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

NETSTREIT Corp. is the larger business by last-quarter revenue ($57.1M vs $49.0M, roughly 1.2× Quipt Home Medical Corp.). NETSTREIT Corp. runs the higher net margin — 10.0% vs -2.1%, a 12.2% gap on every dollar of revenue. On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs 24.3%).

NETSTREIT Corp. is a US-headquartered real estate investment trust (REIT) that specializes in acquiring and operating a diversified portfolio of single-tenant net lease commercial properties. Its asset portfolio covers retail, industrial and office categories, primarily catering to investment-grade corporate tenants across the United States market.

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.

NTST vs QIPT — Head-to-Head

Bigger by revenue
NTST
NTST
1.2× larger
NTST
$57.1M
$49.0M
QIPT
Growing faster (revenue YoY)
QIPT
QIPT
+8.0% gap
QIPT
32.3%
24.3%
NTST
Higher net margin
NTST
NTST
12.2% more per $
NTST
10.0%
-2.1%
QIPT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NTST
NTST
QIPT
QIPT
Revenue
$57.1M
$49.0M
Net Profit
$5.7M
$-1.1M
Gross Margin
53.5%
Operating Margin
34.1%
2.1%
Net Margin
10.0%
-2.1%
Revenue YoY
24.3%
32.3%
Net Profit YoY
235.9%
2.9%
EPS (diluted)
$0.32
$-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
NTST
NTST
QIPT
QIPT
Q1 26
$57.1M
Q4 25
$52.5M
$49.0M
Q3 25
$48.3M
$39.8M
Q2 25
$48.3M
$35.1M
Q1 25
$45.9M
$33.3M
Q4 24
$44.1M
$37.1M
Q3 24
$41.4M
Q2 24
$39.6M
Net Profit
NTST
NTST
QIPT
QIPT
Q1 26
$5.7M
Q4 25
$1.3M
$-1.1M
Q3 25
$618.0K
$-3.5M
Q2 25
$3.3M
$-3.0M
Q1 25
$1.7M
$-3.0M
Q4 24
$-5.4M
$-1.1M
Q3 24
$-5.3M
Q2 24
$-2.3M
Gross Margin
NTST
NTST
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
NTST
NTST
QIPT
QIPT
Q1 26
34.1%
Q4 25
2.6%
2.1%
Q3 25
1.3%
-3.6%
Q2 25
6.8%
-5.2%
Q1 25
3.7%
-3.0%
Q4 24
-12.3%
1.2%
Q3 24
-12.8%
Q2 24
-5.8%
Net Margin
NTST
NTST
QIPT
QIPT
Q1 26
10.0%
Q4 25
2.5%
-2.1%
Q3 25
1.3%
-8.9%
Q2 25
6.8%
-8.6%
Q1 25
3.7%
-9.1%
Q4 24
-12.3%
-2.9%
Q3 24
-12.8%
Q2 24
-5.8%
EPS (diluted)
NTST
NTST
QIPT
QIPT
Q1 26
$0.32
Q4 25
$0.01
$-0.02
Q3 25
$0.01
$-0.07
Q2 25
$0.04
$-0.07
Q1 25
$0.02
$-0.07
Q4 24
$-0.07
$-0.03
Q3 24
$-0.07
Q2 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
NTST
NTST
QIPT
QIPT
Cash + ST InvestmentsLiquidity on hand
$10.5M
Total DebtLower is stronger
$84.0M
Stockholders' EquityBook value
$1.5B
$113.0M
Total Assets
$2.8B
$280.7M
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTST
NTST
QIPT
QIPT
Q1 26
Q4 25
$10.5M
Q3 25
$12.9M
Q2 25
$11.3M
Q1 25
$17.1M
Q4 24
$15.5M
Q3 24
Q2 24
Total Debt
NTST
NTST
QIPT
QIPT
Q1 26
Q4 25
$1.1B
$84.0M
Q3 25
$1.1B
$87.6M
Q2 25
$926.6M
$66.0M
Q1 25
$913.3M
$71.5M
Q4 24
$868.3M
$70.6M
Q3 24
$778.7M
Q2 24
$726.2M
Stockholders' Equity
NTST
NTST
QIPT
QIPT
Q1 26
$1.5B
Q4 25
$1.4B
$113.0M
Q3 25
$1.3B
$112.1M
Q2 25
$1.3B
$102.5M
Q1 25
$1.3B
$103.6M
Q4 24
$1.3B
$106.3M
Q3 24
$1.3B
Q2 24
$1.3B
Total Assets
NTST
NTST
QIPT
QIPT
Q1 26
$2.8B
Q4 25
$2.6B
$280.7M
Q3 25
$2.5B
$283.3M
Q2 25
$2.3B
$236.1M
Q1 25
$2.3B
$244.6M
Q4 24
$2.3B
$242.8M
Q3 24
$2.2B
Q2 24
$2.1B
Debt / Equity
NTST
NTST
QIPT
QIPT
Q1 26
Q4 25
0.76×
0.74×
Q3 25
0.84×
0.78×
Q2 25
0.70×
0.64×
Q1 25
0.70×
0.69×
Q4 24
0.65×
0.66×
Q3 24
0.58×
Q2 24
0.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NTST
NTST
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
NTST
NTST
QIPT
QIPT
Q1 26
Q4 25
$109.5M
$8.9M
Q3 25
$28.0M
$9.8M
Q2 25
$30.6M
$9.7M
Q1 25
$22.1M
$8.9M
Q4 24
$90.2M
$9.3M
Q3 24
$25.1M
Q2 24
$25.4M
Free Cash Flow
NTST
NTST
QIPT
QIPT
Q1 26
Q4 25
$6.9M
Q3 25
$8.0M
Q2 25
$4.4M
Q1 25
$7.3M
Q4 24
$5.6M
Q3 24
Q2 24
FCF Margin
NTST
NTST
QIPT
QIPT
Q1 26
Q4 25
14.0%
Q3 25
20.0%
Q2 25
12.6%
Q1 25
22.0%
Q4 24
15.2%
Q3 24
Q2 24
Capex Intensity
NTST
NTST
QIPT
QIPT
Q1 26
Q4 25
4.2%
Q3 25
4.6%
Q2 25
14.9%
Q1 25
4.8%
Q4 24
9.9%
Q3 24
Q2 24
Cash Conversion
NTST
NTST
QIPT
QIPT
Q1 26
Q4 25
82.46×
Q3 25
45.27×
Q2 25
9.36×
Q1 25
13.06×
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NTST
NTST

Rental revenue (including reimbursable)$54.0M95%
Other$3.0M5%

QIPT
QIPT

Segment breakdown not available.

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