Quantum (QMCO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Quantum

NasdaqGM•Technology•Computer Hardware

$24.46-0.27(-0.01%)Pre-market

Market Cap

$551.68M

P/S

1.9x

Quantum Corporation provides data management solutions for unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers primary storage software and systems, including StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as large digital file archives; and Unified Surveillance Platform Software, a unified compute and storage software for video surveillance recording, storage, and analytics. It also provides cost-per-terabyte secondary storage software and systems, such as ActiveScale Object Storage Software, a storage for building massive data lakes, storage clouds, and cold archives; DXi Backup Appliances for backup and recovery and multisite data protection; Scalar Tape Storage, a storage for long-term data archiving and offline data protection; and CatDV Asset Management Software for indexing, cataloging, AI data enrichment, and workflow orchestration. In addition, the company sells standalone linear-tape open tape drives for small business data protection and archiving, as well as linear-tape open media for use in tape storage systems. Further, it offers global support, deployment and consulting, and education services, as well as Quantum-as-a-Service. The company serves media and entertainment, life sciences, gaming and hospitality, retail, education, energy, financial services, and manufacturing industries, as well as hyperscale cloud providers, US federal and public sector, safe cities, and government. 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 incorporated in 1980 and is headquartered in Centennial, Colorado.

How this company scores

WeakMetricSide Score: 38/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Growth (12/25); weakest: Cash & Earnings Quality (5/25).

Profitability11/25

Growth12/25

Balance Sheet & Red Flags10/25

Cash & Earnings Quality5/25

Strengths

Long cash runwayNet cash positionImproving margins

Grade capped at D

Negative equity — the balance sheet is insolvent.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 1.9x5y range 0.1x – 17.6x

Currently below its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 7 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $551.68M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $296.10M
Q. Revenue: $80.80M
TTM EBITDA: $171,000
TTM Op. Income: $-6.87M
Q. Op. Income: $5.04M
TTM Net Income: $-239.13M
Q. Net Income: $-155.29M
EPS: $-7.06
Shares Out.: $21.99M

$296.10M in TTM revenue grew 10.9% YoY, reaching $80.80M last quarter. TTM EBITDA of $171,000 and TTM operating income of $-6.87M show growth is flowing through to the bottom line. However, net income is negative at $239.13M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 39.3%
EBITDA Margin: 7.7%
Op. Margin: 6.2%
Net Margin: -192.2%

Op. margin of 6.2% is up 25.8% YoY — cost efficiency is improving. Net margin at -192.2% and gross margin of 39.3% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 132% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 1.9x
P/B Ratio: N/A

P/S of 1.9x and P/B of 0.0x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $191.90M
Cash: $54.45M
Long-Term Debt: N/A
Book Value: $-27.82M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $947,000
TTM Free Cash Flow: $-20.93M
FCF Margin: -7.1%
FCF / Net Income: 0.1

TTM FCF of $-20.93M on $947,000 in operating cash flow. The FCF / Net Income ratio of 0.1x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.