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Side-by-side financial comparison of AMERISAFE INC (AMSF) and Quipt Home Medical Corp. (QIPT). Click either name above to swap in a different company.
AMERISAFE INC is the larger business by last-quarter revenue ($80.1M vs $49.0M, roughly 1.6× Quipt Home Medical Corp.). AMERISAFE INC runs the higher net margin — 10.2% vs -2.1%, a 12.3% gap on every dollar of revenue. On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs 10.3%).
AMERISAFE Inc. is a specialty insurance provider that focuses exclusively on workers' compensation coverage for small and mid-sized businesses in high-hazard industries including construction, logging, trucking, and manufacturing. It operates across 49 U.S. states, offering tailored insurance policies paired with targeted risk management support for clients.
Quipt Home Medical Corp is a U.S.-based home medical equipment provider specializing in respiratory care, sleep therapy supplies, and chronic disease management products. It serves patients with long-term health conditions, partners with healthcare providers and insurance payers across operating regions to deliver accessible in-home medical solutions.
AMSF vs QIPT — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $80.1M | $49.0M |
| Net Profit | $8.1M | $-1.1M |
| Gross Margin | — | 53.5% |
| Operating Margin | — | 2.1% |
| Net Margin | 10.2% | -2.1% |
| Revenue YoY | 10.3% | 32.3% |
| Net Profit YoY | -9.0% | 2.9% |
| EPS (diluted) | $0.43 | $-0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $80.1M | — | ||
| Q4 25 | $81.6M | $49.0M | ||
| Q3 25 | $82.0M | $39.8M | ||
| Q2 25 | $81.1M | $35.1M | ||
| Q1 25 | $72.6M | $33.3M | ||
| Q4 24 | $74.0M | $37.1M | ||
| Q3 24 | $78.7M | — | ||
| Q2 24 | $75.8M | — |
| Q1 26 | $8.1M | — | ||
| Q4 25 | $10.4M | $-1.1M | ||
| Q3 25 | $13.8M | $-3.5M | ||
| Q2 25 | $14.0M | $-3.0M | ||
| Q1 25 | $8.9M | $-3.0M | ||
| Q4 24 | $13.2M | $-1.1M | ||
| Q3 24 | $14.3M | — | ||
| Q2 24 | $11.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 53.5% | ||
| Q3 25 | — | 48.7% | ||
| Q2 25 | — | 57.6% | ||
| Q1 25 | — | 54.6% | ||
| Q4 24 | — | 52.1% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | 15.6% | 2.1% | ||
| Q3 25 | 21.3% | -3.6% | ||
| Q2 25 | 21.5% | -5.2% | ||
| Q1 25 | 15.5% | -3.0% | ||
| Q4 24 | 22.7% | 1.2% | ||
| Q3 24 | 22.6% | — | ||
| Q2 24 | 18.1% | — |
| Q1 26 | 10.2% | — | ||
| Q4 25 | 12.8% | -2.1% | ||
| Q3 25 | 16.9% | -8.9% | ||
| Q2 25 | 17.2% | -8.6% | ||
| Q1 25 | 12.3% | -9.1% | ||
| Q4 24 | 17.8% | -2.9% | ||
| Q3 24 | 18.2% | — | ||
| Q2 24 | 14.5% | — |
| Q1 26 | $0.43 | — | ||
| Q4 25 | $0.55 | $-0.02 | ||
| Q3 25 | $0.72 | $-0.07 | ||
| Q2 25 | $0.73 | $-0.07 | ||
| Q1 25 | $0.47 | $-0.07 | ||
| Q4 24 | $0.69 | $-0.03 | ||
| Q3 24 | $0.75 | — | ||
| Q2 24 | $0.57 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.2M | $10.5M |
| Total DebtLower is stronger | — | $84.0M |
| Stockholders' EquityBook value | $246.6M | $113.0M |
| Total Assets | — | $280.7M |
| Debt / EquityLower = less leverage | — | 0.74× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $34.2M | — | ||
| Q4 25 | $61.9M | $10.5M | ||
| Q3 25 | $54.7M | $12.9M | ||
| Q2 25 | $48.5M | $11.3M | ||
| Q1 25 | $44.8M | $17.1M | ||
| Q4 24 | $44.1M | $15.5M | ||
| Q3 24 | $63.7M | — | ||
| Q2 24 | $30.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $84.0M | ||
| Q3 25 | — | $87.6M | ||
| Q2 25 | — | $66.0M | ||
| Q1 25 | — | $71.5M | ||
| Q4 24 | — | $70.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $246.6M | — | ||
| Q4 25 | $251.6M | $113.0M | ||
| Q3 25 | $274.8M | $112.1M | ||
| Q2 25 | $265.6M | $102.5M | ||
| Q1 25 | $260.8M | $103.6M | ||
| Q4 24 | $257.3M | $106.3M | ||
| Q3 24 | $314.4M | — | ||
| Q2 24 | $301.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $280.7M | ||
| Q3 25 | $1.2B | $283.3M | ||
| Q2 25 | $1.2B | $236.1M | ||
| Q1 25 | $1.2B | $244.6M | ||
| Q4 24 | $1.2B | $242.8M | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.2B | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | 0.78× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $8.9M |
| Free Cash FlowOCF − Capex | — | $6.9M |
| FCF MarginFCF / Revenue | — | 14.0% |
| Capex IntensityCapex / Revenue | — | 4.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $26.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $11.1M | $8.9M | ||
| Q3 25 | $10.7M | $9.8M | ||
| Q2 25 | $-8.4M | $9.7M | ||
| Q1 25 | $-1.8M | $8.9M | ||
| Q4 24 | $24.2M | $9.3M | ||
| Q3 24 | $8.4M | — | ||
| Q2 24 | $-2.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | $8.9M | $6.9M | ||
| Q3 25 | $9.8M | $8.0M | ||
| Q2 25 | $-9.5M | $4.4M | ||
| Q1 25 | $-1.8M | $7.3M | ||
| Q4 24 | $23.4M | $5.6M | ||
| Q3 24 | $8.4M | — | ||
| Q2 24 | $-2.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | 10.9% | 14.0% | ||
| Q3 25 | 11.9% | 20.0% | ||
| Q2 25 | -11.7% | 12.6% | ||
| Q1 25 | -2.5% | 22.0% | ||
| Q4 24 | 31.5% | 15.2% | ||
| Q3 24 | 10.7% | — | ||
| Q2 24 | -3.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 4.2% | ||
| Q3 25 | 1.1% | 4.6% | ||
| Q2 25 | 1.3% | 14.9% | ||
| Q1 25 | 0.0% | 4.8% | ||
| Q4 24 | 1.1% | 9.9% | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.06× | — | ||
| Q3 25 | 0.77× | — | ||
| Q2 25 | -0.61× | — | ||
| Q1 25 | -0.20× | — | ||
| Q4 24 | 1.83× | — | ||
| Q3 24 | 0.59× | — | ||
| Q2 24 | -0.24× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.