Quantum Corporation (QMCO)

Nasdaq: QMCO · Computer Storage Devices · San Jose, CA · filing with the SEC since 1994

Full chart Alerts Compare

Grade1.8

◀ Past 0.5● Present 1.9▶ Future 3.0

1 est.

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

The grade of Quantum Corporation

Nine metrics read from its own filings, by tense

Headline grade

1.8/10

◀ Past0.530% of the headline

● Present1.940% of the headline

▶ Future3.030% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

0.5/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed

0.1/10

Has it survived what it has been through?

27 warning events since 2017; the latest 2026-06-15.

weight 33% of this tense · 1st percentile among 68 sector filers · read for itself

From the record

Quantum Corporation's filings since 2017 show 27 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 9 times, the latest 2025-08-26); a warning not to rely on past financial statements (8-K item 4.02, 3 times, the latest 2025-08-08); an auditor change (8-K item 4.01, 4 times, the latest 2025-10-06); a late-report notice (Form NT 10-K or NT 10-Q, 11 times, the latest 2026-06-15) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed

1.0/10

What has it actually done, year after year?

-5.4% a year over 9 filed years; profitable in 1 of 9.

weight 45% of this tense · 10th percentile among 64 sector filers · read for its customers

From the record

Quantum Corporation's 9 filed years say what it did: revenue went from $438 million in fiscal 2018 to $280 million in fiscal 2026, down 5.4% a year; it rose in 4 of 8 years; the deepest fall was 37% from fiscal 2018 to fiscal 2025; net income was positive in 1 of 9 of those years (its annual reports).

What it rests on

revenue growth over the filed span-5.4%bottom 7% of its family
the share of years revenue rosebottom 14% of its family
the share of filed years with a profitbottom 6% of its family
the deepest fall from a revenue peak37.4%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate

0.1/10

How has it treated the people who own it?

SI estimate 0.1/10, confidence 35 of 100 (one part).

weight 22% of this tense · 1st percentile among 65 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate: Read from one part only, the share count over the years, which ranks in the bottom 1% of 65 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read: Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned: one part: the share count over the years, the one part on file, ranked among 65 in its family.
Confidence: 35 of 100
What would change it: A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Quantum Corporation's shareholder treatment is put at 0.1 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 1% of 65 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

1.9/1040% of the headline grade · 3 of 3 filed

Financial health

as filed

3.4/10

Is it financially healthy right now?

Leverage 227%: owes 227¢ per asset dollar.

weight 45% of this tense · 34th percentile among 65 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-03-31, Quantum Corporation's shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 66 cents per dollar of everything the company owns. Leverage: it owed about 227 cents per dollar of assets, and net share issuance: its share count grew 146.1% over the year (the filed statements).

What it rests on

what it owes per dollar of assetsbottom 1% of its family
gross profit against assetstop 1% of its family
the share count against the year beforebottom 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed

0.7/10

How strong is its position in its industry?

bottom 7% of 63 in its family; net margin -36.1%.

weight 33% of this tense · 7th percentile among 63 sector filers · read for its customers

From the record

Quantum Corporation's standing among 63 graded names in its industry family: revenue of $280 million in fiscal 2026 ranks in the bottom 15% by size; a net margin of -36.1% ranks in the bottom 4%; revenue growth of -12.8% a year over the last 3 filed years ranks in the bottom 2% (its annual reports).

What it rests on

revenue against the family$280Mbottom 15% of its family
net margin-36.1%bottom 4% of its family
three-year revenue growth-12.8%bottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed

0.6/10

What are the people in charge doing?

bottom 6% of 55 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 6th percentile among 55 sector filers · read for its shareholders

From the record

Quantum Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Meyrath, Hugues (President & CEO, as filed), filing under that title since 2025-10-03, 1.1 years (bottom 6% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 2.3 years (bottom 8%); 17 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (bottom 2%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

officer and director changes on Form 8-K, against the people in charge17 in three years among 11 peoplebottom 2% of its family
the median years the people in charge have filed2.3 yearsbottom 8% of its family
the chief executive's years on the record1.1 yearsbottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.0/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed

3.7/10

How much room does it have to grow?

bottom 37% of 63 in its family for room to expand.

weight 45% of this tense · 37th percentile among 63 sector filers · read for itself

From the record

Quantum Corporation's room to grow, from the newest filed statements (fiscal 2026): cash of $16 million against debt of $90 million leaves -47.5% of its assets as net cash, bottom 2% of its family; cash from operations less capital spending is -14.2% of revenue (bottom 4%); a gross margin of 36.9% (top 46%); research spending of 8.4% of revenue (top 14%) (its annual report).

What it rests on

cash less debt against assets-47.5%bottom 2% of its family
cash from operations less capital spending against revenue-14.2%bottom 4% of its family
gross margin36.9%top 46% of its family
research spending against revenue8.4%top 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed

1.4/10

What could actually drive growth from here?

bottom 14% of 64 in its family for growth drivers.

weight 33% of this tense · 14th percentile among 64 sector filers · read for its customers

From the record

Quantum Corporation's growth drivers, from the filed years to fiscal 2026: revenue grew -12.8% a year over the last three filed years against -5.4% over all 9, slowing (bottom 15% of its family); the newest year grew 2% (bottom 33%); research spending grew -19.2% a year (bottom 8%); capital spending grew -48.6% a year (bottom 2%) (its annual reports). Quantum Corporation reported 5 product lines in fiscal 2026: Secondary Storage Systems at $101 million (36%), Service at $86 million (31%), Primary Storage Systems at $44 million (16%), and 2 more; 2 of 5 grew against the year before (its annual report).

What it rests on

three-year growth against the whole span-7.4 points a yearbottom 15% of its family
the newest year's revenue growth2.0%bottom 33% of its family
three-year growth of research spending-19.2%bottom 8% of its family
three-year growth of capital spending-48.6%bottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed

3.9/10

Did its newest year beat what its own record pointed to?

bottom 39% of 62 in its family for expectations against reality.

weight 22% of this tense · 39th percentile among 62 sector filers · read for its shareholders

From the record

Quantum Corporation's newest year against its own record: revenue of $280 million in fiscal 2026 came in 26.6% above the $221 million its prior three years' pace pointed to (top 7% of its family); net income of $101 million against a prior three-year average of $58 million (bottom 18%); a net margin of -36.1% against -19.9% before (bottom 7%) (its annual reports).

What it rests on

revenue against the prior three years' pace26.6%top 7% of its family
net income against the prior three years' average-74%bottom 18% of its family
net margin against its prior average-16.3 pointsbottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton QMCO · research, not advice