vs
Side-by-side financial comparison of QT IMAGING HOLDINGS, INC. (QTI) and SOLAI Ltd (SLAI). Click either name above to swap in a different company.
SOLAI Ltd is the larger business by last-quarter revenue ($11.0M vs $8.3M, roughly 1.3× QT IMAGING HOLDINGS, INC.). QT IMAGING HOLDINGS, INC. runs the higher net margin — -16.8% vs -126.2%, a 109.4% gap on every dollar of revenue. On growth, QT IMAGING HOLDINGS, INC. posted the faster year-over-year revenue change (877.2% vs -43.1%).
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.
QTI vs SLAI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $8.3M | $11.0M |
| Net Profit | $-1.4M | $-13.9M |
| Gross Margin | 38.0% | 0.1% |
| Operating Margin | -8.5% | -126.2% |
| Net Margin | -16.8% | -126.2% |
| Revenue YoY | 877.2% | -43.1% |
| Net Profit YoY | 60.2% | -173.4% |
| EPS (diluted) | $-1.00 | $-0.01 |
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.
| Q4 25 | $8.3M | — | ||
| Q3 25 | $4.2M | — | ||
| Q2 25 | $3.7M | $11.0M | ||
| Q1 25 | $2.8M | — | ||
| Q2 24 | $1.7M | $19.4M | ||
| Q1 24 | $1.4M | — |
| Q4 25 | $-1.4M | — | ||
| Q3 25 | $-4.6M | — | ||
| Q2 25 | $-4.0M | $-13.9M | ||
| Q1 25 | $-11.1M | — | ||
| Q2 24 | $-1.2M | $18.9M | ||
| Q1 24 | $-628.6K | — |
| Q4 25 | 38.0% | — | ||
| Q3 25 | 43.0% | — | ||
| Q2 25 | 49.9% | 0.1% | ||
| Q1 25 | 64.7% | — | ||
| Q2 24 | 51.0% | 52.4% | ||
| Q1 24 | 55.8% | — |
| Q4 25 | -8.5% | — | ||
| Q3 25 | -39.4% | — | ||
| Q2 25 | -28.5% | -126.2% | ||
| Q1 25 | -37.2% | — | ||
| Q2 24 | -129.5% | -2.6% | ||
| Q1 24 | -409.5% | — |
| Q4 25 | -16.8% | — | ||
| Q3 25 | -108.7% | — | ||
| Q2 25 | -109.3% | -126.2% | ||
| Q1 25 | -397.9% | — | ||
| Q2 24 | -72.9% | 97.9% | ||
| Q1 24 | -46.1% | — |
| Q4 25 | $-1.00 | — | ||
| Q3 25 | $-0.47 | — | ||
| Q2 25 | $-0.14 | $-0.01 | ||
| Q1 25 | $-0.40 | — | ||
| Q2 24 | $-0.30 | $0.02 | ||
| Q1 24 | $-0.05 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.4M | $1.2M |
| Total DebtLower is stronger | $10.1M | — |
| Stockholders' EquityBook value | $6.4M | $43.8M |
| Total Assets | $23.0M | $69.1M |
| Debt / EquityLower = less leverage | 1.57× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.4M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | — | ||
| Q2 24 | — | $2.3M | ||
| Q1 24 | — | — |
| Q4 25 | $10.1M | — | ||
| Q3 25 | $15.1M | — | ||
| Q2 25 | $10.1M | — | ||
| Q1 25 | $10.2M | — | ||
| Q2 24 | $11.7M | — | ||
| Q1 24 | $11.7M | — |
| Q4 25 | $6.4M | — | ||
| Q3 25 | $-9.1M | — | ||
| Q2 25 | $-324.3K | $43.8M | ||
| Q1 25 | $-20.2M | — | ||
| Q2 24 | $-6.2M | $45.9M | ||
| Q1 24 | $-4.9M | — |
| Q4 25 | $23.0M | — | ||
| Q3 25 | $12.1M | — | ||
| Q2 25 | $11.6M | $69.1M | ||
| Q1 25 | $10.9M | — | ||
| Q2 24 | $10.8M | $63.3M | ||
| Q1 24 | $12.9M | — |
| Q4 25 | 1.57× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-3.1M | $-17.0M |
| Free Cash FlowOCF − Capex | — | $-17.0M |
| FCF MarginFCF / Revenue | — | -154.2% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.1M | — | ||
| Q3 25 | $-878.8K | — | ||
| Q2 25 | $-1.4M | $-17.0M | ||
| Q1 25 | $-3.5M | — | ||
| Q2 24 | $-979.6K | $-12.1M | ||
| Q1 24 | $-6.0M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-17.0M | ||
| Q1 25 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -154.2% | ||
| Q1 25 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q2 24 | — | -0.64× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
QTI
Segment breakdown not available.
SLAI
| Data center | $6.5M | 59% |
| Cryptocurrency mining | $4.6M | 41% |
