QUANTUM CORP /DE/

CIK: 7092832 Annual ReportsLatest: 2026-06-25
Revenue: $279,581,000Net Income: -$101,000,000Source 10-K
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.

10-K / June 25, 2026

Revenue:$279,581,000
Income:-$101,000,000

10-K / June 28, 2024

Revenue:$311,600,000
Income:-$41,286,000

10-K / June 25, 2026

Quantum Corporation

Overview

Quantum delivers end-to-end data management solutions for unstructured data, supporting high-performance ingest and large, durable data lakes for AI workloads. The company focuses on video, images, audio, and other large files and emphasizes extracting value from unstructured data through long-term capture, protection, and storage.

Core offerings

  • Primary storage software and systems
    • StorNext Hybrid Flash/Disk File Storage Software: for video editing, post-production, streaming, and large digital archives
    • Unified Surveillance Platform Software: unified compute and storage for video surveillance recording, storage, and analytics
  • Secondary storage software and systems
    • ActiveScale Object Storage Software: scalable, durable storage for data lakes, storage clouds, and cold archives
    • DXi Backup Appliances: high-speed backup, recovery, and multisite data protection
    • Scalar Tape Storage: low-cost, secure long-term archival storage used by hyperscalers and enterprises
  • Other storage and data management offerings
    • CatDV Asset Management Software: indexing, cataloging, AI data enrichment, and workflow orchestration to improve searchability and accessibility
    • Devices and media: standalone linear-tape drives and open media for tape storage systems
    • Services: 24x7x365 global support, deployment and consulting, education services; MyQuantum Service Delivery Platform; Cloud-Based Analytics (CBA) AIOps for proactive remote monitoring; Quantum-as-a-Service

Market positioning

Quantum specializes in unstructured data across video, imagery, audio, and large files, supporting the entire data lifecycle from ingestion to long-term storage and analytics. The company positions itself as a comprehensive, cost-efficient solution for AI-related data management.

Customers and business relationships

  • Customer concentration
    • Top five customers represented 27% of revenue in fiscal 2026 and 21% in fiscal 2025
    • One customer represented more than 10% of total revenue in fiscal 2026; no customer represented 10% or more in fiscal 2025
  • Sales model
    • Heavy use of indirect channels: distributors, value-added resellers (VARs), and direct market resellers (DMRs)
    • OEM relationships where hardware is resold under partner brands or software is licensed for inclusion in partner products
  • Markets served
    • Hyperscale, technology and industrial, media and entertainment, federal government, life sciences and healthcare, and financial services

Employees and people

  • Global workforce: approximately 490 employees as of March 31, 2026
    • Geographic distribution: 231 in North America, 133 in APAC, 126 in Europe, the Middle East, and Africa (EMEA)
  • People strategy: emphasis on inclusive, diverse, high-performing teams with ongoing talent development, leadership initiatives, and external training for compliance and harassment prevention

Geography and facilities

  • Headquarters: Centennial, Colorado
  • Facilities: leased locations in North America, Europe, and Asia Pacific
  • Manufacturing and supply chain
    • Global supply chain with contract manufacturers in the U.S. and Mexico; tape media manufactured in Japan
    • Some components and lead times are constrained; management actions include alternate component qualifications and model changes to improve logistics

Intellectual property

  • Patents: 166 U.S. patents as of March 31, 2026; may hold foreign patents and applications
  • Licensing and open source
    • Some products include third-party licensed technology, requiring periodic renewals or mitigation of dependencies
    • Uses open source software in its products, with associated compliance and attribution responsibilities

Risk and compliance

  • Public company obligations: Nasdaq listing with prior compliance issues and remediation efforts; internal control weaknesses reported in 2025 and 2026
  • Supply chain and operations: reliance on single contract manufacturers for some products and spare parts; single supplier risk for certain components; dependencies on third-party logistics providers
  • Cybersecurity: maintains a Cyber Incident Evaluation Committee (CIEC) and an Incident Response Plan (IRP); uses external experts for ongoing risk monitoring
  • Regulatory and environmental: subject to U.S. and international laws on data protection, export/import, and corporate governance; exposed to changes in foreign regulation and open-source license compliance requirements

Corporate and financial notes

  • Leadership changes: CEO appointment effective June 2, 2025; CFO appointment effective February 2026
  • Dividends: the company has never paid dividends and does not anticipate paying them in the foreseeable future

Snapshot

Quantum offers a broad portfolio of software, hardware, and services for unstructured data management, with integrated storage tiers from high-performance file systems to tape archives, asset management tools, and global support. The company operates globally with a partner-driven sales model and maintains an active patent portfolio and ongoing risk-management programs.