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QMCOQuantum Corporation
$10.13$147M
Overview & Verdict
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QMCO logoQuantum Corporation(QMCO)Earnings, Financials & Key Ratios

QMCO•NASDAQ
$10.13
Price updated Jul 7, 2026
SectorTechnologyIndustryComputer HardwareSub-IndustryData Center Compute and Storage
AboutQuantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers CatDV, an asset management and workflow orchestration platform that provides asset management, automation, and collaboration tools for organization that manages large volumes of digital media; StorNext software systems that enable high-speed ingest, editing, processing, and management of digital video and image datasets; and Scalar tape systems that provide long-term data storage facility to archive and preserve digital content for decades. It also provides DXi backup appliances for backup storage and multi-site disaster recovery; portfolio of products designed for the capture and analysis of video surveillance and security, including video recording servers, as well as hyperconverged storage systems for video surveillance management and recording; and appliances designed for video surveillance analytics and to run various types of access control systems. In addition, the company offers managed services, customer support agreements, software subscriptions, installation, and consulting and training services; and object storage systems for online content repositories, such as media archives, genome sequencing data repositories, and big data lakes. Further, it sells linear tape-open (LTO) tape cartridges, as well as standalone LTO tape drives for small business and desktop use. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.Show more
  • Revenue$280M+2.0%
  • EBITDA-$25M+32.1%
  • Net Income-$101M+12.2%
  • EPS (Diluted)-7.97+64.3%
  • Gross Margin36.86%-8.0%
  • EBITDA Margin-8.77%+33.4%
  • Operating Margin-8.77%+42.4%
  • Net Margin-36.14%+13.9%

QMCO Price & Volume

Quantum Corporation (QMCO) stock price & volume — 10-year historical chart

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Persistent Operational Losses Challenge Quantum's Financial Viability

Investment Thesis • Updated 2026Q4

VerdictNegative: The company's inability to generate positive free cash flow
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Liquidity and solvency pressure

Key Thesis Takeaways

  • Quantum Corporation faces a precarious fundamental outlook characterized by extreme revenue volatility and a persistent inability to achieve operating leverage, as evidenced by SG&A expenses frequently consuming all gross profit.
  • While the company achieved a 30.7% revenue growth rate in 2026Q4, the structural erosion of its equity base to a negative $198.9 million suggests significant long-term solvency risks.
  • Investors should remain cautious as the firm's reliance on lumpy hardware deployments and thin liquidity buffers, highlighted by a current ratio of 0.55, may necessitate further dilutive financing to sustain operations.

Verdict Logic

evidenced by a -1.5% FCF margin in 2026Q4, combined with a negative equity position of $198.9 million, presents an unacceptable level of risk for institutional capital.

QMCO Growth Metrics

Quantum Corporation (QMCO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-5.18%
5 Years-4.37%
3 Years-12.83%
TTM2.02%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM12.2%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM66.27%

Return on Capital

10 Years399.15%
5 Years-25.98%
3 Years-
Last Year-

QMCO Recent Earnings

Quantum Corporation (QMCO) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 4/12 qtrs (33%)
Q3 2026Latest
Jun 15, 2026
Metric
Actual
Est
EPS
$0.21+32.3%
$0.31
Rev
$78M+7.2%
$73M
Q1 2026
Feb 17, 2026
Metric
Actual
Est
EPS
$0.36+14.3%
$0.42
Rev
$75M+2.6%
$73M
Q4 2025
Nov 13, 2025
Metric
Actual
Est
EPS
$0.54-116.0%
$0.25
Rev
$63M-4.8%
$66M
Q4 2025
Sep 12, 2025
Metric
Actual
Est
EPS
$2.00+706.1%
$0.33
Rev
$64M+6.3%
$61M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026LatestJun 15, 2026
$0.21vs $0.31+32.3%
$78Mvs $73M+7.2%
Q1 2026Feb 17, 2026
$0.36vs $0.42+14.3%
$75Mvs $73M+2.6%
Q4 2025Nov 13, 2025
$0.54vs $0.25-116.0%
$63Mvs $66M-4.8%
Q4 2025Sep 12, 2025
$2.00vs $0.33+706.1%
$64Mvs $61M+6.3%
Based on last 12 quarters of dataView full earnings history →

Latest QMCO News

Recent stock market news and headlines for Quantum Corporation (QMCO)

GlobeNewsWire·6 days ago
Pasqal and Aeponyx Launch a PIC Packaging Center of Competency for Sensing and Quantum Applications at C2MI

BROMONT, Quebec, July 02, 2026 (GLOBE NEWSWIRE) -- Pasqal, through its Canadian subsidiary Aeponyx, today announced the creation of a specialized center of competency focused on assembling and packaging key components used in quantum and advanced sensing technologies in Canada. The Center of Competency in Photonic Integrated Circuit (PIC) Packaging for quantum and sensing applications will be based at C2MI in Bromont, Quebec.

