This page shows QUALITY INDL CORP (QIND) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
For every $1 of reported earnings, QUALITY INDL CORP generates $0.48 in operating cash flow (-$2.6M OCF vs -$5.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
QUALITY INDL CORP earns $-304.5 in operating income for every $1 of interest expense (-$457K vs $2K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
QUALITY INDL CORP generated $16.3M in revenue in fiscal year 2025. This represents an increase of 45.9% from the prior year.
QUALITY INDL CORP's EBITDA was -$312K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 138.6% from the prior year.
QUALITY INDL CORP reported -$5.4M in net income in fiscal year 2025. This represents a decrease of 940.9% from the prior year.
Cash & Balance Sheet
QUALITY INDL CORP generated -$2.9M in free cash flow in fiscal year 2025, representing cash available after capex.
QUALITY INDL CORP had 193M shares outstanding in fiscal year 2025. This represents an increase of 58.7% from the prior year.
Margins & Returns
QUALITY INDL CORP's gross margin was 29.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 6.1 percentage points from the prior year.
QUALITY INDL CORP's operating margin was -2.8% in fiscal year 2025, reflecting core business profitability. This is down 8.9 percentage points from the prior year.
QUALITY INDL CORP's net profit margin was -33.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 28.7 percentage points from the prior year.
Capital Allocation
QUALITY INDL CORP invested $10K in research and development in fiscal year 2025. This represents an increase of 765.1% from the prior year.
QUALITY INDL CORP invested $300K in capex in fiscal year 2025, funding long-term assets and infrastructure.
QIND Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5M-12.3% | $4.0M+10.7% | $3.6M+71.5% | $2.1M-20.7% | $2.7M-19.8% | $3.3M+7.5% | $3.1M | N/A |
| Cost of Revenue | $2.3M-14.4% | $2.7M+0.9% | $2.7M+64.4% | $1.6M+2.6% | $1.6M-23.6% | $2.1M+6.5% | $1.9M | N/A |
| Gross Profit | $1.2M-8.2% | $1.3M+38.2% | $955K+95.1% | $490K-54.7% | $1.1M-13.4% | $1.2M+9.1% | $1.1M | N/A |
| R&D Expenses | N/A | N/A | $4K | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $1.4M+70.2% | $825K-55.4% | $1.9M+106.7% | $895K+19.2% | $751K+0.1% | $751K+2184.8% | $33K | N/A |
| Operating Income | -$286K-164.9% | $440K+146.5% | -$947K-474.0% | $253K+197.3% | $85K-80.0% | $426K+624.4% | -$81K | N/A |
| Interest Expense | $12K-57.2% | $27K-15.2% | $32K | N/A | $56K+177.0% | $20K | N/A | N/A |
| Income Tax | $38K-33.6% | $57K+111.8% | $27K-64.5% | $76K+111.4% | $36K-17.8% | $44K | $0 | N/A |
| Net Income | -$264K-34.9% | -$196K+86.1% | -$1.4M-326.7% | -$330K+33.8% | -$498K-610.1% | $98K-52.8% | $207K | N/A |
| EPS (Diluted) | $0.00 | $0.00+100.0% | $-0.01 | N/A | $0.00 | $0.00 | $0.00 | N/A |
QIND Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $20.0M+6.4% | $18.8M+2.5% | $18.3M+1.1% | $18.1M+6.1% | $17.1M+3.4% | $16.5M-4.2% | $17.2M+95.0% | $8.8M |
| Current Assets | $8.6M+8.6% | $7.9M+4.2% | $7.6M+1.7% | $7.5M+17.6% | $6.3M+8.1% | $5.9M-19.0% | $7.2M+261.7% | $2.0M |
| Cash & Equivalents | $972K+227.4% | $297K-17.7% | $360K+59.8% | $226K+1.8% | $222K+118.9% | $101K-11.6% | $114K+4493.6% | $2K |
| Inventory | $922K-2.1% | $941K-13.1% | $1.1M-11.5% | $1.2M+10.1% | $1.1M+0.7% | $1.1M-21.5% | $1.4M | N/A |
| Accounts Receivable | $4.0M+5.4% | $3.8M+24.0% | $3.1M-3.7% | $3.2M+36.6% | $2.3M+11.1% | $2.1M-21.8% | $2.7M | N/A |
| Goodwill | $8.4M0.0% | $8.4M0.0% | $8.4M0.0% | $8.4M-0.8% | $8.5M0.0% | $8.5M0.0% | $8.5M | N/A |
| Total Liabilities | $18.3M+4.7% | $17.5M+0.9% | $17.3M+7.6% | $16.1M+6.7% | $15.1M+2.9% | $14.7M-0.6% | $14.8M+82.5% | $8.1M |
| Current Liabilities | $15.8M+13.8% | $13.9M+9.8% | $12.6M+11.1% | $11.4M+12.3% | $10.1M+16.2% | $8.7M+21.1% | $7.2M+24.4% | $5.8M |
