTM), FY25 Q4: -15.2% Operating margin (TTM), FY26 Q1: -14.1% Operating margin (TTM), FY26 Q2: -15.6% Operating margin (TTM), FY26 Q3: -12.8% Operating margin (TTM), FY26 Q4: -8.8% Operating margin (TTM), FY27 Q1: -2.3% -2.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q2 -2.7%
FY24 Q3 -5.9%
FY24 Q4 -9.3%
FY25 Q1 -13.9%
FY25 Q2 -14.7%
FY25 Q3 -15.4%
FY25 Q4 -15.2%
FY26 Q1 -14.1%
FY26 Q2 -15.6%
FY26 Q3 -12.8%
FY26 Q4 -8.8%
FY27 Q1 -2.3%
FCF margin (TTM) Quantum Corp
-20% -15% -10% -5% 0% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 FCF margin (TTM), FY24 Q2: -1.8% FCF margin (TTM), FY24 Q3: -3.7% FCF margin (TTM), FY24 Q4: -5.1% FCF margin (TTM), FY25 Q1: -2.7% FCF margin (TTM), FY25 Q2: -7.4% FCF margin (TTM), FY25 Q3: -5.3% FCF margin (TTM), FY25 Q4: -10.4% FCF margin (TTM), FY26 Q1: -16.2% FCF margin (TTM), FY26 Q2: -16.4% FCF margin (TTM), FY26 Q3: -16.1% FCF margin (TTM), FY26 Q4: -14.2% FCF margin (TTM), FY27 Q1: -7.1% -7.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q2 -1.8%
FY24 Q3 -3.7%
FY24 Q4 -5.1%
FY25 Q1 -2.7%
FY25 Q2 -7.4%
FY25 Q3 -5.3%
FY25 Q4 -10.4%
FY26 Q1 -16.2%
FY26 Q2 -16.4%
FY26 Q3 -16.1%
FY26 Q4 -14.2%
FY27 Q1 -7.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Mar 2010 2011 Mar 2011 2012 Mar 2012 2013 Mar 2013 2014 Mar 2014 2015 Mar 2015 2016 Mar 2016 2017 Mar 2017 2018 Mar 2018 2019 Mar 2019 2020 Mar 2020 2021 Mar 2021 2022 Mar 2022 2023 Mar 2023 2024 Mar 2024 2025 Mar 2025 2026 Mar 2026 LTM Jun 2026
Income
Revenue 681 672 652 587 553 553 476 493 438 403 403 350 373 422 312 274 280 296
Gross profit 280 283 273 241 240 245 203 205 173 168 173 151 158 143 125 110 103 112
EBITDA 41 36 17 −30 −1 23 −61 12 −24 −0 25 14 6 −7 −20 −36 −19 −1
Operating income 29 25 5 −42 −12 15 −68 7 −29 −5 21 8 −3 −17 −29 −42 −25 −7
Net income 17 5 −9 −52 −21 17 −76 −2 −43 −43 −5 −35 38 −18 −41 −115 −101 −239
Diluted EPS $3.20 $3.20 −$6.40 −$1.76 −$0.72 $10.60 −$46.60 −$1.40 −$25.00 −$24.00 −$0.14 −$0.83 −$6.40 −$5.60 −$8.68 −$22.35 −$7.97 −$15.06
Growth (year on year)
Revenue — −1.3% −3.0% −9.9% −5.8% −0.0% −13.9% +3.6% −11.2% −8.0% +0.1% −13.2% +6.7% +13.2% −26.2% −12.0% +2.0% +11.3%
EBITDA — −12.2% −54.6% −281.9% — — −366.9% — −292.0% — — −44.7% −56.1% — — — — —
Operating income — −15.7% −80.8% — — — −560.7% — — — — −60.4% −138.5% — — — — —
Net income — −72.7% — — — — −547.2% — — — — — — −147.9% — — — —
Diluted EPS — 0.0% — — — — −539.6% — — — — — — — — — — —
Margins
Gross margin 41.1% 42.1% 41.9% 41.0% 43.3% 44.3% 42.7% 41.6% 39.5% 41.6% 42.8% 43.1% 42.3% 33.9% 40.1% 40.1% 36.9% 37.8%
EBITDA margin 6.1% 5.4% 2.5% −5.1% −0.2% 4.2% −12.9% 2.5% −5.4% −0.1% 6.3% 4.0% 1.7% −1.6% −6.3% −13.2% −6.9% −0.5%
Operating margin 4.3% 3.7% 0.7% −7.2% −2.1% 2.7% −14.2% 1.4% −6.5% −1.2% 5.3% 2.4% −0.9% −4.0% −9.3% −15.2% −8.8% −2.3%
Net margin 2.4% 0.7% −1.4% −8.9% −3.9% 3.1% −16.1% −0.5% −9.9% −10.6% −1.3% −10.1% 10.3% −4.4% −13.2% −42.0% −36.1% −80.8%
Free-cash-flow margin 13.4% 5.9% 5.3% −0.4% 5.3% 0.5% −3.2% 1.3% −1.7% −4.9% −0.9% −2.2% −10.7% −4.1% −5.1% −10.4% −14.2% −7.1%
Cash flow
Cash from operations 100 52 46 8 35 6 −12 9 −5 −17 −1 −1 −34 −5 −10 −24 −38 −20
Capital spending 9 12 11 10 6 3 3 2 3 3 3 7 6 13 6 5 2 1
Free cash flow 92 40 34 −2 30 3 −15 6 −8 −20 −4 −8 −40 −17 −16 −29 −40 −21
Stock-based pay 10 10 14 15 13 12 9 7 5 3 7 10 14 11 5 3 −1 0
Free cash flow after stock pay 82 30 21 −18 16 −9 −24 −0 −13 −23 −11 −17 −54 −28 −21 −31 −39 −21
Balance sheet
Cash 115 76 51 69 99 68 34 13 11 11 6 27 5 26 26 16 16 54
Total debt 0 104 184 205 204 154 69 67 124 165 161 91 107 83 109 123 145 0
Net debt (negative = net cash) −115 28 133 136 105 86 35 54 113 154 155 63 102 57 83 107 129 −54
Diluted shares 1m 1m 1m 1m 2m 2m 2m 2m 2m 2m 2m 2m 3m 5m 5m 5m 13m 16m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 5 checks passed · June 30, 2026
What it owns · $192m
Short-term assets $149mLonger-term assets $43m
What it owes, and who funded it · $220m
Short-term liabilities $160mLonger-term liabilities $60mShareholders' equity $-28m
  • Short-term assets cover short-term liabilities $149m of assets due within a year against $160m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $149m short-term assets against $60m of longer-dated liabilities.
  • More cash than debt $54m of cash against $0 of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt No debt to cover.
  • Operating profit covers interest at least five times over Operating income of −$7m against $17m of interest.

