Revenue: As of FY2025, the actual value is USD 0.

EPS: As of FY2025, the actual value is USD 0.02.

EBIT: As of FY2025, the actual value is USD -717.47 K.

Segment Revenue

Churchill Capital Corp XI has not generated operating revenues to date and does not anticipate doing so until after its initial Business Combination . The company did generate non-operating interest income of $549,783 from cash held in the Trust Account for the period from June 4, 2025, through December 31, 2025 .

Operational Metrics

Net Income

For the period from June 4, 2025, through December 31, 2025, Churchill Capital Corp XI reported a net income of $382,098 .

Operating and Formation Costs

During the same period, operating and formation costs totaled $167,685 .

Cash Flow

Cash in Operating Account

As of December 31, 2025, Churchill Capital Corp XI held $736,204 in its operating account .

Marketable Securities and Cash Held in Trust Account

As of December 31, 2025, marketable securities and cash in the Trust Account amounted to $414,549,783, including $549,783 of interest income .

Working Capital

The company’s working capital was $932,087 as of December 31, 2025 .

Unique Metrics

Deferred Underwriting Fee Payable

A deferred underwriting fee of $15,990,000 is due upon the completion of the initial Business Combination .

Permitted Withdrawals

As of December 31, 2025, $549,783 of the interest earned in the Trust Account was available for Permitted Withdrawals, subject to an annual limit of $1,000,000 .

Transaction Costs

Total transaction costs were $19,618,232, which included a $3,000,000 cash underwriting fee (net of $3,210,000 underwriter’s reimbursement), the $15,990,000 Deferred Fee, and $628,232 in other offering costs .

Outlook / Guidance

Churchill Capital Corp XI may require additional financing to finalize its Business Combination or address significant redemptions, potentially through issuing more securities or incurring debt . There is no guarantee that new financing will be available on favorable terms, which could necessitate curtailing operations or suspending potential transactions to conserve liquidity .