Welcome to our dedicated page for Quarterhill news (Ticker: QTRHF), a resource for investors and traders seeking the latest updates and insights on Quarterhill stock.
Quarterhill Inc. reports developments tied to intelligent transportation system solutions for public transportation agencies. Its updates commonly cover Weigh-in-Motion and Virtual Weigh-in-Motion deployments, traffic monitoring systems, commercial vehicle screening, automated enforcement, tolling technologies, AI-enabled sensing, and data platforms used for roadway safety, freight mobility, infrastructure protection, and transportation planning.
Quarterhill news also includes contract awards and agency partnerships across North America, including work supported by its International Road Dynamics subsidiary, as well as product demonstrations and financial results. Recurring disclosures emphasize software and recurring-revenue expansion, safety and enforcement activity, backlog and project execution, and the company’s positioning as a technology provider in the ITS market.
Quarterhill (OTCQX: QTRHF, TSX: QTRH) reported Q2 2026 revenue of $42.5 million, slightly below $43.1 million a year earlier, but gross margin1 expanded to 29% from 15%. Adjusted EBITDA1 improved to $4.6 million (11% margin1) from a loss of $2.7 million, marking a fourth consecutive positive quarter.
Net loss narrowed to $5.6 million versus $6.8 million. Cash from operations was $5.7 million, and cash rose to $26.2 million, partly due to a new secured term loan. Revenue backlog1 was $415 million. Quarterhill agreed to acquire Conduent's tolling solutions business for $70 million in cash and shares (~7% of post-closing equity), a Q4 2026 closing expected to roughly triple tolling revenue and create about $2 billion of combined backlog1, with pro forma annual revenue targeted above $400 million and an Adjusted EBITDA margin1 range of 10%-15%, subject to closing conditions.
Quarterhill (OTCQX: QTRHF) announced approximately $2.1 million in new weigh-in-motion (WIM) orders for transportation projects in South Korea and Thailand. The projects, to be installed in 2026 via local partners SAT and TMS, support traffic monitoring, overload detection, enforcement, and roadway maintenance.
According to Quarterhill, the contracts extend long-standing regional partnerships, use PAT Bending Plate WIM and Single Load Cell WIM technologies plus iSINC controllers, and reinforce its growing Intelligent Transportation Systems footprint in the Asia-Pacific region.
Quarterhill (OTCQX: QTRHF) will hold a conference call on Thursday, August 13, 2026, at 8:30 a.m. ET to discuss its second quarter 2026 financial results. A results press release will be issued before the call.
Investors can access a live and replay webcast via Quarterhill’s website, dial in from North America at 1.888.699.1199 or internationally at 1.416.945.7677, and use RapidConnect for instant phone access. A telephone replay will be available until August 20, 2026 at 1.888.660.6345 (North America) or 1.289.819.1450 (International) with passcode 32470.
Quarterhill (OTCQX: QTRHF) announced a $5.25 million contract with the Oklahoma Department of Transportation to modernize commercial vehicle screening at an Interstate 35 weigh station. Starting in August 2026, Quarterhill will deploy AI-driven Mainline and Ramp Sorter Systems, Weigh-In-Motion, Electronic Screening, Tire Anomaly Classification System (TACS), and Dimensioning technologies, supporting ODOT’s broader infrastructure modernization and expanding Quarterhill’s North American ITS portfolio.
Quarterhill (OTCQX:QTRHF) agreed to acquire substantially all assets of Conduent’s tolling solutions business for $70 million in cash plus new Quarterhill shares equal to 7% of outstanding shares at closing.
The deal is expected to approximately triple Quarterhill’s tolling revenue, create a combined backlog of about $2 billion, and on a pro-forma basis would have generated over $400 million in annual revenue with 10–15% adjusted EBITDA margin. Closing is targeted for Q4 2026, subject to TSX and customary approvals.
Quarterhill (OTCQX:QTRHF) announced a long-term partnership with the Illinois Department of Transportation to install and maintain traffic data collection sites in District 1, including the Chicago metro area. The agreement is valued at about $2.5 million over an initial three-year term with optional annual extensions up to 10 years.
Quarterhill will deploy and maintain Continuous Count Sites that provide year-round traffic volume and vehicle-type data used for road design, asset management, safety analysis, and infrastructure planning. According to Quarterhill, this award builds on its Illinois footprint and adds to 2026 contracts in Indiana, California, New Jersey, and Massachusetts.
Quarterhill (OTCQX:QTRHF) reported voting results from its May 26, 2026 Annual General and Special Meeting. Shareholders approved fixing the Board at seven directors, elected all seven nominees, reappointed Ernst & Young Canada LLP as auditors, and approved an amendment to the 2018 Equity Incentive Plan.
Quarterhill (OTCQX:QTRHF) won a $6.3 million contract from the Utah Department of Transportation to deploy its tolling back-office and customer service platform across the I-15 Express Lanes.
The five-year deal, with five optional one-year extensions, supports processing for 1.63 million trips and $2.75 million in annual toll revenue.
Quarterhill (OTCQX:QTRHF) will hold its virtual Annual and Special Meeting of shareholders on May 26, 2026 at 10:00 a.m. Eastern. Registered shareholders and duly appointed proxyholders can participate, ask questions and vote in real time by following procedures in the April 16, 2026 Management Information Circular.
Seven nominees, including six current directors and Burland East, are standing for election to the Board. Proxy-related Meeting Materials are available via notice-and-access on SEDAR+ and the company website, with advance voting through online, telephone or mail by May 22, 2026.
Quarterhill (OTCQX:QTRHF) reported Q1 2026 revenue of $38.6M, up 14% year-over-year, with gross margin expanding to 28%. Adjusted EBITDA was $2.0M, its third straight positive quarter, while net loss narrowed to $5.2M. Backlog reached $428.8M. The company also secured a new $60M credit facility plus $100M of uncommitted incremental capacity, and won multiple tolling and commercial vehicle contracts across U.S. state agencies.