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Side-by-side financial comparison of Quipt Home Medical Corp. (QIPT) and VIEMED HEALTHCARE, INC. (VMD). Click either name above to swap in a different company.
VIEMED HEALTHCARE, INC. is the larger business by last-quarter revenue ($76.2M vs $49.0M, roughly 1.6× Quipt Home Medical Corp.). VIEMED HEALTHCARE, INC. runs the higher net margin — 7.4% vs -2.1%, a 9.6% gap on every dollar of revenue. On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs 25.5%). VIEMED HEALTHCARE, INC. produced more free cash flow last quarter ($9.7M vs $6.9M).
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.
Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.
QIPT vs VMD — Head-to-Head
Income Statement — Q1 2026 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $49.0M | $76.2M |
| Net Profit | $-1.1M | $5.6M |
| Gross Margin | 53.5% | 57.9% |
| Operating Margin | 2.1% | 11.0% |
| Net Margin | -2.1% | 7.4% |
| Revenue YoY | 32.3% | 25.5% |
| Net Profit YoY | 2.9% | 30.7% |
| EPS (diluted) | $-0.02 | $0.14 |
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.
| Q4 25 | $49.0M | $76.2M | ||
| Q3 25 | $39.8M | $71.9M | ||
| Q2 25 | $35.1M | $63.1M | ||
| Q1 25 | $33.3M | $59.1M | ||
| Q4 24 | $37.1M | $60.7M | ||
| Q3 24 | — | $58.0M | ||
| Q2 24 | — | $55.0M | ||
| Q1 24 | — | $50.6M |
| Q4 25 | $-1.1M | $5.6M | ||
| Q3 25 | $-3.5M | $3.5M | ||
| Q2 25 | $-3.0M | $3.2M | ||
| Q1 25 | $-3.0M | $2.6M | ||
| Q4 24 | $-1.1M | $4.3M | ||
| Q3 24 | — | $3.9M | ||
| Q2 24 | — | $1.5M | ||
| Q1 24 | — | $1.6M |
| Q4 25 | 53.5% | 57.9% | ||
| Q3 25 | 48.7% | 57.5% | ||
| Q2 25 | 57.6% | 58.3% | ||
| Q1 25 | 54.6% | 56.3% | ||
| Q4 24 | 52.1% | 59.5% | ||
| Q3 24 | — | 59.3% | ||
| Q2 24 | — | 59.8% | ||
| Q1 24 | — | 58.9% |
| Q4 25 | 2.1% | 11.0% | ||
| Q3 25 | -3.6% | 7.8% | ||
| Q2 25 | -5.2% | 8.1% | ||
| Q1 25 | -3.0% | 6.5% | ||
| Q4 24 | 1.2% | 10.6% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | — | 6.6% | ||
| Q1 24 | — | 4.4% |
| Q4 25 | -2.1% | 7.4% | ||
| Q3 25 | -8.9% | 4.9% | ||
| Q2 25 | -8.6% | 5.0% | ||
| Q1 25 | -9.1% | 4.4% | ||
| Q4 24 | -2.9% | 7.1% | ||
| Q3 24 | — | 6.7% | ||
| Q2 24 | — | 2.7% | ||
| Q1 24 | — | 3.2% |
| Q4 25 | $-0.02 | $0.14 | ||
| Q3 25 | $-0.07 | $0.09 | ||
| Q2 25 | $-0.07 | $0.08 | ||
| Q1 25 | $-0.07 | $0.06 | ||
| Q4 24 | $-0.03 | $0.10 | ||
| Q3 24 | — | $0.10 | ||
| Q2 24 | — | $0.04 | ||
| Q1 24 | — | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.5M | $13.5M |
| Total DebtLower is stronger | $84.0M | — |
| Stockholders' EquityBook value | $113.0M | $141.5M |
