Infleqtion, Inc. income statement
In fiscal 2025, Infleqtion, Inc. reported revenue of $31.1m, up 10.7% on the year before, operating income of −$35.7m (a -114.8% margin) and net income of −$32.2m, or $0.00 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|
| Revenue | 28 | 31 | 41 |
| Cost of revenue | 21 | 20 | 29 |
| Gross profit | 7 | 11 | 12 |
| General and administrative | 0 | 2 | — |
| Operating income | −55 | −36 | −82 |
| Income before tax | −56 | −32 | −72 |
| Income tax | — | 0 | — |
| Net income | −56 | −32 | −99 |
| Diluted EPS | −$1.40 | $0.00 | — |
| Diluted shares (average) | 40m | 46m | — |
| Quarter | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 8 | 5 | 7 | 10 | 9 | 14 |
| Cost of revenue | 5 | 5 | 4 | 7 | 7 | 11 |
| Gross profit | 3 | 1 | 4 | 3 | 3 | 2 |
| Research and development | 5 | 5 | — | — | 10 | 13 |
| Selling, general and administrative | 6 | 6 | — | — | 26 | 20 |
| General and administrative | — | — | 1 | 1 | — | — |
| Operating income | −7 | −10 | −7 | −12 | −33 | −30 |
| Income before tax | −6 | −9 | −6 | −11 | −30 | −25 |
| Income tax | 0 | 0 | — | — | 0 | 0 |
| Net income | −6 | −9 | −33 | −11 | −30 | −25 |
| Diluted EPS | −$0.41 | −$0.59 | $0.52 | $0.47 | −$0.25 | −$0.11 |
| EBITDA | −6 | −10 | — | — | −32 | −29 |
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