QMCO Nasdaq Computer Storage Devices Financials FY2017βFY2026
Quantum Corp /De/ had $280M of revenue in fiscal 2026, up 2.0% on the year before. Over five years, revenue changed β4.4% a year on average.
Last close Β· Oct 23, 2026
$17.62
3.8%Hi! I read Quantum Corp /De/βs latest annual report (fiscal 2026). Here is what stands out:
Good So-so Weak
Are sales growing?
+2.0%
Only a little. Sales grew 2.0% last year.
Does it make a profit?
β36.1%
No. It lost money last year.
Does profit turn into cash?
β14.2%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· Quantum Corp /De/ had $280M of revenue in fiscal 2026, up 2.0% on the year before. Over five years, revenue changed β4.4% a year on average. Its operating margin was β8.8%, up 6.4Β pts: of every 100 in sales, about β9 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Quantum Corp /De/ lost $101M in fiscal 2026.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$39.6M in fiscal 2026, β14.2% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· In the last 12 months, insiders sold $0.1M of shares on the open market and bought none.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.1M
3 insiders
Of sales under plans
0%
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 3, 2026 | Anthony CraythorneChief Revenue Officer | Sold | 1,478 | $10.73 | $0.0M | Form 4 |
| Jul 2, 2026 | Hugues MeyrathPresident & CEO, Director | Sold | 6,232 | $10.51 | $0.1M | Form 4 |
| Jul 2, 2026 | Laura A. NashChief Accounting Officer | Sold | 260 | $10.51 | $0.0M | Form 4 |
| Apr 2, 2026 | Laura A. NashChief Accounting Officer | Sold | 109 | $5.44 | $0.0M | Form 4 |
| Oct 2, 2025 | Hugues MeyrathPresident & CEO, Director | Sold | 2,975 | $10.86 | $0.0M | Form 4 |
| Oct 2, 2025 | Laura A. NashChief Accounting Officer | Sold | 611 | $10.86 | $0.0M | Form 4 |
| Oct 1, 2025 | Laura A. NashChief Accounting Officer | Sold | 118 | $9.91 | $0.0M | Form 4 |
Can it carry its debts, and how well does it use its money?
KIRA Β· Quantum Corp /De/ owes $74.5M more than it holds in cash.
Cash, debt and the ratios that show how comfortably Quantum Corp /De/ can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $5.2M | $26.0M | $25.7M | $16.5M | $15.6M |
| Debt incl. finance leases | $107M | $83.1M | $0.0M | $0.0M | $90.0M |
| Net debt / EBITDA | 16.5x | β | β | β | β |
| Interest coverage | β0.3x | β1.6x | β1.9x | β1.8x | β1.1x |
| Current ratio | 0.8x | 1.0x | 0.5x | 0.4x | 0.5x |
| Quick ratio | 0.8x | 1.0x | 0.5x | 0.3x | 0.5x |
| Total assets | $202M | $214M | $188M | $155M | $157M |
| Total liabilities | $345M | $298M | $309M | $320M | $356M |
| Shareholders' equity | β$144M | β$84.4M | β$121M | β$164M | β$199M |
