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

Plymouth Industrial REIT, Inc. is the larger business by last-quarter revenue ($51.2M vs $49.0M, roughly 1.0× Quipt Home Medical Corp.). Quipt Home Medical Corp. runs the higher net margin — -2.1% vs -106.3%, a 104.1% gap on every dollar of revenue. On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs -1.4%).

Plymouth Industrial REIT, Inc. is a real estate investment trust focused on owning, operating, and acquiring high-quality industrial properties including distribution centers, warehouses, and light industrial facilities across key U.S. logistics hubs. It serves tenants in e-commerce, retail, manufacturing, and third-party logistics sectors, supporting diverse business supply chain needs.

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.

PLYM vs QIPT — Head-to-Head

Bigger by revenue
PLYM
PLYM
1.0× larger
PLYM
$51.2M
$49.0M
QIPT
Growing faster (revenue YoY)
QIPT
QIPT
+33.6% gap
QIPT
32.3%
-1.4%
PLYM
Higher net margin
QIPT
QIPT
104.1% more per $
QIPT
-2.1%
-106.3%
PLYM

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
PLYM
PLYM
QIPT
QIPT
Revenue
$51.2M
$49.0M
Net Profit
$-54.4M
$-1.1M
Gross Margin
53.5%
Operating Margin
-102.5%
2.1%
Net Margin
-106.3%
-2.1%
Revenue YoY
-1.4%
32.3%
Net Profit YoY
-248.5%
2.9%
EPS (diluted)
$-1.23
$-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
PLYM
PLYM
QIPT
QIPT
Q4 25
$49.0M
Q3 25
$51.2M
$39.8M
Q2 25
$47.2M
$35.1M
Q1 25
$45.6M
$33.3M
Q4 24
$47.6M
$37.1M
Q3 24
$51.9M
Q2 24
$48.7M
Q1 24
$50.2M
Net Profit
PLYM
PLYM
QIPT
QIPT
Q4 25
$-1.1M
Q3 25
$-54.4M
$-3.5M
Q2 25
$-6.1M
$-3.0M
Q1 25
$5.8M
$-3.0M
Q4 24
$147.4M
$-1.1M
Q3 24
$-15.6M
Q2 24
$1.3M
Q1 24
$6.2M
Gross Margin
PLYM
PLYM
QIPT
QIPT
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
Operating Margin
PLYM
PLYM
QIPT
QIPT
Q4 25
2.1%
Q3 25
-102.5%
-3.6%
Q2 25
-10.3%
-5.2%
Q1 25
-3.0%
Q4 24
1.2%
Q3 24
-29.6%
Q2 24
2.7%
Q1 24
Net Margin
PLYM
PLYM
QIPT
QIPT
Q4 25
-2.1%
Q3 25
-106.3%
-8.9%
Q2 25
-12.9%
-8.6%
Q1 25
12.8%
-9.1%
Q4 24
309.9%
-2.9%
Q3 24
-30.1%
Q2 24
2.7%
Q1 24
12.4%
EPS (diluted)
PLYM
PLYM
QIPT
QIPT
Q4 25
$-0.02
Q3 25
$-1.23
$-0.07
Q2 25
$-0.14
$-0.07
Q1 25
$0.13
$-0.07
Q4 24
$3.24
$-0.03
Q3 24
$-0.35
Q2 24
$0.03
Q1 24
$0.14

Balance Sheet & Financial Strength

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

Metric
PLYM
PLYM
QIPT
QIPT
Cash + ST InvestmentsLiquidity on hand
$10.5M
Total DebtLower is stronger
$84.0M
Stockholders' EquityBook value
$470.1M
$113.0M
Total Assets
$1.6B
$280.7M
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLYM
PLYM
QIPT
QIPT
Q4 25
$10.5M
Q3 25
$12.9M
Q2 25
$11.3M
Q1 25
$17.1M
Q4 24
$15.5M
Q3 24
Q2 24
Q1 24
Total Debt
PLYM
PLYM
QIPT
QIPT
Q4 25
$84.0M
Q3 25
$87.6M
Q2 25
$66.0M
Q1 25
$71.5M
Q4 24
$646.4M
$70.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PLYM
PLYM
QIPT
QIPT
Q4 25
$113.0M
Q3 25
$470.1M
$112.1M
Q2 25
$539.6M
$102.5M
Q1 25
$571.0M
$103.6M
Q4 24
$579.5M
$106.3M
Q3 24
$436.5M
Q2 24
$475.2M
Q1 24
$484.6M
Total Assets
PLYM
PLYM
QIPT
QIPT
Q4 25
$280.7M
Q3 25
$1.6B
$283.3M
Q2 25
$1.6B
$236.1M
Q1 25
$1.4B
$244.6M
Q4 24
$1.4B
$242.8M
Q3 24
$1.5B
Q2 24
$1.4B
Q1 24
$1.4B
Debt / Equity
PLYM
PLYM
QIPT
QIPT
Q4 25
0.74×
Q3 25
0.78×
Q2 25
0.64×
Q1 25
0.69×
Q4 24
1.12×
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
PLYM
PLYM
QIPT
QIPT
Operating Cash FlowLast quarter
$20.0M
$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
PLYM
PLYM
QIPT
QIPT
Q4 25
$8.9M
Q3 25
$20.0M
$9.8M
Q2 25
$23.4M
$9.7M
Q1 25
$15.6M
$8.9M
Q4 24
$96.1M
$9.3M
Q3 24
$17.6M
Q2 24
$19.9M
Q1 24
$16.6M
Free Cash Flow
PLYM
PLYM
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
PLYM
PLYM
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
PLYM
PLYM
QIPT
QIPT
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
Cash Conversion
PLYM
PLYM
QIPT
QIPT
Q4 25
Q3 25
Q2 25
Q1 25
2.67×
Q4 24
0.65×
Q3 24
Q2 24
15.12×
Q1 24
2.67×

Financial Flow Comparison

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

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