QT Imaging at IAccess Alpha conference: growth, reimbursement push
QT Imaging Holdings, Inc. (QTI) recently presented its growth story at the IAccess Alpha Virtual Best Ideas Fall Investment Conference 2026, focusing on its Breast Acoustic CT platform. The company reported a significant revenue increase from $4.9 million in 2024 to $18.9 million in 2025, with $14 million in the first half of 2026 and a full-year 2026 guidance of about $39 million.
QT Imaging expects a Category III CPT code to take effect on January 1, 2027, which will help standardize billing and support broader payer reimbursement. The company has shifted from a hardware-led model to a platform model, incorporating cloud software and AI tools beginning in 2027. QT Imaging has imaged over 12,000 women in real-world use and is building clinical evidence through studies at Mayo Clinic and Odette Cancer Centre.
The company strengthened its balance sheet with a $10 million offering and a loan maturity extension to March 31, 2029. QT Imaging shipped 28 scanners in the first half of 2026, double the prior-year period, and gross margins have remained around 45%, with a current market capitalization of $38 million.
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