From Quantum Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+154.0%
year over year
R&D spending
7.7%
of revenue
Days sales outstanding
82 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in technology hardware, storage & peripherals
Last 12 months unless stated QMCO IONQ MYND SSYS KODK CRSR Median
Revenue, last 12 months $296m $246m $168m $551m $1.1bn $1.5bn $3.9bn
Revenue growth, last 12 months 11.3% 370.6% −37.2% −3.7% 9.5% 3.1% 11.3%
Revenue growth, 3-year average −10.7% 169.7% — 4.4% −0.9% 1.5% 2.7%
Revenue growth, latest quarter 25.7% 286.8% — — 18.3% −1.8% 22.0%
Gross margin 37.8% — 21.0% 41.2% 24.1% 31.6% 34.7%
Operating margin −2.3% −408.2% −29.8% −13.2% 2.8% 2.9% 4.1%
Operating margin, 3-year average −10.1% −581.6% −6.9% −10.3% −0.2% −0.4% 4.2%
Net margin −80.8% −553.3% −32.2% −18.9% −8.3% 2.5% 2.0%
Cash from operations / revenue −6.8% −183.5% −27.1% 2.7% 42.7% 7.3% 6.3%
Free-cash-flow margin −7.1% −196.3% −27.2% −2.2% 40.9% 6.2% 3.0%
Free-cash-flow margin, 3-year average −8.7% −290.1% −7.6% 1.7% 9.7% 4.6% 4.7%
Stock pay / revenue 0.1% 184.4% 1.7% 4.4% 1.4% 1.9% 1.9%
Change in share count 154.0% 51.4% 0.1% 15.2% 11.5% 2.3% 1.4%

Median of all 27 companies we cover in technology hardware, storage & peripherals. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

27 technology hardware, storage & peripherals companies
Measure Company Peer median Rank
Revenue growth Growth 11.3% 11.3% 14 of 27
Change in growth rate Growth +9.3pp +5.0pp 9 of 27
Gross margin Profitability 37.8% 41.2% 12 of 22
Operating margin Profitability -2.3% 5.3% 17 of 26
Net margin Profitability -80.8% 2.0% 24 of 27
Free-cash-flow margin Cash generation -7.1% 3.6% 18 of 26
Stock pay as % of revenue Cash generation 0.1% 1.9% 1 of 27
Long-term debt as % of assets Balance sheet 0.0% 18.6% 1 of 16
Change in share count Balance sheet 154.0% 1.4% 27 of 27
Days sales outstanding Balance sheet 82 days 54 days 19 of 23

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to March 31, 2026
Products and services
Line of business Revenue YoY
Products $172M ▲ 11.8%
Secondary Storage Systems $101M ▲ 36.7%
Service and Subscriptions $99.2M ▼ 10.3%
Services $86M ▼ 12.7%
Primary Storage Systems $44.3M ▼ 23.9%
Device and Media $40.4M ▲ 17.7%
Subscriptions $13.2M ▲ 9.1%
Royalty $8M ▼ 13.5%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue YoY
Americas $147M ▲ 3.4%
Europe $96.8M ▲ 2.4%
Asia Pacific $27.9M ▼ 1.2%

These categories overlap or exclude eliminations, so shares aren't shown.

