Quantum Corp
quantum.comWhat Do They Do?
Sells storage systems, data-management software and tape media to enterprises, government agencies and original equipment manufacturers.
10-K for FY2026, filed Jun 25, 2026Our portfolio of products includes primary storage software and systems, secondary storage software and systems, as well as devices and…View ↗
ActiveScale Object Storage Software: Extremely scalable and durable storage for building massive data lakes, storage clouds, and cold…View ↗
Devices and Media includes the sale of standalone linear-tape open tape drives for small business data protection and archiving, and…View ↗
We utilize distributors, value-added resellers ("VARs") and direct market resellers ("DMRs") in our sales process. Our reseller program…View ↗
We sell our products to several original equipment manufacturer ("OEM") customers that resell our hardware products under their own brand…View ↗
How Do They Make Money?
Quantum sells hardware and software products, support and subscriptions, and licenses intellectual property. Product sales are earned when customers accept products or shipping terms apply; support is earned over service terms, and licensees owe royalties per covered unit sold.
10-K for FY2026, filed Jun 25, 2026The Company's product revenue is comprised of multiple storage solution hardware and software offerings targeted towards consumer and…View ↗
Customers have the option to choose between different levels of hardware and software support. The Company's support plans include various…View ↗
The Company also sells software subscriptions that include term licenses, which are recognized as revenue when the license is delivered to…View ↗
The Company licenses certain intellectual property to third-party manufacturers which gives the manufacturers rights to intellectual…View ↗
$279.6M
-
10-K for FY2026, filed Jun 25, 2026
$279.6M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Product
Sold outright
10-K for FY2026, filed Jun 25, 2026 |
62%
FY2023: 65%
|
Product, FY2026
$172.4M Sources
|
Sold outright |
|
Service and subscription
Mix
10-K for FY2026, filed Jun 25, 2026 |
35%
FY2023: 32%
|
Service and subscription, FY2026
$99.2M Sources
|
Mix |
|
Royalty
Licensed
|
2.9%
FY2023: 3.3%
|
Royalty, FY2026
$8M Sources
|
Licensed |
Who Are Their Customers?
Quantum sells through distributors, resellers and OEMs to end users, and directly to large corporations and government agencies. End users include hyperscale and technology companies, media and industrial organizations, and public-sector, health, life-sciences and financial customers.
10-K for FY2026, filed Jun 25, 2026We utilize distributors, value-added resellers ("VARs") and direct market resellers ("DMRs") in our sales process. Our reseller program…View ↗
We sell our products to several original equipment manufacturer ("OEM") customers that resell our hardware products under their own brand…View ↗
We provide solutions to multiple industries globally. Historically, our primary customers are in hyperscale, technology and industrial…View ↗
Do Revenues Turn Into Profits?
No. It lost $101M in FY2026.
10-K for FY2026, filed Jun 25, 2026
−$24.5MView ↗
10-K for FY2026, filed Jun 25, 2026
−$101MView ↗
10-K for FY2026, filed Jun 25, 2026
−$39.6MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q1 FY2027, filed Aug 11, 2026
−$155.3MView ↗
- ▲ +803% (Loss)
- vs −$17.2M in Q1 FY2026
10-Q for Q1 FY2027, filed Aug 11, 2026
Open tableView ↗
Shrinking. Revenue fell 25% in 4 years, from $372.8M in FY2022 to $279.6M in FY2026, about 7% a year.
Who Do They Compete With?
Competes with Dell, IBM, NetApp, BDT Products, Hewlett Packard Enterprise, and Veritas Technologies
10-K for FY2026, filed Jun 25, 2026Our primary storage solutions, including object storage systems, primarily face competition from the EMC business unit of Dell Inc.…View ↗
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