Quarterhill

What Quarterhill does

Quarterhill (TSX: QTRH; OTCQX: QTRHF) is a Canadian-incorporated, publicly traded provider of Intelligent Transportation Systems (ITS), tolling, and logistics technology, formed through the 2024 unification of International Road Dynamics (IRD) and Electronic Transaction Consultants (ETC) under a single brand. The company is headquartered in Frisco, Texas and employs 251–500 people, serving U.S. state Departments of Transportation, tolling authorities, and adjacent transportation agencies in North America and Europe.

Its technology stack combines roadside hardware (weigh-in-motion sensors, LiDAR/radar multi-sensor AVDC systems, cameras, virtual weigh stations, tire anomaly detectors, license plate recognition) with cloud-based back-office platforms for toll transaction processing, analytics, ERP/CRM, and customer service. AI and machine learning are core to the platform, including the proprietary ITHEIA video-based vehicle classifier that eliminates the need for traditional in-road sensors, plus the Tire Anomaly Classification System (TACS) and digital video auditing. The platform processes over 2 billion transactions and 93 million image transactions annually, classifies 100M+ vehicles per day, and handles roughly $3 billion in toll revenue across more than 15 million accounts.

Quarterhill operates a B2G/enterprise business model, generating revenue from (1) hardware and infrastructure deployments, (2) recurring software licensing and SaaS for back-office and analytics, (3) professional services including installation, maintenance, and operations support, and (4) per-transaction toll processing fees. Contracts are multi-year government procurements, typically ranging from $2.3M to $13M per award, with the company holding a $428.8M revenue backlog as of Q1 2026 and a ~$2B pipeline. Q1 2026 revenue was $38.6M (+14% YoY), with gross margins expanding from 12% to 28% year-over-year following a July 2025 restructuring.

Name

Quarterhill

Legal name

Quarterhill, Inc.

Website

https://quarterhill.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

Quarterhill is a Canadian public company (TSX: QTRH) that provides intelligent transportation systems, tolling, and logistics technology — including weigh-in-motion sensors, AI-powered vehicle classification, license plate recognition, and cloud-based toll back-office platforms — primarily to U.S. state Departments of Transportation and tolling authorities.

Ownership category

akta.pro rank

Product category

Intelligent Transportation Systems

NAICS

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Miscellaneous Transportation Equipment (3790)

akta.pro primary industry

Toll Plaza / Lane Equipment & Field Systems (Gantry, Sensors, Cameras, AVC) (TLAJABAH)

akta.pro secondary industries

Weigh-in-Motion (WIM) Systems & Virtual Weigh Stations (TLAJAKAB), Automatic Number Plate Recognition (ANPR) / Video Tolling & Enforcement (TLAJABAB), CVSA/Regulatory Screening & Bypass Systems (PrePass, Drivewyze, RFID/Transponder) (TLAJAKAG), Toll Violation Management, Collections & Dispute Resolution (TLAJABAG)

Keywords

• Intelligent transportation systems
• Tolling solutions
• Weigh-in-motion technology
• Commercial vehicle enforcement
• Transportation infrastructure software

Headquarters

HQ city

Ottawa

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Transportation Infrastructure Technology Sales: Sale and deployment of hardware and software technology systems including weigh-in-motion stations, traffic monitoring systems, tolling equipment, and enforcement technologies to transportation agencies.
2. Software Licensing and SaaS: Cloud-based software platforms for tolling back-office operations, data analytics, customer service center operations, and transaction processing with annual licensing.
3. Professional Services: Installation, maintenance, calibration, system repairs, training, and ongoing operations and maintenance services for deployed transportation technology systems.
4. Transaction Processing: Processing toll transactions for transportation authorities with approximately 2 billion transactions processed annually and $3 billion toll revenue handled.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Quarterhill designs, manufactures, and operates intelligent transportation system (ITS) solutions for government transportation agencies, including roadside tolling hardware and software, AI-powered vehicle classification and enforcement systems, weigh-in-motion sensors, virtual weigh stations, truck parking management, and a cloud-based tolling back-office platform. Its core offerings combine proprietary AI/computer vision with roadside hardware, installation services, and ongoing operations and maintenance sold primarily through multi-year contracts with U.S. state Departments of Transportation, toll authorities, and enforcement agencies.