From Quantum Corp's 10-K filed June 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$157M
Institutions reporting
59
Shares held vs prior quarter
▲ 792.7%
Positions opened / closed
30 / 8

Top buyers and sellers, Q2 2026: 48 institutions bought and 14 sold ; the biggest buyer was Alyeska Investment Group, L.P (+2.7M shares) and the biggest seller UBS Group AG (−53K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Alyeska Investment Group, L.P. $29.2M 2.7M 18.6% New
Two Seas Capital LP $27.4M 2.5M 17.4% New
Oaktree Capital Management LP $22.1M 2.0M 14.1% New
Neuberger Berman Group LLC $12.8M 1.2M 8.1% New
Portolan Capital Management, LLC $11.2M 1.0M 7.1% New
Ashford Capital Management Inc $10.6M 1.0M 6.7% New
Marshall Wace, LLP $7.8M 713K 5.0% ▲ 1800.1%
Vanguard Capital Management LLC $6.7M 606K 4.2% ▲ 12.3%
Manatuck Hill Partners, LLC $3.9M 350K 2.4% New
Blackrock, Inc. $3M 273K 1.9% ▲ 25.5%
Cinctive Capital Management LP $2M 183K 1.3% New
Bank Of America Corp $1.9M 170K 1.2% ▲ 730.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Quantum Corp's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $84,683 4 trades by 3 insiders · 0% under pre-set plans
Net ▼ $84,683 net selling
Insider Date Trade Shares Price Value
Craythorne Anthony Chief Revenue Officer August 3, 2026 Sell 1,478 $10.73 $15,859
Meyrath Hugues President & CEO July 2, 2026 Sell 6,232 $10.51 $65,498
Nash Laura A. Chief Accounting Officer July 2, 2026 Sell 260 $10.51 $2,733
Nash Laura A. Chief Accounting Officer April 2, 2026 Sell 109 $5.44 $593

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 6 trades and filings

No trades in Quantum Corp disclosed in the last 12 months; 6 earlier trades on record.

  • Debbie Wasserman Schultz(D-FL 23):Purchase, $1,001 - $15,000, traded December 23, 2021, filed December 29, 2021
  • Debbie Wasserman Schultz(D-FL 23):Purchase, $1,001 - $15,000, traded December 23, 2021, filed December 29, 2021
  • Debbie Wasserman Schultz(D-FL 23):Purchase, $1,001 - $15,000, traded December 23, 2021, filed December 29, 2021

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

  • August 10, 2026
  • June 25, 2026
  • June 2, 2026
  • February 17, 2026
  • January 15, 2026
  • November 13, 2025

Recent SEC filings

Data status

When each part of this page on Quantum Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Quantum Corp in brief

What does Quantum Corp do?
Quantum Corp is a US-listed company in the technology hardware, storage & peripherals industry. Its financial year ends in March.
What is Quantum Corp's stock ticker?
Quantum Corp trades under the ticker QMCO on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Quantum Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Quantum Corp reported revenue of $296M, 11.3% higher than a year earlier, according to its SEC filings.
What is Quantum Corp's free cash flow?
Quantum Corp's free-cash-flow margin is -7.1% of revenue over the trailing twelve months, ranking 18 of the 26 technology hardware, storage & peripherals companies we cover.
Who are Quantum Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Alyeska Investment Group, L.P., Two Seas Capital LP and Oaktree Capital Management LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Quantum Corp's market cap?
On November 2, 2026, Quantum Corp's market capitalisation was about $266M and net debt of -$54.4M. Market figures come from third-party market data and may be delayed.
Who are Quantum Corp's competitors?
In our Technology Hardware, Storage & Peripherals peer group, the companies closest to Quantum Corp are IonQ, Inc., Mynd.ai, Inc., Stratasys LTD., Eastman Kodak Co and Corsair Gaming, Inc. The side-by-side comparison below sets their revenue, margins and growth against Quantum Corp's.
Are insiders buying or selling Quantum Corp stock?
Over the last 12 months, Quantum Corp's directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Quantum Corp's next earnings date?
Around November 9, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Quantum Corp announces its own schedule.