Develops quantum computing and sensing hardware using cold-atom technology, for computing, navigation and timing applications.
Develops quantum computing and sensing hardware using cold-atom technology, for computing, navigation and timing applications.
Revenue today comes mainly from government and research contracts and from selling sensing, timing and navigation instruments, such as atomic clocks, rather than from quantum computers sold at scale. The computing side is still at the demonstration stage, so contract work helps pay for development.
Moat: narrow (IP / patents, process know-how). Cold-atom quantum technology and government research contracts, in an early-stage, pre-commercial quantum computing field.
Headquarters: Boulder, Colorado, US · Founded: 2007 · Employees: 205
Size Infleqtion (INFQ) is a United States Information Technology company (Computer Processing Hardware) with a market value of $2.00B, the 1788th largest of 3,117 United States companies the cockpit tracks. Shares closed at $8.89 on 6 Nov 2026.
Performance Over six months the shares fell 26.6%, against -19.6% for the median peer and -1.1% for the United States market (cap-weighted) — 4th lowest of 19 in its peer set.
Growth The operating margin is -315.0% (peer median 5.4%).
Valuation It trades at 67.0× enterprise value to sales against a peer median of 1.7× (5th most expensive of 21).
Capital Return on invested capital runs 70.9 points below its cost of capital (19.8% WACC).
Short interest Short interest is 12.6% of the free float (15 Oct 2026).
Next results Next results expected around 16 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Revenue | $23.0M | $0 | $0 |
| Revenue growth | — | — | — |
| Gross profit | $4.16M | $0 | $0 |
| EBITDA | -$70.5M | -$1.99M | -$51,910 |
| Net income | -$124M | -$66.9M | -$51,910 |
| Free cash flow | -$9.19M | -$2.27M | $0 |
| Capital expenditure | $1.70M | $0 | $0 |
| Total debt | $14.5M | $0 | $184,847 |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Infleqtion INFQ | $2.00B | -27% | n/a | -315% | 67.0× | n/a |
| IonQ IONQ | $14.0B | -34% | +371% | -392% | 48.5× | n/a |
| RGTI RGTI | $3.92B | -38% | +68% | -728% | 264.8× | n/a |
| QBTS QBTS | $4.05B | -25% | -44% | -1,373% | 286.2× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | INFQ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -20.3% | -6.5% | 5th lowest of 21 |
| 6-month return | -26.6% | -19.6% | 4th lowest of 19 |
| Distance from 52-week high | -58.2% | -37.2% | 4th lowest of 21 |
| Operating margin | -315.0% | 5.4% | 5th lowest of 21 |
| EV / Sales | 67.0× | 1.7× | 5th most expensive of 21 |
| ROIC minus cost of capital | -70.9 pp | +0.0 pp | lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Infleqtion INFQ | United States | $2.00B | -27% | n/a | -315% | 67.0× | n/a | n/a |
| Willfar Information Technology 688100.SS | China | $1.98B | -28% | -9% | 20% | 4.8× | 17.0% | +15.5% |
| Dongfang Electronics 000682.SZ | China | $2.06B | -21% | +14% | 7% | 1.2× | 8.9% | +17.4% |
| Getac 3005.TW | Taiwan | $2.20B | +19% | +9% | 15% | 1.7× | -7.0% | +7.2% |
| Lakala Payment 300773.SZ | China | $2.32B | -25% | +17% | 4% | 1.1× | 14.2% | 0.0% |
| PCI Technology 600728.SS | China | $1.58B | -7% | +11% | 0% | 1.1× | 23.0% | +18.8% |
| Acer 2353.TW | Taiwan | $2.63B | +4% | +15% | 2% | 0.4× | n/a | n/a |
| XGD 300130.SZ | China | $1.49B | -20% | +21% | 12% | 1.7× | 3.8% | +3.8% |
| IQM Quantum Computers Oyj Sponsored ADR IQMX | United States | $1.49B | n/a | n/a | -492% | 178.8× | n/a | n/a |
| IQM Quantum Computers IQMX.HE | Finland | $1.41B | n/a | n/a | -492% | 174.7× | n/a | n/a |
| SDIC Intelligence Information Technology 300188.SZ | China | $1.35B | -15% | -15% | -53% | 6.2× | n/a | n/a |
| MiTAC 3706.TW | Taiwan | $2.98B | -16% | +44% | 4% | 0.9× | n/a | n/a |
| Kontron KTN.DE | Germany | $1.31B | -19% | -7% | 7% | 0.9× | 4.2% | +5.1% |
| Sichuan Furong Technology 603327.SS | China | $1.30B | -26% | +22% | 6% | 3.0× | n/a | n/a |
| Raspberry PI RPI.L | United Kingdom | $1.29B | -27% | +71% | 9% | 2.9× | 14.4% | +17.2% |
| Qisda 2352.TW | Taiwan | $1.28B | +7% | 0% | 1% | 0.6× | n/a | n/a |
| Venture V03.SI | Singapore | $3.22B | -21% | +1% | 10% | 1.1× | -1.3% | -3.4% |
| MilDef MILDEF.ST | Sweden | $1.17B | +54% | +76% | 17% | 4.1× | 5.1% | +38.7% |
| NCR Atleos NATL | United States | $3.49B | +7% | +2% | 14% | 1.3× | -9.2% | +1.8% |
| RGTI RGTI | United States | $3.92B | -38% | +68% | -728% | 264.8× | n/a | n/a |
| QBTS QBTS | United States | $4.05B | -25% | -44% | -1,373% | 286.2× | n/a | n/a |