As far as I can tell there is no way to draw test in a custom QQuickItem that is easy and fast. There should be a QSGTextNode but that does not exist.

Many people want this, e.g. for graph labels. There are some hacks around it (e.g. calling through to QML to create a Text item) but that is clumsy and slow.

In my case I'm trying to create a log widget (like the compiler output window in Qt Creator), but it seems to be impossible because TextEdit is just too buggy and heavyweight and scales badly.