QT Imaging (NASDAQ:QTI) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Posted by Brenda Bartman on Aug 12th, 2026

QT Imaging (NASDAQ:QTI – Get Free Report) released its earnings results on Wednesday. The company reported ($0.19) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.03, Zacks reports. QT Imaging had a negative return on equity of 4,220.38% and a negative net margin of 58.93%.

Here are the key takeaways from QT Imaging’s conference call:

Second-quarter revenue more than doubled year over year to $7.4 million, driven by 15 scanner shipments versus eight in the prior-year period. First-half revenue reached $14 million on 28 shipments, and management reaffirmed approximately $39 million in 2026 revenue guidance.
QT Imaging expanded its commercial and international infrastructure, adding U.S. regional sales leadership and securing regulatory authorization in Saudi Arabia and Israel. The company expects to ship another 15 scanners in the third quarter and 17 in the fourth quarter, primarily through NXC Imaging.
The company highlighted clinical and reimbursement progress, including a dedicated Category III CPT code effective January 1, 2027, a study at Mayo Clinic involving more than 100 patients, and evidence showing less than 1% variability in speed-of-sound measurements across scanners.
Gross margin declined to 41% from 50% a year earlier, while operating expenses increased to $4.9 million. The net loss widened to $11.1 million, including an $8.3 million non-cash loss tied to the company’s debt amendment; the amended loan also carries a higher interest rate of 12% versus 10%.
Management acknowledged that scanner deployment and customer utilization are progressing more slowly than desired, requiring the company to spend the next several months helping NXC Imaging place scanners with customers. Second-half operating expenses are expected to rise modestly due to sales hiring and clinical-study costs.

QT Imaging Price Performance

Shares of QTI stock traded up $0.12 during mid-day trading on Wednesday, reaching $3.01. The company’s stock had a trading volume of 61,872 shares, compared to its average volume of 43,948. The firm’s 50-day moving average is $3.46 and its two-hundred day moving average is $5.15. The company has a market cap of $41.44 million, a P/E ratio of -2.43 and a beta of -0.01. QT Imaging has a 1-year low of $1.82 and a 1-year high of $8.50. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.69 and a current ratio of 2.49.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on QTI shares. Weiss Ratings restated a “sell (e+)” rating on shares of QT Imaging in a research note on Friday, July 10th. Wall Street Zen raised QT Imaging to a “hold” rating in a research report on Saturday, May 16th. Finally, Zacks Research raised QT Imaging from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

View Our Latest Report on QT Imaging

About QT Imaging

(Get Free Report)

QT Imaging Ltd. (NASDAQ: QTI) is a medical technology company specializing in the development and commercialization of advanced ultrasound imaging solutions. The company focuses on real-time volumetric imaging systems designed to enhance diagnostic capabilities in obstetrics, gynecology and other clinical applications. QT Imaging’s flagship Q.VIEW® system and associated software suite enable practitioners to capture, analyze and visualize high-resolution 3D/4D ultrasound images, offering improved workflow efficiency and enhanced patient care.

QT Imaging’s product portfolio includes proprietary transducers, imaging consoles and software platforms that can be integrated with existing ultrasound scanners from leading original equipment manufacturers.