| Net debt (β = net cash) | $102M | $57.1M | β$25.7M | β$16.5M | $74.5M |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Quantum Corp /De/ passes 4 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 2 / 9 | 4 / 9 | 4 / 9 | 4 / 9 | 3 / 9 | 4 / 9 | 4 / 9 | 2 / 9 | 4 / 9 |
| Accruals ratio | β5.0% | β18.1% | β13.8% | β2.4% | β19.2% | 36.4% | β6.5% | β15.5% | β53.3% | β40.5% |
| Altman Z'' | β10.83 | β12.91 | β14.83 | β14.41 | β12.85 | β13.98 | β12.96 | β19.96 | β28.65 | β27.22 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $493M | $438M | $403M | $403M | $350M | $373M | $422M | $312M | $274M | $280M |
| Gross profit | $205M | $173M | $168M | $173M | $151M | $158M | $143M | $125M | $110M | $103M |
| Research and development | $44.4M | $38.6M | $32.1M | $36.3M | $41.7M | $51.8M | $44.6M | $38.0M | $31.1M | $23.5M |
| Operating income | $6.7M | β$28.6M | β$4.7M | $21.2M | $8.4M | β$3.2M | β$16.7M | β$28.9M | β$41.7M | β$24.5M |
| Interest expense | $8.0M | $11.7M | $21.1M | $25.4M | $27.5M | $11.9M | $10.6M | $15.1M | $23.6M | $21.6M |
| Pretax income | β$0.8M | β$46.5M | β$40.4M | β$4.4M | β$35.2M | $39.7M | β$16.4M | β$40.6M | β$114M | β$100M |
| Income tax | $1.7M | β$3.1M | $2.4M | $0.8M | $0.2M | $1.3M | $1.9M | $0.7M | $0.8M | $1.0M |
| Net income | β$2.4M | β$43.3M | β$42.8M | β$5.2M | β$35.5M | $38.4M | β$18.4M | β$41.3M | β$115M | β$101M |
| Net income to common | β | β | β | β | β$35.5M | $38.4M | β$18.4M | β$41.3M | β$115M | β |
| Diluted EPS | β$0.07 | β$1.25 | β$1.20 | β$0.14 | β$0.83 | β$0.32 | β$0.28 | β$8.68 | β$22.35 | β$7.97 |
| Diluted shares | 0.03B | 0.03B | 0.04B | 0.04B | 0.04B | 0.07B | 0.09B | 0.00B | 0.01B | 0.01B |
| Cash flow | ||||||||||
| Cash from operations | $8.6M | β$5.0M | β$16.9M | β$1.2M | β$0.8M | β$33.7M | β$4.9M | β$10.2M | β$23.6M | β$37.9M |
| Capital expenditure | $2.2M | $2.6M | $2.7M | $2.6M | $6.9M | $6.3M | $12.6M | $5.9M | $4.9M | $1.7M |
| Free cash flow | $6.3M | β$7.6M | β$19.6M | β$3.8M | β$7.7M | β$40.0M | β$17.5M | β$16.0M | β$28.6M | β$39.6M |
| Depreciation and amortization | $5.6M | $5.0M | $4.3M | $4.3M | $5.7M | $9.4M | $10.1M | $9.3M | $5.6M | $5.3M |
| Stock-based compensation | $6.7M | $5.4M | $3.4M | $6.7M | $9.6M | $13.8M | $10.8M | $4.7M | $2.8M | β$0.8M |
| Acquisitions | $0.0M | $0.0M | $0.0M | $2.0M | $2.7M | $7.8M | $3.0M | $0.0M | β | β |
| Balance sheet | ||||||||||
| Cash and short-term investments | $13.0M | $10.9M | $10.8M | $6.4M | $27.4M | $5.2M | $26.0M | $25.7M | $16.5M | $15.6M |
| Total debt | $65.0M | $116M | $147M | $154M | $90.9M | $107M | $83.1M | $0.0M | $0.0M | $90.0M |
| Current assets | $183M | $178M | $154M | $136M | $156M | $145M | $153M | $132M | $103M | $112M |
| Current liabilities | $238M | $207M | $178M | $158M | $159M | $177M | $158M | $250M | $258M | $206M |
| Inventory | β | β | β | β | β | β | β | β | $22.4M | $16.1M |
