earnings
confidence high
sentiment neutral
materiality 0.60
Infleqtion raises Q2 revenue to $13.5M and FY26 guidance to ~$45.1M on accounting adjustment
Infleqtion, Inc.
2026-Q2 EPS
reported -$0.32
vs consensus -$0.05
▼ miss
(-527.5%)
- Q2 revenue raised to $13.5M from $12.6M, up 157% YoY; 100% organic from quantum.
- FY26 revenue guidance increased to ~$45.1M from ~$43M; no change to cash or business assumptions.
- GAAP operating loss $29.9M vs $10.4M in Q2 2025; non-GAAP loss $16.2M vs $7.6M.
- Adjustment relates to timing of revenue recognition on two government contracts; also revises 2024 and 2025 results.
- Company filed Form 12b-25 for late 10-Q; CEO says Q2 record, on track for 30 logical qubits.