QT Imaging reports Q4 record revenue $8.3M (+877% YoY); 2025 revenue $18.9M, beats guidance

QT IMAGING HOLDINGS, INC.

2025-FY EPS reported -$2.01 revenue$18,925,000

Q4 revenue $8.3M, up 97% QoQ and 877% YoY; record 17 scanners shipped.
Full year 2025 revenue $18.9M, surpassing guidance of $18M; shipped 40 scanners (vs 12 in 2024).
Net loss improved to $1.4M in Q4 (from $3.5M); full year net loss $21.1M included $8.8M non-cash charges.
Gross margin 38% in Q4 (vs 47% YoY) and 45% for 2025 (vs 54% in 2024) due to tariff-affected scanner costs.
2026 revenue outlook ~$39M; UAE distribution deal with Al Naghi Medical for min. 43 scanners over 3 years (~$24M+).

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