Infleqtion (INFQ) Income Statement

Infleqtion reported revenue of $32.46M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 12.6% from $28.84M a year earlier. Infleqtion posted a net loss of $31.80M, compared with a net loss of $53.76M a year earlier. Gross margin was 36.4% and operating margin -108.7%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $13.54M, up 156.5% from the same quarter a year earlier.

Infleqtion Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Infleqtion, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023
Period ending	Dec 2025	Dec 2024	Dec 2023
Revenue & Gross Profit
Revenue	32.46	28.84	10.95
Cost of Revenue	20.65	19.77	6.51
Gross Profit	11.81	9.06	4.44
Operating Expenses
Research & Development	24.09	22.30	33.82
Selling, General & Administrative	25.34	27.29	27.75
Operating Expenses	51.77	48.53	60.23
Operating Income	-35.29	-39.47	-55.80
Other Income/Expense
Interest Income	10.69	1.15	3.16
Interest Expense	0.00	0.00	0.00
Other Income/Expense	3.49	-15.45	3.03
Income
Income Before Tax	-31.80	-53.77	-52.77
Income Tax Expense	0.00	0.00	0.00
Net Income	-31.80	-53.76	-52.77
Net Income - Continuous Operations	-66.93	-53.76	-52.77
Net Income - Discontinued Operations	-	-	-
EBITDA	-31.59	-36.85	-50.63
EBIT	-35.29	-39.47	-55.80
Depreciation & Amortization	0.00	2.62	2.13
Earnings Per Share
Basic EPS	-1.00	-	-1.00
Diluted EPS	-2.00	-	-1.00
Basic Shares Outstanding	46.19	216.47	35.07
Diluted Shares Outstanding	46.19	216.47	35.07

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Infleqtion Financial Statements

What was Infleqtion's revenue in fiscal 2025?

Infleqtion reported revenue of $32.46M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 12.6% from $28.84M a year earlier.

Is Infleqtion profitable?

No. Infleqtion reported a net loss of $31.80M in fiscal 2025. In fiscal 2024 it lost $53.76M.

What is Infleqtion's operating margin?

Infleqtion's operating income was −$35.29M on revenue of $32.46M in fiscal 2025, an operating margin of -108.7%, compared with -136.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition