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Qualstar reports 9% data storage revenue growth but overall 2025 revenue down 18%, plans growth and acquisitions in 2026

Company Fundamentals
30 Mar 2026
GlobeNewsWire
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Neutral
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Qualstar Corporation reported a 9% year-over-year revenue increase in its Data Storage segment for 2025, despite an 18% overall revenue decline driven by reduced power supply sales. The company launched the Q1000+ enterprise tape library and ended 2025 with over $2.8 million in cash and no debt. Management remains optimistic about organic growth in 2026, supported by customer expansion, broader product offerings, and potential acquisitions in the data retention industry. Adjusted EBITDA and quarterly revenues declined, reflecting challenges in the Power Supply business, but net income was positive for the year due to data storage growth and non-operating income.

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