Filing Flows › QT Imaging Holdings (QTI) › Q2 2026
QT Imaging Holdings (QTI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
QT Imaging Holdings (QTI) reported revenue of $7.4M for the second quarter 2026 (Q2 2026), +103% from a year earlier and +14% from the quarter before. Operating margin was -25.1%, net loss $11.1M (148.9% of revenue).
QT Imaging Holdings, Q2 2026: revenue $7.4M (+103% year over year), operating margin -25.1%, net loss $11.1M, operating cash flow −$4.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.4M | +14% | +103% |
| Operating profit | −$1.9M | — | — |
| Net earnings | −$11.1M | — | — |
| Operating cash flow | −$4.8M | — | — |
What changed
Revenue was $7.4M in Q2 2026, up 103% year over year and up 14% from the previous quarter. Product was the largest line at 99% of revenue. Product added $3.8M year over year (up 104%), 100% of the total change.
Gross margin was 41.2%, down 8.8 points from Q2 2025. Operating costs exceeded revenue by $1.9M, an operating margin of -25.1%. Operating expenses grew 72% against revenue growth of 103%. The fastest-growing cost line was Research & development (+80%). The quarter ended with a net loss of $11.1M, wider than the previous quarter's $3.4M loss. Net interest and other expense of $9.2M was the main reason.
Operating cash flow was −$4.8M. Non-cash charges added back $21K of depreciation and amortization and $668K of share-based compensation. Working capital and other items added $5.5M. Capital expenditures of $174K exceeded it, leaving free cash flow of −$5.0M.
Questions
What was QT Imaging Holdings' revenue in the second quarter 2026?
QT Imaging Holdings (QTI) reported revenue of $7.4M for the second quarter 2026 (Q2 2026), +103% from a year earlier and +14% from the quarter before.
Was QT Imaging Holdings profitable in the second quarter 2026?
Operating loss was $1.9M (-25.1% of revenue) and net loss $11.1M.