Qt Imaging Holdings (QTI) Cost of Revenue (2023 - 2026)
Qt Imaging Holdings (QTI) posted quarterly Cost of Revenue of $3.9 million for Q1 2026, up 291.28% year-over-year from $986000.0 in Q1 2025, and down 24.83% quarter-over-quarter from $5.1 million in Q4 2025.
Qt Imaging Holdings (QTI) Cost of Revenue (2023 - 2026) Analysis & Trends
Qt Imaging Holdings (QTI) has reported Cost of Revenue for 4 consecutive years, with $3.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 291.28% year-over-year to $3.9 million; the TTM figure through Mar 2026 stood at $13.2 million (up 403.73% YoY), while the FY2025 annual figure was $10.3 million, up 361.86% from the prior year.
- Cost of Revenue retreated to $3.9 million in Q1 2026 per QTI's latest filing, from $5.1 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $5.1 million in Q4 2025 and bottomed at $3121.0 in Q2 2023.
- Historically, Cost of Revenue has averaged $1.3 million across 4 years, with a median of $602083.0 in 2024.
- Annual changes were most pronounced in 2024 — Cost of Revenue jumped 26797.92% — and 2025, when it jumped 63.76%.
- Qt Imaging Holdings' Cost of Revenue stood at $61491.0 in 2023, then surged by 626.56% to $446766.0 in 2024, then surged by 1048.85% to $5.1 million in 2025, then decreased by 24.83% to $3.9 million in 2026.
- Business Quant data shows QTI's Cost of Revenue at $3.9 million in Q1 2026, $5.1 million in Q4 2025, and $2.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.50 Bn | 194.89 Bn | 7.27 Bn | 5.33 Bn |
| 2 | Stryker | 130.00 Bn | 126.52 Bn | 4.50 Bn | 2.09 Bn |
| 3 | Medtronic | 120.36 Bn | 111.14 Bn | 6.41 Bn | 3.40 Bn |
| 4 | Boston Scientific | 74.19 Bn | 73.65 Bn | 3.85 Bn | 1.59 Bn |
| 5 | Edwards Lifesciences | 52.73 Bn | 48.48 Bn | 1.35 Bn | 392.40 Mn |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | 478.40 Mn |
| 7 | GE HealthCare Technologies | 34.13 Bn | 32.02 Bn | 2.18 Bn | 2.25 Bn |
| 8 | Koninklijke Philips | 26.52 Bn | 23.20 Bn | 4.55 Bn | 2.57 Bn |
| 9 | Steris | 23.23 Bn | 22.75 Bn | 684.20 Mn | 808.60 Mn |
| 10 | Qt Imaging Holdings | 42.71 Mn | 31.79 Mn | 3.06 Mn | 4.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.38 Mn |
| Jun 30, 2026 | 4.38 Mn |
| Mar 31, 2026 | 3.86 Mn |
| Mar 31, 2026 | 3.86 Mn |
| Dec 31, 2025 | 5.13 Mn |
| Dec 31, 2025 | 5.13 Mn |
| Sep 30, 2025 | 2.39 Mn |
| Sep 30, 2025 | 2.39 Mn |
| Jun 30, 2025 | 1.83 Mn |
| Jun 30, 2025 | 1.83 Mn |
| Mar 31, 2025 | 986,000.00 |
| Mar 31, 2025 | 986,000.00 |
| Dec 31, 2024 | 446,766.00 |
| Dec 31, 2024 | 446,766.00 |
| Sep 30, 2024 | 350,667.00 |
| Sep 30, 2024 | 350,667.00 |
| Jun 30, 2024 | 839,484.00 |
| Jun 30, 2024 | 839,484.00 |
| Mar 31, 2024 | 602,083.00 |
| Mar 31, 2024 | 602,083.00 |