| Long-Term Debt | $302K+121.8% | $136K+79.4% | $76K | N/A | N/A | $432K+20.9% | $358K+7.3% | $333K |
| Total Equity | $1.7M+30.1% | $1.3M+31.9% | $966K-51.6% | $2.0M+2.8% | $1.9M+3.7% | $1.9M-26.1% | $2.5M+240.8% | $743K |
| Retained Earnings | -$19.1M-1.4% | -$18.8M-1.1% | -$18.6M-8.2% | -$17.2M-2.6% | -$16.8M-2.9% | -$16.3M+0.7% | -$16.4M+1.7% | -$16.7M |
QIND Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.3M-645.7% | -$180K+46.3% | -$335K-401.5% | $111K+157.3% | -$194K-113.8% | $1.4M+924.3% | -$171K-103.3% | $5.2M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | $3K | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | -$174K | N/A |
| Investing Cash Flow | -$992K-4911.2% | -$20K+90.1% | -$200K-10907.2% | -$2K-2.9% | -$2K+98.4% | -$114K-201.8% | $112K+101.9% | -$6.0M |
| Financing Cash Flow | $3.0M+2112.9% | $136K-79.7% | $670K+736.2% | -$105K-133.3% | $316K+124.1% | -$1.3M-864.4% | $171K-79.0% | $816K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
QIND Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.5%+1.6pp | 32.9%+6.5pp | 26.4%+3.2pp | 23.2%-17.4pp | 40.6%+3.0pp | 37.6%+0.6pp | 37.1% | N/A |
| Operating Margin | -8.1%-19.1pp | 11.0%+37.1pp | -26.2%-38.1pp | 12.0%+8.8pp | 3.2%-9.6pp | 12.8%+15.5pp | -2.6% | N/A |
| Net Margin | -7.5%-2.6pp | -4.9%+33.9pp | -38.8%-23.2pp | -15.6%+3.1pp | -18.7%-21.6pp | 2.9%-3.8pp | 6.7% | N/A |
| Return on Equity | -15.9%-0.6pp | -15.4%+130.2pp | -145.5%-129.0pp | -16.5%+9.1pp | -25.6%-30.8pp | 5.2%-3.0pp | 8.2% | N/A |
| Return on Assets | -1.3%-0.3pp | -1.0%+6.6pp | -7.7%-5.9pp | -1.8%+1.1pp | -2.9%-3.5pp | 0.6%-0.6pp | 1.2% | N/A |
| Current Ratio | 0.55-0.0 | 0.57-0.0 | 0.60-0.1 | 0.66+0.0 | 0.63-0.0 | 0.67-0.3 | 1.01+0.7 | 0.35 |
| Debt-to-Equity | 0.18+0.1 | 0.11+0.0 | 0.08-8.0 | 8.07+0.3 | 7.78+7.5 | 0.23+0.1 | 0.14-0.3 | 0.45 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | -5.6% | N/A |
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Frequently Asked Questions
What is QUALITY INDL CORP's annual revenue?
QUALITY INDL CORP (QIND) reported $16.3M in total revenue for fiscal year 2025. This represents a 45.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is QUALITY INDL CORP's revenue growing?
QUALITY INDL CORP (QIND) revenue grew by 45.9% year-over-year, from $11.2M to $16.3M in fiscal year 2025.
Is QUALITY INDL CORP profitable?
No, QUALITY INDL CORP (QIND) reported a net income of -$5.4M in fiscal year 2025, with a net profit margin of -33.4%.
What is QUALITY INDL CORP's EBITDA?
QUALITY INDL CORP (QIND) had EBITDA of -$312K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is QUALITY INDL CORP's gross margin?
QUALITY INDL CORP (QIND) had a gross margin of 29.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is QUALITY INDL CORP's operating margin?
QUALITY INDL CORP (QIND) had an operating margin of -2.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is QUALITY INDL CORP's net profit margin?
QUALITY INDL CORP (QIND) had a net profit margin of -33.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is QUALITY INDL CORP's free cash flow?
QUALITY INDL CORP (QIND) generated -$2.9M in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is QUALITY INDL CORP's operating cash flow?
QUALITY INDL CORP (QIND) generated -$2.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are QUALITY INDL CORP's capital expenditures?
QUALITY INDL CORP (QIND) invested $300K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does QUALITY INDL CORP spend on research and development?
QUALITY INDL CORP (QIND) invested $10K in research and development during fiscal year 2025.
Are QUALITY INDL CORP's earnings high quality?
QUALITY INDL CORP (QIND) has an earnings quality ratio of 0.48x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can QUALITY INDL CORP cover its interest payments?
QUALITY INDL CORP (QIND) has an interest coverage ratio of -304.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.