Quarter ended September 30, 2026, with a record backlog of nearly $100 million. Gross margin expanded to 41.0%.
Quantum
Facts that name Quantum, newest first.
The company says customers recognize tape's role in addressing AI-driven infrastructure strain. Supply constraints continue to affect shipment timing, though disk drive availability has improved.
The order followed a multi-year evaluation in which reliability, density and infrastructure efficiency were key differentiators. The company calls it one of the most significant purchase orders in its history.