Every 8-K that Quantum Corporation (QMCO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow QMCO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full QMCO filings page.
Quantum Corporation (QMCO) appointed Hiral A. Patel as Chief Accounting Officer and Principal Accounting Officer effective September 1, 2026. Patel brings extensive public-company accounting experience from roles at Pep Boys, IKEA Retail, Verifone Systems and Ernst & Young, and is a Certified Public Accountant with a BBA from Temple University.
Her offer provides a $335,000 annual base salary and eligibility for a target bonus equal to 50% of base salary, based on company and individual performance. As a material inducement to join Quantum, she will receive 50,000 RSUs vesting in three equal annual installments under the 2021 Inducement Plan, with the grant expected to be effective on or around October 1, 2026. Patel also entered into the company’s standard change of control and indemnification agreements, providing specified severance, bonus, equity vesting and COBRA-related benefits if her employment is involuntarily terminated under defined conditions.
Quantum Corporation reported a planned leadership change in its finance organization. The company notified Laura A. Nash that she will transition from her role as Chief Accounting Officer and Principal Accounting Officer effective September 1, 2026. She is expected to remain a full-time employee in a transition role through December 31, 2026, when her employment is expected to terminate. The company states there are no disagreements with Ms. Nash and no disruption to operations is expected.
During the transition period, Quantum will continue to pay Ms. Nash’s current base salary and allow continued vesting of her outstanding equity awards. In return for her extended transition role and a standard release of claims, the company agreed to accelerate vesting of approximately 2,900 restricted stock units and, consistent with her employment agreement, to pay six months of base salary and six months of COBRA expenses. Quantum anticipates announcing a new Principal Accounting Officer on or around September 1, 2026.
Quantum Corporation reported results for its fiscal first quarter 2027 ended June 30, 2026. Revenue was $80.8 million, up 26% from $64.3 million a year earlier and above guidance. GAAP gross margin improved to 39.3%, and GAAP operating expenses dropped to $26.7 million from $35.3 million.
The company recorded a GAAP net loss of $155.3 million (‑$7.06 per share), driven largely by one‑time noncash charges tied to eliminating its debt and convertible notes, including $129.7 million from the change in fair value of its convertible note and $16.3 million related to warrants. Excluding these and other adjustments, non‑GAAP adjusted net income was $4.0 million ($0.18 per share), and non‑GAAP adjusted EBITDA was $8.0 million, the first non‑GAAP profitable quarter since fiscal 2023.
Liquidity strengthened, with cash, cash equivalents and restricted cash at $54.6 million and total outstanding debt reduced to zero from $104.3 million a year earlier; quarterly interest expense fell to $2.1 million from $6.5 million. For fiscal second quarter 2027, Quantum targets revenue around $82 million, non‑GAAP operating expenses of about $27 million, non‑GAAP basic EPS of roughly $0.12, and non‑GAAP adjusted EBITDA of about $6 million.
Quantum Corporation reported strong fiscal fourth quarter 2026 results with improving profitability but remains loss-making overall. Quarterly revenue rose 27% year-over-year to $78.0 million, above guidance of $68 million plus or minus $2 million. GAAP net loss was $9.5 million, or ($0.66) per share, while non-GAAP adjusted net loss narrowed to $3.1 million, or ($0.21) per share, a $9.0 million improvement from the prior year. Adjusted EBITDA turned positive at $1.0 million versus a negative $3.9 million a year earlier.
For fiscal 2026, revenue was $279.6 million with a net loss of $101.0 million. The year included a $59.6 million loss on debt extinguishment, an $11.3 million gain from warrant revaluation, and a $4.1 million loss from convertible note fair value changes. At March 31, 2026, cash, cash equivalents and restricted cash totaled $16.2 million, term loan debt was $55.9 million, and a new convertible note was recorded at a fair value of $90.0 million, leaving the company with a stockholders’ deficit of $198.9 million. For the first quarter of fiscal 2027, Quantum guides to revenue of $75.0 million plus or minus $2 million, non-GAAP adjusted operating expenses of $27 million plus or minus $1 million, non-GAAP adjusted basic net loss per share of ($0.15) plus or minus $0.10, and non-GAAP adjusted EBITDA of $1.5 million plus or minus $1 million.
Quantum Corporation significantly reshaped its balance sheet and corporate calendar. The company paid $57.8 million to terminate its Term Loan Credit and Security Agreement, including $56.0 million of principal, $1.5 million of accrued interest, and $0.3 million of fees and expenses.
All outstanding 10.00% PIK Senior Secured Convertible Notes due 2028 were canceled, and the related Indenture was fully satisfied and discharged. Quantum also terminated its Standby Equity Purchase Agreement with Yorkville, with no amounts owed at termination, and set September 15, 2026 as the date for its 2026 annual meeting of stockholders, with stockholder proposals due by June 17, 2026.
