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Quantum CorporationQMCOCompetitor analysis, valuation and peers

United States · USD·Information Technology›Computer Peripherals

Makes data storage and management systems, including tape backup and video surveillance storage, for enterprises.

Momentum leader 97
Mkt cap
$570M
US dollars, full cap
Free float
62%
of shares outstanding
$/day
$10.3M
20-day average traded
Fwd P/E
27.1×
forward earnings
ROIC−WACC
n/a
WACC 19.6%
Hurdle
n/a
no reverse DCF
Next earnings
7 days
13 Nov 2026
Close · USD$11.78
1Dn/a
1W+11.6%
1M+17.6%
3M+22.4%
6M+100.0%
YTD+82.6%
1Y+48.7%
ATR %9.7%
Beta3.36
52w lowhigh36.3% off high

What Quantum does

Makes data storage and management systems, including tape backup and video surveillance storage, for enterprises.

Sells hardware once and then earns repeat income from maintenance and support contracts on the systems already installed. Tape libraries for long-term archives and StorNext software for sharing large video files are the core, and its customers are media companies and agencies that hold big archives.

Products and services

  • Tape storage systems (Scalar)
  • Primary/secondary disk storage
  • Video/surveillance storage (StorNext)

Customers

  • Enterprises/data centers
  • Media and entertainment companies
  • Government/surveillance customers

Where it sits in the supply chain

  • Information Technology
  • Computer Peripherals
  • Data storage systems

What could go right

  • Data growth driving archival storage demand
  • AI/video surveillance storage growth

What could go wrong

  • Structural decline in enterprise tape usage
  • High financial leverage

Moat: narrow (installed base, IP / patents). Long-standing tape storage installed base and StorNext file system, but a shrinking, legacy-technology niche.

Headquarters: San Jose, California, US · Founded: 1980 · Employees: 490

Named competitors

Quantum at a glance

Size Quantum (QMCO) is a United States Information Technology company (Computer Peripherals) with a market value of $570M, the 2602nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $11.78 on 6 Nov 2026.

Performance Over six months the shares gained 100.0%, against -12.4% for the median peer and -1.1% for the United States market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 10.9% over the last twelve months (peer median +7.6%); the operating margin is -0.4% (peer median 4.1%).

Valuation It trades at 27.1× forward earnings against a peer median of 21.7× (5th most expensive of 13).

Backlog Backlog (remaining performance obligations) was $166M at 30 Jun 2026, up 33% on a year earlier — 0.6 years of trailing revenue. Backlog detail →

Short interest Short interest is 7.8% of the free float (15 Oct 2026).

Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).

Relative performance

10020011 May 202611 Aug 20266 Nov 2026QMCO 198Peer median 87
Six months, rebased to 100: Quantum against the median of its 20 peers (local-currency closes).

Quantum financials

Reported figures in USD; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$296M$280M$274M$312M$422M
Revenue growth—+2%-12%-26%—
Gross profit$112M$103M$110M$125M$143M
EBITDA$4.56M-$11.1M-$32.0M-$16.3M-$4.96M
Net income-$239M-$101M-$115M-$41.3M-$18.4M
Free cash flow-$20.9M-$39.6M-$28.6M-$16.0M-$17.5M
Capital expenditure$909,000$1.71M$4.95M$5.87M$12.6M
Total debt$8.86M$154M$133M$120M$99.6M

Quarterly statements and history in the cockpit →

Quantum competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+50%+100%-40%-20%0%6727300248SSYS002362300559BLZE5425300647657962870005098271PCT300311300368300689MUBQMCO6-month return →1-month return →
Up and to the right = strong over both horizons. Quantum is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%0×25×50×75×6727300248SSYS002362300559BLZE542562878271003019300531QMCORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Quantum is the large dot.

