QT Imaging Holdings Inc (NAS:QTI)

Q1 2026 QT Imaging Holdings Inc Earnings Call Transcript

May 13, 2026 / 08:30 PM GMT

Release Date Price: $6.32 (-16.73%)

Transcript 10-Q8-K

Key Points

Positve

QT Imaging Holdings Inc (QTI) shipped 13 QT breast-acoustic CT systems in Q1 2026, reflecting strong operational execution and growing commercial activity.
The company achieved a significant milestone with the approval of a new Category 3 CPT code by the American Medical Association, effective January 1, 2027, which is expected to enhance clinical adoption and reimbursement pathways.
FDA 510 clearance was received for enhancements to the breast acoustic CT scanner, improving visualization and imaging coverage of posterior breast tissue.
Revenue for Q1 2026 was $6.5 million, up 133% from the prior year quarter, driven by increased shipments of breast acoustic CT scanners.
The company secured international regulatory clearance in the United Arab Emirates for its QT Breath Acoustic CT scanner and QTi SAS Cloud platform, expanding its global footprint.

Negative

Gross margin for Q1 2026 decreased to 41% from 65% in Q1 2025, primarily due to higher costs associated with increased shipments.
Total operating expenses increased to $5 million in Q1 2026 from $2.9 million a year ago, driven by higher employee compensation and professional service costs.
Net loss for Q1 2026 was $3.4 million, although reduced from a net loss of $11.1 million in Q1 2025, indicating ongoing financial challenges.
The interest rate on the company's senior secured term loan was increased from 10% to 12% per annum, potentially increasing financial burden.
Regulatory approval in Saudi Arabia is still pending, which may delay market entry and revenue generation in that region.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

QTI.OQ - QT Imaging Holdings Inc
Q1 2026 QT Imaging Holdings Inc Earnings Call
May 13, 2026 / 08:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good day and welcome to Imaging Holdings First Quarter 2026 Financial Results Conference Call.

All participants will be in a listen-only mode.

Should you need assistance, please signal a conference specialist by pressing the star key followed by zero.

After today's presentation, there will be an opportunity to ask questions.

To ask a question, you may press star, then one on a touch-tone phone.

To withdraw your question, please press star, then two.

Please note this event is being recorded.

I would now like to turn the conference over to Bruce Voss. Please go ahead.

--------------------------------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.