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StockVS

TSX · Communication Equipment · CAD

Quarterhill Inc. (QTRH.TO) Stock Analysis

Quarterhill Inc. (QTRH.TO) is a Communication Equipment stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

QTRH.TO

CA$2.78

−CA$0.01 (−0.36%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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QTRH.TO Key Statistics

As of Oct 21, 2026
Trading
Open
CA$2.80
Previous Close
CA$2.79
Day's Range
2.75–2.80
52-Week Range
0.89–3.33
Volume
94.59K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.69
Valuation
Market Cap
CA$395.32M
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
6.91
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.13
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.48
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.59
Financials (FY)
Revenue (FY)
CA$155.17M+1.22%
Net Income (FY)
−CA$54.41M
Profit marginThe share of revenue left as profit after all costs and taxes.
−31.39%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
142.20M
1-Year Return
+164.76%
Dividend and dates
Earnings Date
November 5, 2026
Avg Volume
217.95K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, QTRH.TO closed at CA$2.78, +164.76% over 1 year.

Quarterhill Inc. (QTRH.TO) has a market capitalization of CA$395.32M.

In fiscal 2025, QTRH.TO reported revenue of CA$155.17M.

QTRH.TO Stock Return by Calendar Year

Quarterhill Inc. (QTRH.TO) 10-year return: what CA$10,000 became

1 year
CA$10,000 CA$26,476
+164.76%
5 years
CA$10,000 CA$10,624
+6.24%
10 years
CA$10,000 CA$17,300
+73.00%

If you had invested CA$10,000 in Quarterhill Inc. (QTRH.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$17,300 at the close on October 21, 2026: +73.00% in total, +5.63% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+192.63%
2025−42.07%
2024−15.90%
2023+24.50%
2022−39.78%
2021+7.65%
2020+57.67%
2019+29.75%
2018−40.80%
2017+8.71%
2016 (partial year)−5.20%

As of October 21, 2026.

QTRH.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$155.17M−CA$54.41M−35.1%
2024CA$153.31M−CA$11.02M−7.2%
2023CA$143.99M−CA$46.20M−32.1%
2022CA$117.40MCA$2.04M1.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$155.17MCA$32.83M−CA$17.67M−CA$54.41M−35.1%
2024CA$153.31MCA$27.78M−CA$13.55M−CA$11.02M−7.2%
2023CA$143.99MCA$30.11M−CA$10.72M−CA$46.20M−32.1%
2022CA$117.40MCA$27.86M−CA$21.76MCA$2.04M1.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

QTRH.TO Dividend History

CA$0.01−75.0% vs 2022

Dividends per share, 2023 · 1 payments

YearDividends per sharePaymentsChange
2023CA$0.011−75.0%
2022CA$0.054+0.0%
2021CA$0.054+0.0%
2020CA$0.054+0.0%
YearDividends per sharePaymentsChange
2023CA$0.011−75.0%
2022CA$0.054+0.0%
2021CA$0.054+0.0%
2020CA$0.054+0.0%
2019CA$0.054+0.0%
2018CA$0.054+0.0%
2017CA$0.054+300.0%
2016CA$0.011—

Most recent payment: CA$0.01 per share, ex-dividend March 30, 2023. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

QTRH.TO Valuation vs Communication Equipment Median

Median of 50 stocks
MetricQTRH.TOCommunication Equipment medianvs median
P/S ratio2.482.317% above
Profit margin−31.39%−0.64%30.8 pts below

Medians across 50 Communication Equipment stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The market values Quarterhill Inc. (QTRH.TO) at CA$395.32M. The company sits in the Technology sector, in the Communication Equipment industry. Headcount on file is 417.

The most recent close on file for QTRH.TO is CA$2.78, dated October 21, 2026. That is −CA$0.01 (−0.36%) against the previous close. Over the past 52 weeks the price has ranged from CA$0.89 to CA$3.33. The latest close sits 212.36% above that 52-week low.

Financial Health

In fiscal 2025, Quarterhill Inc. reported revenue of CA$155.17M. Against the prior fiscal year total of CA$153.31M, that is a change of +1.22%. The same year closed with a net loss of CA$54.41M. Profit margin runs at −31.39%. That is 30.8 percentage points below the Communication Equipment median of −0.64%. Earnings per share on a trailing basis come to −0.59.

Across the 4 fiscal years on file, revenue moves from CA$117.40M in 2022 to CA$155.17M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. On forward earnings the ratio is 6.91. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.13. The price-to-sales ratio is 2.48. On price-to-sales that is 7.49% above the Communication Equipment median of 2.31. 50 Communication Equipment companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.69. Daily returns over the trailing 10 years annualize to a volatility of 44.39%. Over the trailing twelve months the total return is +164.76%. Across 10 years the annualized return works out at +5.63%.

Growth & Income

The latest dividend on file for QTRH.TO dates from 2023. Dividends are recorded for 8 calendar years; 2023 shows 1 payments totalling CA$0.01 a share. The year before, 2022, totalled CA$0.05 a share.

So far in 2026 the total return is +192.63%. Across the complete calendar years on file, 2020 returned +57.67% and 2025 returned −42.07%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

Quarterhill Inc. (QTRH.TO) operates in the Communication Equipment industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Quarterhill Inc. QTRH.TO CA$395.32M —
Cisco Systems, Inc. CSCO $422.88B 32.2
Motorola Solutions, Inc. MSI $77.37B 36.8
Hewlett Packard Enterprise Company HPE $77.22B 30.0

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Communication Equipment industry average P/E ratio is 37.6x. Quarterhill Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Quarterhill Inc.

Quarterhill Inc., together with its subsidiaries, provides tolling and mobility systems and solutions in the United States, Thailand, Germany, Canada, South Korea, Belgium, France, Chile, and internationally. The company offers in-road sensor and above-ground AVDC, performance measurement, system monitoring, business intelligence, image-based processing, and transit event processing and capture; self-service and ERP/CRM commerce and mobility platforms; and system performance audit, violation enforcement, and digital video audit. It also provides portable scales, WIM controllers, weigh-in-motion, over-dimension, and AI and machine vision; bicycle and vehicle data, radar speed signs, and vulnerable road user, vehicle, and radar detection; and TRS plus, traffic A.C.E.+, icoms analytics, and VI2M, as well as tire, bicycle, toll, and axle sensors. In addition, the company offers congestion charging, performance management, insights and analytics, processing systems, and lane configuration; toll interoperability, mobility marketplace, and back office; maintenance, e-screening, tire anomaly detection, weight compliance, and commercial roadside technologies; multi-modal data and intersection management; and video-based systems, traffic recording and in-road sensor systems, and cloud-based solutions. Its products are used in tolling, safety and enforcement, and logistics industries. The company was formerly known as Wi-LAN Inc. and changed its name to Quarterhill Inc. in June 2017. Quarterhill Inc. was incorporated in 1992 and is headquartered in Toronto, Canada.

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