Product overview

Quarterhill operates as a unified platform company combining IRD (International Road Dynamics) and ETC under one brand, offering intelligent transportation system solutions across three main segments: Tolling, ITS (Intelligent Transportation Systems), and Logistics. The product portfolio consists of 10 integrated platform segments including Roadside Technologies (AVDC, processing systems, lane configurations), Commerce and Mobility Platforms (back-office, toll interoperability, analytics), Audit and Enforcement (digital video audit, violation enforcement), Tolling Services (integration, operations, staffing), Commercial Vehicles (e-screening, weight compliance, tire detection), Automated Enforcement (virtual weigh stations, WIM), Freight Mobility (intermodal terminals, ports, border protection), Smart Transportation (radar detection, intersection management), Data Solutions (video-based systems, cloud solutions), and Freight services. Core products include Virtual Weigh Stations (VWS), ITHEIA AI-powered vehicle classification, Tire Anomaly Classification System (TACS), Weigh-in-Motion sensors, I-SAFE 2 radar speed signs, Signum bicycle counters, TRS Plus traffic recording, and Icoms Analytics. The company also operates acquired brands including Red Fox ID for license plate recognition. Each year Quarterhill processes over 2 billion transactions, classifies 100M+ vehicles/day, processes 93M image transactions, and handles $3B toll revenue annually.

Differentiator

Problem solved

Functional benefit

Brands

• ITHEIA: AI-powered video-based vehicle classification technology using computer vision and machine-learning algorithms
• VWS (Virtual Weigh Stations)
• TACS (Tire Anomaly Classification System)
• Icoms Detections
• Red Fox ID

Products and services

• Roadside Technologies Comprehensive roadside toll collection platform offering for tolling operators, encompassing lane configurations, processing systems, automatic vehicle detection and classification (AVDC), performance management, and congestion charging capabilities.
• Commerce and Mobility Platforms Back-office, mobility marketplace, toll interoperability, insights and analytics, and performance management solutions that power tolling operations for transportation authorities.
• Audit and Enforcement Digital video auditing, violation enforcement, and system performance audit solutions that ensure tolling accuracy and transparency.
• Tolling Services Integration, operations and maintenance, strategic staffing, and operational tools provided to toll operators to manage deployed toll systems end-to-end.
• Commercial Vehicles Commercial roadside technologies, weight compliance, tire anomaly detection, e-screening, and maintenance solutions for commercial vehicle enforcement programs.
• Automated Enforcement Traffic safety, advanced screening, virtual weigh stations, and direct enforcement weigh-in-motion solutions for automated highway safety programs.
• Freight Mobility Intermodal terminal optimization, tire damage monitoring, port operations, border protection, and access control solutions for freight and logistics operators.
• Smart Transportation Radar detection, multimodal data collection, intersection management, and vulnerable road user protection solutions for smart city and urban transportation programs.
• Data Solutions Video-based systems, traffic recording, in-road sensors, cloud-based solutions, and maintenance monitoring that deliver transportation data and analytics to agencies.
• Freight Freight mobility, data analysis and planning, identification and characterization, and asset management solutions for freight operators and supply chain planners.
• Virtual Weigh Stations (VWS 2.0) Real-time vehicle monitoring systems that deliver vehicle records for enforcement, traffic surveillance, and data collection 24/7 without requiring vehicles to stop.
• Automatic Vehicle Detection and Classification (AVDC) Quantum platform-powered LiDAR and multi-sensor systems that classify vehicles with high accuracy across open-road tolling and express lanes applications.
• ITHEIA AI Vehicle Classification AI-powered video-based vehicle classification technology that uses computer vision and machine-learning algorithms to accurately classify vehicles without requiring traditional in-road sensors.
• Tire Anomaly Classification System (TACS) Real-time detection system for identifying unsafe tire conditions including flat, mismatched, or underinflated tires that pose safety risks to commercial vehicles.
• Truck Parking Information Management System (TPIMS) Real-time parking availability system that delivers data through dynamic signage, mobile platforms, and traveler information systems to help truck drivers locate available parking.
• I-SAFE 2 Radar Speed Signs Radar speed display signs that alert drivers of excessive speed while gathering vehicle speed data for publication on open data platforms via API.
• Signum Bicycle Counter Doppler radar and lidar-based sensor that accurately counts bicycles, achieving over 90% accuracy even during peak hours and congestion.
• Weigh-in-Motion (WIM) Sensors that capture truck weights at highway speeds for enforcement and infrastructure protection without requiring vehicles to stop.
• TRS Plus Traffic Recording System Traffic recording system that counts, classifies, and measures vehicles and their speed for traffic management and planning applications.
• Icoms Analytics Analytics platform for processing and analyzing traffic sensor data aggregated from multiple sources for transportation planning and operations.
• M5 Speed Camera Speed enforcement camera approved in Germany and Austria for automated speed monitoring on roadways.
• Red Fox ID License Plate Recognition License plate recognition technology offering from acquired subsidiary Red Fox ID Limited, recognized with Kings Awards for identification solutions.

