INFQ Technology

Infleqtion, Inc.

$8.44+3.56%

Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026

Basics

Sector: Technology
Industry: Software - Infrastructure
Country: United States
Market cap: 1.9B USD
Enterprise value: 1.5B USD
Full-time employees: 203

Overall health

Strength: lower risk than most peers: more short-term liquidity and less debt relative to equitylower risk: more liquidity and less debt vs equity
Drawback: less profitable than most peersless profitable than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Not enough data: growth

Would rank #1,284 of 1,612 fully scored technology companies (bottom 21%)

Partial overall score — 3/4 categories available.

See how it ranks against its peers

Worth knowing

Growing fast, still losing money. Revenue grew faster than 95% of peers, at an operating loss, from a small base ($41M of revenue over 12 months).
Revenue grew faster than 95% of peers, but the business runs at an operating loss (margin -198%).

StockQuotient Score

34/ 100

Oct 5 34 → Nov 4 34

Valuation

Is the price right?

0/100

Weak

2/3 inputs reported · Partial data

Since last quarter: ▼ Weaker

Share count up 3.3% (existing holders diluted)

Valuation also moves with the share price every day.

Why

Weaker than most peers on:

▼ Earnings yield
▼ EBITDA yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield-3.8%

SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.00Sector median: 0.0225 · MAD: 0.0225

EBITDA yield-4.3%

Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 monthsNegative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -1.17Sector median: 0.0423 · MAD: 0.0361

Free cash flow yieldUnavailable

Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.0274 · MAD: 0.0274

Other data (not scored)

Book yield30.2%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.3292 · MAD: 0.1754

Growth

Is it growing?

Insufficient data

Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.

Profitability

Does it earn well?

4/100

Weak

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ Operating margin
▼ ROA
▼ ROIC

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin-198.2%

SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentile33% base weight · Z-score -7.12Sector median: 0.0631 · MAD: 0.0710

Return on assets-11.2%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -3.89Sector median: 0.0293 · MAD: 0.0362

Return on invested capital-12.5%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -2.25Sector median: 0.0676 · MAD: 0.0857

Other data (not scored)

Gross margin28.9%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.3343 · MAD: 0.1632

Return on equity-12.5%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0753 · MAD: 0.0889

Risk

Debt, liquidity, price swings

Lower

Lower relative risk

2/3 inputs reported · Partial data

Since last quarter: No major change

Why

Stronger than most peers on:

▲ Current ratio
▲ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

BetaUnavailable

Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.8710 · MAD: 0.3700

Current ratio9.34×

SEC filings · latest balance sheetOutlier capped at sector 5th/95th percentile33% base weight · Z-score 8.42Sector median: 1.8295 · MAD: 0.6848

Debt / equity0.03×

Yahoo Finance fallback · no standard SEC debt tagReported value33% base weight · Z-score 0.99Sector median: 0.2495 · MAD: 0.2270

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Infleqtion

Is Infleqtion getting weaker?: Its latest SEC filing (Aug 18, 2026) got weaker in some ways: share count up 3.3%. Its overall score is unchanged at 34/100 since Oct 28, 2026.
How is Infleqtion valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 0/100 against 1,711 technology peers. Earnings yield -3.8% vs a peer median of 2.2% (weaker than 100% of peers).Earnings yield -3.8% vs peers 2.2% (weaker than 100% of peers).
Is Infleqtion growing?: Insufficient data: 1 of 3 inputs reported (at least 2 needed).
How profitable is Infleqtion?: Less profitable than most of its peers. Profitability scores 4/100 against 1,711 technology peers. Operating margin -198.2% vs a peer median of 6.3% (weaker than 100% of peers).Operating margin -198.2% vs peers 6.3% (weaker than 100% of peers).
How risky is Infleqtion?: Lower risk relative to 1,711 technology peers, judged on debt, liquidity and share-price swings. Current ratio 9.34× vs a peer median of 1.83× (stronger than 95% of peers).Current ratio 9.34× vs peers 1.83× (stronger than 95% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 18, 2026 · compared with the quarter ended Mar 31, 2026

Got weaker

Share count up 3.3% (existing holders diluted)

Worth watching: Infleqtion is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.

	Previous quarter	Latest quarter	Change
Net income (12 months)	−91.2M USD	−71.6M USD	−21.5%
Cash	84.7M USD	59.3M USD	−30.0%
Shares outstanding	218.2M	225.4M	+3.3%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Industry: Software - Infrastructure · 71 companies

Valuations in Software - Infrastructure are above their usual range since 2016.

61% of months since 2016 were valued lower than now.
22% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +19% and earnings +22% (medians): prices and earnings moved broadly together.
Median price-to-sales is +97% vs the whole market, against a usual +103%.

2016Shaded: most expensive fifth of its range2026

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2024	FY 2025	Change
Return on assets (ROA)	-32.9%	-15.8%	▲ 17 pts
Current ratio	0.00×	0.01×	—

INFQ price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Strength: lower risk than most peers: more short-term liquidity and less debt relative to equitylower risk: more liquidity and less debt vs equity

Drawback: less profitable than most peersless profitable than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Not enough data: growth

Would rank #1,284 of 1,612 fully scored technology companies (bottom 21%)

Partial overall score — 3/4 categories available.

See how it ranks against its peers

Questions investors ask about Infleqtion

Is Infleqtion getting weaker?

Its latest SEC filing (Aug 18, 2026) got weaker in some ways: share count up 3.3%. Its overall score is unchanged at 34/100 since Oct 28, 2026.

How is Infleqtion valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 0/100 against 1,711 technology peers. Earnings yield -3.8% vs a peer median of 2.2% (weaker than 100% of peers).Earnings yield -3.8% vs peers 2.2% (weaker than 100% of peers).

Is Infleqtion growing?

Insufficient data: 1 of 3 inputs reported (at least 2 needed).

How profitable is Infleqtion?

Less profitable than most of its peers. Profitability scores 4/100 against 1,711 technology peers. Operating margin -198.2% vs a peer median of 6.3% (weaker than 100% of peers).Operating margin -198.2% vs peers 6.3% (weaker than 100% of peers).

How risky is Infleqtion?

Lower risk relative to 1,711 technology peers, judged on debt, liquidity and share-price swings. Current ratio 9.34× vs a peer median of 1.83× (stronger than 95% of peers).Current ratio 9.34× vs peers 1.83× (stronger than 95% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Net income (12 months)

−91.2M USD

−71.6M USD

−21.5%

Cash

84.7M USD

59.3M USD

−30.0%

Shares outstanding

218.2M

225.4M

+3.3%

Key ratios

FY 2024

FY 2025

Change

Return on assets (ROA)

-32.9%

-15.8%

▲ 17 pts

Current ratio

0.00×

0.01×

—