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

Quipt Home Medical Corp. is the larger business by last-quarter revenue ($49.0M vs $35.2M, roughly 1.4× Expensify, Inc.). On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs -4.9%).

Expensify, Inc. is a software company that develops an expense management system for personal and business use. Expensify also offers a business credit card called the Expensify Card.

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.

EXFY vs QIPT — Head-to-Head

Bigger by revenue
QIPT
QIPT
1.4× larger
QIPT
$49.0M
$35.2M
EXFY
Growing faster (revenue YoY)
QIPT
QIPT
+37.1% gap
QIPT
32.3%
-4.9%
EXFY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EXFY
EXFY
QIPT
QIPT
Revenue
$35.2M
$49.0M
Net Profit
$-1.1M
Gross Margin
49.2%
53.5%
Operating Margin
-11.2%
2.1%
Net Margin
-2.1%
Revenue YoY
-4.9%
32.3%
Net Profit YoY
2.9%
EPS (diluted)
$-0.07
$-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
EXFY
EXFY
QIPT
QIPT
Q4 25
$35.2M
$49.0M
Q3 25
$35.1M
$39.8M
Q2 25
$35.8M
$35.1M
Q1 25
$36.1M
$33.3M
Q4 24
$37.0M
$37.1M
Q3 24
$35.4M
Q2 24
$33.3M
Q1 24
$33.5M
Net Profit
EXFY
EXFY
QIPT
QIPT
Q4 25
$-1.1M
Q3 25
$-2.3M
$-3.5M
Q2 25
$-8.8M
$-3.0M
Q1 25
$-3.2M
$-3.0M
Q4 24
$-1.1M
Q3 24
$-2.2M
Q2 24
$-2.8M
Q1 24
$-3.8M
Gross Margin
EXFY
EXFY
QIPT
QIPT
Q4 25
49.2%
53.5%
Q3 25
49.6%
48.7%
Q2 25
51.9%
57.6%
Q1 25
50.6%
54.6%
Q4 24
51.0%
52.1%
Q3 24
51.6%
Q2 24
56.9%
Q1 24
56.5%
Operating Margin
EXFY
EXFY
QIPT
QIPT
Q4 25
-11.2%
2.1%
Q3 25
-6.4%
-3.6%
Q2 25
-28.9%
-5.2%
Q1 25
-4.1%
-3.0%
Q4 24
1.3%
1.2%
Q3 24
0.8%
Q2 24
0.7%
Q1 24
-5.3%
Net Margin
EXFY
EXFY
QIPT
QIPT
Q4 25
-2.1%
Q3 25
-6.6%
-8.9%
Q2 25
-24.6%
-8.6%
Q1 25
-8.8%
-9.1%
Q4 24
-2.9%
Q3 24
-6.2%
Q2 24
-8.3%
Q1 24
-11.3%
EPS (diluted)
EXFY
EXFY
QIPT
QIPT
Q4 25
$-0.07
$-0.02
Q3 25
$-0.03
$-0.07
Q2 25
$-0.10
$-0.07
Q1 25
$-0.03
$-0.07
Q4 24
$-0.03
$-0.03
Q3 24
$-0.02
Q2 24
$-0.03
Q1 24
$-0.04

Balance Sheet & Financial Strength

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

Metric
EXFY
EXFY
QIPT
QIPT
Cash + ST InvestmentsLiquidity on hand
$63.1M
$10.5M
Total DebtLower is stronger
$84.0M
Stockholders' EquityBook value
$132.7M
$113.0M
Total Assets
$186.0M
$280.7M
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXFY
EXFY
QIPT
QIPT
Q4 25
$63.1M
$10.5M
Q3 25
$61.5M
$12.9M
Q2 25
$60.5M
$11.3M
Q1 25
$59.6M
$17.1M
Q4 24
$48.8M
$15.5M
Q3 24
$39.2M
Q2 24
$53.2M
Q1 24
$49.3M
Total Debt
EXFY
EXFY
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
EXFY
EXFY
QIPT
QIPT
Q4 25
$132.7M
$113.0M
Q3 25
$135.7M
$112.1M
Q2 25
$131.8M
$102.5M
Q1 25
$134.7M
$103.6M
Q4 24
$128.2M
$106.3M
Q3 24
$119.9M
Q2 24
$114.0M
Q1 24
$106.5M
Total Assets
EXFY
EXFY
QIPT
QIPT
Q4 25
$186.0M
$280.7M
Q3 25
$186.8M
$283.3M
Q2 25
$187.1M
$236.1M
Q1 25
$189.2M
$244.6M
Q4 24
$173.7M
$242.8M
Q3 24
$176.2M
Q2 24
$192.9M
Q1 24
$184.8M
Debt / Equity
EXFY
EXFY
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
EXFY
EXFY
QIPT
QIPT
Operating Cash FlowLast quarter
$2.2M
$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.

Operating Cash Flow
EXFY
EXFY
QIPT
QIPT
Q4 25
$2.2M
$8.9M
Q3 25
$4.2M
$9.8M
Q2 25
$8.9M
$9.7M
Q1 25
$4.8M
$8.9M
Q4 24
$7.4M
$9.3M
Q3 24
$3.7M
Q2 24
$9.3M
Q1 24
$3.5M
Free Cash Flow
EXFY
EXFY
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
EXFY
EXFY
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
EXFY
EXFY
QIPT
QIPT
Q4 25
4.2%
Q3 25
0.0%
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%

Financial Flow Comparison

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

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