Company Reports Q4 Revenue of $8.28M
Reports preliminary Q4 revenue $8.28M vs. $847,000 last year. "Q4 marked a pivotal moment for the Company with record quarterly revenue driven by a record number of scanners shipped, and strong execution across our commercial and product initiatives," said Raluca Dinu, CEO. "Exceeding our 2025 revenue outlook and successfully relisting on Nasdaq in under a year underscore the strength of our team, the resilience of our strategy and growing patient awareness and demand for our breast imaging alternative. As we continue our transition from a traditional scanner company to a SaaS and biomarker-driven medical imaging platform, we believe we are building a scalable, data centric business positioned for long-term growth."
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- Significant Revenue Growth: In Q4 2025, QT Imaging achieved record revenue of $8.3 million, representing a 97% increase from Q3 2025 and an impressive 877% year-over-year growth, highlighting strong market demand and execution in the medical imaging sector.
- Record Shipment Volume: The company shipped 17 QT Breast Acoustic CT™ scanners in Q4 2025, totaling 40 units for the year, a substantial increase from 12 units shipped in 2024, indicating enhanced market acceptance and sales capability of its products.
- Successful Nasdaq Relisting: QT Imaging successfully relisted on Nasdaq in less than a year after leaving the OTCQB market, demonstrating compliance in financial and corporate governance, which boosts investor confidence and enhances market visibility.
- Strategic Collaboration Expansion: The company entered into a strategic partnership with Intelerad Medical Systems, facilitating seamless integration of QT Imaging's cloud SaaS platform with Intelerad's secure cloud platform, further strengthening its competitive position in medical imaging solutions.
- Significant Revenue Growth: QT Imaging reported a revenue of $18.9 million for 2025, exceeding the company's guidance of $18 million and representing a remarkable 288% increase compared to 2024, indicating strong market performance and growth potential.
- Decline in Gross Margin: The gross margin for 2025 was 45%, down from 54% in 2024, primarily due to higher costs associated with two scanners built by a contract manufacturing partner, including tariffs and fees, which may impact future profitability.
- Improvement in Operating Expenses: Total operating expenses for 2025 were $13.0 million, a 12% improvement from $14.8 million in 2024, largely due to a $3.6 million decrease in professional fees, showcasing effective cost control measures by the company.
- Widening Net Loss: The net loss for 2025 was $21.1 million, significantly higher than the $9.0 million loss in 2024, primarily driven by non-cash expenses and increases in fair value liabilities, reflecting challenges in financial management.
- Record Quarterly Revenue: QT Imaging achieved a record revenue of $8.275 million in Q4 2025, significantly up from $847,000 in the same quarter last year, indicating strong market demand and execution in breast health management.
- Annual Performance Exceeds Expectations: The company reported total revenue of $18.925 million for the full year 2025, surpassing its projections and reflecting a successful transition from a traditional scanner company to a SaaS and biomarker-driven medical imaging platform.
- 2026 Sales Outlook: QT Imaging anticipates approximately $39 million in revenue for 2026, including scanner shipments and initial SaaS Cloud Platform revenue, highlighting the strategic partnership with NXC Imaging and its potential to drive future growth.
- Investor Call Announcement: The company plans to hold an investment community conference call on March 23, 2026, following the filing of its Form 10-K for 2025, enhancing communication with investors and showcasing its future growth strategy and financial transparency.
Company Overview: QTIMAG Holdings is a company that is projecting significant revenue growth in the coming years.
Revenue Expectations: The company expects its revenue to reach approximately $39 million by the year 2026.
- Q4 Pre-Tax Profit: Q4 pre-tax profit for QIMA Holdings is reported at $1.391 million.
- Financial Performance: The financial results indicate a specific performance metric for the company during the fourth quarter.









