earnings
confidence high
sentiment positive
materiality 0.75
QT Imaging Q1 revenue $6.5M (+133% YoY); net loss $3.4M; reaffirms FY2026 guidance ~$39M
QT IMAGING HOLDINGS, INC.
- Revenue of $6.5M up 133% YoY on 13 scanners shipped (vs. 6 in Q1 2025).
- Net loss of $3.4M ($0.25/sh) vs. $11.1M ($1.21/sh) in Q1 2025; adjusted EBITDA -$1.9M.
- Extended senior secured term loan maturity from March 2027 to March 2029; interest rate raised to 12% from 10%.
- AMA approved Category III CPT code X579T for QT Imaging, effective January 1, 2027.
- Received UAE clearance and FDA 510(k) clearance for enhanced breast imaging configuration.