Quantum’s Fiscal Q1 2027 Beat Lifts Margins and Restores Profitability
Quantum Corporation reported better-than-expected fiscal first-quarter 2027 results, with revenue up 26% year over year and GAAP gross margin rising 360 bps to 39.3%, its best in five quarters. Operating expenses fell sharply, lifting adjusted EBITDA to $8 million and returning the company to non-GAAP profitability. As of June 30, 2026 it had no outstanding debt and interest expense declined.