vs

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

Quipt Home Medical Corp. is the larger business by last-quarter revenue ($49.0M vs $35.2M, roughly 1.4× Voyager Technologies, Inc.). Quipt Home Medical Corp. runs the higher net margin — -2.1% vs -130.4%, a 128.2% gap on every dollar of revenue. On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs 2.1%). Quipt Home Medical Corp. produced more free cash flow last quarter ($6.9M vs $-66.8M).

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.

QIPT vs VOYG — Head-to-Head

Bigger by revenue
QIPT
QIPT
1.4× larger
QIPT
$49.0M
$35.2M
VOYG
Growing faster (revenue YoY)
QIPT
QIPT
+30.1% gap
QIPT
32.3%
2.1%
VOYG
Higher net margin
QIPT
QIPT
128.2% more per $
QIPT
-2.1%
-130.4%
VOYG
More free cash flow
QIPT
QIPT
$73.7M more FCF
QIPT
$6.9M
$-66.8M
VOYG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
QIPT
QIPT
VOYG
VOYG
Revenue
$49.0M
$35.2M
Net Profit
$-1.1M
$-45.9M
Gross Margin
53.5%
-4.4%
Operating Margin
2.1%
Net Margin
-2.1%
-130.4%
Revenue YoY
32.3%
2.1%
Net Profit YoY
2.9%
-64.5%
EPS (diluted)
$-0.02
$-0.75

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
VOYG
VOYG
Q1 26
$35.2M
Q4 25
$49.0M
$46.7M
Q3 25
$39.8M
$39.6M
Q2 25
$35.1M
$45.7M
Q1 25
$33.3M
Q4 24
$37.1M
Net Profit
QIPT
QIPT
VOYG
VOYG
Q1 26
$-45.9M
Q4 25
$-1.1M
$-33.0M
Q3 25
$-3.5M
$-16.3M
Q2 25
$-3.0M
$-31.4M
Q1 25
$-3.0M
Q4 24
$-1.1M
Gross Margin
QIPT
QIPT
VOYG
VOYG
Q1 26
-4.4%
Q4 25
53.5%
21.4%
Q3 25
48.7%
15.4%
Q2 25
57.6%
18.0%
Q1 25
54.6%
Q4 24
52.1%
Operating Margin
QIPT
QIPT
VOYG
VOYG
Q1 26
Q4 25
2.1%
Q3 25
-3.6%
-60.7%
Q2 25
-5.2%
-52.8%
Q1 25
-3.0%
Q4 24
1.2%
Net Margin
QIPT
QIPT
VOYG
VOYG
Q1 26
-130.4%
Q4 25
-2.1%
-70.7%
Q3 25
-8.9%
-41.1%
Q2 25
-8.6%
-68.7%
Q1 25
-9.1%
Q4 24
-2.9%
EPS (diluted)
QIPT
QIPT
VOYG
VOYG
Q1 26
$-0.75
Q4 25
$-0.02
$-0.52
Q3 25
$-0.07
$-0.28
Q2 25
$-0.07
$-1.23
Q1 25
$-0.07
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
VOYG
VOYG
Cash + ST InvestmentsLiquidity on hand
$10.5M
$429.4M
Total DebtLower is stronger
$84.0M
Stockholders' EquityBook value
$113.0M
$404.5M
Total Assets
$280.7M
$1.0B
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QIPT
QIPT
VOYG
VOYG
Q1 26
$429.4M
Q4 25
$10.5M
$491.3M
Q3 25
$12.9M
$413.3M
Q2 25
$11.3M
$468.9M
Q1 25
$17.1M
Q4 24
$15.5M
Total Debt
QIPT
QIPT
VOYG
VOYG
Q1 26
Q4 25
$84.0M
Q3 25
$87.6M
Q2 25
$66.0M
Q1 25
$71.5M
Q4 24
$70.6M
Stockholders' Equity
QIPT
QIPT
VOYG
VOYG
Q1 26
$404.5M
Q4 25
$113.0M
Q3 25
$112.1M
$590.9M
Q2 25
$102.5M
$554.7M
Q1 25
$103.6M
Q4 24
$106.3M
Total Assets
QIPT
QIPT
VOYG
VOYG
Q1 26
$1.0B
Q4 25
$280.7M
Q3 25
$283.3M
$727.8M
Q2 25
$236.1M
$685.3M
Q1 25
$244.6M
Q4 24
$242.8M
Debt / Equity
QIPT
QIPT
VOYG
VOYG
Q1 26
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
VOYG
VOYG
Operating Cash FlowLast quarter
$8.9M
$-39.7M
Free Cash FlowOCF − Capex
$6.9M
$-66.8M
FCF MarginFCF / Revenue
14.0%
-189.5%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$26.6M
$-263.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QIPT
QIPT
VOYG
VOYG
Q1 26
$-39.7M
Q4 25
$8.9M
$-60.9M
Q3 25
$9.8M
$-15.1M
Q2 25
$9.7M
$-30.9M
Q1 25
$8.9M
Q4 24
$9.3M
Free Cash Flow
QIPT
QIPT
VOYG
VOYG
Q1 26
$-66.8M
Q4 25
$6.9M
$-54.5M
Q3 25
$8.0M
$-53.8M
Q2 25
$4.4M
$-88.8M
Q1 25
$7.3M
Q4 24
$5.6M
FCF Margin
QIPT
QIPT
VOYG
VOYG
Q1 26
-189.5%
Q4 25
14.0%
-116.9%
Q3 25
20.0%
-135.8%
Q2 25
12.6%
-194.4%
Q1 25
22.0%
Q4 24
15.2%
Capex Intensity
QIPT
QIPT
VOYG
VOYG
Q1 26
Q4 25
4.2%
Q3 25
4.6%
97.8%
Q2 25
14.9%
126.7%
Q1 25
4.8%
Q4 24
9.9%

Financial Flow Comparison

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

Related Comparisons