Filing Flows

Filing Flows › Infleqtion (INFQ) › Q2 2026 › vs Q1 2026

Infleqtion (INFQ) Q2 2026 vs Q1 2026 (quarter over quarter)

Infleqtion's revenue rose $4.1M (+43%) from $9.5M in Q1 2026 to $13.5M in Q2 2026. The biggest changes: Service +$4.1M (+64%); Product +$23K (+0.7%).

Infleqtion, Q2 2026: revenue $13.5M (+156% year over year), operating margin -220.5%, net loss $24.7M, operating cash flow $13.2M. The chart draws each line against Q1 2026, the increases inside each band.

Infleqtion: what changed, Q2 2026 vs Q1 2026Infleqtion: what changed, Q2 2026 vs Q1 2026Operating cash flow$32.3MFree cash flow (OCF − capex)$31.3MOperating cash sources$27.3MWorking capital & other$23.5MNet loss−$5.0MNet loss absorbed−$5.0MCost of revenue$4.4MService$4.1MShare-based compensation$3.8MOperating expenses−$3.5M

Margins

Q2 2026Q1 2026Change
Free cash flow margin87.1%-205.8%+292.9 pts

Every line

LineQ2 2026Q1 2026Change%
Service$10.4M$6.3M$4.1M+64%
Product$3.2M$3.1M$23K+0.7%
Revenue$13.5M$9.5M$4.1M+43%
Other income, net$5.2M$3.3M$1.9M+56%
Net loss$24.7M$29.7M−$5.0M-17%
Costs & expenses$43.4M$42.5M$904K+2%
Operating costs$43.4M$42.5M$904K+2%
Cost of revenue$11.4M$6.9M$4.4M+64%
Operating expenses$32.0M$35.6M−$3.5M-10%
Operating cash sources$37.9M$10.6M$27.3M+259%
Depreciation & amortization$1.0M$948K$52K+5%
Share-based compensation$12.1M$8.3M$3.8M+45%
Working capital & other$24.8M$1.3M$23.5M19×
Net loss absorbed$24.7M$29.7M−$5.0M-17%
Operating cash flow$13.2M−$19.2M$32.3M—
Free cash flow (OCF − capex)$11.8M−$19.5M$31.3M—
Capital expenditures$1.4M$312K$1.1M+346%

Questions

How much did Infleqtion's revenue grow quarter over quarter in Q2 2026?

Infleqtion's revenue rose $4.1M (+43%) from $9.5M in Q1 2026 to $13.5M in Q2 2026.

What drove Infleqtion's revenue change in Q2 2026?

Service +$4.1M (+64%); Product +$23K (+0.7%).

Q2 2026 results → · Compare in the interactive Sankey →