Quantum(DE:QNT)
€14.00-0.90 (-6.07%)
DE:QNT
Quantum earnings date
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At close:-0.90 (-6.07%)
Quantum (QNT) Q2 2027 Earnings Report
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DE:QNT Q2 2027 EPS Results
- Actual EPS
- EUR 0.23
- Consensus EPS
- EUR 0.11
- Beat/Miss
- Beat by +EUR 0.11
- One Year Ago EPS
- -EUR 0.49
DE:QNT Q2 2027 Revenue Results
- Actual Revenue
- EUR 81.30M
- Expected Revenue
- EUR 74.66M
- Beat/Miss
- Beat by +EUR 6.64M
- YoY Revenue Growth
- +42.91%
Earnings Announcement Details
- Quarter
- Q2 2027
- Date
- 11/09/2026
- Time
- After Close
- Conference Call
- Monday, November 9, 2026
DE:QNT Upcoming Earnings
Quantum's next earnings date is estimated for January 27, 2027, based on past reporting schedules.
Q2 2027 Earnings Call Audio
DE:QNT Q2 2027 Earnings Call
0:00 / 0:00
Q2 2027 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2027 Earnings Call Summary
Earnings Call Sentiment|Positive
The call was strongly positive overall. Quantum reported substantial year-over-year revenue growth, record backlog and bookings, improved gross margin, positive adjusted net income, strong adjusted EBITDA, positive operating cash flow, and a debt-free balance sheet. The company also highlighted major hyperscaler and ActiveScale wins and a positive fiscal Q3 revenue outlook. These strengths outweighed ongoing supply constraints, component pricing volatility, market uncertainty, a significant GAAP net loss driven partly by warrant-liability valuation changes, and expected sequentially lower Q3 adjusted EBITDA.
Company Guidance
For fiscal third quarter of 2027, Quantum expects revenue to be approximately $91 million, plus or minus $2 million, representing approximately 22% growth year-over-year at the midpoint; non-GAAP operating expenses are expected to be approximately $28 million, plus or minus $1 million; non-GAAP net income per share is anticipated to be $0.20, plus or minus $0.10 per share, based on an estimated 39.5 million weighted average basic shares outstanding; and adjusted EBITDA is expected to be $9.1 million, plus or minus $1 million. Near-term revenue upside is expected to be a function of the ability to secure components in a supply-constrained environment and ship incremental orders, and the goal for margins in the next 18 months is 43%.
- Strong Revenue Growth and Record ProfitabilityFiscal Q2 revenue was $89.6 million, up approximately 43% year-over-year and 11% sequentially, driven by strong demand across the business, particularly the secondary storage portfolio. Quantum generated more EBITDA in the quarter than in the previous 7 fiscal years combined.
- Revenue Exceeded GuidanceRevenue exceeded the high end of the $82 million, plus or minus $2 million, guidance range, primarily due to price and volume mix.
- Record Invoicing and BacklogThe company achieved record core invoicing and ended the quarter with a record backlog of nearly $100 million.
- Broad-Based Regional and Customer DemandRevenue increased year-over-year across all regions, driven by secondary storage solutions. Hyperscale customer demand increased more than 2.6x year-over-year, while enterprise demand remained robust.
- Distribution Expansion in ChinaQuantum's partner in China grew from zero to well above $30 million in one year, supporting the company's strategy to evolve its distribution model.
- Record ActiveScale Cold Storage TractionQuantum secured the largest ActiveScale order in company history and closed multiple 7-figure ActiveScale Cold Storage opportunities across a broad range of customer use cases.
- Major Hyperscaler Scalar i7 RAPTOR WinA major hyperscaler selected Quantum Scalar i7 RAPTOR after an evaluation process spanning more than 3 years, with reliability, density, and infrastructure efficiency identified as key differentiators. The deployment represented one of the most significant purchase orders in Quantum's history.
- Expected i7 RAPTOR Production RampQuantum expects i7 RAPTOR production to ramp significantly in the coming quarters as it becomes a preferred choice for high-density, high-performance cold storage environments.
- Growing Strategic Use of TapeThe company is seeing multi-quarter demand planning from 4 hyperscale customers and expects to add more accounts in the coming quarters. Management said tape is becoming increasingly strategic to hyperscalers' long-term growth as AI places strain on infrastructure.
