vs

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

Twin Hospitality Group Inc. is the larger business by last-quarter revenue ($82.3M vs $49.0M, roughly 1.7× Quipt Home Medical Corp.). Quipt Home Medical Corp. runs the higher net margin — -2.1% vs -29.7%, a 27.6% gap on every dollar of revenue. Quipt Home Medical Corp. produced more free cash flow last quarter ($6.9M vs $-7.4M).

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.

Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.

QIPT vs TWNP — Head-to-Head

Bigger by revenue
TWNP
TWNP
1.7× larger
TWNP
$82.3M
$49.0M
QIPT
Higher net margin
QIPT
QIPT
27.6% more per $
QIPT
-2.1%
-29.7%
TWNP
More free cash flow
QIPT
QIPT
$14.3M more FCF
QIPT
$6.9M
$-7.4M
TWNP

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
QIPT
QIPT
TWNP
TWNP
Revenue
$49.0M
$82.3M
Net Profit
$-1.1M
$-24.5M
Gross Margin
53.5%
Operating Margin
2.1%
-16.2%
Net Margin
-2.1%
-29.7%
Revenue YoY
32.3%
Net Profit YoY
2.9%
EPS (diluted)
$-0.02
$-0.43

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
TWNP
TWNP
Q4 25
$49.0M
Q3 25
$39.8M
$82.3M
Q2 25
$35.1M
$87.8M
Q1 25
$33.3M
$87.1M
Q4 24
$37.1M
Net Profit
QIPT
QIPT
TWNP
TWNP
Q4 25
$-1.1M
Q3 25
$-3.5M
$-24.5M
Q2 25
$-3.0M
$-20.8M
Q1 25
$-3.0M
$-12.1M
Q4 24
$-1.1M
Gross Margin
QIPT
QIPT
TWNP
TWNP
Q4 25
53.5%
Q3 25
48.7%
Q2 25
57.6%
Q1 25
54.6%
Q4 24
52.1%
Operating Margin
QIPT
QIPT
TWNP
TWNP
Q4 25
2.1%
Q3 25
-3.6%
-16.2%
Q2 25
-5.2%
-13.2%
Q1 25
-3.0%
-1.2%
Q4 24
1.2%
Net Margin
QIPT
QIPT
TWNP
TWNP
Q4 25
-2.1%
Q3 25
-8.9%
-29.7%
Q2 25
-8.6%
-23.7%
Q1 25
-9.1%
-13.9%
Q4 24
-2.9%
EPS (diluted)
QIPT
QIPT
TWNP
TWNP
Q4 25
$-0.02
Q3 25
$-0.07
$-0.43
Q2 25
$-0.07
$-0.38
Q1 25
$-0.07
$-0.26
Q4 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
QIPT
QIPT
TWNP
TWNP
Cash + ST InvestmentsLiquidity on hand
$10.5M
Total DebtLower is stronger
$84.0M
$402.8M
Stockholders' EquityBook value
$113.0M
$-92.1M
Total Assets
$280.7M
$516.8M
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QIPT
QIPT
TWNP
TWNP
Q4 25
$10.5M
Q3 25
$12.9M
Q2 25
$11.3M
Q1 25
$17.1M
Q4 24
$15.5M
Total Debt
QIPT
QIPT
TWNP
TWNP
Q4 25
$84.0M
Q3 25
$87.6M
$402.8M
Q2 25
$66.0M
$411.3M
Q1 25
$71.5M
$413.0M
Q4 24
$70.6M
Stockholders' Equity
QIPT
QIPT
TWNP
TWNP
Q4 25
$113.0M
Q3 25
$112.1M
$-92.1M
Q2 25
$102.5M
$-78.6M
Q1 25
$103.6M
$-101.9M
Q4 24
$106.3M
Total Assets
QIPT
QIPT
TWNP
TWNP
Q4 25
$280.7M
Q3 25
$283.3M
$516.8M
Q2 25
$236.1M
$535.1M
Q1 25
$244.6M
$544.2M
Q4 24
$242.8M
Debt / Equity
QIPT
QIPT
TWNP
TWNP
Q4 25
0.74×
Q3 25
0.78×
Q2 25
0.64×
Q1 25
0.69×
Q4 24
0.66×

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
TWNP
TWNP
Operating Cash FlowLast quarter
$8.9M
$-5.9M
Free Cash FlowOCF − Capex
$6.9M
$-7.4M
FCF MarginFCF / Revenue
14.0%
-9.0%
Capex IntensityCapex / Revenue
4.2%
1.9%
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
TWNP
TWNP
Q4 25
$8.9M
Q3 25
$9.8M
$-5.9M
Q2 25
$9.7M
$-8.8M
Q1 25
$8.9M
$-5.7M
Q4 24
$9.3M
Free Cash Flow
QIPT
QIPT
TWNP
TWNP
Q4 25
$6.9M
Q3 25
$8.0M
$-7.4M
Q2 25
$4.4M
$-10.6M
Q1 25
$7.3M
$-9.7M
Q4 24
$5.6M
FCF Margin
QIPT
QIPT
TWNP
TWNP
Q4 25
14.0%
Q3 25
20.0%
-9.0%
Q2 25
12.6%
-12.1%
Q1 25
22.0%
-11.2%
Q4 24
15.2%
Capex Intensity
QIPT
QIPT
TWNP
TWNP
Q4 25
4.2%
Q3 25
4.6%
1.9%
Q2 25
14.9%
2.1%
Q1 25
4.8%
4.6%
Q4 24
9.9%

Financial Flow Comparison

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

Related Comparisons