Quantum Q2 FY2026 rev $62.7M; GAAP net loss $46.5M on $25.4M debt extinguishment

QUANTUM CORP /DE/

2026-Q2 EPS reported -$5.65 revenue$127,002,000

Revenue $62.7M at high-end of guidance ($61-63M), down from $71.8M YoY.
GAAP net loss $46.5M ($3.49/share) vs. $12.2M YoY; includes $25.4M non-cash debt-extinguishment loss.
Non-GAAP adjusted EBITDA positive $0.5M; non-GAAP op. expenses fell >$5M YoY to $24.8M.
Q3 FY2026 guidance: revenue ~$67M ±$2M, adj. EBITDA positive $1M ±$1M, adj. EPS ($0.51).
CEO cites recent debt-exchange proposal, restructuring traction, and new sales leadership.

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