Infleqtion, Inc. (INFQ) Income Statement
INFQ 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsINFQ revenue and net income
INFQ profit margins
INFQ growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −100.0% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
INFQ quarterly EPS vs estimates
Infleqtion beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: November 11, 2026 (estimate $-0.05).
INFQ income statement
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $0 | $28.8M | $10.9M |
| Cost of revenue | — | $19.8M | $6.5M |
| Gross profit | — | $9.1M | $4.4M |
| Research & development | — | $22.3M | $33.8M |
| Sales, general & admin | $2.0M | $51,910 | $22.9M |
| Total operating expenses | $2.0M | $51,910 | $60.2M |
| Operating income | −$2.0M | −$51,910 | −$55.8M |
| Interest income | — | $1.2M | $3.2M |
| Income before taxes | −$66.9M | −$51,910 | −$52.8M |
| Income taxes | — | −$2,000 | — |
| Net income | −$66.9M | −$51,910 | −$52.8M |
| EBITDA | −$66.9M | −$51,910 | −$50.6M |
| EPS (diluted) | −$1.32 | $0.00 | — |
| Gross margin | — | 31.4% | 40.5% |
| Operating margin | — | −0.2% | −509.6% |
| Net margin | — | −0.2% | −481.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Jun '24 | Mar '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.6M | $9.5M | $0 | $8.2M | $5.3M | $8.3M | $9.3M | $0 | $0 |
| Cost of revenue | $11.2M | $7.5M | — | $4.3M | $4.6M | $4.9M | $4.2M | — | — |
| Gross profit | $1.4M | $2.0M | — | $3.9M | $678,000 | $3.4M | $5.1M | — | — |
| Research & development | $12.7M | $10.0M | — | $4.8M | $5.3M | $5.2M | $4.7M | — | — |
| Sales, general & admin | $19.8M | $26.3M | $552,243 | $1.2M | $185,232 | $5.8M | $7.1M | $7,230 | $44,611 |
| Total operating expenses | $32.0M | $35.6M | $552,243 | $7.3M | $185,232 | $10.3M | $11.9M | $7,230 | $44,611 |
| Operating income | −$30.6M | −$33.6M | −$552,243 | −$7.3M | −$185,232 | −$7.0M | −$6.8M | −$7,230 | −$44,611 |
| Interest income | $5.0M | $3.2M | — | $780,000 | $719,000 | $356,000 | $193,000 | — | — |
| Income before taxes | −$25.5M | −$30.3M | −$35.5M | −$33.4M | $2.0M | −$6.0M | −$8.3M | −$7,230 | −$44,611 |
| Income taxes | — | — | — | — | — | — | −$5,000 | — | — |
| Net income | −$25.5M | −$30.3M | −$35.5M | −$33.4M | $2.0M | −$6.0M | −$8.3M | −$7,230 | −$44,611 |
| EBITDA | −$24.5M | −$29.3M | −$35.5M | −$33.4M | $2.0M | −$6.2M | −$5.6M | −$7,230 | −$44,611 |
| EPS (diluted) | −$0.06 | −$0.26 | −$0.68 | −$0.64 | — | — | — | — | — |
| Gross margin | 11.0% | 21.0% | — | 47.1% | 12.8% | 40.7% | 55.0% | — | — |
| Operating margin | −242.5% | −354.9% | — | −88.8% | −3.5% | −83.7% | −73.1% | — | — |
| Net margin | −201.6% | −319.9% | — | −407.0% | 37.4% | −72.1% | −89.3% | — | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in INFQ's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
INFQ financial results
Infleqtion reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $66.9 million. Diluted earnings per share came to −$1.32.
See the INFQ stock overview for the latest quote and news, or the INFQ chart for price history and technical indicators.
INFQ income statement FAQ
Does Infleqtion have revenue?
Infleqtion reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is Infleqtion profitable?
No. Infleqtion reported a net loss of $66.9 million in fiscal 2025.
What are Infleqtion's earnings per share?
Infleqtion earned $-1.32 per diluted share in fiscal 2025, compared with $-0.00 a year earlier.
When will Infleqtion report its next earnings?
Infleqtion is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does Infleqtion's fiscal year end?
Infleqtion's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.