QIND · Quality Industrial Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.67M | - | $2.66M | $4.01M | $3.62M | - | $2.66M | $3.32M | $22.13M | - |
| Cost of Revenue | $2.67M | - | $2.30M | $2.69M | $2.67M | - | $1.58M | $2.07M | $14.13M | - |
| Gross Profit | $1.00M | - | $1.21M | $1.32M | $955.4K | - | $1.08M | $1.25M | $8.00M | - |
| R&D | $6.7K | - | - | - | $3.5K | - | - | - | - | - |
| SG&A | $699.7K | - | $1.40M | $824.9K | $1.85M | - | $981.8K | $791.3K | $4.29M | - |
| Total Operating Expenses | $824.8K | - | $1.50M | $879.6K | $1.90M | - | $1.19M | $825.4K | $5.01M | - |
| D&A | $47.4K | - | $38.4K | $37.6K | $40.2K | - | $19.7K | $37.6K | $429 | - |
| Operating Income | $175.8K | - | ($285.8K) | $440.5K | ($947.1K) | - | ($106.8K) | $423.1K | $2.99M | - |
| Interest Expense | $9.4K | - | $11.7K | $27.4K | $32.2K | - | $140.8K | $25.7K | ($1.82M) | - |
| Income Tax | $22.6K | - | $38.1K | $57.3K | $0 | - | $36.1K | $43.9K | - | - |
| Net Income | $8.8K | - | ($264.2K) | ($195.9K) | ($1.41M) | - | ($469.1K) | $130.3K | $1.86M | - |
| EPS - Basic | $0.00 | - | $0.00 | $0.00 | ($0.01) | - | $0.00 | ($0.01) | $0.02 | - |
| EPS - Diluted | $0.00 | - | $0.00 | $0.00 | ($0.01) | - | $0.00 | $0.00 | $0.02 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $172.5K | $426.6K | $971.6K | $296.7K | $360.4K | $225.6K | $221.6K | $101.2K | $114.5K | $2.5K |
| Accounts Receivable | $5.30M | $5.31M | $4.04M | $3.83M | $3.09M | $3.21M | $2.35M | $2.11M | $2.70M | - |
| Inventory | $213.6K | $201.2K | $921.8K | $941.4K | $1.08M | $1.22M | $1.11M | $1.10M | $1.41M | - |
| Accounts Payable | $1.06M | $1.16M | $1.04M | $1.42M | $1.69M | $2.12M | $1.12M | $894.3K | $856.7K | - |
| Current Assets | $7.30M | $7.04M | $8.60M | $7.91M | $7.59M | $7.47M | $6.35M | $5.87M | $7.24M | $2.36M |
| Total Assets | $16.90M | $16.62M | $19.97M | $18.77M | $18.30M | $18.11M | $17.06M | $16.47M | $17.23M | $8.86M |
| Current Liabilities | $18.04M | $16.75M | $15.77M | $13.86M | $12.62M | $11.36M | $10.12M | $8.64M | $7.19M | $5.78M |
| Long-term Debt | - | - | $302.4K | $136.3K | $76.0K | - | - | $432.3K | $357.6K | $333.1K |
| Total Liabilities | $18.42M | $18.30M | $18.31M | $17.49M | $17.34M | $16.11M | $15.11M | $14.60M | $14.77M | $8.11M |
| Stockholders' Equity | ($1.52M) | ($1.68M) | $1.66M | $1.27M | $966.2K | $2.00M | $1.95M | $1.87M | $38.41M | $743.5K |
| Retained Earnings | ($22.66M) | ($22.67M) | ($19.09M) | ($18.83M) | ($18.63M) | ($17.23M) | ($16.79M) | ($16.30M) | ($16.43M) | ($16.63M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($309.6K) | - | - | - | ($334.8K) | - | - | - | $2.11M | - |
| Investing Cash Flow | ($75.1K) | - | - | - | ($200.0K) | - | - | - | ($255.0K) | - |
| Financing Cash Flow | $130.1K | - | - | - | $669.6K | - | - | - | ($487.3K) | - |
| CapEx | - | - | - | - | - | - | - | - | $255.0K | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | $1.85M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 27.3% | - | 45.5% | 32.9% | 26.4% | - | 40.6% | 37.6% | 36.1% | - |
| Operating margin | 4.8% | - | -10.7% | 11.0% | -26.2% | - | -4.0% | 12.8% | 13.5% | - |
