Quantum Corporation (QMCO) Financial Statements (2025 and earlier)

Company Profile

Business Address 224 AIRPORT PARKWAY
SAN JOSE, CA 95110
State of Incorp. DE
Fiscal Year End March 31
Industry (SIC) 3572 - Computer Storage Devices (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2024
Q3
9/30/2024
Q2
6/30/2024
Q1
3/31/2024
Q4
12/31/2023
Q3
9/30/2023
Q2
6/30/2023
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments16,71917,28725,69224,37725,57425,465
Cash and cash equivalent16,71917,28725,69224,37725,57425,465
Restricted cash and investments241256168172180200
Receivables51,07361,36467,78860,02051,52966,245
Prepaid expense3,6323,8802,1863,7634,1496,444
Other current assets9,1958,9658,4147,2245,3896,004
Other undisclosed current assets27,99326,98027,53645,83247,25645,293
Total current assets:108,853118,732131,784141,388134,077149,651
Noncurrent Assets
Operating lease, right-of-use asset9,1649,3449,4259,6259,84410,017
Property, plant and equipment11,33410,98812,02813,25114,62115,583
Intangible assets, net (including goodwill)13,71114,17614,63814,95515,78816,770
Goodwill12,96912,96912,96912,96912,96912,969
Intangible assets, net (excluding goodwill)7421,2071,6691,9862,8193,801
Other noncurrent assets20,08419,84919,74019,98620,47418,463
Total noncurrent assets:54,29354,35755,83157,81760,72760,833
TOTAL ASSETS:163,146173,089187,615199,205194,804210,484
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities47,29056,55240,07336,28038,67043,275
Accounts payable30,78931,50926,08722,42626,94630,560
Accrued liabilities16,50125,04313,98613,85411,72412,715
Deferred revenue69,36974,80278,51173,24070,69679,686
Debt1,5795,00082,49682,58782,6815,000
Derivative instruments and hedges, liabilities2,4993,1634,0461,8434,056 
Other undisclosed current liabilities13,86416,09144,81847,28635,19614,894
Total current liabilities:134,601155,608249,944241,236231,299142,855
Noncurrent Liabilities
Long-term debt and lease obligation 28,30035,800   17,800
Long-term debt, excluding current maturities 28,30035,800   17,800
Liabilities, other than long-term debt58,90257,80059,16959,90057,93866,095
Deferred revenue37,16436,75938,17637,28135,33743,903
Other liabilities12,37211,57711,37212,73412,52212,191
Operating lease, liability9,3669,4649,6219,88510,07910,001
Other undisclosed noncurrent liabilities 94,74665,132   77,814
Total noncurrent liabilities:181,948158,73259,16959,90057,938161,709
Total liabilities:316,549314,340309,113301,136289,237304,564
Equity
Equity, attributable to parent(153,403)(141,251)(121,498)(101,931)(94,433)(94,080)
Common stock49959959959956938
Additional paid in capital709,667708,041707,116706,133705,230725,736
Accumulated other comprehensive loss(1,392)(2,051)(2,193)(587)(2,052)(1,332)
Accumulated deficit(861,727)(848,200)(827,380)(808,436)(798,567)(819,422)
Total equity:(153,403)(141,251)(121,498)(101,931)(94,433)(94,080)
TOTAL LIABILITIES AND EQUITY:163,146173,089187,615199,205194,804210,484

Income Statement (P&L) ($ in thousands)

12/31/2024
Q3
9/30/2024
Q2
6/30/2024
Q1
3/31/2024
Q4
12/31/2023
Q3
9/30/2023
Q2
6/30/2023
Q1
Revenues70,46971,3434,19371,92675,68091,787
Cost of revenue
(Cost of Product and Service Sold)
(41,201)(45,208)18,528(42,745)(42,944)(56,854)
Gross profit:29,26826,13522,72129,18132,73634,933
Operating expenses(36,202)(43,860)(35,119)(35,397)(36,448)(40,780)
Operating loss:(6,934)(17,725)(12,398)(6,216)(3,712)(5,847)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(1,334)(41)(4,384)(1,419)367(998)
Interest and debt expense(8,439)(4,485)(6,160)  (3,201)
Loss from continuing operations before equity method investments, income taxes:(16,707)(22,251)(22,942)(7,635)(3,345)(10,046)
Other undisclosed income (loss) from continuing operations before income taxes3,5501,6665,137(1,724)547 
Loss from continuing operations before income taxes:(13,157)(20,585)(17,805)(9,359)(2,798)(10,046)
Income tax expense (benefit)(370)(235)853(510)(533)(530)
Net loss attributable to parent:(13,527)(20,820)(16,952)(9,869)(3,331)(10,576)
Other undisclosed net income available to common stockholders, basic   389   
Net loss available to common stockholders, diluted:(13,527)(20,820)(16,563)(9,869)(3,331)(10,576)

Comprehensive Income ($ in thousands)

12/31/2024
Q3
9/30/2024
Q2
6/30/2024
Q1
3/31/2024
Q4
12/31/2023
Q3
9/30/2023
Q2
6/30/2023
Q1
Net loss:(13,527)(20,820)(16,952)(9,869)(3,331)(10,576)
Comprehensive loss:(13,527)(20,820)(16,952)(9,869)(3,331)(10,576)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent6591424821,465(720)249
Comprehensive loss, net of tax, attributable to parent:(12,868)(20,678)(16,470)(8,404)(4,051)(10,327)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: