Quantum Corporation (QMCO) Balance Sheet
QMCO balance sheet, FY2026
March 31, 2026 · U.S. dollars$156.9M assets = $355.7M liabilities + −$198.9M equity
Liabilities exceed assets: shareholders’ equity is negative (−$198.9M).
Both columns are drawn to the same scale: what QMCO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
QMCO financial health
Descriptive bands, not a rating. Fiscal FY2026.
QMCO balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $225.0MFY2017 | $156.9MFY2026 | −3.9%/yr | |
| Total liabilities | $341.0MFY2017 | $355.7MFY2026 | +0.5%/yr | |
| Shareholders’ equity | −$116.0MFY2017 | −$198.9MFY2026 | — | |
| Cash & short-term investments | $13.0MFY2017 | $15.6MFY2026 | +2.1%/yr | |
| Total debt | $127.9MFY2017 | $153.8MFY2026 | +2.1%/yr | |
| Net cash (debt) | −$114.9MFY2017 | −$138.2MFY2026 | −$23.3M | |
| Working capital | −$42.0MFY2017 | −$93.3MFY2026 | −$51.3M | |
| Current ratio | 0.82FY2017 | 0.55FY2026 | −0.27 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
QMCO assets
QMCO liabilities and equity
QMCO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
QMCO balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $15.6M | $16.5M | $25.7M | $26.0M | $5.2M | $28.1M | $6.4M | $10.8M | $10.9M | $13.0M |
| Cash & equivalents | $15.6M | $16.5M | $25.7M | $26.0M | $5.2M | $28.1M | $6.4M | $10.8M | $10.9M | $13.0M |
| Receivables | $69.7M | $52.5M | $67.8M | $72.5M | $69.4M | $73.1M | $70.4M | $95.8M | $96.3M | $116.1M |
| Inventory | $16.1M | $22.4M | $27.5M | $44.7M | $57.8M | $47.9M | $49.7M | $37.5M | $56.3M | $47.5M |
| Other current assets | $11.2M | $11.4M | $10.8M | $9.9M | $12.8M | $6.9M | $9.3M | $10.2M | $14.9M | $11.8M |
| Total current assets | $112.5M | $102.8M | $131.8M | $153.1M | $145.2M | $156.1M | $135.8M | $154.3M | $178.4M | $188.3M |
| Property, plant & equipment (net) | $16.7M | $20.0M | $21.5M | $26.8M | $24.0M | $19.4M | $21.7M | $8.4M | $9.7M | $11.2M |
| Goodwill & intangible assets | $13.0M | $13.2M | $14.6M | $17.9M | $22.6M | $8.5M | $0 | $34,000 | $138,000 | $276,000 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $14.7M | $19.4M | $19.7M | $15.8M | $9.9M | $10.9M | $8.4M | $10.1M | $14.4M | $25.2M |
| Total assets | $156.9M | $155.4M | $187.6M | $213.7M | $201.6M | $194.9M | $166.0M | $172.9M | $202.6M | $225.0M |
| Liabilities | ||||||||||
| Accounts payable | $29.3M | $31.5M | $26.1M | $35.7M | $34.2M | $35.2M | $36.9M | $37.4M | $62.6M | $41.6M |
| Short-term debt | $55.6M | $123.9M | $110.4M | $6.4M | $6.1M | $4.4M | $10.4M | $1.6M | $7.5M | $62.8M |
| Deferred revenue | $75.7M | $75.1M | $78.5M | $79.8M | $87.1M | $84.0M | $81.5M | $90.4M | $96.9M | $84.7M |
| Total current liabilities | $205.8M | $257.6M | $249.9M | $157.9M | $176.7M | $159.1M | $158.3M | $178.5M | $207.3M | $230.4M |
| Long-term debt | $90.0M | $0 | $0 | $16.8M | $17.7M | $90.9M | $146.8M | $145.6M | $116.0M | $65.0M |
| Lease obligations | $9.0M | $9.8M | $10.9M | $10.2M | $9.9M | $8.0M | $10.8M | — | — | — |
| Other long-term liabilities | $59.9M | $62.2M | $59.2M | $123.4M | $151.0M | $57.2M | $59.4M | $48.6M | $52.8M | $45.6M |
| Total liabilities | $355.7M | $319.8M | $309.1M | $298.0M | $345.4M | $307.2M | $364.5M | $372.7M | $376.1M | $341.0M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $146,000 | $70,000 | $959,000 | $936,000 | $605,000 | $570,000 | $399,000 | $360,000 | $354,000 | $341,000 |
| Retained earnings (deficit) | −$1.04B | −$942.5M | −$827.4M | −$786.1M | −$767.7M | −$738.6M | −$703.2M | −$698.0M | −$655.2M | −$593.3M |
