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Quipt Home Medical Stock Price, News & Analysis

QIPT NASDAQ

Company Description

Quipt Home Medical Corp. (QIPT) is a U.S.-based home medical equipment provider focused on end-to-end respiratory care and in-home support for patients with chronic conditions. According to multiple company disclosures, Quipt provides in-home monitoring and disease management services for patients in the United States healthcare market, with an emphasis on respiratory solutions delivered in the home setting.

The company states that it focuses on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its model centers on supporting these patients outside of traditional hospital environments through home-based services and equipment. Quipt’s primary business objective, as described in its press releases, is to create shareholder value by offering a broader range of services to patients in need of in-home monitoring and chronic disease management.

Business model and services

Quipt describes itself as a home medical equipment provider with an organic growth strategy built around increasing annual revenue per patient. It aims to do this by offering multiple services to the same patient, consolidating the patient’s services, and making life easier for the patient through a single, coordinated provider relationship. The company repeatedly highlights its focus on end-to-end respiratory solutions within the U.S. healthcare market and on managing several chronic disease states in the home.

In addition to respiratory care, Quipt’s public communications reference durable medical equipment and home medical products as part of its operations. While detailed product lists are not provided in the available materials, the company consistently characterizes its activities as providing in-home monitoring, disease management, and respiratory-focused services to a chronic-care patient population.

Geographic and corporate context

Quipt is identified in SEC filings as a corporation organized under the laws of British Columbia, Canada, with operations focused on the United States healthcare market. Its common shares trade under the symbol QIPT on The Nasdaq Capital Market and the Toronto Stock Exchange, as noted in its Form 8-K filing dated December 14, 2025.

From the company’s own descriptions, its activities are integrated into the broader U.S. healthcare ecosystem, including relationships with health systems and hospitals. For example, Quipt has announced transactions involving a full-service durable medical equipment provider wholly owned by Ballad Health and a joint venture interest in Hart Medical Equipment, both of which are described as supporting its strategy of expanding through healthcare system partnerships and post-acute care coordination. These transactions are discussed in the company’s press releases dated July 7, 2025 and August 12, 2025.

Focus on chronic disease management and respiratory care

Across multiple news releases, Quipt reiterates that it provides in-home monitoring and disease management services including end-to-end respiratory solutions for patients in the United States healthcare market. The company indicates that it seeks to expand its offerings to include the management of several chronic disease states, with specific reference to patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions.

This emphasis on chronic disease management is paired with a strategy of consolidating services for each patient. By providing multiple services to the same patient in the home, Quipt aims to simplify the patient experience and deepen its role in long-term care pathways. The company also highlights recurring revenue characteristics in its financial communications, noting recurring revenue derived from rentals of medical equipment and sales of respiratory resupplies, though detailed breakdowns are presented as part of its non-GAAP metrics rather than as a standalone business description.

Strategic partnerships and acquisitions

Quipt’s public releases describe a strategy that includes acquisitions and joint ventures with healthcare system partners. In July 2025, the company announced the acquisition of a full-service durable medical equipment provider wholly owned by Ballad Health, an integrated health system. This transaction was accompanied by a preferred provider agreement that embeds Quipt into Ballad Health’s hospital discharge planning process across multiple hospitals, providing access to post-acute referrals.

In August 2025, Quipt disclosed a definitive agreement to acquire a 60% membership interest in Hart Medical Equipment through a joint venture structure, as detailed in both a Form 8-K and a related press release. Hart is described as a durable medical equipment supplier with longstanding relationships with health systems and hospitals. Quipt characterizes this joint venture as consistent with its strategy of expanding relationships with healthcare systems and building integration models that embed its services into discharge planning and care coordination.

Pending acquisition and expected privatization

On December 14, 2025, Quipt entered into an Arrangement Agreement to be acquired by entities affiliated with Kingswood Capital Management, as disclosed in a Form 8-K filed on December 15, 2025 and a related press release. Under the terms of this agreement, a special purpose acquisition vehicle funded by affiliates of Kingswood Capital Management and Forager Capital Management will acquire all issued and outstanding common shares of Quipt for US$3.65 per share in cash, pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia).

