LinkedIn
WebsiteIntroduction
Quantum Corporation (NASDAQ: QMCO) is a San Jose, California–based provider of data storage, management, and protection solutions for video and other unstructured data. Founded in 1980, the company offers hardware, software, and cloud-based services designed to ingest, protect, and preserve data throughout its lifecycle. Quantum’s offerings serve enterprises, media and entertainment firms, government agencies, and life-science organizations globally.
Corporate Structure and Workforce
According to its LinkedIn profile, Quantum employs between 501 and 1,000 staff across engineering, sales, professional services, and support functions. The company maintains offices in North America, Europe, Asia, and other regions. Over 45 years of operation have included technology development in tape libraries, hybrid storage arrays, and parallel file systems, as well as a strategic focus since 2018 on end-to-end data management solutions.
Data storage by Joshua Sortino
Recent Developments and News
- Stock Performance (September 19, 2025): QMCO closed at $10.94, reflecting a 29.47% increase on a volume of 4,548,491 shares traded.
- Regulatory Penalty (September 30, 2024): The U.S. Department of Commerce’s Bureau of Industry and Security imposed a civil penalty of $151,875 for alleged antiboycott reporting violations covering transactions from July 2018 to December 2019.
- Product Launch (April 2023): Introduction of Myriad, a scale-out software-defined unstructured data storage platform capable of running on Quantum-supplied hardware or public cloud infrastructure.
- Collaborations: In October 2021, Quantum and IBM announced a partnership to develop the next generation of Linear Tape-Open (LTO-10) technology.
- Strategic Acquisitions (2020–2021): Acquired ActiveScale object storage from Western Digital, CatDV media asset management from Square Box Systems, and video surveillance software assets from Pivot3.
Financial and Strategic Analysis
Quantum’s financial metrics for the trailing twelve-month period ending September 19, 2025, are summarized below:
| Metric | Value |
|---|---|
| Stock Price (09/19/2025) | $10.94 (+29.47%) |
| Volume (09/19/2025) | 4,548,491 |
| Market Capitalization | $123.7 million |
| Revenue (TTM) | $266.1 million |
| Net Income (TTM) | – $112.4 million |
| EPS (TTM) | – $22.35 |
| Profit Margin | – 42.24% |
| Price/Sales (TTM) | 0.16 |
| Enterprise Value/Revenue | 0.84 |
| Total Cash (MRQ) | $37.4 million |
| 1-Year Target Estimate | $11.50 |
The company continues to report a net loss while investing in product development and cloud services. Its Price/Sales ratio of 0.16 and Enterprise Value/Revenue of 0.84 indicate valuation levels below many peers in the data management sector. A beta of 2.65 suggests higher stock price volatility compared to the S&P 500.
Market Position and Industry Context
Quantum competes in the unstructured data storage market alongside established vendors of hard-disk, tape, and object storage solutions. The StorNext parallel file system and hybrid storage arrays target high-performance applications such as media production, scientific research, and surveillance. The March 2023 Myriad platform positions the company to address growing demand for software-defined storage in edge, core, and cloud environments. Dual listing on NASDAQ (QMCO) and Börse Frankfurt (QNT2) facilitates access to global capital markets. Industries increasingly face rising data volumes driven by developments in AI, video analytics, and cloud migration—factors contributing to demand for lifecycle-oriented data management.
tl;dr
On September 19, 2025, Quantum’s stock increased by 29.47% to $10.94 on substantial trading volume. The company is focusing on growth through its Myriad software-defined storage platform and ongoing cloud services, while preparing to report fourth-quarter results on August 18, 2025. A 1-year analyst target of $11.50 indicates potential upward movement, as Quantum manages continued net losses against investments in new storage technologies.
