Top Page
QT Imaging Holdings
(OTC:QTIH)
QT Imaging Holdings (QTIH) vs. SPDR S&P 500 ETF (SPY)
QT Imaging Holdings Business Overview & Revenue Model
QT Imaging Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 10.65M | 4.88B | 0.00 | 708.24K | 365.15K |
| Gross Profit | 5.44M | 2.64B | 0.00 | 151.32K | 104.58K |
| EBITDA | -6.04M | -12.18B | -3.39M | -2.26M | -4.27M |
| Net Income | -8.56M | -14.17B | -5.13M | -6.26M | -5.42M |
Balance Sheet | |||||
| Total Assets | 12.12M | 6.09B | 23.40M | 7.75M | 8.46M |
| Cash, Cash Equivalents and Short-Term Investments | 1.74M | 1.19B | 2.44K | 455.08K | 1.53M |
| Total Debt | 9.95M | 9.91B | 3.07M | 7.86M | 4.23M |
| Total Liabilities | 21.20M | 15.62B | 12.69M | 9.26M | 5.52M |
| Stockholders Equity | -9.08M | -9.54B | 10.71M | -1.51M | 2.94M |
Cash Flow | |||||
| Free Cash Flow | -5.91M | -10.12B | -1.94M | -3.88M | -2.72M |
| Operating Cash Flow | -5.86M | -10.03B | -1.94M | -3.86M | -2.70M |
| Investing Cash Flow | -47.00K | -87.79M | 19.92M | -22.60K | -18.37K |
| Financing Cash Flow | 6.45M | 11.13B | -18.05M | 2.78M | 3.67M |
QT Imaging Holdings Technical Analysis
QT Imaging Holdings Risk Analysis
QT Imaging Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
52 Neutral | $42.54M | -0.26 | -191.12% | ― | ― | -24.38% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% | |
51 Neutral | $75.48M | -1.25 | -73.73% | ― | 15.59% | 4.13% | |
45 Neutral | $46.97M | -2.66 | -157.91% | ― | -18.96% | 8.98% | |
44 Neutral | $70.22M | -2.75 | -1536.16% | ― | 185.12% | 21.22% | |
42 Neutral | $50.83M | -0.40 | -141.82% | ― | -55.88% | 6.14% | |
41 Neutral | $49.41M | -2.08 | ― | ― | -15.02% | -11.06% |
QT Imaging Holdings Corporate Events
On December 23, 2025, QT Imaging Holdings furnished unaudited pro forma condensed consolidated statements of operations and comprehensive loss for the quarters ended December 31, 2024 and March 31, June 30, and September 30, 2025, reflecting the impact of a private placement completed in October 2025 and related debt transactions as if they had occurred on January 1, 2024. The pro forma information gives effect to the $18.2 million private placement that closed on October 3, 2025, the October 6, 2025 repayment of $5 million in long-term debt plus accrued interest and a premium to Lynrock Lake, the elimination of expenses tied to extinguished or modified debt and the February 2025 Lynrock Lake term loan, and the exclusion of certain non-cash items such as interest, warrant, derivative and earnout fair-value adjustments, in order to present a non-GAAP view that management says better illustrates the company’s cash burn rate and underlying operating performance for stakeholders.
The most recent analyst rating on (QTIH) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on QT Imaging Holdings stock, see the QTIH Stock Forecast page.
On December 11, 2025, QT Imaging Holdings, Inc. released unaudited pro forma financial information reflecting the impact of a private placement of securities that occurred on September 30, 2025, and closed on October 3, 2025, raising approximately $18.18 million. The financial data also accounts for the repayment of $5 million in long-term debt and associated interest to Lynrock Lake Master Fund LP, as if these transactions had occurred on January 1, 2025, indicating a strategic financial restructuring aimed at enhancing the company’s balance sheet.
The most recent analyst rating on (QTIH) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on QT Imaging Holdings stock, see the QTIH Stock Forecast page.
On November 10, 2025, QT Imaging Holdings, Inc. released an investor presentation on its website, providing supplemental product and operational information. This release, which is part of a Current Report on Form 8-K, is intended to inform stakeholders but is not considered filed under the Exchange Act, thus not subject to certain liabilities.
The most recent analyst rating on (QTIH) stock is a Buy with a $3.40 price target. To see the full list of analyst forecasts on QT Imaging Holdings stock, see the QTIH Stock Forecast page.
QT Imaging Holdings reported strong financial results for the third quarter of 2025, with a revenue of $4.2 million, marking a 339% year-over-year growth. The company has strengthened its financial position through an $18.2 million PIPE transaction and is advancing its global expansion with a new distribution partner in Saudi Arabia. QT Imaging has also applied to relist on Nasdaq and appointed new executives to bolster its leadership team. The company is focusing on transforming its business model towards a scalable imaging platform, integrating AI/ML and biomarker science to enhance breast imaging. Additionally, QT Imaging has increased its revenue outlook for 2026, following a new distribution agreement in Saudi Arabia.
The most recent analyst rating on (QTIH) stock is a Buy with a $3.40 price target. To see the full list of analyst forecasts on QT Imaging Holdings stock, see the QTIH Stock Forecast page.
On October 24, 2025, QT Imaging Holdings, Inc. implemented a 3:1 reverse stock split of its common stock, which became effective on the market on the same day. This adjustment also affected the company’s public warrants, altering their exercise price and share conversion rate. The reverse stock split is managed by Continental Stock Transfer and Trust Company, with stockholders receiving instructions on how to handle their shares. This move is part of QT Imaging’s strategic efforts to optimize its stock structure and potentially improve its market position.
The most recent analyst rating on (QTIH) stock is a Buy with a $3.40 price target. To see the full list of analyst forecasts on QT Imaging Holdings stock, see the QTIH Stock Forecast page.
QT Imaging Holdings, Inc. announced that its board of directors has approved a reverse stock split at a ratio of 3:1, meaning every three shares of common stock will be consolidated into one. This decision, effective from October 23, 2025, aims to adjust the trading price of the company’s stock, which will begin trading on a reverse split-adjusted basis on the OTCQB Venture Market starting October 24, 2025.
The most recent analyst rating on (QTIH) stock is a Buy with a $3.40 price target. To see the full list of analyst forecasts on QT Imaging Holdings stock, see the QTIH Stock Forecast page.
On October 20, 2025, QT Imaging Holdings announced its application to relist on the Nasdaq Capital Market and a 3:1 reverse stock split approved by its Board of Directors. This strategic move, less than a year after leaving the exchange, is intended to meet Nasdaq’s listing requirements and reflects the company’s growth momentum, aiming to enhance long-term shareholder value and attract a broader investor base. The reverse stock split will take effect on October 23, 2025, reducing the company’s outstanding shares significantly and adjusting stockholder records accordingly.
The most recent analyst rating on (QTIH) stock is a Buy with a $3.40 price target. To see the full list of analyst forecasts on QT Imaging Holdings stock, see the QTIH Stock Forecast page.