Qualstar Stock Price, News & Analysis

Qualstar (OTC: QBAK) announced a partnership with Scale Logic on December 9, 2025 to develop integrated solutions for legacy media. The collaboration includes SFS Media for migration and archiving and Obvious Future's CaraOne platform to enable AI-driven discovery, retrieval, and monetization of tape content libraries.

The program aims to help media organizations remonetize archived IP, streamline access to legacy assets, and extend insights into new and existing archives.

Qualstar (OTC: QBAK) reported third quarter 2025 results on Nov 12, 2025, showing accelerating tape-storage demand and balance-sheet strength. Q3 revenue rose 49% year-over-year to $2.02M, and gross profit increased 25% to $692K. Net income was $219K (EPS $0.15), reversing a prior-year loss, and Adjusted EBITDA improved to $69K. The company ended Q3 with $2.3M cash and no debt. Year-to-date revenue declined 15% to $5.11M, reflecting lower power-supply shipments, while nine-month gross margin improved to 34.9% from 29.5%. Management highlighted partnerships, software expansion, targeted M&A, and plans to uplist to a major U.S. exchange.

Qualstar Corporation (OTC: QBAK) has appointed Jeff Sengpiehl as its new Chief Technology Officer, effective immediately. This newly created position aims to accelerate innovation and advance the company's growth strategy. Sengpiehl brings over 30 years of experience in media and entertainment technology, most recently serving as CTO at Key Code Media.

The appointment aligns with Qualstar's strategic objectives, including expansion into enterprise markets, broadening product portfolio through bundled hardware and software offerings, and pursuing strategic acquisitions. Sengpiehl's expertise spans cloud infrastructure, AI-enabled workflows, and enterprise workflow design, with previous leadership roles at Light Iron, Sim International, and ABC Television.

Qualstar Corporation (OTC: QBK), a manufacturer of data storage solutions and high-efficiency power supplies, will present at the 2025 Gateway Conference on September 3-4 in San Francisco. CEO Steven N. Bronson will present on September 3rd at 2:30 PM PT, discussing the company's strong Q2 performance featuring 34% gross margins and positive net income.

The presentation will highlight Qualstar's growth strategy, which focuses on leveraging its 40-year expertise to pursue new opportunities through complementary software solutions and strategic acquisitions. The company aims to strengthen recurring revenue, scale operations, and enhance shareholder value.

Qualstar Corporation (OTC: QBAK) has announced a strategic partnership with CMS Distribution to distribute its data storage products across the UK and Ireland. CMS will serve as the sole distributor, targeting corporate resellers, managed service providers, retailers, and IT companies.

The partnership leverages CMS's strong presence and customer relationships in these territories, along with their expertise in shipping and importing. Qualstar's offerings include data storage solutions for various sectors including media, government, military, healthcare, and data centers, featuring immediate availability, pre-configuration, 3-year warranty, and no slot licensing fees.

Qualstar Corporation (OTC: QBAK), a data storage and power solutions provider, reported mixed Q2 2025 results. Despite a 40% year-over-year revenue decline to $1.43 million due to lost power-supply customer business, the company achieved significant profitability improvements.

Key highlights include gross margin expansion to 34% from 22% in Q2 2024, net income of $204,000 ($0.14 per share) compared to prior year loss of $327,000, and a strong cash position of $2.2 million with zero debt. The company is actively pursuing acquisitions and strategic alliances to expand its data management capabilities and drive recurring revenue through complementary software offerings.

Qualstar Corporation (QBAK) reported its Q1 2025 financial results, delivering earnings of $0.13 per share compared to a loss of $0.07 in Q1 2024. Revenue decreased by 27.5% to $1.66 million from $2.29 million in the prior year, primarily due to lower shipments of power supplies products following the loss of a major customer in 2024. Despite lower revenue, the company improved its gross margin to 36.7% from 30.6% year-over-year. Net income reached $183,000, compared to a loss of $100,000 in Q1 2024. Adjusted EBITDA was positive at $62,000, up from negative $144,000 in the previous year. The company maintains a strong cash position of $2.3 million and continues to pursue acquisitions in data management software and hardware systems.

Qualstar (QBAK) has released its Q4 and full-year 2024 financial results, reporting mixed performance across its business segments. The company experienced a significant revenue decline of 40% in Q4 2024 and 24% for the full year compared to 2023, primarily due to reduced power supplies shipments and lower data storage product deliveries.

The data storage segment maintained profitability for the 8th consecutive year, generating pre-tax income of $49,000 in Q4 and $127,000 for the full year 2024. However, the power supplies segment reported losses of $56,000 in Q4 and $595,000 for the year. Gross margin slightly declined to 34% in Q4 2024 from 36% in Q4 2023.

The company ended 2024 with $2.4 million in cash and has extended its stock repurchase program through December 31, 2026 for up to 100,000 additional shares, following the repurchase of 471,161 shares during 2021-2024.

Qualstar (QBAK) reported its Q3 2024 financial results, showing significant revenue declines. Revenue decreased 57% to $1.36 million for Q3 2024 compared to Q3 2023, and fell 17% to $6.01 million for the nine months ended September 30, 2024. Despite revenue challenges, gross margin improved to 41% in Q3 2024 from 31% in Q3 2023. The company reported a net loss of $34,000 in Q3 2024 compared to a net income of $161,000 in Q3 2023. The decline in revenues was primarily attributed to lower shipments of power supplies products and the loss of a major customer. The company ended the quarter with $2.2 million in cash.