Quantum competitors and peer comparison

Head to head with its named competitors (QMCO vs DELL vs NTAP vs IBM)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Quantum QMCO$570M+100%+11%0%27.1×n/a
Dell Technologies DELL$209B+26%+49%10%11.6×10.1%
NetApp NTAP$33.2B+43%+12%26%17.0×15.2%
IBM IBM$232B+6%+7%21%18.8×7.6%

How Quantum compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Quantum against its 20 peers (data as of 6 Nov 2026)
MeasureQMCOPeer medianRank in peer set
1-month return+17.6%-18.5%highest of 21
6-month return+100.0%-12.4%highest of 21
Distance from 52-week high-36.3%-39.2%10th highest of 21
Revenue growth (TTM)+10.9%+7.6%10th highest of 21
Operating margin-0.4%4.1%8th lowest of 21
Forward P/E27.1×21.7×5th most expensive of 13
Net debt / EBITDA-10.0×-0.7×least indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Quantum QMCOUnited States$570M+100%+11%0%27.1×n/an/a
Wacom 6727.TJapan$570M-6%-3%13%9.3×-6.0%+0.3%
Newcapec Electronics 300248.SZChina$567M-17%+1%1%32.0×21.5%+0.9%
Stratasys SSYSUnited States$565M-25%-3%-14%45.9×n/an/a
Hanwang Technology 002362.SZChina$596M-12%-2%-13%81.8×n/an/a
Chengdu Jiafaantai Education Technology 300559.SZChina$602M-26%-26%0%35.5×35.7%-6.0%
Backblaze BLZEUnited States$523M+10%+17%-4%26.7×12.7%+22.1%
Taiwan Semiconductor 5425.TWOTaiwan$520M+7%+5%9%18.3×7.6%+11.6%
Shenzhen Fluence Technology 300647.SZChina$517M+7%+12%-20%n/an/an/a
AAEON Technology 6579.TWTaiwan$633M-10%+30%9%n/an/an/a
Sato 6287.TJapan$508M+19%+10%7%9.9×-11.3%+8.4%
Huasu 000509.SZChina$502M-13%-23%-2%n/an/an/a
Apacer Technology 8271.TWTaiwan$655M-28%+182%31%2.1×n/an/a
PC Partner PCT.SISingapore$662M+4%+18%7%7.4×n/an/a
Surfilter Network Technology 300311.SZChina$488M-11%+15%7%n/an/an/a
Hebei Huijin 300368.SZChina$667M-17%-18%-124%n/an/an/a
TES Touch Embedded Solutions (Xiamen) 003019.SZChina$668M-28%+24%8%20.7×n/an/a
Shenzhen Chengtian Weiye Technology Co 300689.SZChina$679M-27%+19%0%n/an/an/a
Shenzhen Minde Electronics Technology 300656.SZChina$681M-13%-14%-60%n/an/an/a
Muhlbauer Holding AG & Co. KGaA MUB.DEGermany$684M+9%+2%7%n/a-4.9%+11.4%
Urovo Technology 300531.SZChina$693M-23%+33%8%22.8×n/an/a

Quantum backlog

Quantum reported $166M of remaining performance obligations at 30 Jun 2026, up 33% from a year earlier and up 2% from the previous quarter. That is 0.6 years of trailing revenue already under contract. Book-to-bill last quarter: 1.03.

Questions

Who are Quantum's main competitors?
Named competitors: Dell Technologies (DELL), NetApp (NTAP), IBM (tape storage) (IBM). The cockpit's measured peer set (industry) also includes Wacom (6727.T), Newcapec Electronics (300248.SZ), Stratasys (SSYS), Hanwang Technology (002362.SZ), Chengdu Jiafaantai Education Technology (300559.SZ), Backblaze (BLZE).
Is Quantum expensive compared with its peers?
On forward p/e it trades at 27.1× against a peer median of 21.7×, 5th most expensive of 13 in its peer set.
How has Quantum stock performed?
Over six months to 6 Nov 2026 the shares returned +100.0% against -12.4% for the median peer; over one year +48.7%.
What is Quantum's backlog?
Quantum's remaining performance obligations (contracted revenue not yet recognised) were $166M at 30 Jun 2026, +33% on a year earlier.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.