Quantum (QMCO) Cost of Revenue (2010 - 2025)

Quantum's Cost of Revenue history runs 16 years deep, the most recent figure standing at $13.0 million for Q4 2025.

• In Q4 2025, Cost of Revenue rose 4.25% year-over-year to $13.0 million; the TTM figure through Dec 2025 stood at $162.4 million (up 198.37% YoY), while the FY2025 annual figure was $164.2 million, up 169.7% from the prior year.
• Cost of Revenue was $13.0 million for Q4 2025 at Quantum, up from $11.8 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $179.7 million in Q1 2022 to a low of -$139.2 million in Q1 2023.
• Historically, Cost of Revenue has averaged $26.8 million across 5 years, with a median of $15.3 million in 2022.
• The sharpest annual moves came in 2023 and 2025: Cost of Revenue plunged 177.48% in 2023, then soared 727.57% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $16.7 million in 2021, then slipped by 2.24% to $16.3 million in 2022, then slipped by 12.82% to $14.2 million in 2023, then declined by 12.61% to $12.4 million in 2024, then increased by 4.25% to $13.0 million in 2025.
• The last three Cost of Revenue figures came in at $13.0 million (Q4 2025), $11.8 million (Q3 2025), and $12.7 million (Q2 2025), per Business Quant data.