Qualstar Q2 FY26 net loss widens to $1.1 million; revenue rises 47% to $2.1 million
QBAK•Audit update
Qualstar said its 2025 audit is expected soon.
Quarterly results
Qualstar posted a GAAP net loss of USD 1.1 million for the quarter ended June 30, 2026.
Revenue rose 47% to USD 2.1 million, driven by higher sales of tape-based data storage products.
Inventory charge and balance sheet
The company completed a USD 970,000 inventory net realizable value charge tied to slow-moving power supplies amid lower segment demand.
It ended the quarter with USD 2 million in cash, cash equivalents and marketable securities, with no debt.
Profitability improved on adjusted basis
Adjusted EBITDA turned positive at USD 170,000. Adjusted operating income climbed to USD 159,000.
