(QMCO) Quantum - Overview
Sector: Technology | Industry: Computer Hardware | Exchange: NASDAQ (USA) | Market Cap: 119m USD | Total Return: -26.2% in 12m
Avg Turnover: 3.56M
Qual. Beats: 0
Rev. Trend: -94.9%
Qual. Beats: 0
Warnings
Negative Equity with losses - insolvent profile
Share dilution 179.0% YoY
Interest Coverage Ratio -1.3 is critical
Altman Z'' -15.00 < 1.0 - financial distress zone
Fakeout Choppy
Tailwinds
Confidence
Quantum Corporation (QMCO) specializes in storage and management solutions for unstructured data and digital video. Its portfolio includes all-flash file storage, unified surveillance platforms, and software-defined solutions for high-performance workflows like AI, machine learning, and video post-production. The company also provides long-term data preservation through its Scalar tape storage and ActiveScale object storage systems.
The company operates within the data storage sector, where tape technology remains a critical component for hyperscale data centers due to its lower power consumption and superior air-gapped security compared to disk-based systems. Quantum utilizes a diverse distribution model, leveraging value-added resellers, OEMs, and direct sales to reach government and enterprise clients. Beyond hardware, the business model increasingly emphasizes recurring revenue through Quantum-as-a-Service and software subscriptions.
For a deeper dive into these metrics and sector trends, consider exploring the data on ValueRay.
Headquartered in Centennial, Colorado, Quantum maintains a strategic partnership with Entanglement, Inc. to develop post-quantum security and quantum logic applications. This positioning allows the firm to address the growing demand for data sovereignty and secure archiving in an increasingly complex cybersecurity landscape.
- Hyperscale tape storage demand fluctuations impact long-term data archiving revenue
- Shift toward high-margin software subscriptions improves recurring revenue mix
- AI data management adoption drives demand for Myriad all-flash storage
- High debt levels and interest expenses constrain operational liquidity and growth
- Supply chain volatility affects hardware delivery timelines and manufacturing costs
| Net Income: -100.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.28 > 0.02 and ΔFCF/TA -19.42 > 1.0 |
| NWC/Revenue: -38.10% < 20% (prev -67.07%; Δ 28.96% < -1%) |
| CFO/TA -0.27 > 3% & CFO -40.7m > Net Income -100.8m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.51 > 1.5 & < 3 |
| Outstanding Shares: last quarter (13.7m) vs 12m ago 179.0% < -2% |
| Gross Margin: 37.46% > 18% (prev 0.40%; Δ 3.71k% > 0.5%) |
| Asset Turnover: 164.7% > 50% (prev 170.1%; Δ -5.42% > 0%) |
| Interest Coverage Ratio: -1.27 > 6 (EBITDA TTM -28.6m / Interest Expense TTM 25.5m) |
| A: -0.67 (Total Current Assets 103.6m - Total Current Liabilities 203.2m) / Total Assets 149.3m |
| B: -6.93 (Retained Earnings -1.03b / Total Assets 149.3m) |
| C: -0.20 (EBIT TTM -32.4m / Avg Total Assets 158.7m) |
| D: -3.10 (Book Value of Equity -1.03b / Total Liabilities 333.5m) |
| Altman-Z'' = -31.59 = D |
| DSRI: 1.06 (Receivables 59.4m/61.4m, Revenue 261.3m/285.9m) |
| GMI: 1.07 (GM 37.46% / 40.05%) |
| AQI: 0.92 (AQ_t 0.19 / AQ_t-1 0.20) |
| SGI: 0.91 (Revenue 261.3m / 285.9m) |
| TATA: -0.40 (NI -100.8m - CFO -40.7m) / TA 149.3m) |
| Beneish M = -3.44 (Cap -4..+1) = AA |
As of May 26, 2026, the stock is trading at USD 9.05 with a total of 1,865,173 shares traded.
Over the past week, the price has changed by +8.38%,
over one month by +30.78%,
over three months by +66.06% and
over the past year by -26.18%.
Quantum has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold QMCO.
- StrongBuy: 0
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 10.5 | 16% |
P/E Forward = 1.8501
P/S = 0.4544
P/B = 0.1159
P/EG = 0.7731
Revenue TTM = 261.3m USD
EBIT TTM = -32.4m USD
EBITDA TTM = -28.6m USD
Long Term Debt = 75.9m USD (from longTermDebt, last quarter)
Short Term Debt = 53.4m USD (from shortTermDebt, last quarter)
Debt = 154.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 8.41m
Net Debt = 140.7m USD (calculated: Debt 154.5m - CCE 13.8m)
Enterprise Value = 260.1m USD (119.4m + Debt 154.5m - CCE 13.8m)
Interest Coverage Ratio = -1.27 (Ebit TTM -32.4m / Interest Expense TTM 25.5m)
EV/FCF = -6.16x (Enterprise Value 260.1m / FCF TTM -42.3m)
FCF Yield = -16.24% (FCF TTM -42.3m / Enterprise Value 260.1m)
FCF Margin = -16.17% (FCF TTM -42.3m / Revenue TTM 261.3m)
Net Margin = -38.59% (Net Income TTM -100.8m / Revenue TTM 261.3m)
Gross Margin = 37.46% ((Revenue TTM 261.3m - Cost of Revenue TTM 163.4m) / Revenue TTM)
Gross Margin QoQ = 38.79% (prev 37.55%)
Tobins Q-Ratio = 1.74 (Enterprise Value 260.1m / Total Assets 149.3m)
Interest Expense / Debt = 16.52% (Interest Expense 25.5m / Debt 154.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = -25.6m (EBIT -32.4m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.51 (Total Current Assets 103.6m / Total Current Liabilities 203.2m)
Debt / Equity = -0.84 (negative equity) (Debt 154.5m / totalStockholderEquity, last quarter -184.2m)
Debt / EBITDA = -4.92 (negative EBITDA) (Net Debt 140.7m / EBITDA -28.6m)
Debt / FCF = -3.33 (negative FCF - burning cash) (Net Debt 140.7m / FCF TTM -42.3m)
Total Stockholder Equity = -155.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -63.54% (Net Income -100.8m / Total Assets 149.3m)
RoE = -11.48% (Net Income TTM -100.8m / Total Stockholder Equity 878.1m)
RoCE = -3.40% (EBIT -32.4m / Capital Employed (Equity 878.1m + L.T.Debt 75.9m))
RoIC = 178.9% (negative operating profit) (NOPAT -25.6m / Invested Capital -14.3m)
WACC = 11.72% (E(119.4m)/V(274.0m) * Re(10.0%) + D(154.5m)/V(274.0m) * Rd(16.52%) * (1-Tc(0.21)))
Discount Rate = 10.0% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 94.39 | Cagr: 60.06%
[DCF] Fair Price = unknown (Cash Flow -42.3m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.07 | # QB: 0
Revenue Correlation: -94.88 | Revenue CAGR: -17.01% | SUE: 0.63 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.30 | Chg30d=+25.61% | Revisions=+20% | Analysts=2
[Analyst] Revisions Ratio: +20%