Quantum Corporation (QMCO) reported fiscal first-quarter 2027 revenue of $80.8 million for the period ended June 30, 2026, up 26% from $64.3 million in the prior-year quarter. The company reported a GAAP net loss of $155.3 million, or $7.06 per share, primarily due to one-time charges tied to debt elimination transactions.
Quantum said non-GAAP adjusted net income was $4.0 million, or $0.18 per diluted share, and non-GAAP adjusted EBITDA was $8.0 million. The company also reported cash, cash equivalents and restricted cash of $54.6 million and zero outstanding debt as of June 30, 2026.
- Revenue $80.8 million, above guidance of $75.0 million plus or minus $2.0 million
- GAAP net loss $155.3 million, compared with a net loss of $17.2 million a year earlier
- GAAP gross profit $31.7 million, or 39.3% of revenue
- GAAP operating expenses $26.7 million, down from $35.3 million in the prior-year quarter
- Debt Total outstanding debt was zero as of June 30, 2026, compared with $104.3 million a year earlier
- Guidance Fiscal second-quarter 2027 revenue is expected to be $82.0 million, plus or minus $2.0 million
$QMCO Insider Trading Activity
$QMCO insiders have traded $QMCO stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $QMCO stock by insiders over the last 6 months:
- HUGUES MEYRATH (President & CEO) sold 6,232 shares for an estimated $65,498
- ANTHONY CRAYTHORNE (Chief Revenue Officer) sold 1,478 shares for an estimated $15,856
- LAURA A. NASH (Chief Accounting Officer) has made 0 purchases and 2 sales selling 369 shares for an estimated $3,325.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$QMCO Hedge Fund Activity
We have seen 18 institutional investors add shares of $QMCO stock to their portfolio, and 21 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PORTOLAN CAPITAL MANAGEMENT, LLC removed 477,214 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $2,266,766
- WALLEYE CAPITAL LLC added 120,044 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,320,484
- SONA ASSET MANAGEMENT (US) LLC added 70,092 shares (+inf%) to their portfolio in Q1 2026, for an estimated $332,937
- UBS GROUP AG removed 66,770 shares (-40.3%) from their portfolio in Q1 2026, for an estimated $317,157
- BLACKROCK, INC. added 55,498 shares (+25.5%) to their portfolio in Q2 2026, for an estimated $610,478
- CYGNUS CAPITAL ADVISORS, LLC added 54,663 shares (+78.7%) to their portfolio in Q1 2026, for an estimated $259,649
- LPL FINANCIAL LLC removed 24,598 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $270,578
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
