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Side-by-side financial comparison of Elme Communities (ELME) and Quipt Home Medical Corp. (QIPT). Click either name above to swap in a different company.

Elme Communities is the larger business by last-quarter revenue ($62.1M vs $49.0M, roughly 1.3× Quipt Home Medical Corp.). Quipt Home Medical Corp. runs the higher net margin — -2.1% vs -198.9%, a 196.7% gap on every dollar of revenue. On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs 1.7%). Elme Communities produced more free cash flow last quarter ($7.2M vs $6.9M).

Elme Communities is a publicly traded U.S. real estate investment trust that primarily owns, operates and develops high-quality multifamily residential communities. It focuses on key growth markets across the U.S. Mid-Atlantic and Southeast, offering affordable to mid-tier housing options for diverse renter groups.

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.

ELME vs QIPT — Head-to-Head

Bigger by revenue
ELME
ELME
1.3× larger
ELME
$62.1M
$49.0M
QIPT
Growing faster (revenue YoY)
QIPT
QIPT
+30.5% gap
QIPT
32.3%
1.7%
ELME
Higher net margin
QIPT
QIPT
196.7% more per $
QIPT
-2.1%
-198.9%
ELME
More free cash flow
ELME
ELME
$361.0K more FCF
ELME
$7.2M
$6.9M
QIPT

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ELME
ELME
QIPT
QIPT
Revenue
$62.1M
$49.0M
Net Profit
$-123.5M
$-1.1M
Gross Margin
61.1%
53.5%
Operating Margin
-183.3%
2.1%
Net Margin
-198.9%
-2.1%
Revenue YoY
1.7%
32.3%
Net Profit YoY
-4058.7%
2.9%
EPS (diluted)
$-1.40
$-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
ELME
ELME
QIPT
QIPT
Q4 25
$49.0M
Q3 25
$62.1M
$39.8M
Q2 25
$62.1M
$35.1M
Q1 25
$61.5M
$33.3M
Q4 24
$61.3M
$37.1M
Q3 24
$61.1M
Q2 24
$60.1M
Q1 24
$59.5M
Net Profit
ELME
ELME
QIPT
QIPT
Q4 25
$-1.1M
Q3 25
$-123.5M
$-3.5M
Q2 25
$-3.6M
$-3.0M
Q1 25
$-4.7M
$-3.0M
Q4 24
$-3.0M
$-1.1M
Q3 24
$-3.0M
Q2 24
$-3.5M
Q1 24
$-3.6M
Gross Margin
ELME
ELME
QIPT
QIPT
Q4 25
53.5%
Q3 25
61.1%
48.7%
Q2 25
63.5%
57.6%
Q1 25
64.2%
54.6%
Q4 24
62.9%
52.1%
Q3 24
63.5%
Q2 24
63.4%
Q1 24
63.5%
Operating Margin
ELME
ELME
QIPT
QIPT
Q4 25
2.1%
Q3 25
-183.3%
-3.6%
Q2 25
9.6%
-5.2%
Q1 25
7.8%
-3.0%
Q4 24
10.4%
1.2%
Q3 24
11.0%
Q2 24
9.8%
Q1 24
7.5%
Net Margin
ELME
ELME
QIPT
QIPT
Q4 25
-2.1%
Q3 25
-198.9%
-8.9%
Q2 25
-5.7%
-8.6%
Q1 25
-7.6%
-9.1%
Q4 24
-4.9%
-2.9%
Q3 24
-4.9%
Q2 24
-5.8%
Q1 24
-6.1%
EPS (diluted)
ELME
ELME
QIPT
QIPT
Q4 25
$-0.02
Q3 25
$-1.40
$-0.07
Q2 25
$-0.04
$-0.07
Q1 25
$-0.05
$-0.07
Q4 24
$-0.04
$-0.03
Q3 24
$-0.03
Q2 24
$-0.04
Q1 24
$-0.04

Balance Sheet & Financial Strength

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

Metric
ELME
ELME
QIPT
QIPT
Cash + ST InvestmentsLiquidity on hand
$7.1M
$10.5M
Total DebtLower is stronger
$84.0M
Stockholders' EquityBook value
$908.9M
$113.0M
Total Assets
$1.7B
$280.7M
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELME
ELME
QIPT
QIPT
Q4 25
$10.5M
Q3 25
$7.1M
$12.9M
Q2 25
$4.8M
$11.3M
Q1 25
$6.4M
$17.1M
Q4 24
$6.1M
$15.5M
Q3 24
$4.8M
Q2 24
$5.6M
Q1 24
$4.2M
Total Debt
ELME
ELME
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
ELME
ELME
QIPT
QIPT
Q4 25
$113.0M
Q3 25
$908.9M
$112.1M
Q2 25
$1.0B
$102.5M
Q1 25
$1.1B
$103.6M
Q4 24
$1.1B
$106.3M
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$1.1B
Total Assets
ELME
ELME
QIPT
QIPT
Q4 25
$280.7M
Q3 25
$1.7B
$283.3M
Q2 25
$1.8B
$236.1M
Q1 25
$1.8B
$244.6M
Q4 24
$1.8B
$242.8M
Q3 24
$1.9B
Q2 24
$1.9B
Q1 24
$1.9B
Debt / Equity
ELME
ELME
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
ELME
ELME
QIPT
QIPT
Operating Cash FlowLast quarter
$15.9M
$8.9M
Free Cash FlowOCF − Capex
$7.2M
$6.9M
FCF MarginFCF / Revenue
11.6%
14.0%
Capex IntensityCapex / Revenue
14.0%
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$86.7M
$26.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELME
ELME
QIPT
QIPT
Q4 25
$8.9M
Q3 25
$15.9M
$9.8M
Q2 25
$29.8M
$9.7M
Q1 25
$16.2M
$8.9M
Q4 24
$95.2M
$9.3M
Q3 24
$20.7M
Q2 24
$28.9M
Q1 24
$21.2M
Free Cash Flow
ELME
ELME
QIPT
QIPT
Q4 25
$6.9M
Q3 25
$7.2M
$8.0M
Q2 25
$21.1M
$4.4M
Q1 25
$10.5M
$7.3M
Q4 24
$47.9M
$5.6M
Q3 24
$8.8M
Q2 24
$21.0M
Q1 24
$7.6M
FCF Margin
ELME
ELME
QIPT
QIPT
Q4 25
14.0%
Q3 25
11.6%
20.0%
Q2 25
34.1%
12.6%
Q1 25
17.1%
22.0%
Q4 24
78.1%
15.2%
Q3 24
14.4%
Q2 24
34.9%
Q1 24
12.8%
Capex Intensity
ELME
ELME
QIPT
QIPT
Q4 25
4.2%
Q3 25
14.0%
4.6%
Q2 25
14.0%
14.9%
Q1 25
9.2%
4.8%
Q4 24
77.4%
9.9%
Q3 24
19.4%
Q2 24
13.1%
Q1 24
22.9%

Financial Flow Comparison

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

Revenue Breakdown by Segment

ELME
ELME

Residential Segment$57.7M93%
Other$4.4M7%

QIPT
QIPT

Segment breakdown not available.

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