QUALITY INDUSTRIAL CORP (QIND) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the QIND SEC filings page.
QUALITY INDUSTRIAL CORP (QIND) reported $16.3M in revenue for fiscal year 2025, up 45.9% from the prior fiscal year. This page shows its 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).
Revenue expansion exposed a cost-heavy operating model as margin compression and external financing replaced internal cash generation.
From FY2024 to FY2025, revenue increased45.9% while gross margin fell from35.5% , showing that added volume came with weaker unit economics. Operating margin then moved from6.3% to-2.8% , indicating that higher selling and administrative costs overwhelmed the expanded gross profit rather than being absorbed by scale.
Cash conversion deteriorated sharply: operating cash flow shifted from
FY2025 liabilities of
Financial Health Signals
QUALITY INDUSTRIAL CORP does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
QUALITY INDUSTRIAL CORP scores -1.70, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($580K) relative to total liabilities ($18.3M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
QUALITY INDUSTRIAL CORP passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
QUALITY INDUSTRIAL CORP reported a net loss of $5.4M while operations used $2.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.
QUALITY INDUSTRIAL CORP reported an operating loss of $457K against $82K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
QUALITY INDUSTRIAL CORP generated $3.5M in revenue in Q2 2026. This represents a decrease of 11.9% from the same quarter a year earlier. Against the prior quarter it is down 3.6%.
QUALITY INDUSTRIAL CORP's EBITDA was $182K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 61.6% from the same quarter a year earlier. Against the prior quarter it is down 18.3%.
QUALITY INDUSTRIAL CORP reported -$32K in net income in Q2 2026. This represents an increase of 83.5% from the same quarter a year earlier. Against the prior quarter it is down 465.9%.
Cash & Balance Sheet
QUALITY INDUSTRIAL CORP held $150K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
QUALITY INDUSTRIAL CORP's gross margin was 29.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 3.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.9 percentage points.
QUALITY INDUSTRIAL CORP's operating margin was 3.7% in Q2 2026, reflecting core business profitability. This is down 7.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.1 percentage points.
QUALITY INDUSTRIAL CORP's net profit margin was -0.9% in Q2 2026, showing the share of revenue converted to profit. This is up 4.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.1 percentage points.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
QIND Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5M-11.9% | $3.7M+1.2% | $5.2M+144.4% | $3.5M+32.1% | $4.0M+20.9% | $3.6M+17.3% | $2.1M | $2.7M-88.0% |
| Cost of Revenue | $2.5M-7.0% | $2.7M0.0% | $3.9M+138.0% | $2.3M+45.7% | $2.7M+30.0% | $2.7M+37.3% | $1.6M | $1.6M-88.8% |
| Gross Profit | $1.0M-21.8% | $1.0M+4.7% | $1.3M+165.6% | $1.2M+12.2% | $1.3M+5.7% | $955K-16.5% | $490K | $1.1M-86.5% |
| R&D Expenses | N/A | $7K+90.8% | N/A | N/A | N/A | $4K | N/A | N/A |
| SG&A Expenses | $772K-6.4% | $700K-61.4% | $835K+9.2% | $1.4M+86.9% | $825K+9.9% | $1.8M+5410.2% | $764K | $751K-55.3% |
| Operating Income | $132K-70.0% | $176K+118.6% | $336K+25.1% | -$286K-435.5% | $440K+3.4% | -$947K-1065.7% | $268K | $85K+104.7% |
| EBITDA | $182K-61.6% | $223K+124.6% | $374K+21.5% | -$254K-305.3% | $475K+2.4% | -$907K-1022.1% | $308K | $124K+106.8% |
| Interest Expense | $8K-69.1% | $9K-70.8% | $11K | $12K-79.1% | $27K+35.1% | $32K | N/A | $56K+103.1% |
| Income Tax | $17K-69.8% | $23K-16.4% | $43K-44.1% | $38K+5.4% | $57K+30.6% | $27K | $76K | $36K |
