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Companies / Health Care / QT Imaging Holdings, Inc.
QTI

QT Imaging Holdings, Inc.

Health CareElectromedical Apparatus
Ticker QTINOVATO, CAFiscal year ends DecemberBook value per share $0.16Diluted shares 14.3M

QT Imaging Holdings, Inc. (Nasdaq: QTI) develops and commercializes medical imaging systems that use low-energy sound to create three-dimensional images, with an initial focus on breast imaging. Its QT Breast Scanner, also known as the Breast Acoustic CT scanner, produces volumetric breast images without ionizing… From the company’s description.

Over the twelve months to Jun 30, 2026, QT Imaging Holdings, Inc. reported revenue of $26.43M, up 220.0% from a year earlier, and a net loss of $20.42M. Its operating margin was −24.8%, and operations used $12.47M in cash. In fiscal 2025, it reported revenue of $18.93M, up 287.9% from fiscal 2024, and a net loss of $21.08M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$18.93MFY2025
+287.9% year over year
Last 12 mo $26.43M
-23.45%FY2025
+226.2 percentage points
Last 12 mo -24.84%
$-21.08MFY2025
−134.6% year over year
Last 12 mo $-20.42M
-327.12%FY2025
−421.3 percentage points
Last 12 mo -909.22%
Cash & financing
$-8.96MFY2025
+10.7% year over year
Last 12 mo $-12.47M
$-9.08MFY2025
+10.3% year over year
Last 12 mo $-12.74M
0.71FY2025
Was -0.93× a year earlier
Last 12 mo 6.81
10.5MFY2025
−47.6% year over year
Last 12 mo 14.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What QT Imaging Holdings, Inc. does

In the company’s own words

QT Imaging Holdings, Inc. (Nasdaq: QTI) develops and commercializes medical imaging systems that use low-energy sound to create three-dimensional images, with an initial focus on breast imaging. Its QT Breast Scanner, also known as the Breast Acoustic CT scanner, produces volumetric breast images without ionizing radiation or breast compression and supports quantitative tissue measurements; customers include hospitals, radiology centers, clinicians and other healthcare providers. The company is also developing a cloud-based software platform for image visualization, quantitative analysis and future AI-enabled diagnostic support. It operates as a medical device business, combining scanner hardware with cloud software and related services, and works with distribution partners to reach clinical markets. Its scanners are cleared in the United States for breast imaging, including adjunctive imaging, and the company is pursuing applications in screening, diagnosis and treatment monitoring. QT Imaging traces its origins to QT Ultrasound, formed in 2012; it became a subsidiary of GigCapital5 following a 2024 business combination, after which GigCapital5 adopted the QT Imaging Holdings name. Its website is https://www.qtimaging.com.

Company details
Sector
Health Care
Industry (SIC)
Electromedical Apparatus
Headquarters
NOVATO, CA
Fiscal year end
December
CIK
1844505
SIC
3845

Financial performance, year by year

Fiscal 2022–2025 · USD
$-25.83M$-11.58M$2.67M$16.93M$31.18M2022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns QT Imaging Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

9
funds hold it
0 of 35
superinvestors hold it
$2.17M
held by funds, at market
3.5%
of shares held by funds

Largest fund holders · QT Imaging Holdings, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
—of fund net assets
Fidelity Series Total Market Index Fund
FCFMX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

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