| Accumulated other comprehensive income | −$9.5M | −$1.6M | −$2.2M | −$1.6M | −$1.4M | −$856,000 | −$1.5M | −$1.4M | −$274,000 | $3.1M |
| Total shareholders' equity | −$198.9M | −$164.4M | −$121.5M | −$84.4M | −$143.7M | −$112.2M | −$198.5M | −$199.8M | −$173.5M | −$116.0M |
| Key figures | ||||||||||
| Total debt | $153.8M | $132.9M | $120.0M | $99.6M | $123.2M | $103.3M | $168.1M | $147.3M | $123.5M | $127.9M |
| Net cash (debt) | −$138.2M | −$116.4M | −$94.3M | −$73.7M | −$118.0M | −$75.2M | −$161.6M | −$136.5M | −$112.6M | −$114.9M |
| Working capital | −$93.3M | −$154.8M | −$118.2M | −$4.8M | −$31.5M | −$3.0M | −$22.4M | −$24.2M | −$28.8M | −$42.0M |
| Tangible book value | −$211.8M | −$177.6M | −$136.1M | −$102.3M | −$166.3M | −$120.7M | −$198.5M | −$199.8M | −$173.6M | −$116.3M |
| Book value per share | −$15.69 | — | — | — | — | — | — | — | — | — |
| Shares outstanding | 12.7M | — | — | — | — | — | — | — | — | — |
| Current ratio | 0.55 | 0.40 | 0.53 | 0.97 | 0.82 | 0.98 | 0.86 | 0.86 | 0.86 | 0.82 |
| Quick ratio | 0.41 | 0.27 | 0.37 | 0.62 | 0.42 | 0.64 | 0.49 | 0.60 | 0.52 | 0.56 |
| Equity / assets | −126.7% | −105.8% | −64.8% | −39.5% | −71.3% | −57.6% | −119.6% | −115.6% | −85.6% | −51.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $54.4M | $15.6M | $13.8M | $14.7M | $37.4M | $16.5M | $20.4M | $16.7M | $17.3M | $25.9M | $24.5M | $25.8M |
| Cash & equivalents | $54.4M | $15.6M | $13.8M | $14.7M | $37.4M | $16.5M | $20.4M | $16.7M | $17.3M | $25.9M | $24.5M | $25.8M |
| Receivables | $66.7M | $69.7M | $59.4M | $43.9M | $48.4M | $52.5M | $61.4M | $51.1M | $61.4M | $67.8M | $60.0M | $51.5M |
| Inventory | $15.2M | $16.1M | $17.6M | $18.9M | $20.0M | $22.4M | $20.7M | $28.0M | $27.0M | $27.5M | $45.8M | $47.3M |
| Other current assets | $12.4M | $11.2M | $12.7M | $12.6M | $12.6M | $11.4M | $11.3M | $13.1M | $13.1M | $10.6M | $11.0M | $9.5M |
| Total current assets | $148.7M | $112.5M | $103.6M | $90.1M | $118.4M | $102.8M | $113.8M | $108.9M | $118.7M | $131.8M | $141.4M | $134.1M |
| Property, plant & equipment (net) | $16.3M | $16.7M | $17.7M | $18.7M | $19.3M | $20.0M | $19.9M | $20.5M | $20.3M | $21.5M | $22.9M | $24.5M |
| Goodwill & intangible assets | $24.6M | $13.0M | $25.5M | $25.9M | $26.5M | $13.2M | $28.3M | $13.7M | $29.4M | $14.6M | $29.4M | $30.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.3M | $14.7M | $2.5M | $2.9M | $4.9M | $19.4M | $6.0M | $20.1M | $4.6M | $19.7M | $5.5M | $5.9M |
| Total assets | $191.9M | $156.9M | $149.3M | $137.7M | $169.2M | $155.4M | $168.1M | $163.1M | $173.1M | $187.6M | $199.2M | $194.8M |
| Liabilities | ||||||||||||
| Accounts payable | $26.7M | $29.3M | $30.0M | $24.2M | $26.8M | $31.5M | $34.7M | $30.8M | $31.5M | $26.1M | $22.4M | $26.9M |
| Short-term debt | $877,000 | $55.6M | $53.4M | $99.6M | $96.7M | — | $137.3M | $3.0M | $5.0M | $110.4M | $114.6M | $104.1M |
| Deferred revenue | $76.2M | $75.7M | $74.9M | $66.8M | $69.7M | — | $69.9M | $69.4M | $74.8M | $78.5M | $73.2M | $70.7M |
| Total current liabilities | $160.0M | $205.8M | $203.2M | $241.7M | $223.8M | $257.6M | $305.5M | $134.6M | $155.6M | $249.9M | $241.2M | $231.3M |
| Long-term debt | $0 | $90.0M | $75.9M | $0 | $0 | $0 | $0 | $123.0M | $100.9M | $0 | $0 | $0 |
| Lease obligations | $8.9M | $9.0M | $8.4M | $8.6M | $8.8M | $9.8M | $10.3M | $10.7M | $9.5M | $10.9M | $9.9M | $10.1M |
| Other long-term liabilities | $59.8M | $59.9M | $54.5M | $56.5M | $59.8M | $62.2M | $57.6M | $58.9M | $57.8M | $59.2M | $59.9M | $57.9M |