| Net Income | -$32K+83.5% | $9K+100.6% | -$3.6M-985.7% | -$264K+46.9% | -$196K-300.8% | -$1.4M-780.3% | -$330K | -$498K+74.3% |
| EPS (Basic) | $0.00 | $0.00+100.0% | -$0.02 | $0.00 | $0.00 | -$0.01 | $0.00+100.0% | $0.00+100.0% |
| EPS (Diluted) | $0.00 | $0.00+100.0% | -$0.02 | $0.00 | $0.00 | -$0.01 | $0.00+100.0% | $0.00+100.0% |
| Diluted Shares (Avg) | 193M+26.0% | 193M+42.3% | N/A | 168M+26.2% | 153M+17.8% | 135M | N/A | 133M+12.0% |
QIND Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $17.1M-9.0% | $16.9M-7.7% | $16.6M-8.2% | $20.0M+17.1% | $18.8M+13.7% | $18.3M+6.2% | $18.1M+105.0% | $17.1M-92.1% |
| Current Assets | $7.4M-6.9% | $7.3M-3.9% | $7.0M-5.7% | $8.6M+35.4% | $7.9M+34.8% | $7.6M+4.9% | $7.5M+272.9% | $6.3M-95.0% |
| Cash & Equivalents | $150K-49.4% | $173K-52.1% | $427K+89.1% | $972K+338.4% | $297K+193.1% | $360K+214.8% | $226K+8952.2% | $222K+8793.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $264K-71.9% | $214K-80.3% | $201K-83.6% | $922K-17.1% | $941K-14.7% | $1.1M-22.9% | $1.2M | $1.1M-22.6% |
| Accounts Receivable | $5.3M+39.3% | $5.3M+71.6% | $5.3M+65.5% | $4.0M+72.0% | $3.8M+81.3% | $3.1M+14.4% | $3.2M | $2.3M-96.8% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0-100.0% | $0-100.0% | $0 |
| Goodwill | $8.4M0.0% | $8.4M0.0% | $8.4M0.0% | $8.4M-0.8% | $8.4M-0.8% | $8.4M-0.8% | $8.4M | $8.5M-85.0% |
| Total Liabilities | $18.5M+5.8% | $18.4M+6.3% | $18.3M+13.6% | $18.3M+21.2% | $17.5M+19.2% | $17.3M+17.4% | $16.1M+99.1% | $15.1M-91.5% |
| Current Liabilities | $18.1M+30.8% | $18.0M+42.9% | $16.8M+49.3% | $15.8M+55.8% | $13.9M+59.0% | $12.6M+75.5% | $11.2M+94.1% | $10.1M-93.3% |
| Non-Current Liabilities | $373K-89.7% | $384K-91.8% | $1.6M-68.3% | $2.5M-48.9% | $3.6M-39.0% | $4.7M-37.8% | $4.9M+111.6% | $5.0M-81.9% |
| Long-Term Debt | N/A | N/A | N/A | $302K | $136K-68.5% | $76K-78.8% | N/A | N/A |
| Total Equity | -$1.4M-211.0% | -$1.5M-257.4% | -$1.7M-184.3% | $1.7M-14.6% | $1.3M-32.0% | $966K-61.9% | $2.0M+168.6% | $1.9M-94.9% |
| Retained Earnings | -$22.7M-20.5% | -$22.7M-21.6% | -$22.7M-31.6% | -$19.1M-13.7% | -$18.8M-15.4% | -$18.6M-13.4% | -$17.2M-3.1% | -$16.8M-191.4% |
QIND Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$31K+82.5% | -$310K+7.5% | -$733K-759.8% | -$1.3M-592.3% | -$180K-112.8% | -$335K-96.0% | $111K-97.8% | -$194K-109.2% |
| Depreciation & Amortization | $50K+45.9% | $47K+17.9% | $38K-4.4% | $32K-16.7% | $35K-8.1% | $40K+9277.2% | $40K | $38K |
| Investing Cash Flow | -$105K-428.1% | -$75K+62.5% | -$166K-9027.9% | -$992K-56094.0% | -$20K+82.6% | -$200K-278.9% | -$2K+100.0% | -$2K+99.8% |
| Financing Cash Flow | $114K-16.2% | $130K-80.6% | $353K+435.8% | $3.0M+852.3% | $136K+110.4% | $670K+291.4% | -$105K-112.9% | $316K+117.9% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
QIND Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.2%-3.7pp | 27.3%+0.9pp | 25.2%+2.0pp | 34.5%-6.1pp | 32.9%-4.7pp | 26.4%-10.7pp | 23.2% | 40.6%+4.5pp |
| Operating Margin | 3.7%-7.2pp | 4.8%+30.9pp | 6.5%-6.2pp | -8.1%-11.3pp | 11.0%-1.8pp | -26.2%-23.5pp | 12.7% | 3.2%+11.4pp |
| Net Margin | -0.9%+4.0pp | 0.2%+39.1pp | -69.3%-53.7pp | -7.5%+11.2pp | -4.9%-7.8pp | -38.8%-45.5pp | -15.6% | -18.7%-9.9pp |
| Return on Equity | N/A | N/A | N/A | -15.9%+9.7pp | -15.4%-20.6pp | -145.5%-153.7pp | -16.5% | -25.6%-20.6pp |
| Return on Assets | -0.2%+0.8pp | 0.1%+7.7pp | -21.5%-19.7pp | -1.3%+1.6pp | -1.0%-1.6pp | -7.7%-8.9pp | -1.8% | -2.9%-2.0pp |
| Current Ratio | 0.41-0.2x | 0.40-0.2x | 0.42-0.2x | 0.55-0.1x | 0.57-0.1x | 0.60-0.4x | 0.67+0.3x | 0.63-0.2x |
| Debt-to-Equity | N/A | N/A | N/A | 0.18-7.6x | 0.11-0.1x | 0.08-0.1x | 8.07+7.6x | 7.78+3.1x |
| Asset Turnover | 0.210.0x | 0.220.0x | 0.31+0.2x | 0.180.0x | 0.210.0x | 0.200.0x | 0.12 | 0.16+0.1x |
Not reported in any period shown, so not listed: FCF Margin.