Quantum Corporation entered into a private placement to sell 10,615,712 shares of common stock at $9.42 per share, raising gross proceeds of $100.0 million and expecting net proceeds of about $94.7 million. The company plans to use most of this cash to repay all existing term debt and fund working capital and general corporate purposes.
Dialectic Technology SPV LLC agreed to convert approximately $57.242 million of 10.00% PIK Senior Secured Convertible Notes, plus accrued interest, into common stock at $5.1940 per share and will receive about 3.1 million additional shares and a warrant for 105,911 shares at $5.1940. A concurrent credit agreement amendment extends term loan maturity to September 2028 and eases mandatory prepayment of future equity proceeds. The transactions are supported by registration rights, lock-up and right-of-first-refusal agreements, and were approved by independent board committees.
Quantum Corporation reported improved fiscal Q3 2026 results with a smaller adjusted loss and stronger top-line performance. Revenue was $74.6 million, above preliminary results of $72.7 million and original guidance of $67 million plus or minus $2 million, driven by strong quarter-end shipments and conservative deferred revenue assumptions.
GAAP net loss was $27.8 million, or $2.03 per share, largely impacted by a $28.9 million loss on debt extinguishment, while non-GAAP adjusted net loss narrowed to $4.9 million, or $0.36 per share. Non-GAAP adjusted EBITDA improved to a positive $2.9 million from $0.5 million in the prior quarter. Term loan debt fell to $54.6 million from $105.9 million a year earlier, with a new convertible note fair valued at $75.9 million.
For fiscal Q4 2026, Quantum guides to revenue of $68 million plus or minus $2 million, non-GAAP adjusted operating expenses of $27 million plus or minus $2 million, non-GAAP adjusted basic net loss per share of $0.33 plus or minus $0.10, and non-GAAP adjusted EBITDA around breakeven.
Quantum Corporation appointed William H. White as its new Chief Financial Officer and Principal Financial Officer, effective February 2, 2026. His offer includes a $375,000 base salary and eligibility for an annual bonus targeted at 50% of salary based on company and individual performance.
As a hiring inducement, he is slated to receive 25,000 restricted stock units vesting over three years and 25,000 performance-based RSUs tied to committee-approved metrics under the 2021 Inducement Plan, effective March 2, 2026. Change-of-control and severance arrangements provide up to 12 months of salary and bonus, equity vesting, and COBRA-related cash payments if he is involuntarily terminated around a qualifying change of control.
Quantum Corporation filed a current report to let investors know it has furnished preliminary financial results for its fiscal third quarter ended December 31, 2025. The company provided these early results through a press release dated January 15, 2026, which is attached as Exhibit 99.1.
The disclosure is made under Item 2.02 for results of operations and financial condition, and the company specifies that the information, including Exhibit 99.1, is being furnished rather than filed, so it is not subject to certain liabilities under the Securities Exchange Act and is not automatically incorporated into Securities Act registration statements.
Quantum Corporation completed a major debt restructuring with Dialectic Technology SPV LLC. The company exchanged term loans for $54,718,114 of senior secured convertible notes bearing 10.00% pay-in-kind interest and maturing on December 18, 2028. The initial conversion price is $10.00 per share, with reset features that can adjust it down to no lower than $4.00 based on trading prices after closing.
If the notes were fully converted at $10.00 and Dialectic fully exercised its existing forbearance warrant, Dialectic would hold about 36.9% of Quantum’s common stock. The notes are secured by the same collateral as the prior term loans and include financial covenants, including minimum liquidity levels that rise from $3.75 million at the end of Q1 2026 to $7.5 million by Q4 2026 and thereafter.
Shareholders approved the convertible note exchanges, potential additional Dialectic funding, anti-dilution-related warrant issuances, a 1,400,000-share increase to the 2023 Long-Term Incentive Plan, executive compensation on an advisory basis, and the appointment of CohnReznick LLP as auditor.
Quantum Corporation reported financial results for the fiscal quarter ended September 30, 2025 and furnished the accompanying earnings press release as Exhibit 99.1 in a Form 8-K.
The information was provided under Item 2.02 and is expressly furnished, not filed under the Exchange Act, and will not be incorporated by reference into Securities Act filings. The company also listed Exhibit 104 for the cover page interactive data file.
Quantum Corporation filed a current report to let investors know it has released preliminary financial results for its fiscal second quarter ended September 30, 2025. The company furnished these early results through a press release dated October 28, 2025, which is attached as Exhibit 99.1. The information is presented under a results of operations and financial condition item and is being treated as furnished rather than filed under securities law, meaning it is not automatically incorporated into other registration statements unless specifically referenced.
Quantum Corporation (QMCO) set December 16, 2025 as the date for its 2025 annual meeting of stockholders. The company outlined the window for stockholder proposals not included in the proxy materials under its Amended and Restated Bylaws, noting that the meeting date is more than 60 days after the prior year’s anniversary, which changes the normal timing rules.
