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QT Imaging Holdings vs Escalon Medical: QTI and ESMC compared
QT Imaging Holdings is the larger company: $7.4M of revenue in its latest quarter (Q2 2026) against $3.9M for Escalon Medical (Q4 FY26). QT Imaging Holdings is growing faster (+103% against +50% a year earlier). Escalon Medical is more profitable, with an operating margin of 14.7% against -25.1%.
Where the money goes: QTI and ESMC
QT Imaging Holdings (QTI) · Q2 2026
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.
Escalon Medical (ESMC) · Q4 FY26
Escalon Medical, Q4 FY26: revenue $3.9M (+50% year over year), operating margin 14.7%, net earnings $1.8M, operating cash flow −$251K. The chart follows the revenue to costs, profit and cash.
| QT Imaging Holdings (QTI) | Escalon Medical (ESMC) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q4 FY26 |
| Revenue | $7.4M | $3.9M |
| Revenue growth, Y/Y | +103% | +50% |
| Operating margin | -25.1% | 14.7% |
| Net earnings | −$11.1M | $1.8M |
| Net margin | -148.9% | 46.1% |
| Operating cash flow | −$4.8M | −$251K |
Where the revenue comes from
QT Imaging Holdings
- Product: $7.4M (99%)
- Service: $50K (1%)
Escalon Medical
- Product: $3.7M (95%)
- Service: $202K (5%)
Questions
Which is bigger, QT Imaging Holdings or Escalon Medical?
QT Imaging Holdings is the larger company: $7.4M of revenue in its latest quarter (Q2 2026) against $3.9M for Escalon Medical (Q4 FY26).
Is QT Imaging Holdings or Escalon Medical growing faster?
QT Imaging Holdings is growing faster (+103% against +50% a year earlier).
Which is more profitable, QT Imaging Holdings or Escalon Medical?
Escalon Medical is more profitable, with an operating margin of 14.7% against -25.1%.
More: QT Imaging Holdings earnings · how QT Imaging Holdings makes money · Escalon Medical earnings · how Escalon Medical makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 12, 2026; 10-K filed Oct 13, 2026). Fiscal quarters can end on different dates. Not investment advice.