Note: Shareholder equity is negative (-$1.7M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.42), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| QUALITY INDUSTRIAL CORP QIND | FY2025 | $16.3M | -$5.4M | -33.4% | $580K | — |
| NIGHTFOOD HLDGS INC NGTF | FY2025 | $482K | -$8.1M | N/A | $16.0M | — |
| CAMBER ENERGY INC CEIN | FY2025 | $6.2M | -$4.4M | -70.8% | $8.2M | — |
Where QUALITY INDUSTRIAL CORP Ranks
Frequently Asked Questions
What is QUALITY INDUSTRIAL CORP's annual revenue?
QUALITY INDUSTRIAL 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 INDUSTRIAL CORP's revenue growing?
QUALITY INDUSTRIAL CORP (QIND) revenue grew by 45.9% year-over-year, from $11.2M to $16.3M in fiscal year 2025.
Is QUALITY INDUSTRIAL CORP profitable?
No, QUALITY INDUSTRIAL CORP (QIND) reported a net income of -$5.4M in fiscal year 2025, with a net profit margin of -33.4%.
What is QUALITY INDUSTRIAL CORP's EBITDA?
QUALITY INDUSTRIAL CORP (QIND) had EBITDA of -$312K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is QUALITY INDUSTRIAL CORP's gross margin?
QUALITY INDUSTRIAL 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 INDUSTRIAL CORP's operating margin?
QUALITY INDUSTRIAL 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 INDUSTRIAL CORP's net profit margin?
QUALITY INDUSTRIAL 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 INDUSTRIAL CORP's free cash flow?
QUALITY INDUSTRIAL CORP (QIND) recorded an outflow of $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 INDUSTRIAL CORP's operating cash flow?
QUALITY INDUSTRIAL CORP (QIND) recorded an outflow of $2.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are QUALITY INDUSTRIAL CORP's total assets?
QUALITY INDUSTRIAL CORP (QIND) had $16.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What are QUALITY INDUSTRIAL CORP's capital expenditures?
QUALITY INDUSTRIAL CORP (QIND) invested $300K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is QUALITY INDUSTRIAL CORP's current ratio?
QUALITY INDUSTRIAL CORP (QIND) had a current ratio of 0.42 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is QUALITY INDUSTRIAL CORP's return on assets (ROA)?
QUALITY INDUSTRIAL CORP (QIND) had a return on assets of -32.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is QUALITY INDUSTRIAL CORP's P/E ratio?
QUALITY INDUSTRIAL CORP (QIND) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $580K as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is QUALITY INDUSTRIAL CORP's price-to-sales ratio?
QUALITY INDUSTRIAL CORP (QIND) trades at 0.0x sales, its market capitalization divided by revenue of $15.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $580K as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does QUALITY INDUSTRIAL CORP's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, QUALITY INDUSTRIAL CORP (QIND) held $427K in cash, cash equivalents and investments, and reported an operating cash outflow of $2.6M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is QUALITY INDUSTRIAL CORP's debt-to-equity ratio negative or not reported?
QUALITY INDUSTRIAL CORP (QIND) has negative shareholder equity of -$1.7M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is QUALITY INDUSTRIAL CORP's Altman Z-Score?
QUALITY INDUSTRIAL CORP (QIND) has an Altman Z-Score of -1.70, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is QUALITY INDUSTRIAL CORP's Piotroski F-Score?
QUALITY INDUSTRIAL CORP (QIND) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are QUALITY INDUSTRIAL CORP's earnings high quality?
QUALITY INDUSTRIAL CORP (QIND) reported a net loss of $5.4M while operations used $2.6M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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 INDUSTRIAL CORP cover its interest payments?
QUALITY INDUSTRIAL CORP (QIND) reported an operating loss of $457K against $82K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.