Filing Flows

Filing Flows › Infleqtion (INFQ) › Q2 2026 › vs Q2 2025

Infleqtion (INFQ) Q2 2026 vs Q2 2025 (year over year)

Infleqtion's revenue rose $8.3M (+157%) from $5.3M in Q2 2025 to $13.5M in Q2 2026. The biggest changes: Service +$8.6M (+504%); Product −$388K (-11%).

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 Q2 2025, the increases inside each band.

Infleqtion: what changed, Q2 2026 vs Q2 2025Infleqtion: what changed, Q2 2026 vs Q2 2025Operating cash sources$31.4MCosts & expenses$27.7MOperating costs$27.7MOperating expenses$20.9MWorking capital & other$20.1MOperating cash flow$15.9MNet loss$15.5MNet loss absorbed$15.5MFree cash flow (OCF − capex)$15.2MShare-based compensation$11.3M

Margins

Q2 2026Q2 2025Change
Free cash flow margin87.1%-65.3%+152.4 pts

Every line

LineQ2 2026Q2 2025Change%
Service$10.4M$1.7M$8.6M+504%
Product$3.2M$3.6M−$388K-11%
Revenue$13.5M$5.3M$8.3M+157%
Other income, net$5.2M$1.2M$3.9M+321%
Net loss$24.7M$9.2M$15.5M+169%
Costs & expenses$43.4M$15.7M$27.7M+177%
Operating costs$43.4M$15.7M$27.7M+177%
Cost of revenue$11.4M$4.6M$6.8M+147%
Operating expenses$32.0M$11.1M$20.9M+189%
Operating cash sources$37.9M$6.4M$31.4M+489%
Depreciation & amortization$1.0M$900K$100K+11%
Share-based compensation$12.1M$769K$11.3M16×
Working capital & other$24.8M$4.8M$20.1M+421%
Net loss absorbed$24.7M$9.2M$15.5M+169%
Operating cash flow$13.2M−$2.8M$15.9M—
Free cash flow (OCF − capex)$11.8M−$3.4M$15.2M—
Capital expenditures$1.4M$690K$700K+101%

Questions

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

Infleqtion's revenue rose $8.3M (+157%) from $5.3M in Q2 2025 to $13.5M in Q2 2026.

What drove Infleqtion's revenue change in Q2 2026?

Service +$8.6M (+504%); Product −$388K (-11%).

Q2 2026 results → · Compare in the interactive Sankey →