Quantum Corporation reported fiscal third quarter 2026 revenue of $74.6 million, exceeding guidance, alongside a non-GAAP adjusted net loss of $4.9 million. The company provided fiscal fourth quarter 2026 revenue guidance of $68 million and highlighted a significant reduction in outstanding term loan debt to $54.6 million.
Key takeaways
Fiscal Q3 2026 revenue was $74.6 million, exceeding the preliminary result of $72.7 million and the original guidance range of $65-$69 million.
Non-GAAP adjusted EBITDA was positive $2.9 million for the quarter ended December 31, 2025.
Outstanding term loan debt decreased to $54.6 million as of December 31, 2025, compared to $105.9 million in the prior year.
The company provided fiscal Q4 2026 guidance for revenue of $68 million, plus or minus $2 million.
GAAP net loss for the quarter was $27.8 million, or ($2.03) per share.
Cash, cash equivalents and restricted cash totaled $13.8 million as of December 31, 2025.