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QT Imaging Holdings, Inc. (QTI)

USD3.63 +0.01 (+0.14%)
US NASDAQ Healthcare Medical - Devices
Address Three Hamilton Landing 94949
Novato, US
CEO Raluca Dinu
IPO 2024-03-05
CIK 1844505 ISIN US7469623075

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Also trades on NASDAQ Global Market · QTI (USD) New York Stock Exchange · GIA (USD) New York Stock Exchange · GIA-UN (USD) New York Stock Exchange · GIA-WT (USD)
Description

QT Imaging Holdings, Inc. is dedicated to the research, development, and manufacturing of advanced automated systems for breast imaging. These innovative devices are engineered to generate high-resolution ultrasound images utilizing transmission technology. The company's core product, the QT Ultrasound Breast Scanner, offers comprehensive reflection-mode and transmission-mode visualization of a patient's breast tissue. Established in 2011, QT Imaging Holdings, Inc. maintains its headquarters in Novato, California.

News Sentiment (7d)
Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD3.63 +0.01 (+0.14%)
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Volume Profile
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Liquidity & share structure
Average Volume
50.7K
Beta
-0.08
Float Shares
17.98M
Free Float %
66.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-16.73% -10.99% -7.74% +12.66% +5.16% +3.61% +680.25% +368.15% +368.15% +368.15% +368.15%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
3.63
Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 2 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.98
Grey zone
Piotroski F-Score
4 / 9
Average
MOAT Score
0 / 10
No MOAT
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Medical - Devices: +11.2%
    +287.9% Q1'26: +133.3% (vs Q1'25)
  • EPS growth Medical - Devices: +28.5%
    -183.1% Q1'26: +37.5% (vs Q1'25)
  • FCF margin FCF growth · Medical - Devices: +30.9%
    -58.4% Q1'26: -56.2% (vs Q1'25)
  • EBIT margin Medical - Devices: +6.2%
    -23.5% Q1'26: +0.0% (vs Q1'25)
  • ROIC Medical - Devices: +3.3%
    -361.6% Q1'26: +0.0% (vs Q1'25)
  • Share dilution Medical - Devices: 0.0%
    -47.6% Q1'26: -49.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Medical - Devices: -0.35×
    -1.18× Q1'26: -0.62× (vs Q1'25)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.01) × ERP
WACC = 93% × Ke + 7% × Kd (50.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 3.63
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2025
actual
Dec 2026
2 Rev. Ana.
1 EPS Ana.
Dec 2027
2 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
18.93M
est: 18.35M (+3.1%)
38.65M
38.20M – 39.10M
+110.6% YoY
62.10M
54.90M – 69.30M
+60.7% YoY
74.43M
68.78M – 80.08M
+19.9% YoY
EBITDA
-4.44M
est: -7.74M (+42.7%)
-16.31M
-16.50M – -16.12M
-110.6% YoY
-26.21M
-29.25M – -23.17M
-60.7% YoY
-31.41M
-33.80M – -29.03M
-19.9% YoY
EBIT
-4.44M
est: -7.92M (+44.0%)
-16.68M
-16.87M – -16.48M
-110.6% YoY
-26.80M
-29.90M – -23.69M
-60.7% YoY
-32.12M
-34.55M – -29.68M
-19.9% YoY
Net Income
-21.08M
est: -16.92M (-24.6%)
-1.15M
-1.27M – -1.04M
+93.2% YoY
3.35M
3.02M – 3.68M
+390.9% YoY
6.08M
5.48M – 6.68M
+81.3% YoY
SGA
9.09M
est: 375.95M (-97.6%)
791.86M
782.64M – 801.08M
+110.6% YoY
1.27B
1.12B – 1.42B
+60.7% YoY
1.52B
1.41B – 1.64B
+19.9% YoY
EPS
-2.01
est: -1.62 (-24.5%)
-0.11
-0.12 – -0.10
+93.2% YoY
0.32
0.29 – 0.35
+390.9% YoY
0.58
0.52 – 0.64
+81.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-13 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-01 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-5.82M
OE per share TTM
-0.37
Owner's Yield
-6.67%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
20.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
20
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Dr. Avi S. Katz 6.00M 28.00% 53.2K 6.00M 53.2K 11.00 IN 2024-07-03
2 GigAcquisitions5, LLC 6.00M 28.00% 5.95M 11.00 PN 2024-07-03
3 John C. Klock, Jr. 2.88M 13.40% 2.88M 2.88M PN 2024-03-18
4 Cynthia Paul 1.92M 9.00% 1.92M 1.92M HC, IN Delaware 2024-11-14
5 Lynrock Lake LP 1.92M 9.00% 1.92M 1.92M IA, PN Delaware 2024-11-14
6 Lynrock Lake Partners LLC 1.92M 9.00% 1.92M 1.92M HC, OO Delaware 2024-11-14
7 Highbridge Capital Management, LLC 1.60M 5.43% 1.60M IA, OO State of Delaware 2021-12-23
8 Notes). 1.60M 5.42% 1.60M 1.60M IA DELAWARE 2022-02-11
9 D. E. Shaw & Co., L.L.C 1.56M 5.30% 1.56M OO Delaware 2022-02-22
10 D. E. Shaw & Co., L.P. 1.56M 5.30% 1.56M IA, PN Delaware 2022-02-22
11 David E. Shaw 1.56M 5.30% 1.56M IN United States 2022-02-22
12 D. E. Shaw Valence Portfolios, L.L.C. 1.56M 5.30% 1.56M OO Delaware 2022-02-22
13 Polar Asset Management Partners Inc. 1.55M 14.66% 1.55M 1.55M IA Ontario, Canada 2023-02-10
14 Israel A. Englander 1.48M 5.00% 1.48M 1.48M IN 2022-07-06
15 Millennium Group Management LLC 1.48M 5.00% 1.48M 1.48M OO 2022-07-06
16 Millennium Management LLC 1.48M 5.00% 1.48M 1.48M OO 2022-07-06
17 Meteora Capital, LLC 832.8K 9.62% 832.8K IA Delaware 2024-02-14
18 Vik Mittal 832.8K 9.62% 832.8K IN United States 2024-02-14
19 Shaolin Capital Management LLC 354.9K 7.36% 354.9K 354.9K IA Miami 2023-02-14
20 Space Summit Capital LLC 0.00% IA 2022-02-02