For this meeting, written notice to the Secretary at the company’s principal executive offices must be received by the close of business on October 30, 2025. Proposals and director nominations also must comply with SEC Rules 14a-8 and 14a-19, Delaware law, and the company’s Bylaws.
Quantum Corporation disclosed that its prior auditor, Grant Thornton, issued audit reports for the fiscal years ended March 31, 2025 and March 31, 2024 without an adverse or qualified opinion but included an explanatory paragraph about the company’s ability to continue as a going concern. Grant Thornton reported no disagreements with management but noted material weaknesses in the company’s internal control over financial reporting related to the controls environment, revenue recognition, manufacturing inventory, and warrants agreements, as described in Item 9A.
The Audit Committee completed a competitive selection and, on September 30, 2025, chose CohnReznick LLP to serve as the independent registered public accounting firm for the fiscal year ending March 31, 2026, contingent on completion of standard client acceptance procedures. Grant Thornton provided a letter dated October 6, 2025 and the company authorized Grant Thornton to respond fully to successor-auditor inquiries about the disclosed reportable events.
Quantum Corporation announced a set of financing and amendment transactions with Dialectic Technology SPV LLC that convert existing term loan obligations into newly issued senior secured convertible notes and attach a warrant and registration rights. The company will exchange outstanding Term Loans (originating under the Term Loan Credit Agreement dated August 5, 2021) on a dollar-for-dollar basis for Convertible Notes governed by an indenture and will enter a Registration Rights Agreement granting demand and piggyback registration rights for common stock issuable on conversion. A Forbearance Warrant dated September 23, 2025 was issued with an exercise window out to its seventh anniversary and exercise mechanics tied to the 7-day VWAP as of the trading day ending September 22, 2025. Several related documents and amendments were filed or referenced, including a Fifteenth Amendment to the Term Loan Credit Agreement and Forms 3/4 filings by officers.
Quantum Corporation reports that Nasdaq has confirmed the company is back in full compliance with its periodic reporting obligations under Nasdaq Listing Rule 5250(c)(1). The confirmation letter, dated September 12, 2025, states that Quantum now complies with the rule and that the matter is closed, removing the prior listing compliance issue.
Quantum Corporation filed a current report to note that it has released financial results for its fiscal quarter ended June 30, 2025. The company furnished a press release titled “Quantum Reports Fiscal First Quarter 2026 Financial Results” as an exhibit, making the detailed numbers and commentary available outside of this report itself. The furnished material is explicitly not deemed filed for liability purposes under certain securities laws and is not automatically incorporated into other securities documents.
Quantum Corporation announced the appointment of James C. Clancy and Tony J. Blevins to its Board of Directors to serve until the next annual meeting or earlier departure. The new directors will receive the Company’s standard non-employee director compensation and each will be granted a pro-rated portion of a new director equity award in the form of restricted stock units (RSUs). The RSUs vest upon the earlier of one year from award approval or the next annual meeting, subject to continued board service. The company states there are no related-party transactions or family relationships involving the appointees and that offer letters and related agreements are filed as exhibits.
Quantum Corporation disclosed that on August 21, 2025 it received a notice from the Nasdaq Listing Qualifications staff stating the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it did not timely file its Quarterly Report for the fiscal quarter ended June 30, 2025. The company previously filed a Form 12b-25 on August 15, 2025 saying the delay stems from additional time needed to finalize financial statements and for its independent auditors to complete their review, including annual and quarterly periods in the Annual Report for the year ended March 31, 2025. Quantum says it is working to complete the review and file the Quarterly Report within Nasdaq's prescribed timeline. The Nasdaq notice does not have an immediate effect on the listing; the stock will continue to trade while the company addresses the filing requirement.
Quantum Corporation (QMCO) reported the resignation of its Chief Financial Officer, Lewis W. Moorehead, effective August 18, 2025, and appointed Chief Accounting Officer Laura A. Nash as Principal Financial Officer effective the same date. The company said there is no indication of fraud or intentional misconduct affecting its financial statements and has begun a search for a permanent CFO. The filing also updates a previously announced restatement for the quarter ended December 31, 2024: the company expects the restatement to reduce revenue by approximately $3.9 million and produce a similar decrease in net loss from operations for the identified period. The review is ongoing and timing for filing the restatement has not been specified.
Quantum Corporation concluded that its previously issued unaudited interim condensed consolidated financial statements for the fiscal third quarter ended December 31, 2024 are no longer reliable and will be restated. Management identified inconsistencies in service and subscription revenue accounted for under Topic 606 and updated the periods over which revenue is recognized and the standalone selling prices for the fiscal year ended March 31, 2025. The company currently expects the Restatement will decrease revenue and similarly decrease net loss from operations by approximately $3.9 million for the Non-Reliance Period. The Audit Committee determined there were material weaknesses in internal control over financial reporting and disclosure controls related to revenue recognition as of December 31, 2024 and March 31, 2025. Adjustments to other quarters were not material and will be revised in comparative period information. The Audit Committee discussed these matters with Grant Thornton LLP.