Infleqtion Q2 FY26 operating loss widens to $30.64 million; revenue more than doubles to $12.6 million year over year

Reuters2026/08/12 20:09

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Infleqtion posted Q2 2026 revenue of USD 12.6 million, more than doubled from a year earlier; raised its 2026 revenue outlook to about USD 43 million.
GAAP operating loss widened to USD 30.6 million; GAAP net loss widened to USD 25.5 million, with diluted loss per share at USD 0.12.
Cash generated from operations was USD 13.2 million, including a USD 27.4 million payroll-tax timing benefit tied to stock-option exercises.
Ended Q2 with USD 582 million in cash and securities, no debt; expects to remit the USD 27.4 million in Q3.
Commerce LOI provides for up to USD 100 million in proposed funding; reiterated 30 logical qubits in 2026, Illinois system planned for 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Infleqtion Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608121605BIZWIRE_USPR_____20260812_BW752663) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Infleqtion Q2 FY26 operating loss widens to $30.64 million; revenue more than doubles to $12.6 million year over year

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