Infleqtion Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	30.93	28.84	10.95
Revenue Growth (YoY)	-	163.34%	-
Cost of Revenue	16.44	18.45	6.51
Gross Profit	14.49	10.39	4.44
Selling, General & Admin	25.49	27.62	27.75
Research & Development	19.97	22.3	33.82
Other Operating Expenses	-1.73	-0.99	-1.34
Operating Expenses	43.73	48.93	60.23
Operating Income	-29.24	-38.55	-55.8
Interest & Investment Income	2.05	1.15	3.16
Other Non Operating Income (Expenses)	-1.19	-2.62	-0.13
EBT Excluding Unusual Items	-28.38	-40.02	-52.77
Impairment of Goodwill	11.67	-1.53	-
Asset Writedown	-12.01	-12.01	-
Other Unusual Items	-	0.38	-
Pretax Income	-28.71	-53.17	-52.77
Income Tax Expense	-0.01	-0	-
Net Income	-28.71	-53.17	-52.77
Net Income to Common	-28.71	-53.17	-52.77
Shares Outstanding (Basic)	44	40	35
Shares Outstanding (Diluted)	44	40	35
Shares Change (YoY)	-	13.53%	-
EPS (Basic)	-0.65	-1.34	-1.50
EPS (Diluted)	-0.65	-1.34	-1.50
Free Cash Flow	-20.85	-35.33	-51.01
Free Cash Flow Per Share	-0.47	-0.89	-1.46
Gross Margin	46.86%	36.01%	40.51%
Operating Margin	-94.53%	-133.67%	-509.56%
Profit Margin	-92.82%	-184.40%	-481.88%
Free Cash Flow Margin	-67.40%	-122.50%	-465.83%
EBITDA	-25.93	-35.83	-53.66
EBITDA Margin	-83.85%	-124.25%	-
D&A For EBITDA	3.31	2.72	2.13
EBIT	-29.24	-38.55	-55.8
EBIT Margin	-94.53%	-133.67%	-
Revenue as Reported	30.93	28.84	10.95

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q