GlobeNewsWire·6 days ago
Quantum Cyber Introduces PHANTOM-950 Long-Range Autonomous UAS Platform in Development

WEST PALM BEACH, Florida, July 02, 2026 (GLOBE NEWSWIRE) -- Quantum Cyber N.V. (Nasdaq: QUCY) (“Quantum Cyber” or the “Company”), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, today introduced the PHANTOM-950, a long-range autonomous unmanned aerial system (“UAS”) platform the Company is developing as a modular design intended to support government and defense customers across logistics, surveillance, communications relay, electronic warfare, humanitarian support, and other mission-specific applications.

PRNewsWire·6 days ago
QPerfect Powers the Commercial Launch of SDT's QuREKA™ Quantum Cloud at Quantum Korea 2026

MIMIQ™, the quantum emulator developed by QPerfect, which BTQ has received FDI approval to fully acquire, anchors the commercial debut of SDT's full-stack QuREKA platform as SDT showcases its quantum portfolio and global partner ecosystem at DDP Seoul, July 2 to 4 VANCOUVER, BC, July 2, 2026 /PRNewswire/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (Cboe CA: BTQ), a quantum technology company building the trust and compute infrastructure for the quantum era, today announced that the commercial version of QuREKA™, the hybrid quantum cloud platform operated by its strategic partner SDT Inc. ("SDT"), will be unveiled at Quantum Korea 2026, taking place July 2 to 4 at the Dongdaemun Design Plaza (DDP) in Seoul. At the core of the commercial platform is MIMIQ™, the high-performance quantum emulator developed by QPerfect SAS ("QPerfect"), the French quantum software company that is expected to become a wholly-owned subsidiary of BTQ following the completion of the Company's previously announced acquisition, which remains subject to customary closing conditions.

GlobeNewsWire·6 days ago
Quantum X Labs Demonstrates First All-Optical HRG Architecture for Advanced Inertial Sensing

Tel Aviv, Israel, July 01, 2026 (GLOBE NEWSWIRE) -- Quantum X Labs Inc. (Nasdaq: QXL) has demonstrated its first fully all-optical HRG, marking a step toward electrically isolated, high-performance inertial sensing systems for next-generation navigation applications. Quantum X Labs Inc. (Nasdaq: QXL), an advanced quantum technologies company, has successfully demonstrated its first fully all-optical Hemispherical Resonator Gyroscope (HRG) in its laboratory.

24/7 Wall Street·Jul 1, 2026
Quantum Computing's Cash Crisis: Which Players Can Actually Survive the Long Game?

Quantum computing is the ultimate long-duration bet. The physics works, commercial revenue is thin, and every pure-play player is burning cash toward a payoff years away.

Peers Comparison

Key metrics vs top competitors for Quantum Corporation (QMCO)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
QMCO logoQMCOQuantum CorporationCurrent
$10.13$146.85M-1.272.02%-36.14%——
NTAP logoNTAPNetApp, Inc.
$165.78$32.83B26.075.37%18.43%114.18%—
PSTG logoPSTGEverpure, Inc
$86.22$28.49B183.45—5.89%17.22%—
SMCI logoSMCISuper Micro Computer, Inc.
$26.25$15.72B15.6346.59%5.29%26.01%—
SCSC logoSCSCScanSource, Inc.
$51.53$1.05B17.18-6.72%2.38%8.07%—
STX logoSTXSeagate Technology Holdings plc
$915.19$199.58B135.1838.86%21.6%916.38%—

Compare QMCO vs Peers

Quantum Corporation (QMCO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NTAP

Most directly comparable listed peer for QMCO.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare QMCO against a more recognizable public peer.

Peer Set

Compare Top 5

vs NTAP, PSTG, SMCI, SCSC

QMCO SEC Filings & Documents

Quantum Corporation (QMCO) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jun 25, 2026·SEC

Material company update

Jun 5, 2026·SEC

Material company update

Jun 2, 2026·SEC

10-K Annual Reports

3
FY 2026

Jun 25, 2026·SEC

FY 2025

Aug 26, 2025·SEC

FY 2024

Jun 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Feb 17, 2026·SEC

FY 2025

Nov 13, 2025·SEC

FY 2025

Sep 11, 2025·SEC

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QMCO Frequently Asked Questions

Quantum Corporation (QMCO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Quantum Corporation's revenue?

Quantum Corporation (QMCO) reported $279.6M in revenue for fiscal year 2026. This represents a 95% decrease from $5.32B in 1997.

How fast is Quantum Corporation growing?

Quantum Corporation (QMCO) grew revenue by 2.0% over the past year. Growth has been modest.

Is QMCO profitable?

Quantum Corporation (QMCO) reported a net loss of $101.0M for fiscal year 2026.

Dividend & Returns
What is Quantum Corporation's free cash flow?

Quantum Corporation (QMCO) had negative free cash flow of $39.6M in fiscal year 2026, likely due to heavy capital investments.

What if you invested $1,000 in QMCO back in 1997?

Total return calculator · dividends reinvested · 29+ years of data

See returns →