- Fujifilm Capacity ExpansionFujifilm has announced plans to quintuple production in the coming years, which management described as further validation that tape is entering a sustained growth cycle.
- Larger North American TransactionsQuantum achieved record bookings in North America and closed nearly twice as many core transactions above $0.5 million compared with the prior-year period, including 50% growth in deals exceeding $1 million.
- Channel and Enterprise Business GrowthCore channel business grew approximately 30% year-over-year globally, reflecting continued strength in the enterprise business.
- ActiveScale Expansion PotentialActiveScale Cold Storage continued to make consistent progress in the enterprise. Management said the product combines flash, disk, and tape and has potential to expand into MSPs and neoscalers in the next year or so.
- Cross-Selling and Account ExpansionQuantum continued to cross-sell additional technologies into accounts that had previously deployed only a single product line, with opportunities across hyperscale, critical infrastructure, government, and enterprise environments.
- Autonomous Data Management LaunchQuantum announced Quantum Autonomous Data Management, or ADM, which combines data intelligence with action and is integrated with ActiveScale Cold Storage and the tape portfolio to optimize data placement based on value, risk, and cost.
- Gross Margin ExpansionGAAP gross margin reached 41%, up 170 basis points sequentially and 340 basis points year-over-year, reflecting stronger pricing and cost execution. Management's goal is to get back to closer to 43% as soon as possible, with a goal of 43% within the next 18 months.
- Improved Operating Income and Adjusted Net IncomeGAAP operating income was $6.8 million and non-GAAP operating income was $9.9 million, compared with $6.6 million of non-GAAP operating income in the prior quarter and a $0.6 million non-GAAP operating loss in the prior-year quarter. Non-GAAP net income was $9.8 million, or $0.25 per share, compared with $4 million, or $0.18 per share, in the prior quarter and a $7.1 million loss, or $0.54 per share, in the prior-year quarter.
- Adjusted EBITDA GrowthAdjusted EBITDA was positive $11.1 million, $4.1 million above the high end of guidance, compared with positive $8 million in the prior quarter and positive $0.5 million in the prior-year quarter. The year-over-year improvement was approximately $10.6 million on $26.9 million of incremental revenue.
- Positive Operating Cash FlowOperating cash flow was approximately $14 million, compared with approximately $0.9 million in Q1, marking the company's second consecutive quarter of positive operating cash flow.
- Debt-Free Balance SheetCash, cash equivalents, and restricted cash increased to approximately $67.5 million from $54.6 million at the end of fiscal Q1. Following repayment of all outstanding debt in fiscal Q1, Quantum remained debt-free and incurred no interest expense during fiscal Q2.
- Positive Fiscal Q3 Revenue OutlookQuantum expects fiscal Q3 revenue of approximately $91 million, plus or minus $2 million. At the midpoint, this represents approximately 22% growth year-over-year.
- Strengthened Leadership and Finance OrganizationQuantum welcomed Jim Clancy as Chief Operating Officer and added Hiral Patel as Chief Accounting Officer and Mehul Patel as Head of Financial Planning and Analysis.
DE:QNT Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Jan 27, 2027 | 2027 (Q3) | 0.19- | -0.33 | ― | ― |
| Nov 09, 2026 | 2027 (Q2) | 0.110.23 | -0.49 | 146.30% (+0.72) | |
| Aug 10, 2026 | 2027 (Q1) | -0.150.16 | -1.43 | 111.39% (+1.60) | |
| Jun 25, 2026 | 2026 (Q4) | -0.28-0.19 | -1.61 | 88.20% (+1.42) | |
| Jan 29, 2026 | 2026 (Q3) | -0.41-0.33 | -0.73 | 55.56% (+0.41) | |
| Nov 13, 2025 | 2026 (Q2) | -0.25-0.49 | -1.65 | 70.33% (+1.16) | |
| Sep 10, 2025 | 2026 (Q1) | ―-1.70 | -1.63 | -3.89% (-0.06) | |
| Jun 30, 2025 | 2025 (Q4) | -1.06-1.61 | -3.59 | 54.97% (+1.97) | |
| Feb 12, 2025 | 2025 (Q3) | -0.66-0.73 | -1.87 | 60.68% (+1.13) | |
| Nov 13, 2024 | 2025 (Q2) | -1.00-1.65 | -0.64 | -159.63% (-1.02) |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat Missed
