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Side-by-side financial comparison of Primis Financial Corp. (FRST) 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 $45.6M, roughly 1.1× Primis Financial Corp.). Primis Financial Corp. runs the higher net margin — 16.0% vs -2.1%, a 18.2% gap on every dollar of revenue.

Primis Financial Corp is a U.S.-based financial holding company operating full-service banking subsidiaries. It provides a comprehensive range of financial solutions including personal and commercial deposit products, diverse loan facilities, mortgage services, and wealth management support, primarily serving retail and corporate customers across the U.S. mid-Atlantic region.

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.

FRST vs QIPT — Head-to-Head

Bigger by revenue
QIPT
QIPT
1.1× larger
QIPT
$49.0M
$45.6M
FRST
Higher net margin
FRST
FRST
18.2% more per $
FRST
16.0%
-2.1%
QIPT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FRST
FRST
QIPT
QIPT
Revenue
$45.6M
$49.0M
Net Profit
$7.3M
$-1.1M
Gross Margin
53.5%
Operating Margin
2.1%
Net Margin
16.0%
-2.1%
Revenue YoY
32.3%
Net Profit YoY
200.0%
2.9%
EPS (diluted)
$0.30
$-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
FRST
FRST
QIPT
QIPT
Q1 26
$45.6M
Q4 25
$80.9M
$49.0M
Q3 25
$41.0M
$39.8M
Q2 25
$43.2M
$35.1M
Q1 25
$58.7M
$33.3M
Q4 24
$38.8M
$37.1M
Q3 24
$37.3M
Q2 24
$35.7M
Net Profit
FRST
FRST
QIPT
QIPT
Q1 26
$7.3M
Q4 25
$29.5M
$-1.1M
Q3 25
$6.8M
$-3.5M
Q2 25
$2.4M
$-3.0M
Q1 25
$22.6M
$-3.0M
Q4 24
$-26.2M
$-1.1M
Q3 24
$1.2M
Q2 24
$3.4M
Gross Margin
FRST
FRST
QIPT
QIPT
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
Operating Margin
FRST
FRST
QIPT
QIPT
Q1 26
Q4 25
44.8%
2.1%
Q3 25
21.3%
-3.6%
Q2 25
6.9%
-5.2%
Q1 25
41.9%
-3.0%
Q4 24
-123.0%
1.2%
Q3 24
-3.1%
Q2 24
7.8%
Net Margin
FRST
FRST
QIPT
QIPT
Q1 26
16.0%
Q4 25
36.5%
-2.1%
Q3 25
16.7%
-8.9%
Q2 25
5.6%
-8.6%
Q1 25
38.6%
-9.1%
Q4 24
-100.3%
-2.9%
Q3 24
3.3%
Q2 24
9.6%
EPS (diluted)
FRST
FRST
QIPT
QIPT
Q1 26
$0.30
Q4 25
$1.19
$-0.02
Q3 25
$0.28
$-0.07
Q2 25
$0.10
$-0.07
Q1 25
$0.92
$-0.07
Q4 24
$-0.95
$-0.03
Q3 24
$0.05
Q2 24
$0.14

Balance Sheet & Financial Strength

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

Metric
FRST
FRST
QIPT
QIPT
Cash + ST InvestmentsLiquidity on hand
$159.9M
$10.5M
Total DebtLower is stronger
$84.0M
Stockholders' EquityBook value
$427.2M
$113.0M
Total Assets
$4.3B
$280.7M
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRST
FRST
QIPT
QIPT
Q1 26
$159.9M
Q4 25
$143.6M
$10.5M
Q3 25
$63.9M
$12.9M
Q2 25
$94.1M
$11.3M
Q1 25
$57.0M
$17.1M
Q4 24
$64.5M
$15.5M
Q3 24
$77.3M
Q2 24
$66.6M
Total Debt
FRST
FRST
QIPT
QIPT
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
Stockholders' Equity
FRST
FRST
QIPT
QIPT
Q1 26
$427.2M
Q4 25
$422.9M
$113.0M
Q3 25
$382.2M
$112.1M
Q2 25
$376.4M
$102.5M
Q1 25
$375.6M
$103.6M
Q4 24
$351.8M
$106.3M
Q3 24
$381.0M
Q2 24
$376.0M
Total Assets
FRST
FRST
QIPT
QIPT
Q1 26
$4.3B
Q4 25
$4.0B
$280.7M
Q3 25
$4.0B
$283.3M
Q2 25
$3.9B
$236.1M
Q1 25
$3.7B
$244.6M
Q4 24
$3.7B
$242.8M
Q3 24
$4.0B
Q2 24
$4.0B
Debt / Equity
FRST
FRST
QIPT
QIPT
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
FRST
FRST
QIPT
QIPT
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.

Operating Cash Flow
FRST
FRST
QIPT
QIPT
Q1 26
Q4 25
$10.8M
$8.9M
Q3 25
$-11.4M
$9.8M
Q2 25
$-41.0M
$9.7M
Q1 25
$34.4M
$8.9M
Q4 24
$19.5M
$9.3M
Q3 24
$6.1M
Q2 24
$52.3M
Free Cash Flow
FRST
FRST
QIPT
QIPT
Q1 26
Q4 25
$9.0M
$6.9M
Q3 25
$8.0M
Q2 25
$4.4M
Q1 25
$7.3M
Q4 24
$18.3M
$5.6M
Q3 24
Q2 24
FCF Margin
FRST
FRST
QIPT
QIPT
Q1 26
Q4 25
11.2%
14.0%
Q3 25
20.0%
Q2 25
12.6%
Q1 25
22.0%
Q4 24
47.3%
15.2%
Q3 24
Q2 24
Capex Intensity
FRST
FRST
QIPT
QIPT
Q1 26
Q4 25
2.1%
4.2%
Q3 25
4.6%
Q2 25
14.9%
Q1 25
4.8%
Q4 24
3.1%
9.9%
Q3 24
0.0%
Q2 24
0.0%
Cash Conversion
FRST
FRST
QIPT
QIPT
Q1 26
Q4 25
0.36×
Q3 25
-1.67×
Q2 25
-16.82×
Q1 25
1.52×
Q4 24
Q3 24
4.93×
Q2 24
15.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FRST
FRST

Net Interest Income$32.1M70%
Noninterest Income$13.6M30%

QIPT
QIPT

Segment breakdown not available.

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