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

SunPower Inc. is the larger business by last-quarter revenue ($79.7M vs $49.0M, roughly 1.6× Quipt Home Medical Corp.). Quipt Home Medical Corp. runs the higher net margin — -2.1% vs -17.8%, a 15.6% gap on every dollar of revenue. On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs -10.1%).

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.

SunPower Corporation is an American provider of photovoltaic solar energy generation systems and battery energy storage products, primarily for residential customers. The company, headquartered in San Jose, California, was founded in 1985 by Richard Swanson, an electrical engineering professor from Stanford University. Cypress Semiconductor bought a majority interest in the company in 2002, growing it quickly until SunPower went public in 2005. TotalEnergies, a French energy and oil company p...

QIPT vs SPWR — Head-to-Head

Bigger by revenue
SPWR
SPWR
1.6× larger
SPWR
$79.7M
$49.0M
QIPT
Growing faster (revenue YoY)
QIPT
QIPT
+42.3% gap
QIPT
32.3%
-10.1%
SPWR
Higher net margin
QIPT
QIPT
15.6% more per $
QIPT
-2.1%
-17.8%
SPWR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
QIPT
QIPT
SPWR
SPWR
Revenue
$49.0M
$79.7M
Net Profit
$-1.1M
$-14.2M
Gross Margin
53.5%
35.5%
Operating Margin
2.1%
-27.4%
Net Margin
-2.1%
-17.8%
Revenue YoY
32.3%
-10.1%
Net Profit YoY
2.9%
-130.1%
EPS (diluted)
$-0.02
$-0.05

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
SPWR
SPWR
Q4 25
$49.0M
$79.7M
Q3 25
$39.8M
$22.0M
Q2 25
$35.1M
$67.5M
Q1 25
$33.3M
$82.7M
Q4 24
$37.1M
$88.7M
Q4 23
$24.6M
Q2 23
$25.6M
Q1 23
$16.7M
Net Profit
QIPT
QIPT
SPWR
SPWR
Q4 25
$-1.1M
$-14.2M
Q3 25
$-3.5M
$-16.9M
Q2 25
$-3.0M
$-22.4M
Q1 25
$-3.0M
$8.1M
Q4 24
$-1.1M
$47.0M
Q4 23
$-206.9M
Q2 23
$-2.7M
Q1 23
$170.2K
Gross Margin
QIPT
QIPT
SPWR
SPWR
Q4 25
53.5%
35.5%
Q3 25
48.7%
Q2 25
57.6%
42.6%
Q1 25
54.6%
48.5%
Q4 24
52.1%
46.5%
Q4 23
25.4%
Q2 23
23.5%
Q1 23
17.1%
Operating Margin
QIPT
QIPT
SPWR
SPWR
Q4 25
2.1%
-27.4%
Q3 25
-3.6%
-15.7%
Q2 25
-5.2%
-4.0%
Q1 25
-3.0%
1.3%
Q4 24
1.2%
-24.2%
Q4 23
-45.1%
Q2 23
-5.9%
Q1 23
-9.7%
Net Margin
QIPT
QIPT
SPWR
SPWR
Q4 25
-2.1%
-17.8%
Q3 25
-8.9%
-76.9%
Q2 25
-8.6%
-33.2%
Q1 25
-9.1%
9.8%
Q4 24
-2.9%
53.0%
Q4 23
-841.3%
Q2 23
-10.4%
Q1 23
1.0%
EPS (diluted)
QIPT
QIPT
SPWR
SPWR
Q4 25
$-0.02
$-0.05
Q3 25
$-0.07
$-0.19
Q2 25
$-0.07
$-0.28
Q1 25
$-0.07
$0.00
Q4 24
$-0.03
$0.27
Q4 23
$-5.20
Q2 23
$-0.41
Q1 23
$-0.93

Balance Sheet & Financial Strength

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

Metric
QIPT
QIPT
SPWR
SPWR
Cash + ST InvestmentsLiquidity on hand
$10.5M
$9.6M
Total DebtLower is stronger
$84.0M
$164.8M
Stockholders' EquityBook value
$113.0M
$-90.1M
Total Assets
$280.7M
$241.2M
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QIPT
QIPT
SPWR
SPWR
Q4 25
$10.5M
$9.6M
Q3 25
$12.9M
$5.1M
Q2 25
$11.3M
$11.1M
Q1 25
$17.1M
$10.6M
Q4 24
$15.5M
$13.4M
Q4 23
Q2 23
Q1 23
Total Debt
QIPT
QIPT
SPWR
SPWR
Q4 25
$84.0M
$164.8M
Q3 25
$87.6M
$204.3M
Q2 25
$66.0M
$152.9M
Q1 25
$71.5M
Q4 24
$70.6M
$147.3M
Q4 23
Q2 23
Q1 23
Stockholders' Equity
QIPT
QIPT
SPWR
SPWR
Q4 25
$113.0M
$-90.1M
Q3 25
$112.1M
$-112.3M
Q2 25
$102.5M
$-107.2M
Q1 25
$103.6M
$-89.0M
Q4 24
$106.3M
$-97.5M
Q4 23
$-50.8M
Q2 23
$-19.8M
Q1 23
$-15.3M
Total Assets
QIPT
QIPT
SPWR
SPWR
Q4 25
$280.7M
$241.2M
Q3 25
$283.3M
$208.3M
Q2 25
$236.1M
$163.1M
Q1 25
$244.6M
$147.8M
Q4 24
$242.8M
$144.5M
Q4 23
Q2 23
$118.4M
Q1 23
$116.6M
Debt / Equity
QIPT
QIPT
SPWR
SPWR
Q4 25
0.74×
Q3 25
0.78×
Q2 25
0.64×
Q1 25
0.69×
Q4 24
0.66×
Q4 23
Q2 23
Q1 23

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
SPWR
SPWR
Operating Cash FlowLast quarter
$8.9M
$-1.9M
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
SPWR
SPWR
Q4 25
$8.9M
$-1.9M
Q3 25
$9.8M
$-6.4M
Q2 25
$9.7M
$-4.4M
Q1 25
$8.9M
$-2.6M
Q4 24
$9.3M
$-25.6M
Q4 23
Q2 23
$15.4M
Q1 23
$-525.4K
Free Cash Flow
QIPT
QIPT
SPWR
SPWR
Q4 25
$6.9M
Q3 25
$8.0M
Q2 25
$4.4M
Q1 25
$7.3M
Q4 24
$5.6M
Q4 23
Q2 23
Q1 23
$-555.4K
FCF Margin
QIPT
QIPT
SPWR
SPWR
Q4 25
14.0%
Q3 25
20.0%
Q2 25
12.6%
Q1 25
22.0%
Q4 24
15.2%
Q4 23
Q2 23
Q1 23
-3.3%
Capex Intensity
QIPT
QIPT
SPWR
SPWR
Q4 25
4.2%
Q3 25
4.6%
Q2 25
14.9%
Q1 25
4.8%
Q4 24
9.9%
Q4 23
2.0%
Q2 23
0.0%
Q1 23
0.2%
Cash Conversion
QIPT
QIPT
SPWR
SPWR
Q4 25
Q3 25
Q2 25
Q1 25
-0.32×
Q4 24
-0.54×
Q4 23
Q2 23
Q1 23
-3.09×

Financial Flow Comparison

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

Revenue Breakdown by Segment

QIPT
QIPT

Segment breakdown not available.

SPWR
SPWR

Residential Solar Installation$46.9M59%
New Homes Business$22.7M29%
Other$10.1M13%

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