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

SHENANDOAH TELECOMMUNICATIONS CO is the larger business by last-quarter revenue ($91.6M vs $49.0M, roughly 1.9× Quipt Home Medical Corp.). Quipt Home Medical Corp. runs the higher net margin — -2.1% vs -5.9%, a 3.7% gap on every dollar of revenue. On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs 7.2%). Quipt Home Medical Corp. produced more free cash flow last quarter ($6.9M vs $-78.6M).

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.

Shenandoah Telecommunications Co is a U.S. regional telecom provider offering broadband internet, wireless voice/data services, digital cable TV, and fiber-optic solutions. It serves residential, small business and enterprise clients across Mid-Atlantic states, focusing on underserved rural and suburban markets in Virginia, West Virginia, Maryland and Pennsylvania.

QIPT vs SHEN — Head-to-Head

Bigger by revenue
SHEN
SHEN
1.9× larger
SHEN
$91.6M
$49.0M
QIPT
Growing faster (revenue YoY)
QIPT
QIPT
+25.0% gap
QIPT
32.3%
7.2%
SHEN
Higher net margin
QIPT
QIPT
3.7% more per $
QIPT
-2.1%
-5.9%
SHEN
More free cash flow
QIPT
QIPT
$85.5M more FCF
QIPT
$6.9M
$-78.6M
SHEN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
QIPT
QIPT
SHEN
SHEN
Revenue
$49.0M
$91.6M
Net Profit
$-1.1M
$-5.4M
Gross Margin
53.5%
Operating Margin
2.1%
-1.0%
Net Margin
-2.1%
-5.9%
Revenue YoY
32.3%
7.2%
Net Profit YoY
2.9%
-95.8%
EPS (diluted)
$-0.02
$-0.13

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
QIPT
QIPT
SHEN
SHEN
Q4 25
$49.0M
$91.6M
Q3 25
$39.8M
$89.8M
Q2 25
$35.1M
$88.6M
Q1 25
$33.3M
$87.9M
Q4 24
$37.1M
$85.4M
Q3 24
$87.6M
Q2 24
$85.8M
Q1 24
$69.2M
Net Profit
QIPT
QIPT
SHEN
SHEN
Q4 25
$-1.1M
$-5.4M
Q3 25
$-3.5M
$-9.4M
Q2 25
$-3.0M
$-9.0M
Q1 25
$-3.0M
$-9.1M
Q4 24
$-1.1M
$-2.7M
Q3 24
$-5.3M
Q2 24
$-12.9M
Q1 24
$214.7M
Gross Margin
QIPT
QIPT
SHEN
SHEN
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
QIPT
QIPT
SHEN
SHEN
Q4 25
2.1%
-1.0%
Q3 25
-3.6%
-8.0%
Q2 25
-5.2%
-10.3%
Q1 25
-3.0%
-6.9%
Q4 24
1.2%
-6.7%
Q3 24
-4.8%
Q2 24
-18.5%
Q1 24
-4.0%
Net Margin
QIPT
QIPT
SHEN
SHEN
Q4 25
-2.1%
-5.9%
Q3 25
-8.9%
-10.5%
Q2 25
-8.6%
-10.2%
Q1 25
-9.1%
-10.4%
Q4 24
-2.9%
-3.2%
Q3 24
-6.0%
Q2 24
-15.0%
Q1 24
310.0%
EPS (diluted)
QIPT
QIPT
SHEN
SHEN
Q4 25
$-0.02
$-0.13
Q3 25
$-0.07
$-0.20
Q2 25
$-0.07
$-0.19
Q1 25
$-0.07
$-0.19
Q4 24
$-0.03
$-0.34
Q3 24
$-0.13
Q2 24
$-0.24
Q1 24
$4.25