Quantifiable outcome

• 2B+ transactions processed annually
• +7 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability10 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Illinois Department of Transportation (IDOT)coreStrategic or Co-development Partner · 22 June 2026Long-term partnership to install and maintain traffic data collection sites across northeastern Illinois including Chicago metro area. Agreement valued at approximately $2.5 million over an initial three-year term with optional annual extensions for up to 10 years. Deploying Continuous Count Sites for year-round monitoring of traffic volume and vehicle types to support infrastructure design, safety analysis, and investment planning.
• Utah Department of Transportation (UDOT)coreStrategic or Co-development Partner · 26 May 2026Selected to deploy tolling back-office and customer service platform across I-15 Express Lanes network under $6.3 million five-year contract. Platform replaces existing dashboards and manual workflows with unified solution for transaction processing, account management, customer service center operations. Covers approximately 82 miles in each direction, 77 tolling locations, nearly 30,000 active transponders, and 1.63 million annual trips.
• Indiana Department of Transportation (INDOT)coreStrategic or Co-development Partner · 28 April 2026Expansion of partnership through two new Quantity Purchase Award agreements worth combined $13 million running May 2026 through April 2030. Supports expansion, maintenance, and enhancement of Weigh-in-Motion and Virtual Weigh-in-Motion systems across Indiana's highway network. Provides access to ITHEIA AI-powered video-based vehicle classification technology.
• California Department of Transportation (Caltrans)coreStrategic or Co-development Partner · 31 March 2026Three new project awards totaling approximately $2.4 million for commercial vehicle screening and weigh-in-motion data collection across key freight corridors. Projects include commercial vehicle e-screening system at Desert Hills facility in Riverside County, WIM data collection system on Interstate 10 in San Bernardino County, and WIM expansion along Route 805 in San Diego County.
• New Jersey Department of Transportation (NJDOT)coreStrategic or Co-development Partner · 24 March 2026Multi-year contract through subsidiary International Road Dynamics for maintenance and support of traffic monitoring systems across New Jersey. Servicing approximately 145 traffic monitoring sites including 95 weigh-in-motion stations and 50 traffic volume system sites to support transportation planning, safety, and federal reporting.
• Massachusetts Department of Transportation (MassDOT)coreStrategic or Co-development Partner · 5 March 2026$6.4 million contract through Coviello Electric to support expansion of Weigh-in-Motion infrastructure program. Installing 15 new WIM stations and deploying commercial vehicle compliance software platform across key interstate corridors including I-84, I-90, I-91, I-93, I-95, I-195, I-290, I-295, I-395, I-495, and Routes 3, 24, 146.
• Coviello Electric, Inc.minorImplementation/ SI/ Consulting Partner · 5 March 2026Prime contractor through which Quarterhill delivers MassDOT Weigh-in-Motion infrastructure program worth $6.4 million. Quarterhill providing WIM stations and compliance software while Coviello manages overall project delivery.
• Washington State Department of Transportation (WSDOT)coreStrategic or Co-development Partner · 14 October 2025Launched $2.3 million Truck Parking Information Management System along I-5 corridor to improve safety and freight efficiency. Initial deployment spans I-5 from Vancouver, Washington to Canadian border. Providing real-time parking availability through dynamic signage, mobile platforms, and WSDOT's Parker Truck app.
