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Side-by-side financial comparison of Quipt Home Medical Corp. (QIPT) and ZKH Group Ltd (ZKH). 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 $45.1M, roughly 1.1× ZKH Group Ltd). ZKH Group Ltd runs the higher net margin — -1.0% vs -2.1%, a 1.1% 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.

ZKH Group Ltd is a leading industrial supply chain service provider headquartered in China, specializing in MRO (Maintenance, Repair and Operations) products, industrial components, and digital procurement solutions. It mainly serves manufacturing, construction and energy sectors across the Asia-Pacific, delivering end-to-end inventory management and cost optimization support for enterprise clients.

QIPT vs ZKH — Head-to-Head

Bigger by revenue
QIPT
QIPT
1.1× larger
QIPT
$49.0M
$45.1M
ZKH
Higher net margin
ZKH
ZKH
1.1% more per $
ZKH
-1.0%
-2.1%
QIPT

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
QIPT
QIPT
ZKH
ZKH
Revenue
$49.0M
$45.1M
Net Profit
$-1.1M
$-471.3K
Gross Margin
53.5%
16.8%
Operating Margin
2.1%
-1.4%
Net Margin
-2.1%
-1.0%
Revenue YoY
32.3%
Net Profit YoY
2.9%
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
ZKH
ZKH
Q4 25
$49.0M
Q3 25
$39.8M
$45.1M
Q2 25
$35.1M
$41.7M
Q1 25
$33.3M
$36.8M
Q4 24
$37.1M
Q3 24
$44.8M
Q2 24
$42.7M
Q1 24
$35.6M
Net Profit
QIPT
QIPT
ZKH
ZKH
Q4 25
$-1.1M
Q3 25
$-3.5M
$-471.3K
Q2 25
$-3.0M
$-1.0M
Q1 25
$-3.0M
$-1.3M
Q4 24
$-1.1M
Q3 24
$-1.6M
Q2 24
$-1.3M
Q1 24
$-1.7M
Gross Margin
QIPT
QIPT
ZKH
ZKH
Q4 25
53.5%
Q3 25
48.7%
16.8%
Q2 25
57.6%
16.5%
Q1 25
54.6%
17.2%
Q4 24
52.1%
Q3 24
17.0%
Q2 24
17.0%
Q1 24
18.0%
Operating Margin
QIPT
QIPT
ZKH
ZKH
Q4 25
2.1%
Q3 25
-3.6%
-1.4%
Q2 25
-5.2%
-3.3%
Q1 25
-3.0%
-4.2%
Q4 24
1.2%
Q3 24
-4.6%
Q2 24
-3.2%
Q1 24
-7.0%
Net Margin
QIPT
QIPT
ZKH
ZKH
Q4 25
-2.1%
Q3 25
-8.9%
-1.0%
Q2 25
-8.6%
-2.5%
Q1 25
-9.1%
-3.4%
Q4 24
-2.9%
Q3 24
-3.6%
Q2 24
-2.9%
Q1 24
-4.9%
EPS (diluted)
QIPT
QIPT
ZKH
ZKH
Q4 25
$-0.02
Q3 25
$-0.07
Q2 25
$-0.07
Q1 25
$-0.07
Q4 24
$-0.03
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
QIPT
QIPT
ZKH
ZKH
Cash + ST InvestmentsLiquidity on hand
$10.5M
$35.3M
Total DebtLower is stronger
$84.0M
$893.8K
Stockholders' EquityBook value
$113.0M
Total Assets
$280.7M
$123.8M
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QIPT
QIPT
ZKH
ZKH
Q4 25
$10.5M
Q3 25
$12.9M
$35.3M
Q2 25
$11.3M
$33.8M
Q1 25
$17.1M
$32.0M
Q4 24
$15.5M
Q3 24
$39.0M
Q2 24
$35.9M
Q1 24
$36.0M
Total Debt
QIPT
QIPT
ZKH
ZKH
Q4 25
$84.0M
Q3 25
$87.6M
$893.8K
Q2 25
$66.0M
$888.3K
Q1 25
$71.5M
$854.9K
Q4 24
$70.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
QIPT
QIPT
ZKH
ZKH
Q4 25
$113.0M
Q3 25
$112.1M
Q2 25
$102.5M
Q1 25
$103.6M
Q4 24
$106.3M
Q3 24
$60.6M
Q2 24
$60.7M
Q1 24
$61.5M
Total Assets
QIPT
QIPT
ZKH
ZKH
Q4 25
$280.7M
Q3 25
$283.3M
$123.8M
Q2 25
$236.1M
$120.6M
Q1 25
$244.6M
$116.4M
Q4 24
$242.8M
Q3 24
$132.6M
Q2 24
$132.9M
Q1 24
$132.5M
Debt / Equity
QIPT
QIPT
ZKH
ZKH
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
QIPT
QIPT
ZKH
ZKH
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
ZKH
ZKH
Q4 25
$8.9M
Q3 25
$9.8M
Q2 25
$9.7M
Q1 25
$8.9M
Q4 24
$9.3M
Q3 24
Q2 24
Q1 24
Free Cash Flow
QIPT
QIPT
ZKH
ZKH
Q4 25
$6.9M
Q3 25
$8.0M
Q2 25
$4.4M
Q1 25
$7.3M
Q4 24
$5.6M
Q3 24
Q2 24
Q1 24
FCF Margin
QIPT
QIPT
ZKH
ZKH
Q4 25
14.0%
Q3 25
20.0%
Q2 25
12.6%
Q1 25
22.0%
Q4 24
15.2%
Q3 24
Q2 24
Q1 24
Capex Intensity
QIPT
QIPT
ZKH
ZKH
Q4 25
4.2%
Q3 25
4.6%
Q2 25
14.9%
Q1 25
4.8%
Q4 24
9.9%
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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