Quantum Corporation
QMCO Technology Computer Hardware
Quantum Corporation’s revenue for fiscal 2026 (year ended March 2026) was $279.6 million, up 2.02% from fiscal 2025. In the quarter to June 2026, revenue grew 25.7%, EPS fell 277.5%, free cash flow grew 103.1% and total debt rose 17.7%, each against the same quarter a year earlier.
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Quantum Corporation (QMCO) Altman Z-score
Quantum Corporation's Altman Z-score for fiscal 2026 is −8.66, in the distress zone (below 1.81).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | −8.66 | 0.01 |
| FY2025 | −8.67 | (3.00) |
| FY2024 | −5.67 | (2.42) |
| FY2023 | −3.25 | 0.19 |
| FY2022 | −3.44 | (0.75) |
| FY2021 | −2.69 | 0.37 |
| FY2020 | −3.06 | 0.38 |
| FY2019 | −3.45 | (0.64) |
| FY2018 | −2.80 | (1.59) |
| FY2017 | −1.21 | 0.88 |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | (0.59) | — | −0.71 | |
| Retained earnings / total assets | (6.65) | — | −9.31 | |
| EBIT / total assets | (0.16) | — | −0.52 | |
| Market value of equity / total liabilities | 0.17 | — | 0.10 | |
| Sales / total assets | 1.78 | — | 1.78 | |
| Altman Z-score | Distress zone | −8.66 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −27.22 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| UMAC Unusual Machines, Inc. compare | 25.8× |
| CRCT Cricut, Inc. compare | 5.0× |
| CRSR Corsair Gaming, Inc. compare | 1.9× |
| NNDM Nano Dimension Ltd. compare | 0.5× |
| SSYS Stratasys, Ltd. compare | −0.6× |
| DDD 3D Systems Corporation compare | −2.4× |
| VELO Velo3D, Inc. compare | −5.4× |
| QMCO Quantum Corporation | −8.7× |
| QUBT Quantum Computing Inc. compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets