OverviewSuggest Edit

Quantum Corporation is a company that specializes in storing and managing video and video-like data solutions. It offers shared, tape, backup, surveillance and industrial IoT, and ruggedized storage systems. The company also delivers maintenance, implementation, training, and a line of distributed cloud services.

TypePublic
Founded1980
HQSan Jose, CA, US
Websitequantum.com
Employee Ratings3.6
Overall CultureD

Latest Updates

Employees (est.) (Mar 2020)829(+4%)
Job Openings31
Revenue (FY, 2020)$402.9 M
Share Price (Jun 2021)$7.5(+5%)
Cybersecurity ratingBMore

Key People/Management at Quantum

Jamie Lerner

Jamie Lerner

Chief Executive Officer and Chairman of the Board
Jamie Girouard

Jamie Girouard

Chief Human Resources Officer
Natasha Beckley

Natasha Beckley

Chief Marketing Officer
Liz King

Liz King

Chief Revenue Officer
Jeff Mulder

Jeff Mulder

Chief of Staff
Mike Dodson

Mike Dodson

Chief Financial Officer
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Quantum Office Locations

Quantum has offices in San Jose, Bellevue, Englewood, Irvine and in 22 other locations
San Jose, CA, US (HQ)
224 Airport Pkwy #550
Bellevue, WA, US
110 110th Ave NE #201
Bellevue, WA, US
3600 136th Pl SE # 300
Englewood, CO, US
8560 Upland Dr
Irvine, CA, US
141 Innovation Dr #100
Mendota Heights, MN, US
1155 Centre Pointe Dr #1
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Quantum Financials and Metrics

Quantum Revenue

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View revenue for all periods
Quantum's revenue was reported to be $402.95 m in FY, 2020 which is a 0.1% increase from the previous period.
USD

Revenue (Q3, 2021)

63.0m

Gross profit (Q3, 2021)

19.7m

Gross profit margin (Q3, 2021), %

31.3%

Market capitalization (11-Jun-2021)

427.2m

Closing stock price (11-Jun-2021)

7.5

Cash (31-Dec-2020)

11.6m

EV

604.2m
Quantum's current market capitalization is $427.2 m.
Annual
USDFY, 2019FY, 2020

Revenue

402.7m402.9m

Revenue growth, %

0%

Cost of goods sold

235.1m230.4m

Gross profit

167.6m172.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

105.6m89.9m102.0m105.6m105.8m103.3m73.3m50.9m63.0m

Cost of goods sold

59.8m54.4m58.9m59.8m62.3m56.2m42.5m35.0m43.3m

Gross profit

45.8m35.5m43.1m45.8m43.5m47.1m30.9m15.9m19.7m

Gross profit Margin, %

43%40%42%43%41%46%42%31%31%
Annual
USDFY, 2019FY, 2020

Cash

10.8m6.4m

Accounts Receivable

86.8m70.4m

Inventories

37.5m49.7m

Current Assets

154.3m135.8m
Quarterly
USDQ2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

5.7m10.9m10.8m6.0m7.5m23.3m12.5m11.6m

Accounts Receivable

76.3m79.6m67.3m71.4m74.9m49.3m62.7m69.4m

Inventories

39.7m34.1m43.6m40.9m44.1m51.1m

Current Assets

139.1m133.6m141.1m129.0m135.9m133.3m143.4m146.6m
Annual
USDFY, 2019FY, 2020

Net Income

(42.8m)(5.2m)

Depreciation and Amortization

4.3m4.3m

Accounts Payable

(25.4m)(768.0k)

Cash From Operating Activities

(16.9m)(1.2m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(3.8m)(29.1m)(33.4m)(3.8m)(6.1m)(1.4m)(10.7m)(15.3m)(18.0m)

Depreciation and Amortization

1.0m2.2m3.2m1.0m2.0m3.1m1.3m2.6m3.9m

Accounts Payable

2.6m(17.5m)(24.0m)2.6m1.5m7.7m(10.0m)1.6m(7.0m)

Cash From Operating Activities

903.0k2.7m(10.3m)903.0k(9.7m)(5.0m)(9.0m)(19.3m)(20.3m)
USDQ1, 2019

P/E Ratio

(7.6)
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Quantum Operating Metrics

FY, 2015FY, 2016FY, 2017FY, 2019Q2, 2020Q3, 2020FY, 2020Q1, 2021

Remaining Performance Obligations

$150.72 m$138.51 m$138.47 m$135.86 m$135.09 m

Twelve-Month Remaining Performance Obligations

$103.31 m$92.61 m$91.05 m$89.04 m$89.97 m

Remaining Performance Obligations (One Year or More)

$47.42 m$45.9 m$47.42 m$46.83 m$45.12 m

Patents (US)

400300400332319
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Quantum Acquisitions / Subsidiaries

Company NameDateDeal Size
A.C.N. 120.786.012 Pty. Ltd
Advanced Digital Information Corporation
Certance Holdings Corporation
Certance LLC
Certance (US) Holdings
Pancetera Software Inc
Quantum Beteiligungs GmbH
Quantum Boehmenkirch GmbH & Co
Quantum Engineering Australia Pty
Quantum GmbH
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Quantum Revenue Breakdown

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Quantum revenue breakdown by business segment: 32.5% from Service Revenue, 5.1% from Royalty Revenue and 62.3% from Product Revenue

Quantum Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Quantum Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Quantum Online and Social Media Presence

Embed Graph

Quantum Company Culture

  • Overall Culture

    D

    60/100

  • CEO Rating

    F

    53/100

  • Compensation

    D+

    60/100

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Quantum News and Updates

Quantum, Careem partner to facilitate access to target audiences

Quantum, a marketing company specialized in data, has signed an exclusive strategic partnership agreement with Careem Saudi Arabia, with the aim of facilitating the access of different brands to their target audiences in an innovative and creative way.

Studio FAMU Leverages Quantum Solution for Remote Access and Content Preservation

Quantum Corp. (NASDAQ: QMCO), a global leader in unstructured data and video solutions, today announced that Studio FAMU has deployed a Quantum storage solution consisting of Quantum StorNext® scale-out file storage, a Scalar® tape archive and integrated media library asset management. The platform …

Genomics England Scales Up Genomic Sequencing with Quantum ActiveScale™ Object Storage

Quantum Corp. (NASDAQ: QMCO) today announced that Genomics England has expanded their Quantum ActiveScale object storage solution as part of an integrated environment designed to store, protect, and provide access to hundreds of petabytes of genomic data. The solution enabled the organization to sca…

Quantum Makes LTO-9 Tape Drives Available for Scalar Tape Libraries

Quantum Corp. (NASDAQ: QMCO), a global leader in unstructured data and video solutions, today announced that LTO Ultrium format generation 9 technology will be available in its Scalar® i6 and Scalar i6000 tape libraries, and StorNext® AEL archive systems beginning in December 2020. By combining the …

The Joint Network Center Protects and Archives Fast-Growing Scientific Data for Max Planck Society with Quantum

Quantum Corp. (NASDAQ: QMCO), a global leader in unstructured data and video solutions, today announced that the Joint Network Center (GNZ) at the Fritz Haber Institute (FHI) reduced its backup window by 50 percent, ensured the long-term integrity of vital data, and gained scalability to support fas…

Nemeton TV Raises its Sports Media Production Game with Quantum

Quantum Corp. (NASDAQ: QMCO), a global leader and pioneer in video and unstructured data solutions, today announced that Nemeton TV has deployed a Quantum storage solution consisting of Quantum StorNext® scale-out file storage software and a Scalar® tape archive. The system delivers the storage reli…
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Quantum Blogs

Quantum and Veeam V10: A Perspective from VeeamON 2020

In the last few weeks, we’ve had the opportunity to co-present with our partner Veeam at Quantum’s VirtualQ I ProtectContinue reading

Crisis Management Strategies for Your Remote Workforce

We salute all those IT folks working day and night to ensure their organizations continue to be secured and protectedContinue reading

This Week at the Q

Welcome to our new weekly blog, ‘This Week at the Q’! Every Friday, I close out my week by sendingContinue reading

Tips for Remote Workflow Operations

Following  VirtualQ | NAB 2020 with Quantum, we were confronted with a number of questions about working remotely in theseContinue reading

Data Protection and Archive Strategies at Your Fingertips

We had a great turn out last week to our VirtualQ I Protect & Archive event of online sessions whereContinue reading

A Silver Lining of Innovation

It is been a long time coming. Two full days of sessions with our valued customers and those interested inContinue reading
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Quantum Frequently Asked Questions

  • When was Quantum founded?

    Quantum was founded in 1980.

  • Who are Quantum key executives?

    Quantum's key executives are Jamie Lerner, Jamie Girouard and Natasha Beckley.

  • How many employees does Quantum have?

    Quantum has 829 employees.

  • What is Quantum revenue?

    Latest Quantum annual revenue is $402.9 m.

  • What is Quantum revenue per employee?

    Latest Quantum revenue per employee is $486.1 k.

  • Who are Quantum competitors?

    Competitors of Quantum include Quantum Research International, Veritas Technologies and Hewlett Packard Enterprise.

  • Where is Quantum headquarters?

    Quantum headquarters is located at 224 Airport Pkwy #550, San Jose.

  • Where are Quantum offices?

    Quantum has offices in San Jose, Bellevue, Englewood, Irvine and in 22 other locations.

  • How many offices does Quantum have?

    Quantum has 30 offices.