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Side-by-side financial comparison of Linde plc (LIN) and QT IMAGING HOLDINGS, INC. (QTI). Click either name above to swap in a different company.

Linde plc is the larger business by last-quarter revenue ($8.8M vs $8.3M, roughly 1.1× QT IMAGING HOLDINGS, INC.). On growth, QT IMAGING HOLDINGS, INC. posted the faster year-over-year revenue change (877.2% vs 8.2%).

Linde is a global multinational chemical company and the world's largest industrial gas supplier by market share and revenue. Founded by German scientist and engineer Carl von Linde in 1879 in Wiesbaden, Germany, the company is now headquartered in Woking, United Kingdom, and registered in Ireland as Linde plc. Linde plc was formed in 2018 through the merger of Linde AG and Praxair, which was founded in 1907 in the United States as Linde Air Products Company.

QT Imaging Holdings, Inc. is a medical technology company that designs, manufactures and commercializes non-invasive medical imaging systems primarily for breast health diagnostics. It serves healthcare providers, clinics and medical institutions across key markets including North America, Europe and Asia-Pacific, focusing on improving the accuracy and accessibility of diagnostic imaging for patients.

LIN vs QTI — Head-to-Head

Bigger by revenue
LIN
LIN
1.1× larger
LIN
$8.8M
$8.3M
QTI
Growing faster (revenue YoY)
QTI
QTI
+868.9% gap
QTI
877.2%
8.2%
LIN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LIN
LIN
QTI
QTI
Revenue
$8.8M
$8.3M
Net Profit
$-1.4M
Gross Margin
48.5%
38.0%
Operating Margin
27.8%
-8.5%
Net Margin
-16.8%
Revenue YoY
8.2%
877.2%
Net Profit YoY
60.2%
EPS (diluted)
$3.98
$-1.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LIN
LIN
QTI
QTI
Q1 26
$8.8M
Q4 25
$8.8B
$8.3M
Q3 25
$8.6B
$4.2M
Q2 25
$8.5B
$3.7M
Q1 25
$8.1B
$2.8M
Q4 24
$8.3B
Q3 24
$8.4B
Q2 24
$8.3B
$1.7M
Net Profit
LIN
LIN
QTI
QTI
Q1 26
Q4 25
$1.5B
$-1.4M
Q3 25
$1.9B
$-4.6M
Q2 25
$1.8B
$-4.0M
Q1 25
$1.7B
$-11.1M
Q4 24
$1.7B
Q3 24
$1.6B
Q2 24
$1.7B
$-1.2M
Gross Margin
LIN
LIN
QTI
QTI
Q1 26
48.5%
Q4 25
38.0%
Q3 25
43.0%
Q2 25
49.9%
Q1 25
64.7%
Q4 24
Q3 24
Q2 24
51.0%
Operating Margin
LIN
LIN
QTI
QTI
Q1 26
27.8%
Q4 25
23.0%
-8.5%
Q3 25
27.5%
-39.4%
Q2 25
27.7%
-28.5%
Q1 25
26.9%
-37.2%
Q4 24
27.4%
Q3 24
25.0%
Q2 24
26.4%
-129.5%
Net Margin
LIN
LIN
QTI
QTI
Q1 26
Q4 25
17.5%
-16.8%
Q3 25
22.4%
-108.7%
Q2 25
20.8%
-109.3%
Q1 25
20.6%
-397.9%
Q4 24
20.8%
Q3 24
18.5%
Q2 24
20.1%
-72.9%
EPS (diluted)
LIN
LIN
QTI
QTI
Q1 26
$3.98
Q4 25
$3.28
$-1.00
Q3 25
$4.09
$-0.47
Q2 25
$3.73
$-0.14
Q1 25
$3.51
$-0.40
Q4 24
$3.61
Q3 24
$3.22
Q2 24
$3.44
$-0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LIN
LIN
QTI
QTI
Cash + ST InvestmentsLiquidity on hand
$4.0M
$10.4M
Total DebtLower is stronger
$24.7M
$10.1M
Stockholders' EquityBook value
$40.1M
$6.4M
Total Assets
$86.3M
$23.0M
Debt / EquityLower = less leverage
0.62×
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LIN
LIN
QTI
QTI
Q1 26
$4.0M
Q4 25
$5.1B
$10.4M
Q3 25
$4.5B
Q2 25
$4.8B
Q1 25
$5.3B
Q4 24
$4.8B
Q3 24
$5.2B
Q2 24
$4.6B
Total Debt
LIN
LIN
QTI
QTI
Q1 26
$24.7M
Q4 25
$20.7B
$10.1M
Q3 25
$18.6B
$15.1M
Q2 25
$19.7B
$10.1M
Q1 25
$17.6B
$10.2M
Q4 24
$15.3B
Q3 24
$17.5B
Q2 24
$16.9B
$11.7M
Stockholders' Equity
LIN
LIN
QTI
QTI
Q1 26
$40.1M
Q4 25
$38.2B
$6.4M
Q3 25
$38.6B
$-9.1M
Q2 25
$38.5B
$-324.3K
Q1 25
$38.0B
$-20.2M
Q4 24
$38.1B
Q3 24
$39.2B
Q2 24
$38.2B
$-6.2M
Total Assets
LIN
LIN
QTI
QTI
Q1 26
$86.3M
Q4 25
$86.8B
$23.0M
Q3 25
$86.0B
$12.1M
Q2 25
$86.1B
$11.6M
Q1 25
$82.7B
$10.9M
Q4 24
$80.1B
Q3 24
$82.5B
Q2 24
$80.2B
$10.8M
Debt / Equity
LIN
LIN
QTI
QTI
Q1 26
0.62×
Q4 25
0.54×
1.57×
Q3 25
0.48×
Q2 25
0.51×
Q1 25
0.46×
Q4 24
0.40×
Q3 24
0.45×
Q2 24
0.44×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LIN
LIN
QTI
QTI
Operating Cash FlowLast quarter
$-3.1M
Free Cash FlowOCF − Capex
$898.0K
FCF MarginFCF / Revenue
10.2%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$4.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LIN
LIN
QTI
QTI
Q1 26
Q4 25
$3.0B
$-3.1M
Q3 25
$2.9B
$-878.8K
Q2 25
$2.2B
$-1.4M
Q1 25
$2.2B
$-3.5M
Q4 24
$2.8B
Q3 24
$2.7B
Q2 24
$1.9B
$-979.6K
Free Cash Flow
LIN
LIN
QTI
QTI
Q1 26
$898.0K
Q4 25
$1.6B
Q3 25
$1.7B
Q2 25
$954.0M
Q1 25
$891.0M
Q4 24
$1.6B
Q3 24
$1.7B
Q2 24
$796.0M
FCF Margin
LIN
LIN
QTI
QTI
Q1 26
10.2%
Q4 25
17.9%
Q3 25
19.4%
Q2 25
11.2%
Q1 25
11.0%
Q4 24
18.8%
Q3 24
19.9%
Q2 24
9.6%
Capex Intensity
LIN
LIN
QTI
QTI
Q1 26
Q4 25
16.6%
Q3 25
14.8%
0.0%
Q2 25
14.8%
Q1 25
15.7%
Q4 24
15.1%
Q3 24
12.8%
Q2 24
13.7%
Cash Conversion
LIN
LIN
QTI
QTI
Q1 26
Q4 25
1.98×
Q3 25
1.53×
Q2 25
1.25×
Q1 25
1.29×
Q4 24
1.63×
Q3 24
1.76×
Q2 24
1.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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