Quipt Home Medical Corp. (QIPT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 82.24M | 67.55M | 79.4M | 57.38M | 61.38M | 52.63M | 63.97M | 61.25M | 62.57M | 62.52M | 60.28M | 58.12M | 40.81M | 40.09M | 36.69M | 36.69M | 33.55M | 29.12M | 29.12M | 24.24M |
| Revenue Growth % | 33.98% | 28.34% | 24.12% | -6.33% | -1.91% | -15.82% | 6.11% | 5.39% | 53.31% | 55.94% | 64.3% | 58.4% | 21.64% | 37.69% | 26.01% | 51.37% | 38.42% | 47.26% | 56.78% | 35.71% |
| Cost of Goods Sold | 35.87M | -33.52M | 20.26M | 1.55M | 17.77M | 17.66M | 16.69M | 16.67M | 17.9M | 16.28M | 16.63M | 14.91M | 10.07M | 9.29M | 8.91M | 9.19M | 7.66M | 7.66M | 8.23M | 7.69M |
| COGS % of Revenue | 43.62% | -49.62% | 25.52% | 2.7% | 28.95% | 33.56% | 26.1% | 27.21% | 28.6% | 26.04% | 27.59% | 25.65% | 24.68% | 23.18% | 24.27% | 25.06% | 22.83% | 26.3% | 28.28% | 31.73% |
| Gross Profit | 46.37M | 80.73M | 59.14M | 55.83M | 43.61M | 34.97M | 47.27M | 44.58M | 50.17M | 46.24M | 43.65M | 43.21M | 30.74M | 30.74M | 27.79M | 28.79M | 26.2M | 21.87M | 20.88M | 18.12M |
| Gross Margin % | 56.38% | 119.51% | 74.48% | 97.3% | 71.05% | 66.44% | 73.9% | 72.78% | 80.18% | 73.96% | 72.41% | 74.35% | 75.32% | 76.67% | 75.73% | 78.48% | 78.08% | 75.09% | 71.72% | 74.74% |
| Gross Profit Growth % | 6.32% | 130.88% | 25.1% | 25.23% | -13.07% | -24.38% | 8.29% | 3.17% | 63.21% | 50.42% | 57.11% | 50.07% | 17.33% | 40.58% | 33.05% | 58.93% | 44.6% | 52.36% | 56.38% | 38.33% |
| Operating Expenses | 44.53M | 70.65M | 61.62M | 29.89M | 43.17M | 36.8M | 46.88M | 43.68M | 43.6M | 45.17M | 43.48M | 41.9M | 29.37M | 29.95M | 27.17M | 21.75M | 23.05M | 24.08M | 19.6M | 16.7M |
| OpEx % of Revenue | 54.14% | 104.59% | 77.61% | 52.1% | 70.32% | 69.93% | 73.29% | 71.31% | 69.68% | 72.25% | 72.13% | 72.09% | 71.95% | 74.7% | 74.04% | 59.29% | 68.69% | 82.7% | 67.33% | 68.89% |
| Selling, General & Admin | 0 | 26.83M | 25.08M | 22.37M | 23.19M | 24.06M | 23.29M | 24M | 23.34M | 23.71M | 22.67M | 22.25M | 14.98M | 14.73M | 13.1M | 12.94M | 11.8M | 13.77M | 10.3M | 8.09M |
| SG&A % of Revenue | - | 39.72% | 31.59% | 38.99% | 37.79% | 45.71% | 36.41% | 39.19% | 37.3% | 37.93% | 37.6% | 38.29% | 36.71% | 36.73% | 35.7% | 35.28% | 35.16% | 47.27% | 35.36% | 33.37% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 1.84M | -1.45M | -1.82M | -999K | 448K | -1.84M | 390K | 776.97K | 1.79M | 1.06M | 170K | 1.31M | 1.37M | 850K | 796.83K | 4.44M | -1.18M | -3.2M | -1.11M | 1.42M |
| Operating Margin % | 2.24% | -2.14% | -2.3% | -1.74% | 0.73% | -3.49% | 0.61% | 1.27% | 2.85% | 1.7% | 0.28% | 2.26% | 3.37% | 2.12% | 2.17% | 12.11% | -3.52% | -10.98% | -3.82% | 5.85% |
| Operating Income Growth % | 310.91% | 21.27% | -567.44% | -228.58% | -74.92% | -272.74% | 129.41% | -40.73% | 29.99% | 25.18% | -78.67% | -70.5% | 216.44% | 126.6% | 171.59% | 213.4% | -101.71% | -621.44% | -258.77% | 36.71% |
| EBITDA | 14.59M | 10.3M | 9.6M | 12.01M | 12.98M | 11.94M | 12.85M | 13.03M | 14.43M | 13.15M | 15.88M | 10.89M | 8.17M | 8.05M | 6.16M | 9.9M | 3.83M | 2.2M | 3.65M | 5.36M |
| EBITDA Margin % | 17.74% | 15.24% | 12.09% | 20.93% | 21.14% | 22.68% | 20.09% | 21.28% | 23.06% | 21.04% | 26.34% | 18.74% | 20.01% | 20.09% | 16.79% | 26.99% | 11.42% | 7.56% | 12.55% | 22.1% |
| EBITDA Growth % | 12.4% | -13.77% | -25.28% | -7.86% | -10.08% | -9.23% | -19.09% | 19.63% | 76.71% | 63.29% | 157.86% | 10% | 113.07% | 265.97% | 68.5% | 84.85% | 23.8% | -36.28% | -15.96% | 23.05% |
| D&A (Non-Cash Add-back) | 12.75M | 11.74M | 11.42M | 13.01M | 12.53M | 13.78M | 12.46M | 12.26M | 12.65M | 12.09M | 15.71M | 9.58M | 6.79M | 7.21M | 5.36M | 5.46M | 5.01M | 5.4M | 4.77M | 3.94M |
