QUANTUM CORP /DE/
QMCONasdaqTechnology · Computer Storage Devices · DE · SEC filings ↗ · Compare ⊕
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SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $274.1M | $311.6M | $422.1M | $383.4M | $349.6M | $402.9M |
| Operating income | −$41.7M | −$28.9M | −$16.7M | −$3.2M | $8.4M | $21.2M |
| Net income | −$115.1M | −$41.3M | −$18.4M | $38.4M | −$35.5M | −$5.2M |
| Total assets | $155.4M | $187.6M | $213.7M | $201.6M | $194.9M | $166.0M |
| Total liabilities | $319.8M | $309.1M | $298.0M | $345.4M | $307.2M | $364.5M |
| Equity | −$164.4M | −$121.5M | −$84.4M | −$143.7M | −$199.9M | −$198.5M |
| EPS (diluted) | $-22.35 | $-8.68 | $-0.28 | $-0.32 | $-0.83 | $-0.14 |
| Shares out. | 13.3M | 95.8M | 93.7M | 101.8M | 57.1M | 39.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −15.2%
- Net margin
- −42.0%
- Return on equity
- 70.0%
- Return on assets
- −74.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 205.8%
- Debt / equity
- —
- Book value / share
- $-12.34
- Revenue growth (YoY)
- −12.0%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -28.65distress
- Accruals / assets
- −58.9%clean
- Beneish M-Score
- -5.51normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Aug 15, 2025
- NT 10-Kmissed a reporting deadline ↗Jun 30, 2025
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 13, 2023
- NT 10-Kmissed a reporting deadline ↗Jun 14, 2019
- NT 10-Qmissed a reporting deadline ↗Apr 9, 2019
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Dialectic Technology Spv LlcActivist (13D)Jan 12, 2026
- Long Focus Capital Management, LlcPassive (13G)May 15, 2025
- Adk Soho Fund LpPassive (13G)May 8, 2025
- Pacific Investment Management Co LlcActivist (13D)Apr 17, 2025
- Blue Torch Capital LpActivist (13D)Feb 21, 2025
- Vanguard Group IncPassive (13G)Jan 31, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Nash Laura A.Officer — Chief Accounting Officer | Apr 2, 2026 | Sell | 109 | $5.44 |
| White William HillisOfficer — Chief Financial Officer | Mar 4, 2026 | Grant | 25,000 | $0.00 |
| Craythorne AnthonyOfficer — Chief Revenue Officer | Jan 1, 2026 | Grant | 15,000 | $0.00 |
| Meyrath HuguesOfficer — President & CEO | Jan 1, 2026 | Grant | 62,500 | $0.00 |
| White Yue ZhouDirector | Jan 1, 2026 | Grant | 12,000 | $0.00 |
| Clancy James CDirector | Jan 1, 2026 | Grant | 12,000 | $0.00 |
| Blevins Tony JDirector | Jan 1, 2026 | Grant | 12,000 | $0.00 |
| Jaworksi DonDirector | Jan 1, 2026 | Grant | 12,000 | $0.00 |
| Fichthorn JohnDirector | Jan 1, 2026 | Grant | 12,000 | $0.00 |
| Tracy John R.Director | Jan 1, 2026 | Grant | 12,000 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 1.5M | 2.1 | -13.7% |
| Apr 30, 2026 | 1.8M | 5.2 | -10.0% |
| Apr 15, 2026 | 2.0M | 3.8 | +10.1% |
| Mar 31, 2026 | 1.8M | 5.1 | -11.2% |
| Mar 13, 2026 | 2.0M | 4.3 | -12.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsFeb 17, 2026
- Director / officer change · Other material eventFeb 2, 2026
- Results of operationsJan 15, 2026
- Entered a material agreement · New financial obligation · Unregistered equity sale · Shareholder voteDec 18, 2025
- Results of operationsNov 13, 2025
- Results of operationsOct 28, 2025
- Item 5.08 · Other material eventOct 20, 2025
- Changed auditorOct 6, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.