Balance Sheet & Financial Strength

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

Metric
QIPT
QIPT
SHEN
SHEN
Cash + ST InvestmentsLiquidity on hand
$10.5M
$27.3M
Total DebtLower is stronger
$84.0M
$642.4M
Stockholders' EquityBook value
$113.0M
$880.8M
Total Assets
$280.7M
$1.9B
Debt / EquityLower = less leverage
0.74×
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QIPT
QIPT
SHEN
SHEN
Q4 25
$10.5M
$27.3M
Q3 25
$12.9M
$22.6M
Q2 25
$11.3M
$29.1M
Q1 25
$17.1M
$87.5M
Q4 24
$15.5M
$46.3M
Q3 24
$43.1M
Q2 24
$43.8M
Q1 24
$389.7M
Total Debt
QIPT
QIPT
SHEN
SHEN
Q4 25
$84.0M
$642.4M
Q3 25
$87.6M
$535.4M
Q2 25
$66.0M
$513.1M
Q1 25
$71.5M
$515.8M
Q4 24
$70.6M
$418.0M
Q3 24
$345.2M
Q2 24
$297.4M
Q1 24
$298.7M
Stockholders' Equity
QIPT
QIPT
SHEN
SHEN
Q4 25
$113.0M
$880.8M
Q3 25
$112.1M
$892.7M
Q2 25
$102.5M
$902.0M
Q1 25
$103.6M
$910.5M
Q4 24
$106.3M
$918.6M
Q3 24
$925.4M
Q2 24
$933.1M
Q1 24
$871.6M
Total Assets
QIPT
QIPT
SHEN
SHEN
Q4 25
$280.7M
$1.9B
Q3 25
$283.3M
$1.9B
Q2 25
$236.1M
$1.8B
Q1 25
$244.6M
$1.8B
Q4 24
$242.8M
$1.7B
Q3 24
$1.7B
Q2 24
$1.7B
Q1 24
$1.4B
Debt / Equity
QIPT
QIPT
SHEN
SHEN
Q4 25
0.74×
0.73×
Q3 25
0.78×
0.60×
Q2 25
0.64×
0.57×
Q1 25
0.69×
0.57×
Q4 24
0.66×
0.46×
Q3 24
0.37×
Q2 24
0.32×
Q1 24
0.34×

Cash Flow & Capital Efficiency

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

Metric
QIPT
QIPT
SHEN
SHEN
Operating Cash FlowLast quarter
$8.9M
$28.8M
Free Cash FlowOCF − Capex
$6.9M
$-78.6M
FCF MarginFCF / Revenue
14.0%
-85.8%
Capex IntensityCapex / Revenue
4.2%
117.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$26.6M
$-257.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QIPT
QIPT
SHEN
SHEN
Q4 25
$8.9M
$28.8M
Q3 25
$9.8M
$30.7M
Q2 25
$9.7M
$20.9M
Q1 25
$8.9M
$20.5M
Q4 24
$9.3M
$20.6M
Q3 24
$24.3M
Q2 24
$2.5M
Q1 24
$15.2M
Free Cash Flow
QIPT
QIPT
SHEN
SHEN
Q4 25
$6.9M
$-78.6M
Q3 25
$8.0M
$-51.4M
Q2 25
$4.4M
$-65.3M
Q1 25
$7.3M
$-62.7M
Q4 24
$5.6M
$-72.0M
Q3 24
$-51.3M
Q2 24
$-78.3M
Q1 24
$-54.9M
FCF Margin
QIPT
QIPT
SHEN
SHEN
Q4 25
14.0%
-85.8%
Q3 25
20.0%
-57.2%
Q2 25
12.6%
-73.7%
Q1 25
22.0%
-71.3%
Q4 24
15.2%
-84.3%
Q3 24
-58.5%
Q2 24
-91.3%
Q1 24
-79.3%
Capex Intensity
QIPT
QIPT
SHEN
SHEN
Q4 25
4.2%
117.2%
Q3 25
4.6%
91.4%
Q2 25
14.9%
97.3%
Q1 25
4.8%
94.7%
Q4 24
9.9%
108.4%
Q3 24
86.2%
Q2 24
94.2%
Q1 24
101.2%
Cash Conversion
QIPT
QIPT
SHEN
SHEN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

QIPT
QIPT

Segment breakdown not available.

SHEN
SHEN

Residential And SMB Incumbent Broadband$41.5M45%
Residential And SMB Glo Fiber Expansion Markets$23.0M25%
Commercial Fiber$20.3M22%
RLEC Other$6.8M7%

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