Quantum Stock Price, News & Analysis

Quantum (Nasdaq: QMCO) announced upgrades to the Scalar i3 tape library and a new Scalar iSCSI Bridge (in partnership with ATTO) to add Ethernet connectivity and higher density.

Key facts: the Scalar i3 now scales to 16 modules in a 48U rack, offers 800 usable slots and > 14.4 PB native capacity with LTO-9 (18TB native/cartridge), and delivers 25% more density versus peers. The integrated iSCSI Bridge enables SAS-over-Ethernet, removes cabling distance limits, and claims up to 15% lower total cost of ownership per drive. The Scalar i3 and iSCSI bridge are available immediately.

Quantum (Nasdaq: QMCO) announced that CEO Hugues Meyrath and Chief Accounting Officer Laura Nash will participate in the Northland Growth Conference on Tuesday, December 16, 2025. The event will be held virtually and management will be available for scheduled investor meetings throughout the day. Portfolio managers and analysts may request meetings through their Northland Capital Markets representative.

Quantum (Nasdaq: QMCO) reported fiscal Q2 2026 results for the period ended September 30, 2025. Revenue was $62.7M (at the high end of guidance). GAAP net loss was $46.5M (or $(3.49) per share), which included a $25.4M non‑cash debt extinguishment loss and $3.5M of restructuring charges. Non‑GAAP adjusted net loss was $7.1M (or $(0.54) per share) and non‑GAAP adjusted EBITDA was $0.5M positive. Non‑GAAP operating expenses fell to $24.8M, a reduction of over $5M year‑over‑year. Cash and restricted cash were $15.3M; outstanding term loan was $106.1M. Q3 2026 guidance: revenue $67M ± $2M, non‑GAAP adjusted EBITDA $1M ± $1M.

Quantum (Nasdaq: QMCO) announced ActiveScale platform enhancements on November 12, 2025 that introduce an industry-first Ranged Restore for Glacier-class tape archives and a new restore engine delivering more than 5x higher throughput for small-object restores. Ranged Restore lets customers retrieve only specific byte ranges from large objects instead of full-file rehydration, lowering retrieval time, compute cycles, and egress impact. Quantum says these updates make tape-based archives query-ready for AI, analytics, and HPC at exabyte scale. The enhancements are available immediately.

Quantum (NASDAQ: QMCO) will release its fiscal second quarter 2026 financial results on Thursday, November 13, 2025 after markets close. A conference call with CEO Hugues Meyrath and Chief Accounting Officer Laura Nash is scheduled for 5:00 p.m. ET (2:00 p.m. PT) the same day to review results and business outlook.

Analysts and investors can join by phone (US: 1-866-424-3436; International: +1-201-689-8058) using Conference ID 13757096, or listen via the company webcast. A telephone replay will be available approximately two hours after the call through November 20, 2025, and a webcast replay will remain on the company website for at least 90 days.

Quantum (Nasdaq: QMCO) and Entanglement announced a strategic Memorandum of Understanding on October 28, 2025 to integrate quantum logic, post-quantum encryption, and a Regionalized AI Data Storage service called the Entanglement Storage Platform (ESP).

Under the MOU Quantum will serve as Entanglement’s Global Strategic Storage Partner to deliver post-quantum-ready, scalable AI and HPC infrastructure. ESP will debut at Entanglement’s West Palm Beach data center and is expected to connect regional computing across North America, the Middle East, Africa, and Europe. Demonstrations of ESP and integrated post-quantum encryption are planned for 2026, with scalable global deployment to follow.

Quantum (Nasdaq: QMCO) announced preliminary unaudited results for the fiscal second quarter ended September 30, 2025. The company expects revenue of approximately $62.5 million, at the high end of prior guidance of $61 million ± $2 million. GAAP gross margin is expected to be approximately 37.5%. The company expects GAAP operating expenses of about $32 million and Non-GAAP adjusted operating expenses of about $25 million, which is favorable to prior guidance of $27 million ± $2 million. Quantum plans to report final fiscal Q2 2026 results by mid-November 2025.

Quantum (Nasdaq: QMCO) appointed Geoff Barrall as Chief Product Officer on October 7, 2025 to lead product strategy, innovation, and engineering focused on data management for AI-era workloads.

Barrall previously served as CPO at Index Engines and as CTO at Hitachi Vantara, where he supported $4 billion in annual revenues. He founded BlueArc (acquired by Hitachi), Drobo, and Connected Data, and holds a Ph.D. and B.S. in Cybernetics from the University of Reading.

Quantum Corporation (NASDAQ: QMCO) announced that its Scalar i7 RAPTOR tape library has won the TV Tech Best of Show Award at IBC 2025. The innovative storage solution offers up to 2,016 slots and over 60 PB of native storage within a standard 19-inch data center rack.

The RAPTOR system delivers 200% higher storage density than competitors, resulting in up to 70% lower total cost of ownership. The solution features AI-driven analytics, Active Vault, and Logical Tape Blocking for enhanced security against ransomware. This marks the system's third Best of Show recognition in 2025, following awards from TV Tech and TVBEurope at NAB.