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AI brief of an SEC Form 8-K · QUANTUM CORP /DE/ (QMCO)

Quantum Revenue Up 42.9% to $89.6 Million; GAAP Net Loss $44.8 Million

Mixed Impact 3 of 5 earnings

Quantum Corporation reported fiscal second quarter 2027 revenue of $89.6 million, up 42.9% from $62.7 million a year earlier, and non-GAAP adjusted net income of $9.8 million, or $0.25 per share. GAAP net loss was $44.8 million, or $1.14 per share, including a $51.6 million non-cash charge from changes in the fair value of warrant liabilities. The company guided fiscal third quarter 2027 revenue to $91.0 million, plus or minus $2 million.

Key points

  • Revenue of $89.6 million, up 42.9% year over year and 11% sequentially, with gross margin of 41.0%
  • GAAP net loss of $44.8 million, or $1.14 per share, including a $51.6 million warrant liability charge
  • Non-GAAP adjusted net income of $9.8 million, or $0.25 per share, versus an adjusted net loss of $7.1 million a year earlier
  • Q3 fiscal 2027 guidance: revenue of $91.0 million plus or minus $2 million; non-GAAP adjusted EBITDA of $9.1 million plus or minus $1 million

The filing

CompanyQUANTUM CORP /DE/ (QMCO)
Form8-K, current report
Filed with the SECNov 9, 2026, 4:12 PM ET
Accession number0001628280-26-072188

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 7:16 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.