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

SMARTFINANCIAL INC. is the larger business by last-quarter revenue ($53.8M vs $49.0M, roughly 1.1× Quipt Home Medical Corp.). SMARTFINANCIAL INC. runs the higher net margin — 25.4% vs -2.1%, a 27.6% gap on every dollar of revenue.

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.

SmartFinancial Inc. is a U.S.-based bank holding company that operates its wholly owned subsidiary SmartBank. It offers a full range of retail and commercial banking products including deposit accounts, personal and business loans, mortgage services, and wealth management solutions, primarily serving individual customers and small-to-medium enterprises across the Southeastern United States.

QIPT vs SMBK — Head-to-Head

Bigger by revenue
SMBK
SMBK
1.1× larger
SMBK
$53.8M
$49.0M
QIPT
Higher net margin
SMBK
SMBK
27.6% more per $
SMBK
25.4%
-2.1%
QIPT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
QIPT
QIPT
SMBK
SMBK
Revenue
$49.0M
$53.8M
Net Profit
$-1.1M
$13.7M
Gross Margin
53.5%
Operating Margin
2.1%
Net Margin
-2.1%
25.4%
Revenue YoY
32.3%
Net Profit YoY
2.9%
21.6%
EPS (diluted)
$-0.02
$0.81

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
SMBK
SMBK
Q1 26
$53.8M
Q4 25
$49.0M
$53.3M
Q3 25
$39.8M
$51.1M
Q2 25
$35.1M
$49.2M
Q1 25
$33.3M
$46.8M
Q4 24
$37.1M
$46.8M
Q3 24
$44.2M
Q2 24
$40.4M
Net Profit
QIPT
QIPT
SMBK
SMBK
Q1 26
$13.7M
Q4 25
$-1.1M
$13.7M
Q3 25
$-3.5M
$13.7M
Q2 25
$-3.0M
$11.7M
Q1 25
$-3.0M
$11.3M
Q4 24
$-1.1M
$9.6M
Q3 24
$9.1M
Q2 24
$8.0M
Gross Margin
QIPT
QIPT
SMBK
SMBK
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
QIPT
QIPT
SMBK
SMBK
Q1 26
Q4 25
2.1%
31.3%
Q3 25
-3.6%
33.2%
Q2 25
-5.2%
29.0%
Q1 25
-3.0%
29.0%
Q4 24
1.2%
26.5%
Q3 24
24.3%
Q2 24
25.6%
Net Margin
QIPT
QIPT
SMBK
SMBK
Q1 26
25.4%
Q4 25
-2.1%
25.7%
Q3 25
-8.9%
26.8%
Q2 25
-8.6%
23.8%
Q1 25
-9.1%
24.0%
Q4 24
-2.9%
20.6%
Q3 24
20.7%
Q2 24
19.8%
EPS (diluted)
QIPT
QIPT
SMBK
SMBK
Q1 26
$0.81
Q4 25
$-0.02
$0.81
Q3 25
$-0.07
$0.81
Q2 25
$-0.07
$0.69
Q1 25
$-0.07
$0.67
Q4 24
$-0.03
$0.57
Q3 24
$0.54
Q2 24
$0.48

Balance Sheet & Financial Strength

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

Metric
QIPT
QIPT
SMBK
SMBK
Cash + ST InvestmentsLiquidity on hand
$10.5M
$346.1M
Total DebtLower is stronger
$84.0M
Stockholders' EquityBook value
$113.0M
$562.2M
Total Assets
$280.7M
$5.9B
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QIPT
QIPT
SMBK
SMBK
Q1 26
$346.1M
Q4 25
$10.5M
$464.4M
Q3 25
$12.9M
$557.1M
Q2 25
$11.3M
$365.1M
Q1 25
$17.1M
$423.0M
Q4 24
$15.5M
$387.6M
Q3 24
$192.9M
Q2 24
$342.8M
Total Debt
QIPT
QIPT
SMBK
SMBK
Q1 26
Q4 25
$84.0M
Q3 25
$87.6M
$1.3M
Q2 25
$66.0M
$7.0M
Q1 25
$71.5M
$7.6M
Q4 24
$70.6M
$8.1M
Q3 24
$9.0M
Q2 24
$12.7M
Stockholders' Equity
QIPT
QIPT
SMBK
SMBK
Q1 26
$562.2M
Q4 25
$113.0M
$552.4M
Q3 25
$112.1M
$538.4M
Q2 25
$102.5M
$519.0M
Q1 25
$103.6M
$505.8M
Q4 24
$106.3M
$491.3M
Q3 24
$489.0M
Q2 24
$472.5M
Total Assets
QIPT
QIPT
SMBK
SMBK
Q1 26
$5.9B
Q4 25
$280.7M
$5.9B
Q3 25
$283.3M
$5.8B
Q2 25
$236.1M
$5.5B
Q1 25
$244.6M
$5.4B
Q4 24
$242.8M
$5.3B
Q3 24
$4.9B
Q2 24
$4.9B
Debt / Equity
QIPT
QIPT
SMBK
SMBK
Q1 26
Q4 25
0.74×
Q3 25
0.78×
0.00×
Q2 25
0.64×
0.01×
Q1 25
0.69×
0.02×
Q4 24
0.66×
0.02×
Q3 24
0.02×
Q2 24
0.03×

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
SMBK
SMBK
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
QIPT
QIPT
SMBK
SMBK
Q1 26
Q4 25
$8.9M
$61.7M
Q3 25
$9.8M
$16.9M
Q2 25
$9.7M
$14.0M
Q1 25
$8.9M
$14.3M
Q4 24
$9.3M
$52.7M
Q3 24
$12.4M
Q2 24
$16.5M
Free Cash Flow
QIPT
QIPT
SMBK
SMBK
Q1 26
Q4 25
$6.9M
$59.3M
Q3 25
$8.0M
$16.6M
Q2 25
$4.4M
$13.2M
Q1 25
$7.3M
$13.4M
Q4 24
$5.6M
$46.3M
Q3 24
$11.3M
Q2 24
$15.4M
FCF Margin
QIPT
QIPT
SMBK
SMBK
Q1 26
Q4 25
14.0%
111.3%
Q3 25
20.0%
32.4%
Q2 25
12.6%
26.9%
Q1 25
22.0%
28.5%
Q4 24
15.2%
98.9%
Q3 24
25.7%
Q2 24
38.2%
Capex Intensity
QIPT
QIPT
SMBK
SMBK
Q1 26
Q4 25
4.2%
4.5%
Q3 25
4.6%
0.6%
Q2 25
14.9%
1.6%
Q1 25
4.8%
2.0%
Q4 24
9.9%
13.7%
Q3 24
2.4%
Q2 24
2.7%
Cash Conversion
QIPT
QIPT
SMBK
SMBK
Q1 26
Q4 25
4.50×
Q3 25
1.23×
Q2 25
1.20×
Q1 25
1.27×
Q4 24
5.47×
Q3 24
1.36×
Q2 24
2.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

QIPT
QIPT

Segment breakdown not available.

SMBK
SMBK

Net Interest Income$45.9M85%
Noninterest Income$7.9M15%

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