Infleqtion (INFQ-WT) Operating Expenses (2024 - 2026)

Infleqtion (INFQ-WT) reported Operating Expenses of $36.3 million for Q1 2026, up 231.21% year-over-year from $11.0 million in Q1 2025, and up 6467.94% quarter-over-quarter from $552243.0 in Q4 2025.

Infleqtion (INFQ-WT) Operating Expenses (2024 - 2026) Analysis & Trends

Infleqtion (INFQ-WT) has 3 years of Operating Expenses data on file, last reported at $36.3 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $36.3 million, up 231.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $38.2 million (changed N/A YoY), and the FY2025 annual result was $2.0 million, up 3733.98% from the prior year.
  • Operating Expenses improved to $36.3 million in Q1 2026 per INFQ-WT's latest filing, from $552243.0 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 $8.2 million and a median of $893393.5 in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses jumped 24447.76% in 2025, then jumped 231.21% in 2026.
  • A 3-year view of Operating Expenses shows it stood at $44611.0 in 2024, then soared by 1137.91% to $552243.0 in 2025, then jumped by 6467.94% to $36.3 million in 2026.
  • Business Quant data shows INFQ-WT's Operating Expenses at $36.3 million in Q1 2026, $552243.0 in Q4 2025, and $1.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,819.83 Bn 2,741.56 Bn 56.06 Bn 10.85 Bn
2 Alarum Technologies 1,056.91 Bn 1,042.76 Bn 7.23 Mn 6.42 Mn
3 Oracle 530.68 Bn 492.11 Bn 15.14 Bn 11.73 Bn
4 Palantir Technologies 306.85 Bn 298.93 Bn 1.42 Bn 662.79 Mn
5 Palo Alto Networks 199.03 Bn 194.49 Bn 1.91 Bn 1.51 Bn
6 CrowdStrike Holdings 170.56 Bn 167.51 Bn 993.68 Mn 979.89 Mn
7 Fortinet 106.91 Bn 103.62 Bn 1.49 Bn 905.10 Mn
8 Synopsys 86.43 Bn 86.31 Bn 1.77 Bn 1.57 Bn
9 Cloudflare 79.42 Bn 78.48 Bn 455.60 Mn 517.59 Mn
10 Infleqtion - - 1.99 Mn 36.27 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 36.27 Mn
Dec 31, 2025 552,243.00
Sep 30, 2025 1.23 Mn
Jun 30, 2025 185,232.00
Mar 31, 2025 10.95 Mn
Mar 31, 2024 44,611.00