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Side-by-side financial comparison of Apollo Commercial Real Estate Finance, Inc. (ARI) and Quipt Home Medical Corp. (QIPT). Click either name above to swap in a different company.
Apollo Commercial Real Estate Finance, Inc. is the larger business by last-quarter revenue ($73.3M vs $49.0M, roughly 1.5× Quipt Home Medical Corp.). Apollo Commercial Real Estate Finance, Inc. runs the higher net margin — 39.9% vs -2.1%, a 42.0% gap on every dollar of revenue. On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs 4.0%).
Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust that originates, acquires and manages commercial real estate debt assets including mortgages, mezzanine loans and mortgage-backed securities, primarily operating in the U.S. market to deliver consistent risk-adjusted returns.
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.
ARI vs QIPT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $73.3M | $49.0M |
| Net Profit | $29.2M | $-1.1M |
| Gross Margin | — | 53.5% |
| Operating Margin | 39.7% | 2.1% |
| Net Margin | 39.9% | -2.1% |
| Revenue YoY | 4.0% | 32.3% |
| Net Profit YoY | -28.2% | 2.9% |
| EPS (diluted) | $0.19 | $-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.
| Q4 25 | $73.3M | $49.0M | ||
| Q3 25 | $61.6M | $39.8M | ||
| Q2 25 | $70.9M | $35.1M | ||
| Q1 25 | $65.8M | $33.3M | ||
| Q4 24 | $70.5M | $37.1M | ||
| Q3 24 | $71.6M | — | ||
| Q2 24 | $81.1M | — | ||
| Q1 24 | $80.5M | — |
| Q4 25 | $29.2M | $-1.1M | ||
| Q3 25 | $50.8M | $-3.5M | ||
| Q2 25 | $20.7M | $-3.0M | ||
| Q1 25 | $26.0M | $-3.0M | ||
| Q4 24 | $40.7M | $-1.1M | ||
| Q3 24 | $-91.5M | — | ||
| Q2 24 | $35.8M | — | ||
| Q1 24 | $-104.5M | — |
| 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 24 | — | — |
| Q4 25 | 39.7% | 2.1% | ||
| Q3 25 | 82.8% | -3.6% | ||
| Q2 25 | 29.4% | -5.2% | ||
| Q1 25 | 39.7% | -3.0% | ||
| Q4 24 | 57.9% | 1.2% | ||
| Q3 24 | -127.8% | — | ||
| Q2 24 | 44.2% | — | ||
| Q1 24 | -129.6% | — |
| Q4 25 | 39.9% | -2.1% | ||
| Q3 25 | 82.4% | -8.9% | ||
| Q2 25 | 29.3% | -8.6% | ||
| Q1 25 | 39.5% | -9.1% | ||
| Q4 24 | 57.7% | -2.9% | ||
| Q3 24 | -127.9% | — | ||
| Q2 24 | 44.1% | — | ||
| Q1 24 | -129.8% | — |
| Q4 25 | $0.19 | $-0.02 | ||
| Q3 25 | $0.34 | $-0.07 | ||
| Q2 25 | $0.12 | $-0.07 | ||
| Q1 25 | $0.16 | $-0.07 | ||
| Q4 24 | $0.25 | $-0.03 | ||
| Q3 24 | $-0.69 | — | ||
| Q2 24 | $0.23 | — | ||
| Q1 24 | $-0.76 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $139.8M | $10.5M |
| Total DebtLower is stronger | — | $84.0M |
| Stockholders' EquityBook value | $1.9B | $113.0M |
| Total Assets | $9.9B | $280.7M |
| Debt / EquityLower = less leverage | — | 0.74× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $139.8M | $10.5M | ||
| Q3 25 | $245.9M | $12.9M | ||
| Q2 25 | $177.6M | $11.3M | ||
| Q1 25 | $166.4M | $17.1M | ||
| Q4 24 | $317.4M | $15.5M | ||
| Q3 24 | $194.3M | — | ||
| Q2 24 | $174.7M | — | ||
| Q1 24 | $161.2M | — |
| 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 24 | — | — |
| Q4 25 | $1.9B | $113.0M | ||
| Q3 25 | $1.9B | $112.1M | ||
| Q2 25 | $1.8B | $102.5M | ||
| Q1 25 | $1.9B | $103.6M | ||
| Q4 24 | $1.9B | $106.3M | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.0B | — |
| Q4 25 | $9.9B | $280.7M | ||
| Q3 25 | $9.5B | $283.3M | ||
| Q2 25 | $9.8B | $236.1M | ||
| Q1 25 | $8.8B | $244.6M | ||
| Q4 24 | $8.4B | $242.8M | ||
| Q3 24 | $9.1B | — | ||
| Q2 24 | $9.3B | — | ||
| Q1 24 | $9.2B | — |
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | 0.78× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $142.5M | $8.9M |
| Free Cash FlowOCF − Capex | — | $6.9M |
| FCF MarginFCF / Revenue | — | 14.0% |
| Capex IntensityCapex / Revenue | — | 4.2% |
| Cash ConversionOCF / Net Profit | 4.88× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $26.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $142.5M | $8.9M | ||
| Q3 25 | $31.7M | $9.8M | ||
| Q2 25 | $63.2M | $9.7M | ||
| Q1 25 | $39.3M | $8.9M | ||
| Q4 24 | $200.3M | $9.3M | ||
| Q3 24 | $47.2M | — | ||
| Q2 24 | $50.2M | — | ||
| Q1 24 | $52.8M | — |
| Q4 25 | — | $6.9M | ||
| Q3 25 | — | $8.0M | ||
| Q2 25 | — | $4.4M | ||
| Q1 25 | — | $7.3M | ||
| Q4 24 | — | $5.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 14.0% | ||
| Q3 25 | — | 20.0% | ||
| Q2 25 | — | 12.6% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 15.2% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 4.2% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 14.9% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 9.9% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 4.88× | — | ||
| Q3 25 | 0.62× | — | ||
| Q2 25 | 3.05× | — | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | 4.93× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.40× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
