What is QT Imaging Holdings, Inc.'s R&D?

QT Imaging Holdings, Inc. (QTI) reported R&D of $1.72M in Q1 2026.

How has QT Imaging Holdings, Inc.'s R&D changed year-over-year?

QT Imaging Holdings, Inc.'s R&D increased by 102.3% year-over-year, from $852K to $1.72M.

What is the long-term trend for QT Imaging Holdings, Inc.'s R&D?

Over 2 years (2023 to 2025), QT Imaging Holdings, Inc.'s R&D has grown at a 62.8% compound annual growth rate (CAGR), from $1.49M to $3.94M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

QT Imaging Holdings, Inc. QTI R&D

R&D at other companies

GE HealthCare TechnologiesGEHC

$345M+0.3%

Varex Imaging CorporationVREX

$22.2M+0.9%

Butterfly NetworkBFLY

$9.54M-3.9%

iRadimedIRMD

$956K+53.2%

Lantheus HoldingsLNTH

$39.38M+8.4%

Teledyne TechnologiesTDY

$84.6M+13.9%

Other financials

Income statement

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Revenue$6.5M+133%

Gross profit$2.7M+47.5%

Operating income-$2.3M-125%

Net income-$3.4M+69.4%

EPS (diluted)-$0.25+79.3%

Balance sheet

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Cash & equivalents$6.9M+131%

Total debt$10.6M-4.4%

Total equity$3.8M+119%

Total assets$22.0M+103%

Cash flow

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Operating cash flow-$3.7M-3.3%

CapEx$17.0K—

Free cash flow-$3.7M-3.8%

Valuation

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Market cap$53.9M-18.4%

Enterprise value$57.65M-4.7%

P/S2.4×-1.1×

Profitability

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Gross margin41.7%-16.8pp

Operating margin-25.4%-11.2pp

Net margin-58.9%-26.4pp

FCF margin-40.7%—

Returns & leverage

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Return on equity162.8%—

Debt / equity2.8×—

Current ratio2.5×+0.6×

Where this comes from

Reported directly by QT Imaging Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: QT Imaging Holdings, Inc.’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is QT Imaging Holdings, Inc.'s R&D?: QT Imaging Holdings, Inc. (QTI) reported R&D of $1.72M in Q1 2026.
How has QT Imaging Holdings, Inc.'s R&D changed year-over-year?: QT Imaging Holdings, Inc.'s R&D increased by 102.3% year-over-year, from $852K to $1.72M.
What is the long-term trend for QT Imaging Holdings, Inc.'s R&D?: Over 2 years (2023 to 2025), QT Imaging Holdings, Inc.'s R&D has grown at a 62.8% compound annual growth rate (CAGR), from $1.49M to $3.94M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.