Thing is, non-commercial and free software projects (KDE is one of the biggest ones, but not just KDE) have a significant contribution, quality-wise, to Qt. Most commercial users are on LTS releases. They rarely report bugs in current versions. With some exceptions (e.g. Wayland), they rarely test new features as they become available. They rarely put too much effort into bug reports for LTS releases, too. That's just how commercial development works. Unless it's a critical bug and you have no choice, your employer won't pay you (or you can't charge your customer) to help another company fix their code.
Qt has a large foothold in FOSS and non-commercial software, and that provides a great deal of real-world exposure to a codebase that's old enough, and complex enough, that real-world exposure is crucial. IMHO, if they lose this, Qt will stop being a useful choice for any kind of development, cross-platform or not, within a few years.
(Edit: to be clear, it's not just that the FOSS community basically provides free beta testing -- even if technically it sort of does. This is an artifact of the way FOSS, and many Linux distributions, too, work today -- e.g. most distros don't ship the LTS version, they ship the latest version, simply because it's easier to fit that into their release schedule. Whether good or bad, it means that a big chunk of Qt app users are on the latest stable version, not on LTS.)
That's all in addition to all the third-party contributions, which are a small, but not insignificant portion of the Qt code.