For the quarter ending 2026-03-31, QTI made $6,530,000 in revenue. -$2,349,000 in net income. Net profit margin of -35.97%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Revenue | 6,530,000 | 4,731,250* | 955,970 | 1,714,035 |
| Cost of revenue | 3,858,000 | 2,585,250* | 350,667 | 839,484 |
| Gross profit | 2,672,000 | 2,146,000* | 605,303 | 874,551 |
| Research and development | 1,724,000 | 984,000* | 925,214 | 925,082 |
| Selling, general and administrative | 3,297,000 | 2,271,250* | 2,007,277 | 2,169,541 |
| Total operating expenses | 5,021,000 | 3,255,250* | 2,932,491 | 3,094,623 |
| Loss from operations | -2,349,000 | -1,109,250* | -2,327,188 | -2,220,072 |
| Interest expense, net | - | -659,750* | -1,455,306 | -1,095,050 |
| Other expense, net | - | 2,190,250* | - | 187,394 |
| Change in fair value of warrant liability | - | 894,500* | -8,805 | -213,942 |
| Change in fair value of derivative liability | - | 25,250* | 87,200 | 1,729,700 |
| Change in fair value of earnout liability | - | 442,500* | -50,000 | -310,000 |
| Total other (expense) income | - | -4,161,750* | 16,995 | - |
| Loss before income tax benefit | - | -5,271,000* | -3,619,494 | -1,248,874 |
| Deemed dividend related to the modification of equity classified warrants | - | - | - | 5,185,502 |
| Income tax benefit | - | -250* | - | - |
| Net loss and comprehensive loss attributable to common stockholders | - | - | -3,619,494 | -6,434,376 |
| Net loss | - | -5,270,750 | - | - |
| Basic EPS | -0.25 | -0.503 | -0.17 | -0.3 |
| Diluted EPS | -0.25 | -0.503 | -0.17 | -0.3 |
| Basic Average Shares | 13,798,000 | 10,476,000 | 21,441,416 | 21,440,447 |
| Diluted Average Shares | 13,798,000 | 10,476,000 | 21,441,416 | 21,440,447 |
QT IMAGING HOLDINGS, INC. (QTI)
QT IMAGING HOLDINGS, INC. (QTI)