QUANTUM CORP /DE/
Business
Quantum Corp delivers end-to-end data management solutions for unstructured data, including high-performance primary storage software and systems for video editing and surveillance, cost-efficient secondary storage software and systems for data lakes and archives, and backup appliances and tape storage systems. The company offers devices, media, and a comprehensive portfolio of professional services including 24/7 global support, deployment, consulting, and cloud-based AIOps monitoring. Products are distributed through direct sales, OEM relationships, VARs, DMRs, and channel partners to hyperscale, media, government, life sciences, and enterprise customers worldwide.
Summary from 10-K filed 2026-06-25
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Total revenue | 280 | 274 | 312 | 422 | 383 | |
| Total cost of revenue | 177 | 164 | 187 | 279 | 226 | |
| Gross profit | 103 | 110 | 125 | 143 | 158 | |
| Sales and marketing | 52 | 52 | 61 | 66 | 63 | |
| General and administrative | 44 | 64 | 52 | 48 | 45 | |
| Research and development | 24 | 31 | 38 | 45 | 52 | |
| Restructuring charges | 8 | 4 | 3 | 2 | 850,000 | |
| Total operating expenses | 128 | 152 | 154 | 160 | 161 | |
| Loss from operations | −25 | −42 | −29 | −17 | −3 | |
| Other expense, net | −2 | −710,000 | −2 | 2 | −251,000 | |
| Interest expense | −22 | −24 | −15 | −11 | −12 | |
| Change in fair value of warrant liability | 11 | −45 | 5 | 10 | 60 | |
| Change in fair value of convertible note | −4 | 0 | — | — | — | |
| Loss on debt extinguishment, net | −60 | −3 | 0 | −1 | −5 | |
| Loss before income taxes | −100 | −114 | −41 | −16 | 40 | |
| Income tax provision | 1 | 821,000 | 711,000 | 2 | 1 | |
| Net loss | −101 | −115 | −41 | −18 | 38 | |
| Net loss per share attributable to common stockholders - basic (in dollars per share) | −7.97 | −22.35 | −8.68 | −0.2 | 0.65 | |
| Net loss per share attributable to common stockholders - diluted (in dollars per share) | −7.97 | −22.35 | −8.68 | −0.28 | −0.32 | |
| Weighted average shares - basic (in shares) | 13 | 5 | 5 | 90 | 59 | |
| Weighted average shares - diluted (in shares) | 13 | 5 | 5 | 91 | 66 | |
| Change in fair value of convertible note | −8 | 0 | — | — | — | |
| Foreign currency translation adjustments, net | 594,000 | 583,000 | −612,000 | −158,000 | −567,000 | |
| Total comprehensive loss | −109 | −115 | −42 | −19 | 38 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-12-31 | FY 2024 2024-09-30 | FY 2024 2024-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 16 | 16 | 20 | — | 26 | |
| Restricted cash | 662,000 | 139,000 | 222,000 | — | 168,000 | |
| Accounts receivable, net of allowance for credit losses of $3,234 and $99, respectively | 70 | 53 | 61 | — | 68 | |
| Inventories | 16 | 22 | — | — | — | |
| Prepaid expenses | 2 | 3 | 3 | — | 2 | |
| Other current assets | 8 | 9 | 9 | — | 8 | |
| Total current assets | 112 | 103 | 114 | — | 132 | |
| Property and equipment, net | 9 | 11 | 11 | — | 12 | |
| Intangible assets, net | 0 | 281,000 | 509,000 | — | 2 | |
| Goodwill | 13 | 13 | 13 | — | 13 | |
| Right-of-use assets, net | 7 | 9 | 9 | — | 9 | |
| Other long-term assets | 15 | 19 | 21 | — | 20 | |
| Total assets | 157 | 155 | 168 | — | 188 | |
| Accounts payable | 29 | 31 | 35 | — | 26 | |
| Accrued compensation | 12 | 9 | 12 | — | 18 | |
| Deferred revenue, current portion | 76 | 75 | 67 | — | 79 | |
| Accrued restructuring charges | 566,000 | 786,000 | — | — | 0 | |
| Term debt | 55 | 96 | 99 | — | 82 | |
| Revolving credit facility | 0 | 27 | — | — | 27 | |
| Warrant liabilities | 14 | 0 | — | — | — | |
| Other accrued liabilities | 19 | 18 | 19 | — | 14 | |
| Total current liabilities | 206 | 258 | 302 | — | 250 | |
| Deferred revenue, net of current portion | 39 | 39 | 40 | — | 38 | |
| Convertible note | 90 | 0 | — | — | — | |
| Operating lease liabilities | 8 | 9 | 9 | — | 10 | |
| Other long-term liabilities | 13 | 14 | 13 | — | 11 | |
| Total liabilities | 356 | 320 | 365 | — | 309 | |
| Commitments and contingencies (Note 10) | — | — | — | — | — | |
| Preferred stock, 20,000 shares authorized; no shares issued as of March 31, 2026 and 2025, respectively | 0 | 0 | 0 | — | 0 | |
