Quantum Corporation
9.63-0.42 (-4.18%)
Oct 29, 4:00:00 PM EDT · NasdaqGM · QMCO · USD
Key Stats
Market Cap
128.26MP/E (TTM)
-Basic EPS (TTM)
-20.07Dividend Yield
0%Recent Filings
8-K
Quantum's Q2 revenue hits $62.5M
Quantum Corporation released preliminary fiscal Q2 2026 results on October 28, 2025, showing revenue of approximately $62.5 million at the high end of guidance, GAAP gross margin of 37.5%, and GAAP operating expenses of $32 million. Non-GAAP adjusted operating expenses came in at $25 million, beating the guided range after excluding $0.5 million in stock-based compensation, $3.5 million in restructuring charges, and $3.0 million in non-recurring project costs. Full results are due mid-November. Adjustments could still emerge from the financial close.
8-K
Annual meeting date set
Quantum Corporation set its 2025 annual meeting for December 16, 2025, delayed over 60 days from last year's date. Stockholders must submit director nominations and proposals by October 30, 2025 close of business to comply with bylaws and SEC rules. This extended timeline allows more preparation for governance matters. Deadlines tighten scrutiny on timely filings.
8-K
Regains Nasdaq compliance
Quantum Corporation regained Nasdaq compliance on September 12, 2025, after the listing staff confirmed its adherence to periodic filing rules under Listing Rule 5250(c)(1). This closure ends prior deficiencies, stabilizing the company's stock listing status. Compliance restored. No further actions required.
10-Q
Q1 FY2026 results
Quantum's Q1 FY2026 revenue fell 11% y/y to $64.3M, with product sales down 12% to $37.5M amid softer primary storage demand, yet service and subscription revenue held steady at $24.9M while gross margin slipped to 35.3% from 37.4% due to inventory provisions and tariffs. Operating loss narrowed to $12.6M from $16.8M, aided by 19% cuts in opex to $35.3M, including sharp G&A reductions; diluted EPS improved to $(1.87) on 9.2M shares versus $(4.15) on 4.8M shares last year, with no anti-dilution flagged. Cash climbed to $37.4M after $67M from SEPA equity sales, funding $16.9M operating outflow, while Term Loan debt stands at $104.3M (all current, maturing Aug 2026 at ~14-18% rates) post-revolver termination; free cash flow not disclosed in the 10-Q. Debt covenant pressures loom large.
8-K
Quantum Q1 revenue dips, costs cut
Quantum Corporation reported fiscal first quarter 2026 results on September 10, 2025, with revenue falling to $64.3 million from $72.3 million a year ago, while GAAP gross margin slipped to 35.3%. Operating expenses dropped sharply to $35.3 million, narrowing the GAAP net loss to $17.2 million or $1.87 per share from $19.9 million or $4.15 per share. New CEO Hugues Meyrath is driving cost cuts and sales hires; cash swelled to $37.5 million after $83 million from equity agreement. Q2 guidance eyes $61 million revenue and breakeven adjusted EBITDA. Leadership refresh promises gains, yet debt lingers at $104.3 million.
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