15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 4.4% per year over the past 5 years.
Operating margin has contracted, at -8.8% in the latest year.
Financial health
Total debt ($90M) exceeds cash ($16M); net debt is $74M.
Total debt has grown faster than revenue (-0.2% vs -4.4% per year).
Operating income covered interest expense -1.1× in the latest year.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2026
$280M
-$101M
36.9%
-8.8%
50.8%
-64.4%
-$40M
$90M
$16M
2025
$274M
-$115M
40.1%
-15.2%
70.0%
-74.1%
-$29M
$0
$16M
2024
$312M
-$41M
40.1%
-9.3%
34.0%
-22.0%
-$16M
$0
$26M
2023
$422M
-$18M
33.9%
-4.0%
21.8%
-8.6%
-$17M
$83M
$26M
2022
$383M
$38M
41.1%
-0.8%
-26.7%
19.0%
-$40M
$107M
$5M
2021
$350M
-$35M
43.1%
2.4%
17.7%
-18.2%
-$8M
$91M
$27M
2020
$403M
-$5M
42.8%
5.3%
2.6%
-3.1%
-$4M
$147M
$6M
2019
$403M
-$43M
41.6%
-1.2%
21.4%
-24.8%
-$20M
$146M
$11M
2018
$438M
-$43M
39.5%
-6.5%
25.0%
-21.4%
-$8M
$116M
$11M
2017
—
-$2M
—
—
1.7%
-1.1%
$6M
$65M
$13M
2016
—
-$76M
—
—
53.4%
-33.1%
-$15M
$63M
$34M
2015
—
$17M
—
—
-29.6%
4.8%
$3M
$154M
$68M
2014
—
-$21M
—
—
25.3%
-5.9%
$30M
$204M
$99M
2013
—
-$52M
—
—
63.4%
-14.1%
-$2M
$205M
$69M
2012
—
-$9M
—
—
19.4%
-2.3%
$34M
$184M
$51M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$81M
-$155M
39.3%
6.2%
558.1%
-80.9%
$552000
$0
$54M
Mar '26
$78M
-$10M
35.7%
-3.3%
4.8%
-6.1%
-$1M
$90M
$16M
Dec '25
$75M
-$28M
38.8%
-1.6%
15.1%
-18.7%
-$4M
$76M
$13M
Sep '25
$63M
-$46M
37.6%
-13.0%
28.9%
-33.7%
-$16M
$0
$15M
Jun '25
$64M
-$17M
35.3%
-19.6%
15.0%
-10.2%
-$18M
$0
$37M
Mar '25
$61M
-$8M
39.6%
-18.9%
4.7%
-5.0%
-$4M
$0
$16M
Dec '24
$69M
-$75M
40.6%
-11.3%
38.3%
-44.8%
-$4M
$0
$20M
Sep '24
$72M
-$12M
42.7%
-7.7%
8.0%
-7.4%
-$17M
$123M
$17M
Jun '24
$72M
-$20M
37.4%
-23.3%
14.2%
-11.5%
-$4M
$101M
$17M
Mar '24
$72M
-$19M
38.2%
-19.3%
15.6%
-10.1%
$10M
$0
$26M
Dec '23
$72M
-$10M
40.6%
-8.6%
9.7%
-5.0%
-$10M
$0
$24M
Sep '23
$76M
-$3M
43.3%
-4.9%
3.5%
-1.7%
-$4M
$0
$26M
Jun '23
$92M
-$9M
38.5%
-5.6%
10.0%
-4.3%
-$12M
$96M
$25M
Mar '23
$109M
-$10M
32.6%
-5.2%
12.1%
-4.8%
$13M
$83M
$26M
Dec '22
$113M
$113000
37.5%
3.6%
-0.1%
0.0%
-$5M
$95M
$26M
Sep '22
$101M
-$7M
29.1%
-9.7%
9.0%
-3.5%
-$4M
$90M
$26M
Jun '22
$97M
-$10M
35.1%
-7.3%
13.4%
-4.6%
-$21M
$86M
$27M
Mar '22
$95M
-$8M
38.0%
-5.9%
5.4%
-3.9%
-$9M
$107M
$5M
Dec '21
$95M
-$11M
36.9%
-7.6%
9.0%
-5.9%
-$13M
$98M
$4M
Sep '21
$93M
-$9M
41.2%
-1.0%
8.0%
-4.7%
-$10M
$101M
$23M
Valuation over time
How the market has priced QMCO against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 1.9× (Mar '23) to 3.4× (Sep '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is QMCO growing its revenue and profit?
Over the past 5 years, Quantum Corp /De/'s revenue has declined 4.4% per year. These are computed facts, not advice.
How much debt does QMCO have?
As of FY2026, Quantum Corp /De/ reported $90M of total debt against $16M of cash; operating income covered interest expense -1.1×.
What is QMCO's profit margin?
In FY2026, gross margin was 36.9%, operating margin -8.8%, and net margin -36.1%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.