The company’s board of directors unanimously approved the transaction and recommended that shareholders vote in favor of the arrangement. According to the press release and Form 8-K, if the arrangement is consummated, Quipt’s shares will be delisted from The Nasdaq Capital Market and the Toronto Stock Exchange, de-registered under the U.S. Securities Exchange Act of 1934, and Quipt will cease to be a reporting issuer under applicable Canadian securities laws. The press release further states that following completion of the transaction, Quipt will become a privately held company and cease to report in the U.S. and Canada. The transaction remains subject to shareholder, court, and regulatory approvals and other customary closing conditions.

Position within the healthcare ecosystem

Within its own disclosures, Quipt positions itself as a participant in the U.S. healthcare market focused on home-based care, particularly for patients requiring respiratory support and chronic disease management. Its relationships with health systems, as described in the Ballad Health and Hart Medical announcements, are presented as a way to integrate home medical equipment and monitoring into hospital discharge processes and ongoing care pathways.

Quipt also emphasizes recurring revenue characteristics and the use of technology and centralized intake processes in its operational highlights, though these details are primarily presented in the context of financial results rather than as a standalone operational description. Nonetheless, they support the company’s portrayal of a scalable operating platform centered on recurring home-based services.

QIPT stock on Stock Titan

For investors and researchers reviewing QIPT stock, Stock Titan’s overview page aggregates this structural information about Quipt’s business focus, its role in in-home respiratory and chronic disease management, its partnerships with health systems, and the announced plan of arrangement that, if completed, would result in the company becoming privately held and its shares being delisted. This context helps frame historical and current trading in QIPT shares within the company’s stated strategy and corporate developments.

Stock Performance

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0.00%
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Last updated:
+51.67%
Performance 1 year
$161.4M

Financial Highlights

$245.4M
Revenue (TTM)
-$10.7M
Net Income (TTM)
$37.7M
Operating Cash Flow

Upcoming Events

MAR
03
March 3, 2026 Corporate

Special shareholder meeting

Proxy circular mailed; meeting authorized by B.C. Supreme Court; 10:00 AM EST
MAR
05
March 5, 2026 Corporate

Supreme Court final order hearing

Supreme Court of British Columbia hearing to seek final order for $3.65/share acquisition.

Short Interest History

Last 12 Months
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Short interest in Quipt Home Medical (QIPT) currently stands at 671.5 thousand shares, up 4.0% from the previous reporting period, representing 2.0% of the float. Over the past 12 months, short interest has decreased by 55.3%. This relatively low short interest suggests limited bearish sentiment.

Days to Cover History

Last 12 Months
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Days to cover for Quipt Home Medical (QIPT) currently stands at 1.3 days, up 23.5% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 88.8% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 16.2 days.

Frequently Asked Questions

What is the current stock price of Quipt Home Medical (QIPT)?

The current stock price of Quipt Home Medical (QIPT) is $3.64 as of March 3, 2026.

What is the market cap of Quipt Home Medical (QIPT)?

The market cap of Quipt Home Medical (QIPT) is approximately 161.4M. Learn more about what market capitalization means .

What is the revenue (TTM) of Quipt Home Medical (QIPT) stock?

The trailing twelve months (TTM) revenue of Quipt Home Medical (QIPT) is $245.4M.

What is the net income of Quipt Home Medical (QIPT)?

The trailing twelve months (TTM) net income of Quipt Home Medical (QIPT) is -$10.7M.

What is the earnings per share (EPS) of Quipt Home Medical (QIPT)?

The diluted earnings per share (EPS) of Quipt Home Medical (QIPT) is $-0.24 on a trailing twelve months (TTM) basis. Learn more about EPS .

What is the operating cash flow of Quipt Home Medical (QIPT)?

The operating cash flow of Quipt Home Medical (QIPT) is $37.7M. Learn about cash flow.

What is the profit margin of Quipt Home Medical (QIPT)?

The net profit margin of Quipt Home Medical (QIPT) is -4.4%. Learn about profit margins.

What is the operating margin of Quipt Home Medical (QIPT)?

The operating profit margin of Quipt Home Medical (QIPT) is -1.6%. Learn about operating margins.

What is the gross margin of Quipt Home Medical (QIPT)?

The gross profit margin of Quipt Home Medical (QIPT) is 72.2%. Learn about gross margins.

