Infleqtion, Inc. (INFQ) income statement
NYSE · Technology · Computer Hardware · 204 employees · CEO Matthew John Kinsella
- Price
- $8.88 -5.83%
- Market cap
- $2B
- Enterprise value
- $1.96B
- Last report
- Q2 '26 filed 2026-08-18
- Next report
- 2026-11-16 EPS est. -$0.05
Infleqtion, Inc. (INFQ) reported revenue of $12.6M for Q2 '26 (– year on year), operating income of -$30.6M (-242.5% of revenue) and net income of -$25.5M. Over the last four quarters revenue was $22.1M.
Income statement
| Income statement | Trend | Q1 '24 | Q2 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $9.26M | $8.3M | $0 | $0 | $0 | $9.46M | $12.6M | |
| Cost of revenue | $0 | $0 | $4.17M | $4.93M | $0 | $0 | $0 | $7.47M | $11.2M | |
| Gross profit | $0 | $0 | $5.09M | $3.38M | $0 | $0 | $0 | $1.99M | $1.39M | |
| Research & development | $0 | $0 | $4.65M | $5.17M | $0 | $0 | $0 | $9.95M | $12.7M | |
| Sales & marketing | $0 | $0 | $717K | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $44.6K | $7.23K | $6.41M | $5.78M | $185K | $1.23M | $552K | $26.3M | $0 | |
| Other operating expenses | $0 | $0 | $71K | -$624K | $0 | $6.04M | $0 | -$705K | -$468K | |
| Operating expenses | $44.6K | $7.23K | $11.9M | $10.3M | $185K | $7.28M | $552K | $35.6M | $32M | |
| Operating income | -$44.6K | -$7.23K | -$6.77M | -$6.95M | -$185K | -$7.28M | -$552K | -$33.6M | -$30.6M | |
| Interest income | $0 | $0 | $193K | $356K | $2.16M | $4.39M | $4.14M | $3.2M | $5.02M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | -$335K | $0 | -$2.16M | $26.1M | $34.9M | -$3.31M | -$5.16M | |
| Total non-operating income | $0 | $0 | -$1.51M | $965K | $2.16M | -$26.1M | -$34.9M | $3.31M | $5.16M | |
| Income before tax | -$44.6K | -$7.23K | -$8.27M | -$5.99M | $1.97M | -$33.4M | -$35.5M | -$30.3M | -$25.5M | |
| Income tax | $0 | $0 | -$5K | $0 | $0 | $0 | $0 | $0 | $0 | |
| Net income | -$44.6K | -$7.23K | -$8.27M | -$5.99M | $1.97M | -$33.4M | -$35.5M | -$30.3M | -$25.5M | |
| EPS (basic) | $0.00 | -$0.00 | -$0.20 | -$0.41 | -$0.59 | -$0.64 | -$0.68 | -$0.26 | -$0.11 | |
| EPS (diluted) | $0.00 | -$0.00 | -$0.20 | -$0.41 | -$0.59 | -$0.64 | -$0.68 | -$0.26 | -$0.11 | |
| Shares (basic, weighted) | 52.1M | 30.8M | 41.6M | 14.7M | 15.6M | 52.1M | 52.1M | 118M | 220M | |
| Shares (diluted, weighted) | 52.1M | 31.4M | 41.6M | 14.7M | 15.6M | 52.1M | 52.1M | 118M | 220M | |
| Depreciation & amortization | $0 | $0 | $795K | $701K | $0 | $0 | $0 | $948K | $980K | |
| EBITDA | -$44.6K | -$7.23K | -$5.64M | -$6.25M | $1.97M | -$33.4M | -$35.5M | -$29.3M | -$24.5M |
| Income statement | Trend | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $11M | $0 | $0 | |
| Cost of revenue | $6.51M | $0 | $0 | |
| Gross profit | $4.44M | $0 | $0 | |
| Research & development | $33.8M | $22.3M | $0 | |
| Sales & marketing | $4.88M | $0 | $0 | |
| General & administrative | $22.9M | $51.9K | $1.99M | |
| Other operating expenses | -$1.34M | -$22.3M | $0 | |
| Operating expenses | $60.2M | $51.9K | $1.99M | |
| Operating income | -$55.8M | -$51.9K | -$1.99M | |
| Interest income | $3.16M | $1.15M | $10.7M | |
| Other non-operating income (gains on investments, FX ...) | -$3.03M | $0 | $64.9M | |
| Total non-operating income | $3.03M | $0 | -$64.9M | |
| Income before tax | -$52.8M | -$51.9K | -$66.9M | |
| Net income | -$52.8M | -$51.9K | -$66.9M | |
| EPS (basic) | -$1.50 | -$1.35 | -$1.29 | |
| EPS (diluted) | -$1.50 | -$1.35 | -$1.29 | |
| Shares (basic, weighted) | 35.1M | 39.8M | 52.1M | |
| Shares (diluted, weighted) | 35.1M | 39.8M | 52.1M | |
| Depreciation & amortization | $2.13M | $0 | $0 | |
| EBITDA | -$50.6M | -$51.9K | -$66.9M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
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, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31
Data as of 2026-11-02