How Infleqtion makes money

Period

FY2025

How does Infleqtion make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Infleqtion Inc. · FY2025 · year ended 2025-12-31

Revenue$31MNet loss$32M · 104%Cost of revenue$20M · 63%Gross profit$11M · 37%Operating expenses$47M · 151%Other income$3M · 11%SG&A$2M · 6%Other opex$45M · 145%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.