| EBITDA margin | 6.1% | - | -9.3% | 11.9% | -25.0% | - | -3.3% | 13.9% | 13.5% | - |
| Net margin | 0.2% | - | -9.9% | -4.9% | -38.8% | - | -17.6% | 3.9% | 8.4% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | 8.4% | - |
| FCF / Net income | - | - | - | - | - | - | - | - | 1.00 | - |
| R&D / Revenue | 0.2% | - | - | - | 0.1% | - | - | - | - | - |
| SG&A / Revenue | 19.1% | - | 52.7% | 20.6% | 51.1% | - | 36.9% | 23.9% | 19.4% | - |
| Effective tax rate | 71.9% | - | - | - | - | - | - | 25.2% | - | - |
| Return on assets | 0.1% | - | -1.3% | -1.0% | -7.7% | - | -2.7% | 0.8% | 10.8% | - |
| Return on equity | -0.6% | - | -15.9% | -15.4% | -145.5% | - | -24.0% | 7.0% | 4.8% | - |
| Return on invested capital | - | - | -11.5% | 24.7% | -71.8% | - | - | 13.7% | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.40 | 0.42 | 0.55 | 0.57 | 0.60 | 0.66 | 0.63 | 0.68 | 1.01 | 0.41 |
| Quick ratio | 0.39 | 0.41 | 0.49 | 0.50 | 0.52 | 0.55 | 0.52 | 0.55 | 0.81 | 0.41 |
| Cash ratio | 0.01 | 0.03 | 0.06 | 0.02 | 0.03 | 0.02 | 0.02 | 0.01 | 0.02 | 0.00 |
| Leverage | ||||||||||
| Debt / Equity | - | - | 0.18 | 0.11 | 0.08 | - | - | 0.23 | 0.01 | 0.45 |
| Debt / Assets | - | - | 0.02 | 0.01 | 0.00 | - | - | 0.03 | 0.02 | 0.04 |
| Debt / EBITDA | - | - | - | 0.29 | - | - | - | 0.94 | 0.12 | - |
| Interest coverage | 18.7x | - | -24.4x | 16.1x | -29.4x | - | -0.8x | 16.5x | -1.6x | - |
| Equity multiplier | -11.11 | -9.87 | 12.04 | 14.73 | 18.94 | 9.07 | 8.73 | 8.80 | 0.45 | 11.91 |
| Liabilities / Assets | 1.09 | 1.10 | 0.92 | 0.93 | 0.95 | 0.89 | 0.89 | 0.89 | 0.86 | 0.92 |
| Efficiency | ||||||||||
| Asset turnover | 0.22 | - | 0.13 | 0.21 | 0.20 | - | 0.16 | 0.20 | 1.28 | - |
| Inventory turnover | 12.48 | - | 2.50 | 2.86 | 2.46 | - | 1.42 | 1.87 | 10.05 | - |
| Days sales outstanding | 528d | - | 553d | 349d | 311d | - | 322d | 232d | 45d | - |
| Days inventory outstanding | 29d | - | 146d | 128d | 148d | - | 257d | 195d | 36d | - |
| Days payable outstanding | 145d | - | 164d | 193d | 232d | - | 260d | 158d | 22d | - |
| Cash conversion cycle | 412d | - | 535d | 283d | 228d | - | 319d | 269d | 59d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | 2.9x | 1.5x | - | - | - | - | - | - |
| P / S | 0.5x | - | 1.8x | 0.5x | - | - | - | - | - | - |
| EV / EBITDA | 7.0x | - | - | 3.8x | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 1.2% | - | 0.0% | 20.9% | -83.6% | - | - | -84.6% | 21.9% | - |
| Revenue CAGR (3y) | -41.3% | - | -48.2% | -39.6% | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 4.7% | - | 12.2% | 5.7% | -88.1% | - | - | -84.3% | 46.6% | - |
| Operating income growth (YoY) | - | - | -167.6% | 4.1% | - | - | - | -90.8% | -1.1% | - |
| Net income growth (YoY) | - | - | 43.7% | - | - | - | - | -95.4% | -8.5% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | 0.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | -15.1% | -31.9% | -97.5% | 168.6% | - | -94.4% | 32.9% | -77.0% |
Peer comparison
Same SIC group: Misc Industrial & Commercial Machinery & Equipment
Comparing Quality Industrial Corp. against the 5 most active filers in the same SIC group.