Infleqtion Q2 Net Loss Widens, Revenue Tops on NASA Quantum Demand

Earnings
โดย Zacks Investment Research·US·Read original
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Infleqtion reported a second-quarter 2026 non-GAAP net loss of $11.82 million, wider than the $6.1 million loss a year earlier, while revenue jumped 116% to $12.6 million and beat the Zacks Consensus Estimate by 23.6%. Growth was entirely organic and quantum-driven, led primarily by execution on NASA's Quantum Gravity Gradiometer program, and remaining performance obligations rose to $21 million. About 92% of revenue came from the United States and roughly 80% from the U.S. government and agencies. The company remains on track to demonstrate 30 logical qubits on its Sqale quantum computer in 2026 and is under contract to deploy a neutral-atom quantum computer at the Illinois Quantum & Microelectronics Park in 2027. Management raised full-year 2026 revenue guidance to approximately $43 million, and the Department of Commerce selected Infleqtion for a letter of intent providing for up to $100 million in proposed funding, subject to definitive agreements and government approvals.

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Revenue jumped 116% on NASA quantum demand and guidance raised.

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