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Side-by-side financial comparison of MFA FINANCIAL, INC. (MFA) and Quipt Home Medical Corp. (QIPT). Click either name above to swap in a different company.
MFA FINANCIAL, INC. is the larger business by last-quarter revenue ($55.5M vs $49.0M, roughly 1.1× Quipt Home Medical Corp.). On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs 9.2%).
MFA Financial, Inc. is a U.S.-headquartered real estate investment trust (REIT) specializing in investing in and managing residential and commercial mortgage-backed securities, mortgage loans, and other real estate-related financial assets. It caters primarily to institutional and individual investors across the U.S., focusing on delivering stable risk-adjusted returns via rigorous asset screening and risk management frameworks.
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.
MFA vs QIPT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $55.5M | $49.0M |
| Net Profit | — | $-1.1M |
| Gross Margin | — | 53.5% |
| Operating Margin | 97.9% | 2.1% |
| Net Margin | — | -2.1% |
| Revenue YoY | 9.2% | 32.3% |
| Net Profit YoY | — | 2.9% |
| EPS (diluted) | $0.43 | $-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 | $55.5M | $49.0M | ||
| Q3 25 | $56.8M | $39.8M | ||
| Q2 25 | $61.3M | $35.1M | ||
| Q1 25 | $57.5M | $33.3M | ||
| Q4 24 | $50.8M | $37.1M | ||
| Q3 24 | $50.6M | — | ||
| Q2 24 | $53.5M | — | ||
| Q1 24 | $47.8M | — |
| Q4 25 | — | $-1.1M | ||
| Q3 25 | $48.1M | $-3.5M | ||
| Q2 25 | $33.2M | $-3.0M | ||
| Q1 25 | $41.2M | $-3.0M | ||
| Q4 24 | — | $-1.1M | ||
| Q3 24 | $48.2M | — | ||
| Q2 24 | $41.9M | — | ||
| Q1 24 | $23.2M | — |
| 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 | 97.9% | 2.1% | ||
| Q3 25 | 84.5% | -3.6% | ||
| Q2 25 | 54.5% | -5.2% | ||
| Q1 25 | 70.0% | -3.0% | ||
| Q4 24 | 6.8% | 1.2% | ||
| Q3 24 | 98.2% | — | ||
| Q2 24 | 79.1% | — | ||
| Q1 24 | 50.7% | — |
| Q4 25 | — | -2.1% | ||
| Q3 25 | 84.7% | -8.9% | ||
| Q2 25 | 54.2% | -8.6% | ||
| Q1 25 | 71.6% | -9.1% | ||
| Q4 24 | — | -2.9% | ||
| Q3 24 | 95.2% | — | ||
| Q2 24 | 78.4% | — | ||
| Q1 24 | 48.5% | — |
| Q4 25 | $0.43 | $-0.02 | ||
| Q3 25 | $0.35 | $-0.07 | ||
| Q2 25 | $0.21 | $-0.07 | ||
| Q1 25 | $0.31 | $-0.07 | ||
| Q4 24 | $-0.01 | $-0.03 | ||
| Q3 24 | $0.37 | — | ||
| Q2 24 | $0.32 | — | ||
| Q1 24 | $0.14 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $213.2M | $10.5M |
| Total DebtLower is stronger | — | $84.0M |
| Stockholders' EquityBook value | $1.8B | $113.0M |
| Total Assets | $13.0B | $280.7M |
| Debt / EquityLower = less leverage | — | 0.74× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $213.2M | $10.5M | ||
| Q3 25 | $305.2M | $12.9M | ||
| Q2 25 | $275.7M | $11.3M | ||
| Q1 25 | $253.7M | $17.1M | ||
| Q4 24 | $338.9M | $15.5M | ||
| Q3 24 | $305.6M | — | ||
| Q2 24 | $289.4M | — | ||
| Q1 24 | $306.3M | — |
| 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 | $1.8B | $113.0M | ||
| Q3 25 | $1.8B | $112.1M | ||
| Q2 25 | $1.8B | $102.5M | ||
| Q1 25 | $1.8B | $103.6M | ||
| Q4 24 | $1.8B | $106.3M | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.9B | — | ||
| Q1 24 | $1.9B | — |
| Q4 25 | $13.0B | $280.7M | ||
| Q3 25 | $12.1B | $283.3M | ||
| Q2 25 | $11.7B | $236.1M | ||
| Q1 25 | $11.5B | $244.6M | ||
| Q4 24 | $11.4B | $242.8M | ||
| Q3 24 | $11.2B | — | ||
| Q2 24 | $11.1B | — | ||
| Q1 24 | $10.9B | — |
| 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 | $76.2M | $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.
| Q4 25 | $76.2M | $8.9M | ||
| Q3 25 | $14.7M | $9.8M | ||
| Q2 25 | $38.5M | $9.7M | ||
| Q1 25 | $-14.6M | $8.9M | ||
| Q4 24 | $200.1M | $9.3M | ||
| Q3 24 | $-11.3M | — | ||
| Q2 24 | $46.5M | — | ||
| Q1 24 | $53.5M | — |
| 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 | — | — | ||
| Q3 25 | 0.31× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | -0.35× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.23× | — | ||
| Q2 24 | 1.11× | — | ||
| Q1 24 | 2.30× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.