| Common stock, $0.01 par value; 225,000 shares authorized; 14,638 and 6,962 shares issued and outstanding at March 31, 2026 and 2025, respectively | 146,000 | 70,000 | 53,000 | — | 48,000 | |
| Additional paid-in capital | 854 | 780 | 741 | — | 708 | |
| Accumulated deficit | −1,044 | −942 | −935 | — | −827 | |
| Accumulated other comprehensive loss | −9 | −2 | −2 | — | −2 | |
| Total stockholders' deficit | −199 | −164 | −197 | −151 | −121 | |
| Total liabilities and stockholders' deficit | 157 | 155 | 168 | — | 188 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 5 | 6 | 9 | 10 | 9 | |
| Amortization of debt issuance costs | 7 | 5 | 3 | 2 | 2 | |
| Non-cash lease expense | 1 | 2 | 1 | — | — | |
| Paid-in-kind interest | 7 | 5 | 2 | 319,000 | 0 | |
| Provision for manufacturing and service inventories | 5 | 5 | — | — | — | |
| Bad debt expense | 3 | 77,000 | — | — | — | |
| Stock-based compensation | −849,000 | 3 | 5 | 11 | 14 | |
| Warrants issued in connection with debt amendments | 25 | 0 | — | — | — | |
| Non-cash loss on debt extinguishment | 34 | 3 | 0 | 0 | 0 | |
| Other non-cash | −331,000 | 16,000 | 990,000 | −2 | −832,000 | |
| Accounts receivable | −20 | 15 | 5 | −3 | 4 | |
| Inventories | 944,000 | 801,000 | — | — | — | |
| Accounts payable | −793,000 | 6 | −11 | 1 | −2 | |
| Prepaid expenses | 307,000 | −552,000 | 2 | 4 | −4 | |
| Operating lease liabilities | −931,000 | −1 | −2 | — | — | |
| Deferred revenue | 760,000 | −3 | 1 | −12 | −13 | |
| Accrued restructuring charges | −220,000 | 786,000 | 0 | 0 | −580,000 | |
| Accrued compensation | 3 | −9 | 3 | −431,000 | −3 | |
| Other assets | 686,000 | 2 | −2 | −1 | −3 | |
| Other liabilities | 570,000 | 6 | 821,000 | 1 | −3 | |
| Net cash used in operating activities | −38 | −24 | −10 | −5 | −34 | |
| Purchases of property and equipment | −2 | −5 | −6 | −13 | −6 | |
| Net cash used in investing activities | −2 | −5 | −6 | −16 | −14 | |
| Borrowings of long-term debt, net of debt issuance costs | 45 | 25 | 13 | 0 | 95 | |
| Borrowing of convertible note | 55 | 0 | — | — | — | |
| Repayment of long-term debt | 0 | −19 | −6 | −25 | −94 | |
| Repayments of long-term debt on Assignment | −52 | 0 | — | — | — | |
| Repayments of long-term debt on Exchange | −57 | 0 | — | — | — | |
| Borrowings of credit facility | 103 | 416 | 422 | 497 | 309 | |
| Repayments of credit facility and payment of amendment fees | −130 | −419 | −413 | −499 | −291 | |
| Proceeds from shares related to the SEPA, net | 75 | 16 | — | — | — | |
| Proceeds from issuance of common stock, net | 80,000 | 0 | 0 | 67 | 2 | |
| Net cash provided by financing activities | 39 | 19 | 16 | 41 | 20 | |
| Effect of exchange rate changes on cash and cash equivalents | 25,000 | −3,000 | −3,000 | 12,000 | 51,000 | |
| Net change in cash, cash equivalents, and restricted cash | −369,000 | −9 | −315,000 | 21 | −28 | |
| Cash paid for interest | 5 | 12 | 12 | 9 | 9 | |
| Cash paid for income taxes, net of refunds | 1 | 2 | 2 | 1 | 944,000 | |
| Purchases of property and equipment included in accounts payable | 116,000 | 850,000 | 661,000 | 1 | 147,000 | |
| Right-of-use assets obtained in exchange for new lease liabilities | 112,000 | 678,000 | 594,000 | — | — | |
| Warrants issued | 25 | 0 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is QUANTUM CORP /DE/'s CIK number?
QUANTUM CORP /DE/'s SEC CIK number is 0000709283 (709283). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find QUANTUM CORP /DE/'s SEC filings?
All of QUANTUM CORP /DE/'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did QUANTUM CORP /DE/ last report earnings?
QUANTUM CORP /DE/ (QMCO) most recently filed an earnings 8-K with the SEC on Jun 25, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-045529). This is QUANTUM CORP /DE/'s most recent earnings filing of record — not a forecast of its next earnings date.
What is QUANTUM CORP /DE/'s most recent earnings 8-K?
QUANTUM CORP /DE/'s latest earnings 8-K (Item 2.02) was filed Jun 25, 2026 under accession 0001628280-26-045529. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View QUANTUM CORP /DE/'s latest earnings 8-K →
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