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 12 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares Micro-Cap ETF IWC 0.01% 113.8K 0.60%
2 Vanguard Extended Market ETF VXF 0.00% 506.9K 0.05%
3 Vanguard U.S. Total Market Shares Index ETF VTS.AX 0.00% 2.6K 0.03%
4 Vanguard U.S. Total Market Index ETF VUN.TO 0.00% 7.2K 0.17%
5 Vanguard U.S. Total Market Index ETF (CAD-hedged) VUS.TO 0.00% 529.79 0.17%
6 Vanguard Total Stock Market ETF VTI 0.00% 1.23M 0.03%
7 Vanguard All-Equity ETF Portfolio VEQT.TO 0.00% 2.7K 0.22%
8 Vanguard Growth ETF Portfolio VGRO.TO 0.00% 1.5K 0.22%
9 Vanguard Balanced ETF Portfolio VBAL.TO 0.00% 590.71 0.22%
10 Vanguard Conservative ETF Portfolio VCNS.TO 0.00% 65.14 0.22%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
4
Sells
0
Shares acquired
2.35M
Shares disposed
Cash buys
4.00
Cash sales
Net activity
+2,354,787
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-03-20 Weiner Zeev Director A-Award A Common Stock 3,500 0.00 55,093 D
2026-03-20 Taylor Ross Director A-Award A Common Stock 3,500 0.00 60,578 D
2026-03-20 Katz Avi S Director / Officer A-Award A Common Stock 3,500 0.00 416,952 D
2026-03-20 KLOCK JOHN C JR Director / 10% Owner A-Award A Common Stock 3,500 0.00 3,500 D
2026-03-20 Jennings Jay Walter Officer A-Award A Common Stock 2,800 0.00 2,800 D
2026-03-20 GREENE JAMES S Director A-Award A Common Stock 3,500 0.00 3,500 D
2026-03-20 Dinu Raluca Director / Officer A-Award A Common Stock 3,500 0.00 392,845 D
2026-03-20 DICKSON DANIEL H Director A-Award A Common Stock 3,500 0.00 32,039 D
2026-03-17 Weiner Zeev Director M-Exempt D Stock Option (right to buy) 14,166 2.00 28.3K 0 D
2025-08-11 KLOCK JOHN C JR Director / 10% Owner A-Award A Stock Option (right to buy) 25,000 1.90 47.5K 25,000 D
2025-04-09 Katz Avi S Director / Officer P-Purchase A Common Stock 392,464 0.64 250.0K 1,168,035 D
2025-04-09 Dinu Raluca Director / Officer P-Purchase A Common Stock 392,465 0.64 250.0K 1,168,035 D
2025-03-21 Katz Avi S Director / Officer P-Purchase D Common Stock 2,671,232 0.58 1.56M 0 I
2025-03-21 Dinu Raluca Director / Officer P-Purchase A Subscription Warrants (right to buy) 75,435 0.67 50.7K 546,325 D
2024-11-12 Weiner Zeev Director P-Purchase A Common Stock 85,616 0.58 50.0K 85,616 D
2024-11-12 Taylor Ross Director P-Purchase A Subscription Warrant (right to buy) 171,232 0.67 115.1K 171,232 D
2024-11-12 Katz Avi S Director / Officer P-Purchase A Subscription Warrants (right to buy) 470,890 0.67 316.4K 470,890 D
2024-11-12 GREENE JAMES S Director P-Purchase A Subscription Warrant (right to buy) 428,082 0.67 287.7K 428,082 I
2024-11-12 Dinu Raluca Director / Officer P-Purchase A Subscription Warrants (right to buy) 470,890 0.67 316.4K 470,890 D
2024-11-12 DICKSON DANIEL H Director P-Purchase A Common Stock 85,616 0.58 50.0K 85,616 D
2024-09-04 Katz Avi S Director / Officer J-Other A Common Stock 161,954 0.00 187,070
2024-09-04 Dinu Raluca Director / Officer J-Other A Common Stock 161,954 0.00 187,069
2024-07-05 Katz Avi S Director / Officer / 10% Owner J-Other D Private Warrants 105,773 2.30 243.3K 0
2024-07-03 Weiner Zeev Director A-Award A Stock Option (right to buy) 40,000 0.75 29.9K 40,000
2024-07-03 Taylor Ross Director A-Award A Stock Option (right to buy) 40,000 0.75 29.9K 40,000
2024-07-03 Katz Avi S Director / Officer / 10% Owner A-Award A Stock Option (right to buy) 40,000 0.75 29.9K 40,000
2024-07-03 KLOCK JOHN C JR Director / 10% Owner A-Award A Stock Option (right to buy) 40,000 0.75 29.9K 40,000
2024-07-03 GREENE JAMES S Director A-Award A Stock Option (right to buy) 40,000 0.75 29.9K 40,000
2024-07-03 Dinu Raluca Director / Officer A-Award A Employee Stock Option (right to buy) 550,000 0.75 411.4K 550,000
2024-07-03 Dickson Daniel Director A-Award A Stock Option (right to buy) 40,000 0.75 29.9K 40,000
2024-07-03 Budagov Stas Officer A-Award A Employee Stock Option (right to buy) 325,000 0.75 243.1K 325,000
2024-06-27 Katz Avi S Director / Officer / 10% Owner J-Other D Private Warrants 783,591 2.30 1.80M 105,773
2024-06-27 Dinu Raluca Director / Officer J-Other D Common Stock 26,592 0.00 26,592
2024-03-21 GREENE JAMES S Director I Common Stock 0 0.00 200,000
2024-03-18 McMorrow Gerald Director 0 0.00 0
2024-03-04 Weiner Zeev Director 0 0.00 0
2024-03-04 Weightman Walter Bradford Officer 0 0.00 0
2024-03-04 Taylor Ross Director 0 0.00 0
2024-03-04 ROGGE KAREN M Director 0 0.00 0
2024-03-04 McMorrow Gerald Director A-Award A Common Stock 5,904 3.53 20.8K 5,904
2024-03-04 Katz Avi S Director / Officer / 10% Owner M-Exempt A Private Warrants 94,364 11.50 1.09M 94,364
2024-03-04 KLOCK JOHN C JR Director / Officer A-Award A Common Stock 2,881,140 3.53 10.17M 2,881,140
2024-03-04 Horowitz Raanan Director 0 0.00 0
2024-03-04 HAYES DOROTHY D Director 0 0.00 0
2024-03-04 Dickson Daniel Director 0 0.00 0
2024-03-04 Budagov Stas Officer 0 0.00 0
2023-02-04 MAKHIJA SHARMILA Director 0 0.00 0
2021-09-23 Katz Avi S Director / Officer / 10% Owner A-Award A Common Stock 795,000 10.00 7.95M 6,530,000