• Arkansas Department of Transportation (ARDOT)coreStrategic or Co-development Partner · 9 October 2025$2.7 million project with ARDOT and Arkansas Highway Police to modernize freight operations at Lehi on I-40 Eastbound and Marion on I-55 Southbound. Deploying Weigh-in-Motion sensors, Tire Anomaly Classification System, LPR, DOT checks, iROC verification, and dynamic message boards for AI-driven freight inspection.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Verra Mobility: Public US smart mobility company focused on road safety cameras, automated enforcement, and tolling services. Competes directly with Quarterhill's automated enforcement, smart transportation, and violation management product lines, and serves a similar government and commercial customer base.
• Kapsch TrafficCom: Austrian-headquartered global provider of intelligent transportation systems, tolling, and traffic management solutions with a comparable product portfolio spanning roadside, back-office, and enforcement technologies. Directly competes with Quarterhill on state DOT and toll authority tenders across North America and Europe.
• Iteris: US-based intelligent transportation systems provider focused on traffic management, advanced sensor and detection systems, and smart city infrastructure. Directly comparable in WIM-adjacent traffic detection, intersection management, and data analytics sold to state DOTs and municipalities.
• TransCore: US-based tolling, traffic management, and connected vehicle solutions provider (now part of ST Engineering). Directly competes in electronic toll collection, back-office systems, and traffic management for US state DOTs and toll authorities — the same customer base as Quarterhill.
• Q-Free: Norwegian-headquartered provider of ITS solutions including toll collection, traffic management, and connected vehicle infrastructure. Comparable in tolling back-office, roadside systems, and traffic data analytics sold to government transportation agencies globally.
• SWARCO: Austria-headquartered global ITS and road safety company providing signage, lighting, tolling, and traffic management solutions. Competes with Quarterhill in WIM, traffic detection, and DOT-level infrastructure deployments, particularly in Europe and North America.

Broad incumbents

• Conduent Transportation: Major business process services provider with a substantial transportation division offering tolling back-office, public transit, and DMV solutions. Overlaps with Quarterhill's Commerce and Mobility Platforms segment at the back-office and customer service tier.
• Cubic Transportation Systems: Large incumbent in transit fare collection and urban transportation technology, part of Cubic Corporation (now a Veritas Capital portfolio company). Overlaps with Quarterhill in tolling back-office, payment processing, and urban mobility analytics, though it operates across a much broader transit portfolio.

Emerging players

• EFKON: Austria-headquartered provider of electronic tolling, enforcement, and intelligent transportation systems, with strong presence in European and emerging markets. Overlaps with Quarterhill's tolling and ANPR/enforcement offerings for government and concession customers.
• Sensys Gatso: Swedish-listed provider of automated traffic enforcement solutions including speed and red-light cameras. Comparable to Quarterhill's automated enforcement segment, particularly the M5 Speed Camera, and shares the same DOT and law enforcement customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/wi-lan
• Xx.com/thesuperwilan_

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds7 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quarterhill