NYSE$INFQ
Infleqtion Inc · Q2 2026 earnings
Q2 2026 earnings · · After market close
Briefing
Infleqtion reported record Q2 2026 revenue of $12.6 million, up 116% year over year, and raised its full-year 2026 revenue outlook.
Infleqtion achieved record quarterly revenue of $12.6 million in Q2 2026, entirely from quantum products and 100% organic. GAAP operating loss widened to $30.6 million due to increased investments and stock-based compensation, while the company ended the quarter with $582 million in cash and securities and no debt. The company raised its 2026 revenue outlook to approximately $43 million and remains on track for 30 logical qubits.
- Q2 revenue reached a record $12.6 million, representing 116% year-over-year growth, all organic and from quantum technologies.
- GAAP operating loss was $30.6 million compared to $10.1 million in Q2 2025, with non-GAAP operating loss at $17.0 million.
- Balance sheet strengthened with $582 million in cash, cash equivalents, restricted cash and available-for-sale securities and zero debt.
- Full-year 2026 revenue outlook raised to approximately $43 million; on track for 30 logical qubits in 2026.
Headline financials
Revenue & EPS history
Churchill Capital Corp X · Revenue · Quarterly
$12.6M
Revenue by segment
Churchill Capital Corp X · $9.46M total across 2 segments · Q1 2026
- Service Revenue$6.31M—66.7%
- Product Revenue$3.15M—33.3%
Forward guidance
Raised full-year 2026 revenue outlook to approximately $43 million while reiterating the target of 30 logical qubits.
Tailwinds
- Proposed up to $100 million in Commerce funding to advance commercialization
- Contracted neutral-atom quantum computer deployment in Illinois for 2027
- Eaton using Sqale for energy applications; three DOE Genesis projects secured
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