| Total Assets | $280.7M | $199.2M |
| Debt / EquityLower = less leverage | 0.74× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.5M | $13.5M | ||
| Q3 25 | $12.9M | $11.1M | ||
| Q2 25 | $11.3M | $20.0M | ||
| Q1 25 | $17.1M | $10.2M | ||
| Q4 24 | $15.5M | $17.5M | ||
| Q3 24 | — | $11.3M | ||
| Q2 24 | — | $8.8M | ||
| Q1 24 | — | $7.3M |
| Q4 25 | $84.0M | — | ||
| Q3 25 | $87.6M | — | ||
| Q2 25 | $66.0M | — | ||
| Q1 25 | $71.5M | — | ||
| Q4 24 | $70.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $113.0M | $141.5M | ||
| Q3 25 | $112.1M | $133.6M | ||
| Q2 25 | $102.5M | $139.7M | ||
| Q1 25 | $103.6M | $134.8M | ||
| Q4 24 | $106.3M | $131.4M | ||
| Q3 24 | — | $125.0M | ||
| Q2 24 | — | $119.4M | ||
| Q1 24 | — | $116.3M |
| Q4 25 | $280.7M | $199.2M | ||
| Q3 25 | $283.3M | $202.4M | ||
| Q2 25 | $236.1M | $184.6M | ||
| Q1 25 | $244.6M | $178.1M | ||
| Q4 24 | $242.8M | $177.1M | ||
| Q3 24 | — | $169.5M | ||
| Q2 24 | — | $163.9M | ||
| Q1 24 | — | $154.9M |
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.78× | — | ||
| Q2 25 | 0.64× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $8.9M | $18.4M |
| Free Cash FlowOCF − Capex | $6.9M | $9.7M |
| FCF MarginFCF / Revenue | 14.0% | 12.7% |
| Capex IntensityCapex / Revenue | 4.2% | 11.5% |
| Cash ConversionOCF / Net Profit | — | 3.27× |
| TTM Free Cash FlowTrailing 4 quarters | $26.6M | $11.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.9M | $18.4M | ||
| Q3 25 | $9.8M | $18.4M | ||
| Q2 25 | $9.7M | $12.3M | ||
| Q1 25 | $8.9M | $2.9M | ||
| Q4 24 | $9.3M | $15.0M | ||
| Q3 24 | — | $12.7M | ||
| Q2 24 | — | $10.2M | ||
| Q1 24 | — | $1.2M |
| Q4 25 | $6.9M | $9.7M | ||
| Q3 25 | $8.0M | $10.7M | ||
| Q2 25 | $4.4M | $4.1M | ||
| Q1 25 | $7.3M | $-12.6M | ||
| Q4 24 | $5.6M | $3.2M | ||
| Q3 24 | — | $1.7M | ||
| Q2 24 | — | $1.2M | ||
| Q1 24 | — | $-4.8M |
| Q4 25 | 14.0% | 12.7% | ||
| Q3 25 | 20.0% | 14.9% | ||
| Q2 25 | 12.6% | 6.5% | ||
| Q1 25 | 22.0% | -21.4% | ||
| Q4 24 | 15.2% | 5.2% | ||
| Q3 24 | — | 3.0% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | -9.5% |
| Q4 25 | 4.2% | 11.5% | ||
| Q3 25 | 4.6% | 10.6% | ||
| Q2 25 | 14.9% | 12.9% | ||
| Q1 25 | 4.8% | 26.2% | ||
| Q4 24 | 9.9% | 19.5% | ||
| Q3 24 | — | 19.0% | ||
| Q2 24 | — | 16.3% | ||
| Q1 24 | — | 11.9% |
| Q4 25 | — | 3.27× | ||
| Q3 25 | — | 5.23× | ||
| Q2 25 | — | 3.88× | ||
| Q1 25 | — | 1.09× | ||
| Q4 24 | — | 3.47× | ||
| Q3 24 | — | 3.29× | ||
| Q2 24 | — | 6.94× | ||
| Q1 24 | — | 0.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