What is the current ratio of Quipt Home Medical (QIPT)?

The current ratio of Quipt Home Medical (QIPT) is 1.05, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the gross profit of Quipt Home Medical (QIPT)?

The gross profit of Quipt Home Medical (QIPT) is $177.2M on a trailing twelve months (TTM) basis.

What is the operating income of Quipt Home Medical (QIPT)?

The operating income of Quipt Home Medical (QIPT) is -$3.8M. Learn about operating income.

What does Quipt Home Medical Corp. do?

According to its public disclosures, Quipt Home Medical Corp. provides in-home monitoring and disease management services, including end-to-end respiratory solutions, for patients in the United States healthcare market. The company focuses on supporting patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions in the home setting.

How does Quipt Home Medical describe its business strategy?

Quipt states that its primary business objective is to create shareholder value by offering a broader range of services to patients in need of in-home monitoring and chronic disease management. Its organic growth strategy is to increase annual revenue per patient by offering multiple services to the same patient, consolidating the patient’s services, and making life easier for the patient.

In which market does Quipt Home Medical operate?

Company press releases describe Quipt Home Medical as a U.S.-based home medical equipment provider operating in the United States healthcare market. The firm focuses on in-home monitoring, disease management, and respiratory care for U.S. patients, while being organized as a corporation under the laws of British Columbia, Canada.

On which exchanges is QIPT stock listed?

A Form 8-K filed on December 14, 2025 notes that Quipt Home Medical’s common shares trade on The Nasdaq Capital Market and the Toronto Stock Exchange under the symbol QIPT. The same filing and related press release explain that, if a planned arrangement transaction is completed, the shares are expected to be delisted from both exchanges.

What types of patients does Quipt Home Medical focus on?

In its "About Quipt Home Medical" sections, the company states that it focuses on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its services are designed to support these patients through in-home monitoring, disease management, and end-to-end respiratory solutions.

What is the planned acquisition involving Quipt Home Medical?

On December 15, 2025, Quipt announced that it had entered into a definitive Arrangement Agreement under which a special purpose acquisition vehicle funded by affiliates of Kingswood Capital Management and Forager Capital Management will acquire all of Quipt’s issued and outstanding common shares for US$3.65 per share in cash. A related Form 8-K explains that the transaction will be implemented by a plan of arrangement under the Business Corporations Act (British Columbia), subject to shareholder, court, and regulatory approvals.

What happens to QIPT shares if the Kingswood and Forager transaction closes?

The December 15, 2025 press release and Form 8-K state that upon closing of the transaction, the purchaser intends to cause Quipt’s shares to be delisted from the Toronto Stock Exchange and The Nasdaq Capital Market, de-registered under the U.S. Securities Exchange Act of 1934, and to cause Quipt to cease to be a reporting issuer under Canadian securities laws. The company also notes that it will become a privately held company and cease to report in the U.S. and Canada.

How does Quipt Home Medical work with health systems and hospitals?

Quipt’s news releases describe several transactions with health systems and hospitals. In July 2025, it acquired a full-service durable medical equipment provider wholly owned by Ballad Health and entered into a preferred provider agreement that embeds Quipt into Ballad Health’s hospital discharge planning process. In August 2025, it signed a definitive agreement to acquire a 60% interest in Hart Medical Equipment through a joint venture with multiple health systems and hospitals, with the goal of integrating home medical equipment into discharge planning and care coordination.

What role does recurring revenue play in Quipt’s business?

In its financial results press releases, Quipt highlights recurring revenue derived from rentals of medical equipment and sales of respiratory resupplies. For example, in its fourth quarter 2025 results, the company reports recurring revenue as a percentage of total revenue and attributes this to the growth of its resupply platform. These disclosures indicate that recurring revenue is a significant component of its business model.

Is Quipt Home Medical still a public reporting company?

As of the information contained in the December 15, 2025 press release and related Form 8-K, Quipt remained a public reporting company but had entered into an Arrangement Agreement to be acquired and taken private. The company states that following completion of the transaction, it will become a privately held company, its shares will be delisted from The Nasdaq Capital Market and the Toronto Stock Exchange, and it will cease to be a reporting issuer in the U.S. and Canada. Completion of the transaction is subject to shareholder, court, and regulatory approvals and other customary conditions.