| Property and equipment, net | $10.9M | $9.7M | $8.4M | $9.0M | $10.1M | $12.9M | $16.6M | $12.0M | $11.4M | $9.3M |
| Goodwill | β | β | β | $0.0M | $3.5M | $13.0M | $13.0M | $13.0M | $13.0M | $13.0M |
| Intangible assets | $0.3M | $0.1M | $0.0M | $0.0M | $5.0M | $9.6M | $4.9M | $1.7M | $0.3M | $0.0M |
| Total assets | $221M | $203M | $173M | $166M | $195M | $202M | $214M | $188M | $155M | $157M |
| Total liabilities | $361M | $376M | $373M | $365M | $307M | $345M | $298M | $309M | $320M | $356M |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | β$139M | β$173M | β$200M | β$199M | β$200M | β$144M | β$84.4M | β$121M | β$164M | β$199M |
| Margins | ||||||||||
| Gross margin | 41.6% | 39.5% | 41.6% | 42.8% | 43.1% | 42.3% | 33.9% | 40.1% | 40.1% | 36.9% |
| Operating margin | 1.4% | β6.5% | β1.2% | 5.3% | 2.4% | β0.9% | β4.0% | β9.3% | β15.2% | β8.8% |
| EBITDA margin | 2.5% | β5.4% | β0.1% | 6.3% | 4.0% | 1.7% | β1.6% | β6.3% | β13.2% | β6.9% |
| Net margin | β0.5% | β9.9% | β10.6% | β1.3% | β10.1% | 10.3% | β4.4% | β13.2% | β42.0% | β36.1% |
| FCF margin | 1.3% | β1.7% | β4.9% | β0.9% | β2.2% | β10.7% | β4.1% | β5.1% | β10.4% | β14.2% |
| Returns | ||||||||||
| Return on capital employed | β40.8% | 617.3% | 84.8% | 273.9% | 23.4% | β13.0% | β29.9% | 46.3% | 40.8% | 50.1% |
| Return on assets | β1.1% | β20.5% | β22.8% | β3.1% | β19.6% | 19.3% | β8.8% | β20.6% | β67.1% | β64.7% |
| Growth | ||||||||||
| Revenue growth | β | β11.2% | β8.0% | 0.1% | β13.2% | 6.7% | 13.2% | β26.2% | β12.0% | 2.0% |
| Net income growth | β | β | β | β | β | β | β147.9% | β | β | β |
| FCF growth | β | β220.1% | β | β | β | β | β | β | β | β |
| Share count change | β | 2.8% | 2.5% | 5.7% | 14.0% | 54.1% | 38.1% | β94.8% | 8.3% | 146.1% |
| Financial health | ||||||||||
| Net debt / EBITDA | 4.2x | β | β | 5.8x | 4.5x | 16.5x | β | β | β | β |
| Interest coverage | 0.8x | β2.5x | β0.2x | 0.8x | 0.3x | β0.3x | β1.6x | β1.9x | β1.8x | β1.1x |
| Current ratio | 0.8x | 0.9x | 0.9x | 0.9x | 1.0x | 0.8x | 1.0x | 0.5x | 0.4x | 0.5x |
| Quick ratio | 0.8x | 0.9x | 0.9x | 0.9x | 1.0x | 0.8x | 1.0x | 0.5x | 0.3x | 0.5x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.4% | 0.6% | 0.7% | 0.7% | 2.0% | 1.7% | 3.0% | 1.9% | 1.8% | 0.6% |
| Stock comp / revenue | 1.4% | 1.2% | 0.8% | 1.7% | 2.8% | 3.7% | 2.5% | 1.5% | 1.0% | β0.3% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 2.0 | 4.0 | 4.0 | 4.0 | 3.0 | 4.0 | 4.0 | 2.0 | 4.0 |
| Altman Z'' | β10.8 | β12.9 | β14.8 | β14.4 | β12.8 | β14.0 | β13.0 | β20.0 | β28.6 | β27.2 |
| Accruals ratio | β5.0% | β18.1% | β13.8% | β2.4% | β19.2% | 36.4% | β6.5% | β15.5% | β53.3% | β40.5% |
Source: SEC EDGAR XBRL filings (CIK 0000709283). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
