INFQ
Infleqtion, Inc.Technology·Computer Hardware
$16.22
$2.8B market cap
Revenue
$9.5M
Free Cash Flow
$-19.9M
Rev Growth
+0.0%
FCF Margin
-210.4%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Infleqtion, Inc. engages in delivering neutral atom solutions for quantum computing, networking, sensing, and security. Its products are categorized into computing, sensing, and cores. The company was founded on February 7, 2007, and is headquartered in Louisville, CO.
2-Year Price History
$16.35+21.1%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 9.5 | -33.3 | -34.3 | -30.3 | -19.2 | -19.5 | -0.3 | 443.5 | 4.9 | 118.2 | -38.6% | -- | -- |
| Act | 2025-Q4 | 0.0 | -0.6 | -0.6 | -35.5 | -0.4 | -0.4 | -0.0 | 424.4 | 0.0 | 26.4 | -2.0% | -- | -- |
Valuation & Metrics
Market Stats
Price$16.22
Market Cap$2.8B
Enterprise Value$2.4B
P/S Ratio297.5x
P/FCF--
EV/FCF--
FCF Margin (TTM)-210.4%
FCF Yield-0.7%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$9.5M
Net Income$-65.8M
Free Cash Flow$-19.9M
Revenue Growth (YoY)+0.0%
EBITDA Margin-358.1%
Net Margin-695.1%
FCF Margin-210.4%
CapEx % of Revenue3.3%
SBC % of Revenue87.7%
ROIC-20.3%
WC Change % Rev-137.3%
Interest Coverage--
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares4.1M
Days to Cover1.0
Change (vs Prior)-28.4%
Need at least 2 settlement dates for chart
Employees
Headcount2
Revenue / Employee$4,730,500
Gross Profit / Employee$995,500
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
23.3%
91 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.0%
0 filers
Vanguard, iShares, SPDR
Market makers
0.2%
2 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
Not enough quarterly ownership history to chart yet.
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Global Frontier Investments LLC | $251M | $9.81 | +$251M | +$251M | — | $732M |
| MAVERICK CAPITAL LTD | $196M | $9.81 | +$196M | +$196M | — | $8.60B |
| Alyeska Investment Group, L.P. | $42.1M | $9.81 | +$49.1M | +$42.1M | — | $35.33B |
| CITADEL ADVISORS LLC | $23.5M | $9.81 | +$23.5M | +$23.5M | — | $138.22B |
| QVT Financial LP | $12.3M | $9.81 | +$12.3M | +$12.3M | — | $1.26B |
| OPPENHEIMER & CO INC | $8.2M | $9.81 | +$8.2M | +$8.2M | — | $8.20B |
| GOLDMAN SACHS GROUP INC | $6.7M | $9.81 | +$6.7M | +$6.7M | — | $760.93B |
| UBS Group AG | $6.2M | $9.81 | +$6.2M | +$6.2M | — | $562.11B |
| Polar Asset Management Partners Inc. | $5.8M | $9.81 | +$5.9M | +$5.8M | — | $3.16B |
| D. E. Shaw & Co., Inc. | $5.5M | $9.81 | +$5.5M | +$5.5M | — | $118.02B |
| SUSQUEHANNA INTERNATIONAL GROUP, LLPMM | $4.3M | $9.81 | +$4.3M | +$4.3M | — | $77.14B |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT | $3.9M | $9.81 | +$3.9M | +$3.9M | — | $1.92B |
| LMR Partners LLP | $3.6M | $9.81 | +$3.6M | +$3.6M | — | $8.84B |
| NOMURA HOLDINGS INC | $2.4M | $9.81 | +$2.4M | +$2.4M | — | $9.84B |
| WIM INVESTMENT MANAGEMENT Ltd | $2.4M | $9.81 | +$2.4M | +$2.4M | — | $337M |
| Squarepoint Ops LLC | $2.3M | $9.81 | +$2.3M | +$2.3M | — | $46.27B |
| FOUNDATIONS INVESTMENT ADVISORS, LLC | $2.3M | $9.81 | +$2.3M | +$2.3M | — | $8.02B |
| MORGAN STANLEY | $2.2M | $9.81 | +$2.2M | +$2.2M | — | $1.65T |
| RENAISSANCE TECHNOLOGIES LLC | $2.1M | $9.81 | +$2.1M | +$2.1M | — | $63.91B |
| PINNACLE ASSOCIATES LTD | $1.9M | $9.81 | +$1.9M | +$1.9M | — | $7.78B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.20%
avg per quarter
Holders (ex-self)
—
excl. this stock
Buyers (this Q)
-0.20%
93 buyers · $0.60B in
Sellers (this Q)
+0.00%
0 sellers · $0.00B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
+2.0%
how holders react when this stock falls
On quiet Qs
-3.8%
−10% to +10% baseline
On rallies (+10%+)
-9.5%
how they react when this stock rises
Holders' portfolio flow this Q
+23.6%
inflows — adds are organic
Sellers' portfolio flow this Q
+0.0%
Sellers' overall flow ~ flat.
New buyers this quarter
Global Frontier Investments LLC+$0.25BMAVERICK CAPITAL LTD+$0.20BAlyeska Investment Group, L.P.+$0.04BCITADEL ADVISORS LLC+$0.02BQVT Financial LP+$0.01BOPPENHEIMER & CO INC+$0.01BGOLDMAN SACHS GROUP INC+$0.01BUBS Group AG+$0.01BPolar Asset Management Partners Inc.+$0.01BD. E. Shaw & Co., Inc.+$0.01B
Top-5 holders · 87.1%
Global Frontier Investments LLC--
MAVERICK CAPITAL LTD--
Alyeska Investment Group, L.P.--
CITADEL ADVISORS LLC--
QVT Financial LP--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
Not enough holder history to plot.
Analyst Coverage
Analyst Coverage
Price Targets
Last Quarter (1 analysts)$22.003560.0%
Last Year (1 analysts)$22.003560.0%
Current Price$16.22
Corporate
Order Flow (FINRA, ~3w lag)
42.4%retail+0.4pp
10.6%dark-1.1pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.