Latest revenue
$6.5M
as of 2026-03-31
Latest net income
$-3.4M
as of 2026-03-31
Net margin
-52.2%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $60.6M
- Enterprise value
- $60.6M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $7.60
- 52-wk low
- $4.90
- Beta
- —
- Shares out
- 12.0M
5-year trend
What this company does
Item 1: Business The following discussion reflects the business of the Company. In this section, “we,” “us,” “our,” “the Company” or “QT Imaging” below generally refers to QT Imaging Holdings, Inc. and its subsidiaries. Background of the Business Combination On December 8, 2022, GigCapital5, Inc. (“GigCapital5”), our legal predecessor company and a special purpose acquisition company which was incorporated in Delaware in 2021, entered into the Business Combination Agreement with its wholly owned subsidiary, QTI Merger Sub, Inc. (“Merger Sub”), and QT Imaging, Inc. When the transactions contemplated by the Business Combination Agreement (the “Business Combination”) closed on March 4, 2024,…
AI summary unavailable — showing raw filing excerpt
Generated from QTI's filing dated 2026-03-25
Key risks
Item 1A: Risk Factors An investment in our common stock involves a high degree of risk. In addition to the other information contained in this annual report, including the matters addressed under the heading “Cautionary Statement Regarding Forward-Looking Statements” and “Summary of Risk Factors,” together with all of the other information contained in this annual report, including our consolidated financial statements and the related notes thereto and the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and in our other public filings, in evaluating our business. The risk factors described below are not intended to be exhaustive and…
AI summary unavailable — showing raw filing excerpt
Generated from QTI's filing dated 2026-03-25
Profitability
Gross margin
45.4%
16.2%Operating margin
-23.4%
90.6%Net margin
-111.4%
39.5%Return on equity
-327.1%
293.4%Return on assets
-91.6%
38.0%Leverage
Debt / equity
2.57×
219.9%Long-term debt / equity
0.60×
183.4%Debt / assets
72.0%
61.6%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $6.5M | +133.4% | $-3.4M | +69.4% | -52.2% |
Q4 2025 2025-12-31 | $8.3M | +877.2% | $-1.4M | +60.2% | -16.8% |
Q3 2025 2025-09-30 | $4.2M | +338.5% | $-4.6M | -25.9% | -108.7% |
Q2 2025 2025-06-30 | $3.7M | +113.5% | $-4.0M | -220.4% | -109.3% |
Q1 2025 2025-03-31 | $2.8M | +105.4% | $-11.1M | -1671.6% | -398.0% |
Q4 2024 2024-12-31 | $846.8K | — | $-3.5M | — | -411.9% |
Q3 2024 2024-09-30 | $956.0K | +3777.1% | $-3.6M | -542.3% | -378.6% |
Q2 2024 2024-06-30 | $1.7M | +53749.7% | $-1.2M | +11.8% | -72.9% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Electromedical & Electrotherapeutic Apparatus · SIC 3845
Your notes
Keep private notes on QTI — thesis, target price, catalysts to watch.
Visible only to you. Never shared. Never used to train AI.
Insider activity
Insider buying
$155.0K
Insider selling
$0
Net activity
+$155.0K
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2026-01-22 | Avi S Katz CHAIRMAN | Purchase | 24,107 | $6.43 | $155.0K | |
| 2026-01-22 | Avi S Katz CHAIRMAN | Purchasederiv. | 48,214 | $0.00 | $0 |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns QTI
Institutional value
$656.2K
Total shares held
111.8K
Distinct holders
10
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 28.3K | $166.4K | — | New |
| 2 | Blue Trust, Inc. | 24.0K | $140.9K | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 21.9K | $128.7K | — | New |
| 4 | OXFORD FINANCIAL GROUP, LTD. LLC | 20.6K | $120.7K | — | New |
| 5 | WELLS FARGO & COMPANY/MN | 5.6K | $32.6K | — | New |
| 6 | FIFTH THIRD BANCORP | 4.0K | $23.3K | — | New |
| 7 | UBS Group AG | 3.0K | $17.6K | — | New |
| 8 | JNBA Financial Advisors | 2.5K | $14.7K | — | New |
| 9 | VANGUARD FIDUCIARY TRUST CO | 1.7K | $9.9K | — | New |
| 10 | Steward Partners Investment Advisory, LLC | 229 | $1.3K | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once QTI's latest filing finishes processing.