Infleqtion Stock Jumps as Quantum Computing Firm Posts Record Q1 Revenue and Raises 2026 Outlook
Infleqtion reported first-quarter revenue of $9.5 million, up 14%, and raised its 2026 revenue outlook to at least $40 million. The company posted a GAAP operating loss of $33.6 million and ended March with $569 million in cash and equivalents. Shares rose about 5% Thursday, tracking gains in other quantum firms. Infleqtion recently launched Quantum Spectrum, an atom-based radio frequency sensing platform.