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Side-by-side financial comparison of Ellington Financial Inc. (EFC) and Quipt Home Medical Corp. (QIPT). Click either name above to swap in a different company.

Ellington Financial Inc. is the larger business by last-quarter revenue ($78.2M vs $49.0M, roughly 1.6× Quipt Home Medical Corp.). Ellington Financial Inc. runs the higher net margin — 28.9% vs -2.1%, a 31.1% gap on every dollar of revenue. On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs 8.7%).

Ellington Management Group is an American hedge fund firm. As of June 2019, the firm was reportedly managing $8.5 billion in structured products and other credit instruments.

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.

EFC vs QIPT — Head-to-Head

Bigger by revenue
EFC
EFC
1.6× larger
EFC
$78.2M
$49.0M
QIPT
Growing faster (revenue YoY)
QIPT
QIPT
+23.5% gap
QIPT
32.3%
8.7%
EFC
Higher net margin
EFC
EFC
31.1% more per $
EFC
28.9%
-2.1%
QIPT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EFC
EFC
QIPT
QIPT
Revenue
$78.2M
$49.0M
Net Profit
$22.6M
$-1.1M
Gross Margin
53.5%
Operating Margin
7.4%
2.1%
Net Margin
28.9%
-2.1%
Revenue YoY
8.7%
32.3%
Net Profit YoY
-26.2%
2.9%
EPS (diluted)
$0.10
$-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.

Revenue
EFC
EFC
QIPT
QIPT
Q4 25
$78.2M
$49.0M
Q3 25
$82.8M
$39.8M
Q2 25
$92.5M
$35.1M
Q1 25
$82.9M
$33.3M
Q4 24
$72.0M
$37.1M
Q3 24
$67.0M
Q2 24
$91.2M
Q1 24
$75.5M
Net Profit
EFC
EFC
QIPT
QIPT
Q4 25
$22.6M
$-1.1M
Q3 25
$29.5M
$-3.5M
Q2 25
$42.9M
$-3.0M
Q1 25
$31.6M
$-3.0M
Q4 24
$30.7M
$-1.1M
Q3 24
$16.2M
Q2 24
$52.3M
Q1 24
$26.9M
Gross Margin
EFC
EFC
QIPT
QIPT
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
Operating Margin
EFC
EFC
QIPT
QIPT
Q4 25
7.4%
2.1%
Q3 25
31.1%
-3.6%
Q2 25
38.3%
-5.2%
Q1 25
37.3%
-3.0%
Q4 24
28.0%
1.2%
Q3 24
24.0%
Q2 24
52.8%
Q1 24
42.2%
Net Margin
EFC
EFC
QIPT
QIPT
Q4 25
28.9%
-2.1%
Q3 25
35.7%
-8.9%
Q2 25
46.4%
-8.6%
Q1 25
38.2%
-9.1%
Q4 24
42.6%
-2.9%
Q3 24
24.1%
Q2 24
57.4%
Q1 24
35.6%
EPS (diluted)
EFC
EFC
QIPT
QIPT
Q4 25
$0.10
$-0.02
Q3 25
$0.29
$-0.07
Q2 25
$0.45
$-0.07
Q1 25
$0.35
$-0.07
Q4 24
$0.23
$-0.03
Q3 24
$0.19
Q2 24
$0.62
Q1 24
$0.32

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EFC
EFC
QIPT
QIPT
Cash + ST InvestmentsLiquidity on hand
$201.9M
$10.5M
Total DebtLower is stronger
$84.0M
Stockholders' EquityBook value
$1.8B
$113.0M
Total Assets
$19.4B
$280.7M
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EFC
EFC
QIPT
QIPT
Q4 25
$201.9M
$10.5M
Q3 25
$184.8M
$12.9M
Q2 25
$211.0M
$11.3M
Q1 25
$203.3M
$17.1M
Q4 24
$192.4M
$15.5M
Q3 24
$217.7M
Q2 24
$198.5M
Q1 24
$187.5M
Total Debt
EFC
EFC
QIPT
QIPT
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
Stockholders' Equity
EFC
EFC
QIPT
QIPT
Q4 25
$1.8B
$113.0M
Q3 25
$1.8B
$112.1M
Q2 25
$1.7B
$102.5M
Q1 25
$1.6B
$103.6M
Q4 24
$1.6B
$106.3M
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.5B
Total Assets
EFC
EFC
QIPT
QIPT
Q4 25
$19.4B
$280.7M
Q3 25
$17.8B
$283.3M
Q2 25
$17.1B
$236.1M
Q1 25
$16.6B
$244.6M
Q4 24
$16.3B
$242.8M
Q3 24
$16.0B
Q2 24
$15.1B
Q1 24
$15.1B
Debt / Equity
EFC
EFC
QIPT
QIPT
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
EFC
EFC
QIPT
QIPT
Operating Cash FlowLast quarter
$-925.5M
$8.9M
Free Cash FlowOCF − Capex
$6.9M
FCF MarginFCF / Revenue
14.0%
Capex IntensityCapex / Revenue
0.0%
4.2%
Cash ConversionOCF / Net Profit
-40.92×
TTM Free Cash FlowTrailing 4 quarters
$26.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EFC
EFC
QIPT
QIPT
Q4 25
$-925.5M
$8.9M
Q3 25
$-290.4M
$9.8M
Q2 25
$-210.5M
$9.7M
Q1 25
$-126.4M
$8.9M
Q4 24
$-430.5M
$9.3M
Q3 24
$-141.7M
Q2 24
$-88.6M
Q1 24
$-59.5M
Free Cash Flow
EFC
EFC
QIPT
QIPT
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
FCF Margin
EFC
EFC
QIPT
QIPT
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
Capex Intensity
EFC
EFC
QIPT
QIPT
Q4 25
0.0%
4.2%
Q3 25
4.6%
Q2 25
14.9%
Q1 25
4.8%
Q4 24
0.0%
9.9%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
EFC
EFC
QIPT
QIPT
Q4 25
-40.92×
Q3 25
-9.84×
Q2 25
-4.90×
Q1 25
-3.99×
Q4 24
-14.04×
Q3 24
-8.76×
Q2 24
-1.69×
Q1 24
-2.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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