Infleqtion

Q2 FY2026 EarningsQ2 FY26 beat consensus on the top line with record revenue of $12.6M vs. $10.6M expected (+18.7%), driven by 116% YoY organic growth in quantum computing and sensing. While GAAP net loss of $25.5M was wider than the $8.3M consensus due to high stock-based compensation and SG&A expenses, the non-GAAP net loss of $11.8M was closer to normalized expectations. Management raised FY26 revenue guidance to ~$43M, exceeding the previous consensus of ~$41M, supported by a strong $582M cash balance and a potential $100M DOC funding LOI.