Executive team

Top executives
EBIT / Employee
-443.7K
Shares Outstanding
27.13M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2025-08-07 DEFA14A
2025-07-17 DEF 14A
2025-07-03 PRE 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-13 8-K
2026-05-13 10-Q
2026-05-08 SC 13G/A
2026-04-03 EFFECT
2026-03-31 EFFECT
2026-03-31 EFFECT
2026-03-31 EFFECT
2026-03-27 S-3
2026-03-25 POS AM
2026-03-25 POS AM

Executive team

NameTitleCompensationGender
Raluca Dinu Chief Executive Officer & Director 635.9K
Jay W. Jennings Chief Financial Officer 344.4K male
Bilal Malik Chief Science Officer
Satrajit Misra Chief Commercial Officer male
Steve Choate Chief Operating Officer male
Nasser C. Pirshafiey Chief Product Officer male
Elaine Iuanow Chief Medical Officer
ESG Rating
B
MEDICAL - DEVICES
Rank: 57 out of 168
2026
E (Environmental)
53.7 / 62.5
Company / Sector avg.
S (Social)
69.5 / 68.9
Company / Sector avg.
G (Governance)
68.6 / 64.8
Company / Sector avg.
ESG Total
63.9 / 65.4
Company / Sector avg.
ESG Score History MEDICAL - DEVICES
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits