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Side-by-side financial comparison of QT IMAGING HOLDINGS, INC. (QTI) and SOLESENCE, INC. (SLSN). Click either name above to swap in a different company.
SOLESENCE, INC. is the larger business by last-quarter revenue ($12.5M vs $8.3M, roughly 1.5× QT IMAGING HOLDINGS, INC.). SOLESENCE, INC. runs the higher net margin — 1.3% vs -16.8%, a 18.1% gap on every dollar of revenue. On growth, QT IMAGING HOLDINGS, INC. posted the faster year-over-year revenue change (877.2% vs -0.7%).
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 SLSN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $8.3M | $12.5M |
| Net Profit | $-1.4M | $163.0K |
| Gross Margin | 38.0% | 27.5% |
| Operating Margin | -8.5% | 1.5% |
| Net Margin | -16.8% | 1.3% |
| Revenue YoY | 877.2% | -0.7% |
| Net Profit YoY | 60.2% | 129.2% |
| EPS (diluted) | $-1.00 | $0.00 |
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.
| Q4 25 | $8.3M | $12.5M | ||
| Q3 25 | $4.2M | $14.6M | ||
| Q2 25 | $3.7M | $20.4M | ||
| Q1 25 | $2.8M | $14.6M | ||
| Q4 24 | — | $12.6M | ||
| Q3 24 | — | $16.9M | ||
| Q2 24 | $1.7M | $13.0M | ||
| Q1 24 | $1.4M | $9.9M |
| Q4 25 | $-1.4M | $163.0K | ||
| Q3 25 | $-4.6M | $-1.1M | ||
| Q2 25 | $-4.0M | $2.7M | ||
| Q1 25 | $-11.1M | $80.0K | ||
| Q4 24 | — | $-559.0K | ||
| Q3 24 | — | $3.0M | ||
| Q2 24 | $-1.2M | $856.0K | ||
| Q1 24 | $-628.6K | $893.0K |
| Q4 25 | 38.0% | 27.5% | ||
| Q3 25 | 43.0% | 23.1% | ||
| Q2 25 | 49.9% | 28.9% | ||
| Q1 25 | 64.7% | 23.1% | ||
| Q4 24 | — | 22.0% | ||
| Q3 24 | — | 36.2% | ||
| Q2 24 | 51.0% | 28.7% | ||
| Q1 24 | 55.8% | 36.3% |
| Q4 25 | -8.5% | 1.5% | ||
| Q3 25 | -39.4% | -5.4% | ||
| Q2 25 | -28.5% | 9.4% | ||
| Q1 25 | -37.2% | 1.8% | ||
| Q4 24 | — | -1.8% | ||
| Q3 24 | — | 19.0% | ||
| Q2 24 | -129.5% | 8.0% | ||
| Q1 24 | -409.5% | 11.3% |
| Q4 25 | -16.8% | 1.3% | ||
| Q3 25 | -108.7% | -7.7% | ||
| Q2 25 | -109.3% | 13.1% | ||
| Q1 25 | -397.9% | 0.5% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | — | 18.1% | ||
| Q2 24 | -72.9% | 6.6% | ||
| Q1 24 | -46.1% | 9.0% |
| Q4 25 | $-1.00 | $0.00 | ||
| Q3 25 | $-0.47 | $-0.02 | ||
| Q2 25 | $-0.14 | $0.04 | ||
| Q1 25 | $-0.40 | $0.00 | ||
| Q4 24 | — | $0.00 | ||
| Q3 24 | — | $0.04 | ||
| Q2 24 | $-0.30 | $0.01 | ||
| Q1 24 | $-0.05 | $0.02 |
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 | $1.3M |
| Total DebtLower is stronger | $10.1M | — |
| Stockholders' EquityBook value | $6.4M | $17.6M |
| Total Assets | $23.0M | $50.1M |
| Debt / EquityLower = less leverage | 1.57× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.4M | $1.3M | ||
| Q3 25 | — | $429.0K | ||
| Q2 25 | — | $4.1M | ||
| Q1 25 | — | $1.8M | ||
| Q4 24 | — | $1.4M | ||
| Q3 24 | — | $2.9M | ||
| Q2 24 | — | $2.4M | ||
| Q1 24 | — | $2.0M |
| Q4 25 | $10.1M | — | ||
| Q3 25 | $15.1M | — | ||
| Q2 25 | $10.1M | — | ||
| Q1 25 | $10.2M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $11.7M | — | ||
| Q1 24 | $11.7M | — |
| Q4 25 | $6.4M | $17.6M | ||
| Q3 25 | $-9.1M | $17.2M | ||
| Q2 25 | $-324.3K | $18.2M | ||
| Q1 25 | $-20.2M | $15.2M | ||
| Q4 24 | — | $14.9M | ||
| Q3 24 | — | $15.2M | ||
| Q2 24 | $-6.2M | $11.9M | ||
| Q1 24 | $-4.9M | $5.0M |
| Q4 25 | $23.0M | $50.1M | ||
| Q3 25 | $12.1M | $54.0M | ||
| Q2 25 | $11.6M | $60.0M | ||
| Q1 25 | $10.9M | $57.0M | ||
| Q4 24 | — | $50.0M | ||
| Q3 24 | — | $48.0M | ||
| Q2 24 | $10.8M | $40.8M | ||
| Q1 24 | $12.9M | $38.5M |
| Q4 25 | 1.57× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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 | $1.8M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 11.16× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.1M | $1.8M | ||
| Q3 25 | $-878.8K | $-2.5M | ||
| Q2 25 | $-1.4M | $-654.0K | ||
| Q1 25 | $-3.5M | $-7.2M | ||
| Q4 24 | — | $2.2M | ||
| Q3 24 | — | $4.2M | ||
| Q2 24 | $-979.6K | $-565.0K | ||
| Q1 24 | $-6.0M | $-3.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-404.0K | ||
| Q3 24 | — | $2.8M | ||
| Q2 24 | — | $-1.0M | ||
| Q1 24 | — | $-3.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | — | 16.6% | ||
| Q2 24 | — | -8.0% | ||
| Q1 24 | — | -39.9% |
| Q4 25 | — | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 20.6% | ||
| Q3 24 | — | 8.3% | ||
| Q2 24 | — | 3.7% | ||
| Q1 24 | — | 0.9% |
| Q4 25 | — | 11.16× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.25× | ||
| Q1 25 | — | -90.26× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.38× | ||
| Q2 24 | — | -0.66× | ||
| Q1 24 | — | -4.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.