| Total liabilities | $219.7M | $355.7M | $333.5M | $298.2M | $283.5M | $319.8M | $363.1M | $316.5M | $314.3M | $309.1M | $301.1M | $289.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $393,000 | $146,000 | $141,000 | $133,000 | $133,000 | — | $53,000 | $49,000 | $959,000 | $959,000 | $959,000 | $956,000 |
| Retained earnings (deficit) | −$1.20B | −$1.04B | −$1.03B | −$1.01B | −$959.7M | −$942.5M | −$933.2M | −$861.7M | −$848.2M | −$827.4M | −$808.4M | −$798.6M |
| Accumulated other comprehensive income | −$1.1M | −$9.5M | −$906,000 | −$950,000 | −$888,000 | — | −$2.5M | −$1.4M | −$2.1M | −$2.2M | −$587,000 | −$2.1M |
| Total shareholders' equity | −$27.8M | −$198.9M | −$184.2M | −$160.5M | −$114.4M | −$164.4M | −$195.1M | −$153.4M | −$141.3M | −$121.5M | −$101.9M | −$94.4M |
| Key figures | ||||||||||||
| Total debt | $8.9M | $153.8M | $146.1M | $108.2M | $105.5M | — | $146.4M | $135.4M | $115.4M | $120.0M | $124.5M | $114.2M |
| Net cash (debt) | $45.6M | −$138.2M | −$132.3M | −$93.6M | −$68.1M | — | −$126.0M | −$118.6M | −$98.1M | −$94.1M | −$99.9M | −$88.5M |
| Working capital | −$11.2M | −$93.3M | −$99.6M | −$151.6M | −$105.3M | −$154.8M | −$191.7M | −$25.7M | −$36.9M | −$118.2M | −$99.8M | −$97.2M |
| Tangible book value | −$52.4M | −$211.8M | −$209.7M | −$186.4M | −$140.8M | −$177.6M | −$223.3M | −$167.1M | −$170.7M | −$136.1M | −$131.4M | −$124.8M |
| Book value per share | −$1.27 | −$13.58 | −$13.46 | −$12.05 | −$12.45 | — | — | — | — | — | — | — |
| Shares outstanding | 22.0M | 14.6M | 13.7M | 13.3M | 9.2M | — | — | — | — | — | — | — |
| Current ratio | 0.93 | 0.55 | 0.51 | 0.37 | 0.53 | 0.40 | 0.37 | 0.81 | 0.76 | 0.53 | 0.59 | 0.58 |
| Quick ratio | 0.76 | 0.41 | 0.36 | 0.24 | 0.38 | 0.27 | 0.27 | 0.50 | 0.51 | 0.37 | 0.35 | 0.33 |
| Equity / assets | −14.5% | −126.7% | −123.4% | −116.6% | −67.6% | −105.8% | −116.1% | −94.0% | −81.6% | −64.8% | −51.2% | −48.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed June 25, 2026); data from EODHD.
QMCO financial position
At the end of fiscal 2026 (March 31, 2026), Quantum had total assets of $156.9 million (up 1.0% from a year earlier), total liabilities of $355.7 million and shareholders' equity of -$198.9 million. It held $15.6 million in cash and short-term investments against $153.8 million of debt, net debt of $138.2 million. Its current ratio was 0.55. In the latest quarter (ended June 30, 2026) total assets were $191.9 million and equity -$27.8 million.
Related: QMCO income statement, QMCO cash flow statement, QMCO key metrics. See the QMCO stock overview for the latest quote and news.
QMCO balance sheet FAQ
What are Quantum's total assets?
Quantum reported total assets of $156.9 million at the end of fiscal 2026 (March 31, 2026), compared with $155.4 million a year earlier.
How much debt does Quantum have?
Quantum had $153.8 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does Quantum have?
Quantum held $15.6 million in cash and short-term investments at the end of fiscal 2026; with $153.8 million of debt that is net debt of $138.2 million.
What is Quantum's book value?
Quantum's shareholders' equity (book value) was -$198.9 million at the end of fiscal 2026, or −$15.69 per share.
What is Quantum's current ratio?
Quantum had current assets of $112.5 million and current liabilities of $205.8 million, a current ratio of 0.55 (current liabilities exceed current assets).
How much goodwill does Quantum have?
Quantum carried $13.0 million of goodwill and intangible assets, 8.3% of total assets, at the end of fiscal 2026.