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Side-by-side financial comparison of Quipt Home Medical Corp. (QIPT) and SOUTH PLAINS FINANCIAL, INC. (SPFI). Click either name above to swap in a different company.

SOUTH PLAINS FINANCIAL, INC. is the larger business by last-quarter revenue ($54.1M vs $49.0M, roughly 1.1× Quipt Home Medical Corp.). SOUTH PLAINS FINANCIAL, INC. runs the higher net margin — 26.9% vs -2.1%, a 29.0% 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.

Ally Financial Inc. is an American bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan. The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.

QIPT vs SPFI — Head-to-Head

Bigger by revenue
SPFI
SPFI
1.1× larger
SPFI
$54.1M
$49.0M
QIPT
Higher net margin
SPFI
SPFI
29.0% more per $
SPFI
26.9%
-2.1%
QIPT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
QIPT
QIPT
SPFI
SPFI
Revenue
$49.0M
$54.1M
Net Profit
$-1.1M
$14.5M
Gross Margin
53.5%
Operating Margin
2.1%
Net Margin
-2.1%
26.9%
Revenue YoY
32.3%
Net Profit YoY
2.9%
18.3%
EPS (diluted)
$-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
QIPT
QIPT
SPFI
SPFI
Q1 26
$54.1M
Q4 25
$49.0M
$53.9M
Q3 25
$39.8M
$54.2M
Q2 25
$35.1M
$54.7M
Q1 25
$33.3M
$49.2M
Q4 24
$37.1M
$51.9M
Q3 24
$47.9M
Q2 24
$48.6M
Net Profit
QIPT
QIPT
SPFI
SPFI
Q1 26
$14.5M
Q4 25
$-1.1M
Q3 25
$-3.5M
$16.3M
Q2 25
$-3.0M
$14.6M
Q1 25
$-3.0M
$12.3M
Q4 24
$-1.1M
Q3 24
$11.2M
Q2 24
$11.1M
Gross Margin
QIPT
QIPT
SPFI
SPFI
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
SPFI
SPFI
Q1 26
Q4 25
2.1%
35.4%
Q3 25
-3.6%
38.1%
Q2 25
-5.2%
34.1%
Q1 25
-3.0%
31.9%
Q4 24
1.2%
39.9%
Q3 24
29.8%
Q2 24
29.3%
Net Margin
QIPT
QIPT
SPFI
SPFI
Q1 26
26.9%
Q4 25
-2.1%
Q3 25
-8.9%
30.1%
Q2 25
-8.6%
26.7%
Q1 25
-9.1%
25.0%
Q4 24
-2.9%
Q3 24
23.4%
Q2 24
22.9%
EPS (diluted)
QIPT
QIPT
SPFI
SPFI
Q1 26
Q4 25
$-0.02
$0.90
Q3 25
$-0.07
$0.96
Q2 25
$-0.07
$0.86
Q1 25
$-0.07
$0.72
Q4 24
$-0.03
$0.96
Q3 24
$0.66
Q2 24
$0.66

Balance Sheet & Financial Strength

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

Metric
QIPT
QIPT
SPFI
SPFI
Cash + ST InvestmentsLiquidity on hand
$10.5M
$722.0M
Total DebtLower is stronger
$84.0M
$3.0K
Stockholders' EquityBook value
$113.0M
$504.9M
Total Assets
$280.7M
$4.6B
Debt / EquityLower = less leverage
0.74×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QIPT
QIPT
SPFI
SPFI
Q1 26
$722.0M
Q4 25
$10.5M
$552.4M
Q3 25
$12.9M
$635.0M
Q2 25
$11.3M
$470.5M
Q1 25
$17.1M
$536.3M
Q4 24
$15.5M
$359.1M
Q3 24
$471.2M
Q2 24
$298.0M
Total Debt
QIPT
QIPT
SPFI
SPFI
Q1 26
$3.0K
Q4 25
$84.0M
Q3 25
$87.6M
Q2 25
$66.0M
Q1 25
$71.5M
Q4 24
$70.6M
Q3 24
Q2 24
Stockholders' Equity
QIPT
QIPT
SPFI
SPFI
Q1 26
$504.9M
Q4 25
$113.0M
$493.8M
Q3 25
$112.1M
$477.8M
Q2 25
$102.5M
$454.1M
Q1 25
$103.6M
$443.7M
Q4 24
$106.3M
$438.9M
Q3 24
$443.1M
Q2 24
$418.0M
Total Assets
QIPT
QIPT
SPFI
SPFI
Q1 26
$4.6B
Q4 25
$280.7M
$4.5B
Q3 25
$283.3M
$4.5B
Q2 25
$236.1M
$4.4B
Q1 25
$244.6M
$4.4B
Q4 24
$242.8M
$4.2B
Q3 24
$4.3B
Q2 24
$4.2B
Debt / Equity
QIPT
QIPT
SPFI
SPFI
Q1 26
0.00×
Q4 25
0.74×
Q3 25
0.78×
Q2 25
0.64×
Q1 25
0.69×
Q4 24
0.66×
Q3 24
Q2 24

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
SPFI
SPFI
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
SPFI
SPFI
Q1 26
Q4 25
$8.9M
$77.5M
Q3 25
$9.8M
$24.2M
Q2 25
$9.7M
$14.7M
Q1 25
$8.9M
$26.1M
Q4 24
$9.3M
$59.4M
Q3 24
$17.9M
Q2 24
$18.2M
Free Cash Flow
QIPT
QIPT
SPFI
SPFI
Q1 26
Q4 25
$6.9M
$71.8M
Q3 25
$8.0M
$22.5M
Q2 25
$4.4M
$13.0M
Q1 25
$7.3M
$25.0M
Q4 24
$5.6M
$56.0M
Q3 24
$17.1M
Q2 24
$17.1M
FCF Margin
QIPT
QIPT
SPFI
SPFI
Q1 26
Q4 25
14.0%
133.3%
Q3 25
20.0%
41.5%
Q2 25
12.6%
23.8%
Q1 25
22.0%
50.8%
Q4 24
15.2%
108.0%
Q3 24
35.7%
Q2 24
35.2%
Capex Intensity
QIPT
QIPT
SPFI
SPFI
Q1 26
Q4 25
4.2%
10.5%
Q3 25
4.6%
3.2%
Q2 25
14.9%
3.2%
Q1 25
4.8%
2.3%
Q4 24
9.9%
6.5%
Q3 24
1.6%
Q2 24
2.2%
Cash Conversion
QIPT
QIPT
SPFI
SPFI
Q1 26
Q4 25
Q3 25
1.48×
Q2 25
1.01×
Q1 25
2.12×
Q4 24
Q3 24
1.59×
Q2 24
1.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

QIPT
QIPT

Segment breakdown not available.

SPFI
SPFI

Net Interest Income$42.9M79%
Noninterest Income$11.3M21%

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