Churchill Capital Corp XI (CCXI) financials
NASDAQ · Financial Services · Shell Companies · 2 employees · CEO Michael S. Klein
- Price
- $8.15 -18.01%
- Market cap
- $341M
- Enterprise value
- $340M
- Last report
- Q2 '26 filed 2026-08-13
Valuation & key figures
- Market cap
- $341M EV $340M
- Revenue
- $0 Trailing 12 months
- Revenue growth
- – Next fiscal year
- Profit margin
- – Net income / revenue, TTM
- P/E
- -3.4×
- P/S
- 0.0× Price / sales, TTM
- EV / EBITDA
- -8.5× TTM
- Free cash flow
- – Trailing 12 months
- Net income
- -$134M Trailing 12 months
- Revenue estimate
- – Next fiscal year
- Earnings
- –
- Dividend
- – No dividend
Key takeaways
Computed from the reported numbers - every statement carries the figure it rests on.
- Diluted share count up 14.8% in a year55.7M diluted shares in Q2 '26, 48.5M a year earlier.
- Net cash $1.25MCash + short-term investments $1.25M, debt incl. leases $0.
Last quarter: Q2 '26
Quarter ended 2026-06-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.
Quarter vs a year ago
| Q2 '26 | Year ago | Change | |
|---|---|---|---|
| Revenue | $0 | $0 | – |
| Operating income | -$39.8M | -$22K | -180,287.7% |
| Net income | -$135M | -$22K | -610,835.6% |
| Diluted EPS | -$2.42 | $0.00 | – |
| Operating cash flow | $149K | – | – |
| Capex | $4 | – | – |
| Free cash flow | $149K | – | – |
| R&D | $0 | $0 | – |
| Stock-based compensation | $0 | – | – |
EPS vs consensus
last 8 reportsRevenue
Where the money comes from - by business line and by region, quarter by quarter.
Revenue, operating income and growth
quarterlyMargins & cost structure
How much of each unit of revenue is left at each level - and where the costs go.
Margins
quarterlyCosts as % of revenue
quarterlyCash flow & capital allocation
Cash generated, what it is spent on, and what reaches shareholders.
Operating cash flow, capex, free cash flow
quarterlyUses of cash vs operating cash flow
fiscal yearsLast 4 quarters
cash flow statement- Free cash flow
- –
- Returned to shareholders / FCF
- –
Share count and EPS
quarterly, dilutedBalance sheet
Liquidity, investments and debt at each quarter end.
Cash, investments and debt
quarter endsValuation & returns
Today's multiples against the company's own last five fiscal years; analyst targets and ratings.
Multiples and returns
TTM vs 5 fiscal years| Now | 5y average | Where today sits in the 5-year range | |
|---|---|---|---|
| P/E (TTM) | -3.4× | 1,487.0× | 1,487.0× – 1,487.0× |
| EV / EBITDA | -8.5× | – | – |
| EV / Sales | 0.0× | – | – |
| Price / FCF | -706.0× | – | – |
| Price / Book | 1.7× | 1.4× | 1.4× – 1.4× |
| FCF yield | -0.1% | -0.1% | -0.1% – -0.1% |
| Return on invested capital | -14.1% | -0.0% | -0.0% – -0.0% |
| Return on equity | -59.4% | 0.1% | 0.1% – 0.1% |
Financial statements
Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.
Every reported line
All 37 figures Churchill Capital Corp XI tagged in its recent 10-Q / 10-K filings, with the official SEC label and definition - including the notes (leases, taxes, buybacks, employees, ...).
| Line (SEC label) | Latest quarter | Year ago | y/y | Latest FY | Prior FY | y/y |
|---|---|---|---|---|---|---|
| $3M2026-05-26 | – | – | – | – | – | |
| Accrued Liabilities, Current | $520K | – | – | $55.7K | – | – |
| Administrative Fees Expense | $30K2025-12-17 | – | – | $30K2025-12-17 | – | – |
| Assets | $423M | – | – | $416M | – | – |
| Assets Held-in-trust | $421M | – | – | – | – | – |
| Assets Held-in-trust, Noncurrent | $421M | – | – | $415M | – | – |
| Assets, Current | $1.61M | – | – | $1.06M | – | – |
| Cash | $1.25M | – | – | $736K | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $1.25M | – | – | $736K | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect | $842K | – | – | – | – | – |
| Cash, FDIC Insured Amount | $250K | – | – | $250K | – | – |
| General and Administrative Expense | $694K | – | – | – | – | – |
| Increase (Decrease) in Accrued Liabilities | $440K | – | – | – | – | – |
| Increase (Decrease) in Prepaid Expense | -$19.3K | – | – | – | – | – |
| Investment Income, Interest | $3.79M | – | – | – | – | – |
| Legal Fees | $2.25M | – | – | – | – | – |
| Liabilities | $154M | – | – | $16.1M | – | – |
| Liabilities and Equity | $423M | – | – | $416M | – | – |
| Liabilities, Current | $140M | – | – | $131K | – | – |
| Net Cash Provided by (Used in) Operating Activities | -$158K | – | – | – | – | – |
| Net Income (Loss) Attributable to Parent | -$135M | – | – | – | – | – |
| Nonoperating Income (Expense) | -$94.9M | – | – | – | – | – |
| Number of Operating Segments | 0 Segment | – | – | – | – | – |
| Operating Income (Loss) | -$39.8M | – | – | – | – | – |
| Other Prepaid Expense, Current | $53.8K | – | – | $18.8K | – | – |
| Payments for Capital Improvements | $1M | – | – | – | – | – |
| Payments for Other Fees | $90K | – | – | – | – | – |
| Preferred Stock, Par or Stated Value Per Share | $0.00 | – | – | $0.00 | – | – |
| Preferred Stock, Shares Authorized | 5M | – | – | 5M | – | – |
| Prepaid Expense Other, Noncurrent | $143K | – | – | $297K | – | – |
| Prepaid Insurance | $308K | – | – | $308K | – | – |
| Retained Earnings (Accumulated Deficit) | -$153M | – | – | -$14.2M | – | – |
| Sale of Stock, Price Per Share | $10.00 | – | – | $10.00 | – | – |
| Stockholders' Equity Attributable to Parent | -$153M | $2.95K | -5,165,988.2% | -$14.2M | – | – |
| Temporary Equity, Accretion to Redemption Value | $3.79M | – | – | – | – | – |
| Temporary Equity, Accretion to Redemption Value, Adjustment | $3.79M | – | – | – | – | – |
| Temporary Equity, Carrying Amount, Attributable to Parent | $421M | – | – | $414M | – | – |
Source: SEC companyfacts (XBRL of every 10-Q / 10-K). Cash-flow quarters are derived from the year-to-date figures the 10-Q tags. Segment breakdowns are tagged with dimensions and are shown in the segment section instead.
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31
Data as of 2026-11-02