Filing Flows › QT Imaging Holdings (QTI) › Q4 2024
QT Imaging Holdings (QTI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
QT Imaging Holdings (QTI) reported revenue of $847K for the fourth quarter 2024 (Q4 2024), up 171-fold from a year earlier and -11% from the quarter before. Operating margin was -242.2%, net loss $3.5M (411.9% of revenue).
QT Imaging Holdings, Q4 2024: revenue $847K (171× year over year), operating margin -242.2%, net loss $3.5M, operating cash flow −$1.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $847K | -11% | 171× |
| Operating profit | −$2.1M | — | — |
| Net earnings | −$3.5M | — | — |
| Operating cash flow | −$1.2M | — | — |
What changed
Revenue was $847K in Q4 2024, up 17004% year over year and down 11% from the previous quarter. Product was the largest line at 94% of revenue.
Gross margin was 47.2%. Operating costs exceeded revenue by $2.1M, an operating margin of -242.2%. The fastest-growing cost line was SG&A (+372%). The quarter ended with a net loss of $3.5M, narrower than the previous quarter's $3.6M loss.
Operating cash flow was −$1.2M. Non-cash charges added back $27K of depreciation and amortization and $124K of share-based compensation. Working capital and other items added $2.1M. Capital expenditures of $53K exceeded it, leaving free cash flow of −$1.3M.
Questions
What was QT Imaging Holdings' revenue in the fourth quarter 2024?
QT Imaging Holdings (QTI) reported revenue of $847K for the fourth quarter 2024 (Q4 2024), up 171-fold from a year earlier and -11% from the quarter before.
Was QT Imaging Holdings profitable in the fourth quarter 2024?
Operating loss was $2.1M (-242.2% of revenue) and net loss $3.5M.