Quarterly ResultJun 25, 2026, 04:27 PM
Quantum Q4 Revenue $78.0M, up 27%; Adj. Net Loss ($0.21)/Share
AI Summary
Quantum Corporation reported strong fiscal fourth quarter and full year 2026 financial results. Q4 revenue increased 27% year-over-year to $78.0 million, surpassing guidance, and non-GAAP adjusted net loss improved significantly to ($0.21) per share. The company's CEO highlighted robust demand for tiered storage solutions driven by AI and noted strategic improvements including debt elimination and a strengthened balance sheet. Quantum also provided positive guidance for the first quarter of fiscal year 2027.
Key Highlights
- Fiscal Q4 2026 revenue increased 27% year-over-year to $78.0 million, exceeding guidance.
- Fiscal Q4 2026 non-GAAP adjusted net loss was ($0.21) per share, a $9 million improvement year-over-year.
- Fiscal Q4 2026 adjusted EBITDA was $1.0 million, compared to negative $3.9 million in prior year.
- Fiscal Year 2026 total revenue was $279.6 million, up from $274.1 million in FY2025.
- Cash, cash equivalents, and restricted cash were $16.2 million as of March 31, 2026.
- Outstanding term loan debt was $55.9 million, down from $102.5 million as of March 31, 2025.
- Fiscal Q1 2027 revenue guidance is $75.0 million, plus or minus $2 million.
- Fiscal Q1 2027 non-GAAP adjusted basic net loss per share guidance is ($0.15), plus or minus $0.10.
Price Impact
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