Quipt Home Medical Corp. (QIPT) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1019 TOWN DRIVE WILDER, KY 41076 |
| State of Incorp. | BC |
| Fiscal Year End | September 30 |
| Industry (SIC) | 809 - Miscellaneous Health And Allied Services, Not (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2025 MRQ | 9/30/2025 | 9/30/2024 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 12,916 | 16,174 | |||
| Cash and cash equivalent | 12,916 | 16,174 | |||
| Receivables | 34,697 | 29,116 | |||
| Inventory, net of allowances, customer advances and progress billings | 25,640 | 20,853 | |||
| Inventory | 25,640 | 20,853 | |||
| Prepaid expense | 2,123 | 3,187 | |||
| Other current assets | 984 | 926 | |||
| Other undisclosed current assets | 1,989 | 2,798 | |||
| Total current assets: | 78,349 | 73,054 | |||
| Noncurrent Assets | |||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 46,056 | 37,385 | |||
| Long-term investments and receivables | 987 | 1,311 | |||
| Long-term investments | 987 | 1,311 | |||
| Intangible asset, including goodwill, after accumulated amortization | 139,120 | 118,686 | |||
| Goodwill | 61,560 | 50,733 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 77,560 | 67,953 | |||
| Other noncurrent assets | 384 | 337 | |||
| Other undisclosed noncurrent assets | 18,393 | 16,475 | |||
| Total noncurrent assets: | 204,940 | 174,194 | |||
| TOTAL ASSETS: | 283,289 | 247,248 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 46,698 | 35,363 | |||
| Accounts payable | 38,431 | 29,310 | |||
| Accrued liabilities | 5,724 | 4,576 | |||
| Other undisclosed accounts payable and accrued liabilities | 2,543 | 1,477 | |||
| Deferred revenue | 4,593 | 3,568 | |||
| Debt | 16,367 | 16,052 | |||
| Other undisclosed current liabilities | 7,050 | 5,867 | |||
| Total current liabilities: | 74,708 | 60,850 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 82,483 | 64,600 | |||
| Long-term debt, excluding current maturities | 82,483 | 64,600 | |||
| Liabilities, other than long-term debt | 957 | 1,324 | |||
| Deferred income tax liabilities | 287 | 202 | |||
| Derivative instruments and hedges, liabilities | 670 | 1,122 | |||
| Other undisclosed noncurrent liabilities | 13,044 | 13,283 | |||
| Total noncurrent liabilities: | 96,484 | 79,207 | |||
| Total liabilities: | 171,192 | 140,057 | |||
| Equity | |||||
| Equity, attributable to parent | 100,395 | 107,191 | |||
| Additional paid in capital | 281,667 | 277,762 | |||
| Accumulated deficit | (181,272) | (170,571) | |||
| Equity, attributable to noncontrolling interest | 11,702 | ||||
| Total equity: | 112,097 | 107,191 | |||
| TOTAL LIABILITIES AND EQUITY: | 283,289 | 247,248 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2025 TTM | 9/30/2025 | 9/30/2024 | ||
|---|---|---|---|---|
| Revenues | 245,359 | 245,915 | ||
| Operating lease, lease income | 100,108 | 94,308 | ||
| Cost of revenue (Cost of Product and Service Sold) | (68,182) | (68,925) | ||
| Gross profit: | 177,177 | 176,990 | ||
| Operating expenses | (29,732) | (22,106) | ||
| Other undisclosed operating loss | (151,268) | (153,769) | ||
| Operating income (loss): | (3,823) | 1,115 | ||
| Nonoperating income | 100 | 830 | ||
| Investment income, nonoperating | 467 | 787 | ||
| Gain (loss), foreign currency transaction, before tax | (367) | 43 | ||
| Interest and debt expense | (6,744) | (7,168) | ||
| Loss from continuing operations before equity method investments, income taxes: | (10,467) | (5,223) | ||
| Loss from equity method investments | (324) | (309) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 452 | (1,122) | ||
| Loss from continuing operations before income taxes: | (10,339) | (6,654) | ||
| Income tax expense | (241) | (109) | ||
| Net loss: | (10,580) | (6,763) | ||
| Net loss attributable to noncontrolling interest | (121) | |||
| Other undisclosed net loss attributable to parent | ||||
| Net loss available to common stockholders, diluted: | (10,701) | (6,763) | ||
Comprehensive Income ($ in thousands)
| 12/31/2025 TTM | 9/30/2025 | 9/30/2024 | ||
|---|---|---|---|---|
| Net loss: | (10,580) | (6,763) | ||
| Comprehensive loss: | (10,580) | (6,763) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (121) | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | ||||
| Comprehensive loss, net of tax, attributable to parent: | (10,701) | (6,763) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.