• Infleqtion posted a net loss of $30.26 million for the three months ended March 31, 2026, widening from the prior-year period, while operating loss widened to $33.58 million.
• Revenue rose 14% to $9.46 million, as service revenue more than doubled to $6.31 million while product revenue fell 51% to $3.15 million.
• Gross profit dropped 41% to $1.99 million on total cost of revenue up 52% to $7.47 million.
• Research and development expense climbed 93% to $9.95 million, while selling, general and administrative expense rose to $26.32 million due to $11.5 million of non-recurring Business Combination costs.
• Recent wins included a $2 million DARPA contract, a $1 million U.S. Navy contract, and a $5.3 million ARPA-E cost-sharing agreement, while an April integration milestone linked Sqale with NVIDIA Ising models for calibration and decoding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Infleqtion Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-227206), on May 15, 2026, and is solely responsible for the information contained therein.