Quipt Home Medical Corp.
quipthomemedical.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q1 FY2026 10-Q, filed Feb 9, 2026. Its latest SEC filing is a SCHEDULE 13G/A from May 14, 2026.
10-Q for Q1 FY2026, filed Feb 9, 2026
The sections below describe the company as of the FY2025 annual report.
What Did They Do?
Provides home medical equipment and in-home treatment services for patients with chronic conditions, including respiratory and mobility needs.
10-K for FY2025, filed Dec 15, 2025Quipt Home Medical Corp. and its subsidiaries (“Quipt” or the “Company”), is a provider of durable medical equipment (“DME”) / home medical…View ↗
How Did They Make Money?
Quipt bills patients, government programs and private insurers for equipment rentals over the rental term, typically one month, and for equipment and supplies when delivered.
10-K for FY2025, filed Dec 15, 2025Revenues are billed to, and collections are received from customers. Because of continuing changes in the health care industry and…View ↗
Revenue that is generated from equipment that the Company rents to patients is primarily recognized over the noncancelable rental period…View ↗
The Company sells equipment, consumable supplies, and replacement parts to customers and recognizes revenue on delivery, as at that point…View ↗
For the years ended September 30, 2025 and 2024, the Company had no customers that accounted for 10% or more of its consolidated revenue.…View ↗
$245.4M
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10-K for FY2025, filed Dec 15, 2025
$245.4M ↗
Who Were Their Customers?
Patients with chronic conditions use Quipt’s services; Quipt seeks reimbursement from government programs and private health insurers, and bills customers for its services.
10-K for FY2025, filed Dec 15, 2025Quipt Home Medical Corp. and its subsidiaries (“Quipt” or the “Company”), is a provider of durable medical equipment (“DME”) / home medical…View ↗
For the years ended September 30, 2025 and 2024, the Company had no customers that accounted for 10% or more of its consolidated revenue.…View ↗
Revenues are billed to, and collections are received from customers. Because of continuing changes in the health care industry and…View ↗
Did Revenues Turn Into Profits?
Not on paper. It lost $10.7M in FY2025, but brought in more cash than it spent: $25.3M of free cash flow.
10-K for FY2025, filed Dec 15, 2025
−$3.8MView ↗
10-K for FY2025, filed Dec 15, 2025
−$10.7MView ↗
10-K for FY2025, filed Dec 15, 2025
$25.3MView ↗
How Were They Changing?
- Net income
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Sources
10-Q for Q1 FY2026, filed Feb 9, 2026
−$1.1MView ↗
- ▼ −3% (Loss)
- vs −$1.1M in Q1 FY2025
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Mar 16, 2026
Affiliates of Kingswood and Forager acquired Quipt
Quipt became a wholly owned indirect subsidiary, and its shares ceased trading on Nasdaq and were scheduled for delisting from the TSX.
Sources
8-K, filed Mar 16, 2026
Pursuant to the Arrangement, and in accordance with the terms of the Arrangement Agreement, the Purchaser, which included funding from…View ↗
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