Filing Flows › QT Imaging Holdings (QTI) › Q1 2026 › vs Q4 2025
QT Imaging Holdings (QTI) Q1 2026 vs Q4 2025 (quarter over quarter)
QT Imaging Holdings's revenue fell $1.7M (-21%) from $8.3M in Q4 2025 to $6.5M in Q1 2026. The biggest changes: Product −$1.8M (-21%); Service +$14K (+24%).
QT Imaging Holdings, Q1 2026: revenue $6.5M (+133% year over year), operating margin -36.0%, net loss $3.4M, operating cash flow −$3.7M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Product | $6.5M | $8.2M | −$1.8M | -21% |
| Service | $74K | $60K | $14K | +24% |
| Revenue | $6.5M | $8.3M | −$1.7M | -21% |
| Net loss | $3.4M | $1.4M | $2.0M | +145% |
| Costs & expenses | $9.9M | $9.7M | $269K | +3% |
| Operating costs | $8.9M | $9.0M | −$96K | -1% |
| Interest & other, net | $1.1M | $692K | $365K | +53% |
| Cost of revenue | $3.9M | $5.1M | −$1.3M | -25% |
| Research & development | $1.7M | $1.2M | $480K | +39% |
| SG&A | $3.3M | $2.6M | $699K | +27% |
| Operating cash sources | $4.1M | $3.4M | $656K | +19% |
| Depreciation & amortization | $20K | $16K | $4K | +29% |
| Share-based compensation | $381K | $282K | $99K | +35% |
| Cash used in operations | $3.7M | $3.1M | $553K | +18% |
| Net loss absorbed | $3.4M | $1.4M | $2.0M | +145% |
| Working capital & other | $649K | $2.0M | −$1.4M | -68% |
Questions
How much did QT Imaging Holdings's revenue grow quarter over quarter in Q1 2026?
QT Imaging Holdings's revenue fell $1.7M (-21%) from $8.3M in Q4 2025 to $6.5M in Q1 2026.
What drove QT Imaging Holdings's revenue change in Q1 2026?
Product −$1.8M (-21%); Service +$14K (+24%).