AI
Infleqtion Reports Updated Financial Results for Q2 2026 and FY26 Revenue Guidance
LOUISVILLE, Colo., August 17, 2026--Infleqtion, Inc. (NYSE: INFQ) ("Infleqtion" or the "Company"), a global leader in quantum computing and quantum sensing powered by neutral-atom technology, today announced that it has filed a Form 12b-25, Notification of Late Filing, with the Securities and Exchange Commission ("SEC") reporting updated results for the second quarter of 2026, which increases the original results reported in the Company’s press release dated August 12, 2026. The updated results
About this update from Infleqtion, Inc.
Q2 Revenue Increases from $12.6M to $13.5M and FY26 Revenue Guidance Increases from Approximately $43M to Approximately $45.1M to Reflect Shift in Timing of Revenue Recognition for Two Government Contracts Increases Offset by Corresponding Reduction in Revenue Recognized in 2024 and 2025 No Impact to Cash or Underlying Business Fundamentals Company Files Form 10-Q for Period Ended June 30, 2026 LOUISVILLE, Colo., August 17, 2026--(BUSINESS WIRE)--Infleqtion, Inc. (NYSE: INFQ) ("Infleqtion" or the "Company"), a global leader in quantum computing and quantum sensing powered by neutral-atom technology, today announced that it has filed a Form 12b-25, Notification of Late Filing, with the Securities and Exchange Commission ("SEC") reporting updated results for the second quarter of 2026, which increases the original results reported in the Company's press release dated August 12, 2026. The updated results are consistent with the financial information presented in the Company's Quarterly Report on Form 10-Q, which was filed today with the Securities and Exchange Commission ("SEC"). Updated Second Quarter 2026 Financial Summary Operating cash flow and cash on the balance sheet remain unchanged from the Company's August 12 press release. The Company is providing these updated financial results after identifying an immaterial adjustment related to two government contracts for which revenue was recorded in its prior period financial statements. The Company has also reflected this adjustment in its previously issued financial statements for fiscal years 2024 and 2025, which can be found in its second quarter Form 10-Q. "We are providing updated Q2 financial results and full year outlook after an accounting adjustment related to two contracts that shifted the timing of revenue recognition between periods with no impact to cash," said Matt Kinsella, Chief Executive Officer of Infleqtion. "I want to reinforce that Q2 was a record quarter for Infleqtion, we remain on track for 30 logical qubits this year, and the pace of quantum commercialization is accelerating. The quantum market is entering an execution phase, and Infleqtion has spent more than a decade preparing for it." As the Company is filing its second quarter Form 10-Q one business day beyond the filing deadline, the Company today also filed a Form 12b-25, Notification of Late Filing, with the SEC. Additional ...