---
schema_version: "secwatch.filing_event.v1"
accession: "0000709283-24-000035"
form_type: "8-K"
ticker: "QMCO"
cik: "0000709283"
company_name: "QUANTUM CORP /DE/"
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:23:46.055547+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Quantum Corporation reports fiscal Q2 2025 revenue of $70.5M, net loss of $13.5M

## Summary
- Revenue fell 6.9% YoY to $70.5M; GAAP net loss widened to $13.5M from $3.3M in prior-year quarter.
- Subscription ARR grew 28% YoY to $19.6M; adjusted EBITDA was nearly breakeven at -$0.3M.
- CEO cited supply chain headwinds leading to higher backlog, but gross margin improved 490 bps sequentially to 41.5%.
- Debt increased: total term loan $104.7M, revolving credit $28.3M; cash and restricted cash fell to $17.0M.
- Guides fiscal Q3 revenue ~$72M and adjusted EBITDA ~$2M, with non-GAAP net loss per share of ($0.75).

## SEC filing metadata
- accession: 0000709283-24-000035
- form_type: 8-K
- ticker: QMCO
- cik: 0000709283
- company_name: QUANTUM CORP /DE/
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/709283/000070928324000035/0000709283-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/709283/000070928324000035/qtm-20241113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000709283-24-000035
- JSON: https://secwatch.observer/filing/0000709283-24-000035.json
- Plain text: https://secwatch.observer/filing/0000709283-24-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.