Infleqtion (INFQ-WT) Operating Expenses (2024 - 2026)
Infleqtion's (INFQ-WT) quarterly Operating Expenses came in at $32.5 million in Q2 2026, up 181.06% year-over-year from $11.6 million in Q2 2025, and down 10.42% quarter-over-quarter from $36.3 million in Q1 2026.
Analysis
Infleqtion (INFQ-WT) Operating Expenses (2024 - 2026) Analysis & Trends
Infleqtion (INFQ-WT) has reported Operating Expenses for 3 consecutive years, with $32.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 181.06% year-over-year to $32.5 million in Q2 2026; TTM through Jun 2026 was $70.6 million, a 212.77% increase from a year earlier, with the FY2025 full-year figure at $2.0 million, up 3733.98% from the prior year.
- Operating Expenses was $32.5 million for Q2 2026 at Infleqtion, down from $36.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $36.3 million in Q1 2026 and troughed at $44611.0 in Q1 2024.
- A 3-year average of $13.3 million and a median of $11.0 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 24447.76% in 2025 and soared 181.06% in 2026, its largest moves.
- Over 3 years, Operating Expenses stood at $44611.0 in 2024, then surged by 1137.91% to $552243.0 in 2025, then jumped by 5783.82% to $32.5 million in 2026.
- The last three Operating Expenses figures came in at $32.5 million (Q2 2026), $36.3 million (Q1 2026), and $552243.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | IonQ | 10.45 Bn | 8.33 Bn | 19.94 Mn | 417.29 Mn |
| 2 | D-Wave Quantum | 6.60 Bn | 6.60 Bn | 1.70 Mn | 54.98 Mn |
| 3 | Rigetti Computing | 5.26 Bn | 5.26 Bn | 2.19 Mn | 30.25 Mn |
| 4 | Quantum Computing | 1.86 Bn | 1.86 Bn | -1.17 Mn | 21.85 Mn |
| 5 | Infleqtion | 1.48 Bn | 998.62 Mn | 2.17 Mn | 32.49 Mn |
| 6 | BTQ Technologies | 406.47 Mn | 406.47 Mn | - | 13.24 Mn |
| 7 | Quantum eMotion | 337.93 Mn | 337.93 Mn | - | 3.43 Mn |
| 8 | Arqit Quantum | 310.37 Mn | 310.37 Mn | - | - |
| 9 | Horizon Quantum Holdings | 16.26 | -113.25 Mn | - | 7.18 Mn |
| 10 | Xanadu Quantum Technologies | 9.57 | -312.78 Mn | 1.38 Mn | 31.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.49 Mn |
| Mar 31, 2026 | 36.27 Mn |
| Dec 31, 2025 | 552,243.00 |
| Sep 30, 2025 | 1.23 Mn |
| Jun 30, 2025 | 11.56 Mn |
| Mar 31, 2025 | 10.95 Mn |
| Mar 31, 2024 | 44,611.00 |