QMLS (QumulusAI) Scaled Net Operating Assets: 1.02 (As of Mar. 2026)

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QMLS QumulusAI Inc QMLS
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Price $13.98
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What is QumulusAI Scaled Net Operating Assets?

QumulusAI QMLS -33.36% 8 Scaled Net Operating Assets is 1.02 as of Mar. 2026. GuruFocus rates QMLS with a GF Score™ of 8/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

QumulusAI's operating assets for the quarter that ended in Mar. 2026 was $103.95 Mil. QumulusAI's operating liabilities for the quarter that ended in Mar. 2026 was $10.23 Mil. QumulusAI's Total Assets for the quarter that ended in Dec. 2025 was $91.73 Mil. Therefore, QumulusAI's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.02.


QumulusAI Scaled Net Operating Assets Historical Data

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The historical data trend for QumulusAI's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

QumulusAI Scaled Net Operating Assets Chart

QumulusAI Annual Data
Trend Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.55 0.24 3.63

QumulusAI Quarterly Data
Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial 0.00 0.00 0.85 0.90 1.02

QMLS vs : Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, QumulusAI's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


QumulusAI Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, QumulusAI's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where QumulusAI's Scaled Net Operating Assets falls into.


QMLS
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QumulusAI Inc QMLS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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QumulusAI Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

QumulusAI's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(80.022-6.247)/20.346
=3.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=91.734 - 11.712
=80.022

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26.442 - 12.919 - 7.276
=6.247

QumulusAI's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(103.949-10.229)/91.734
=1.02

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=120.081 - 16.132
=103.949

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=102.351 - 86.244 - 5.878
=10.229

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 1.02 mean?
QumulusAI (QMLS) has a Scaled Net Operating Assets of 1.02 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on QumulusAI and its competitors.
Is QumulusAI's Scaled Net Operating Assets too high?
QumulusAI's current Scaled Net Operating Assets is 1.02. Overall, QumulusAI has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does QumulusAI's Scaled Net Operating Assets compare to ?
QumulusAI's Scaled Net Operating Assets of 1.02 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Software company?
A good Scaled Net Operating Assets depends on the Software industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on QumulusAI and its competitors. QumulusAI's current Scaled Net Operating Assets is 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QumulusAI stock overvalued right now?
QumulusAI (QMLS) has a current Scaled Net Operating Assets of 1.02. The current Scaled Net Operating Assets is 1.02. QumulusAI's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For QumulusAI (QMLS), the current Scaled Net Operating Assets is 1.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

QumulusAI Business Description

Comparable Companies
Address 1130 Powers Ferry Place SE, Marietta, GA, USA, 30067
QumulusAI Inc is a cloud infrastructure company engaged in the rapid deployment of graphics processing unit (GPU)-powered solutions for artificial intelligence (AI) applications, serving a critical market that is often overlooked by large-scale cloud providers (hyperscalers), which operate massive, standardized computing infrastructures serving the immense enterprises. The platform delivers flexible, competitively priced, and customizable solutions for underserved small- and mid-market customers, including machine learning teams, AI infrastructure startups, and research institutions, and also supports the scale and complexity requirements of large enterprises. Its products are B300 SXM6, B200 SXM, RTX Pro 6000, H200 SXM, and Others. Its solutions are Enterprise, Research, and AI Startups.
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