| EBIT | 1.73M | -1.57M | -1.4M | -1.34M | 710K | -2.05M | 191K | 1.29M | 2.03M | -8.19M | 612K | 5.09M | 1.37M | -20K | 3.19M | 3.32M | -1.48M | -2.23M | 6.27M | 1.8M |
| Net Interest Income | -2.37M | -1.64M | -2.18M | -2.08M | -2.08M | -2.12M | -2.45M | -1.59M | -2.2M | -1.59M | -2.22M | -2.48M | -726.1K | -572K | -671.96K | -492.98K | -501K | -509.51K | -479K | -516.83K |
| Interest Income | 61.94K | 84K | 102.66K | 127.61K | 149.65K | 0 | 168K | 170.24K | 173.67K | 0 | 151.98K | 0 | 1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 2.43M | 1.72M | 2.28M | 2.21M | 2.23M | 2.12M | 2.45M | 1.76M | 2.37M | 1.59M | 2.37M | 2.48M | 727.1K | 572K | 572K | 492.98K | 501K | 509.51K | 478K | 516.83K |
| Other Income/Expense | 0 | -1.84M | -1.17M | -2.01M | -1.5M | -1.65M | -2.09M | -1.25M | -3.09M | -2.31M | -1.53M | 3.33M | -716K | -1.44M | -301K | 747K | -803K | 485K | 6.91M | -13.91M |
| Pretax Income | -689K | -3.29M | -2.99M | -3.01M | -1.05M | -3.48M | -1.7M | -476K | -1.3M | -1.25M | -1.36M | 4.64M | 658K | -592K | 318K | 5.19M | -1.98M | -2.71M | 5.91M | -12.49M |
| Pretax Margin % | -0.84% | -4.87% | -3.77% | -5.24% | -1.72% | -6.62% | -2.66% | -0.78% | -2.08% | -2% | -2.25% | 7.98% | 1.61% | -1.48% | 0.87% | 14.15% | -5.91% | -9.31% | 20.31% | -51.53% |
| Income Tax | 25.38K | 141K | 35K | 35K | 30K | -374K | 0 | 263K | 226.08K | 75K | -323K | 5.39M | 333K | -2.36M | 155K | 155K | 148K | -1.21M | -535K | 1K |
| Effective Tax Rate % | -3.68% | -4.29% | -1.17% | -1.16% | -2.85% | 10.73% | 0% | -55.25% | -17.38% | -6% | 23.8% | 116.2% | 50.61% | 398.99% | 48.74% | 2.99% | -7.46% | 44.78% | -9.05% | -0.01% |
| Net Income | -1.07M | -3.55M | -3.07M | -3.04M | -1.08M | -3.11M | -1.7M | -739K | -1.21M | -1.32M | -1.03M | -749K | 325K | 1.77M | 164K | 5.04M | -2.13M | -1.5M | 6.45M | -12.49M |
| Net Margin % | -1.3% | -5.26% | -3.87% | -5.3% | -1.77% | -5.91% | -2.66% | -1.21% | -1.94% | -2.12% | -1.72% | -1.29% | 0.8% | 4.41% | 0.45% | 13.73% | -6.35% | -5.14% | 22.14% | -51.53% |
| Net Income Growth % | 1.37% | -14.15% | -80.77% | -311.64% | 10.63% | -134.89% | -64.51% | 1.34% | -473.23% | -174.8% | -730.49% | -114.87% | 115.25% | 218.24% | -97.46% | 140.32% | -256% | 32.84% | 355.02% | -505.78% |
| Net Income (Continuing) | -724.98K | -3.43M | -3.02M | -3.04M | -1.08M | -3.11M | -1.7M | -739K | -1.53M | -1.32M | -1.03M | -751K | 325K | 1.77M | 164K | 5.04M | -2.13M | -1.5M | 6.33M | -12.37M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 12.04M | 11.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.02 | -0.08 | -0.07 | -0.07 | -0.03 | -0.08 | -0.04 | -0.02 | -0.04 | -0.03 | -0.03 | -0.02 | 0.01 | 0.05 | 0.01 | 0.14 | -0.08 | -0.06 | 0.19 | -0.37 |
| EPS Growth % | 2.78% | -7.59% | -76.75% | -303.45% | 30.58% | -150.33% | -43.37% | 16.75% | - | -161.48% | - | -114.93% | 110.89% | 185.61% | -97.11% | 137.84% | -302% | -137.5% | 258.33% | -285% |
| EPS (Basic) | -0.02 | -0.08 | -0.07 | -0.07 | -0.03 | -0.07 | -0.04 | -0.02 | -0.04 | -0.03 | -0.03 | -0.02 | 0.01 | 0.05 | 0.01 | 0.15 | -0.08 | -0.06 | 0.20 | -0.43 |
| Diluted Shares Outstanding | 43.61M | 43.44M | 43.46M | 43.17M | 43.09M | 43.09M | 42.62M | 42.19M | 42.1M | 44.2M | 40.58M | 35.86M | 38.15M | 38.15M | 35.4M | 37.86M | 35.58M | 33.35M | 33.75M | 33.75M |
| Basic Shares Outstanding | 43.61M | 43.44M | 43.46M | 43.17M | 43.09M | 42.5M | 42.62M | 42.19M | 42.1M | 44.2M | 40.58M | 35.86M | 35.6M | 38.15M | 33.56M | 37.86M | 33.44M | 33.35M | 33.31M | 30.89M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |