Infleqtion (INFQ)


Market Price (8/21/2026): $12.5 | Market Cap: $2.7 BilSector: Information Technology | Industry: Systems Software

Infleqtion (INFQ)


Market Price (8/21/2026): $12.5
Market Cap: $2.7 Bil
Sector: Information Technology
Industry: Systems Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -17%

Megatrend and thematic drivers
Megatrends include Quantum Technology. Themes include Quantum Computing, Quantum Sensing, and Quantum Networking.

Weak multi-year price returns
2Y Excs Rtn is -57%, 3Y Excs Rtn is -92%

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 12%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -80 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -220%

Expensive valuation multiples
P/SPrice/Sales ratio is 76x

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 60%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -41%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -48%

Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 104%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -7.0%

High stock price volatility
Vol 12M is 116%

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -17%
1 Megatrend and thematic drivers
Megatrends include Quantum Technology. Themes include Quantum Computing, Quantum Sensing, and Quantum Networking.
2 Weak multi-year price returns
2Y Excs Rtn is -57%, 3Y Excs Rtn is -92%
3 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 12%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -80 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -220%
5 Expensive valuation multiples
P/SPrice/Sales ratio is 76x
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 60%
7 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -41%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -48%
8 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 104%
9 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -7.0%
10 High stock price volatility
Vol 12M is 116%

INFQ in ETFs

Weight = INFQ's share of each fund

VTI0.00%
ITOT0.00%
IWM0.05%
VB0.01%
IWO0.05%
IWN0.04%
SCHA0.04%
VTWO0.04%
+4 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/19/2026

Infleqtion (INFQ) stock has gained about 5% since 4/30/2026 because of the following key factors:

1. Strong Revenue Growth and Increased Outlook. Infleqtion reported record fiscal Q2 2026 revenue of $13.5 million, marking a substantial 157% year-over-year increase, with all growth attributed to its quantum business. The company subsequently raised its full-year 2026 revenue outlook to approximately $45.1 million from an initial $40 million, reflecting non-cash accounting adjustments related to government contracts.

2. Significant Government Funding and Strategic Contracts. The company secured substantial government engagement, including a proposed funding Letter of Intent of up to $100 million from the U.S. Department of Commerce. Furthermore, Infleqtion was selected for three U.S. Department of Energy Genesis Mission projects and is under contract to deploy a neutral-atom quantum computer at the Illinois Quantum & Microelectronics Park in 2027.

Show more
Updated on 8/19/2026

Infleqtion (INFQ) stock has gained about 5% since 4/30/2026 because of the following key factors:

1. Strong Revenue Growth and Increased Outlook. Infleqtion reported record fiscal Q2 2026 revenue of $13.5 million, marking a substantial 157% year-over-year increase, with all growth attributed to its quantum business. The company subsequently raised its full-year 2026 revenue outlook to approximately $45.1 million from an initial $40 million, reflecting non-cash accounting adjustments related to government contracts.

2. Significant Government Funding and Strategic Contracts. The company secured substantial government engagement, including a proposed funding Letter of Intent of up to $100 million from the U.S. Department of Commerce. Furthermore, Infleqtion was selected for three U.S. Department of Energy Genesis Mission projects and is under contract to deploy a neutral-atom quantum computer at the Illinois Quantum & Microelectronics Park in 2027.

3. Robust Balance Sheet and Accelerating Commercialization. Infleqtion concluded fiscal Q2 2026, which ended June 30, 2026, with a strong liquidity position, holding $582 million in cash, cash equivalents, restricted cash, and available-for-sale securities, with no debt. This was significantly bolstered by $528.2 million in net proceeds from a Business Combination completed in the first half of 2026. The company also demonstrated progress toward commercialization, remaining on track to achieve 30 logical qubits in 2026 and delivering its first quantum-enabled precision timing solution in Q2 2026.

4. Substantial Insider Selling. During the period, there was considerable insider selling activity, with transactions exceeding $440 million. Notably, CEO Matthew John Kinsella sold approximately $13.1 million in May 2026, Director David B. Singer sold approximately $181.6 million in May 2026, and Maverick Capital Ltd sold approximately $186 million in May 2026.

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Stock Movement Drivers

Fundamental Drivers

The 5.6% change in INFQ stock from 4/30/2026 to 8/20/2026 was primarily driven by a 0.0% change in the company's P/E Multiple.
(LTM values as of)43020268202026Change
Stock Price ($)11.8912.555.6%
Change Contribution By: 
Total Revenues ($ Mil)0.0%
Net Income Margin (%)0.0%
P/E Multiple0.0%
Shares Outstanding (Mil)2162160.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/20/2026
ReturnCorrelation
INFQ5.6% 
Market (SPY)6.1%42.2%
Sector (XLK)14.8%47.3%

Fundamental Drivers

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Market Drivers

1/31/2026 to 8/20/2026
ReturnCorrelation
INFQ  
Market (SPY)10.5%51.4%
Sector (XLK)27.4%51.1%

Fundamental Drivers

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Market Drivers

7/31/2025 to 8/20/2026
ReturnCorrelation
INFQ  
Market (SPY)21.7%51.4%
Sector (XLK)39.9%51.1%

Fundamental Drivers

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Market Drivers

7/31/2023 to 8/20/2026
ReturnCorrelation
INFQ  
Market (SPY)72.5%51.4%
Sector (XLK)109.2%51.1%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
INFQ Return------20%-20%
Peers Return8%-42%55%11%-5%-2%2%
S&P 500 Return27%-19%24%23%16%13%105%

Monthly Win Rates [3]
INFQ Win Rate-----43% 
Peers Win Rate52%35%60%62%54%48% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
INFQ Max Drawdown------ 
Peers Max Drawdown-22%-53%-30%-35%-34%-37% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: GEN, PATH, S, CVLT, EXYN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/20/2026 (YTD)

How Low Can It Go

INFQ has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

EventXLKS&P 500
2025 US Tariff Shock
  % Loss-25.7%-18.8%
  % Gain to Breakeven34.5%23.1%
  Time to Breakeven65 days79 days
2024 Yen Carry Trade Unwind
  % Loss-17.0%-7.8%
  % Gain to Breakeven20.4%8.5%
  Time to Breakeven92 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-10.0%-9.5%
  % Gain to Breakeven11.2%10.5%
  Time to Breakeven15 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-33.1%-24.5%
  % Gain to Breakeven49.5%32.4%
  Time to Breakeven246 days427 days
2020 COVID-19 Crash
  % Loss-31.2%-33.7%
  % Gain to Breakeven45.2%50.9%
  Time to Breakeven78 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.8%-19.2%
  % Gain to Breakeven31.2%23.8%
  Time to Breakeven100 days105 days

Compare to GEN, PATH, S, CVLT, EXYN

In The Past

State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

INFQ has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

EventXLKS&P 500
2025 US Tariff Shock
  % Loss-25.7%-18.8%
  % Gain to Breakeven34.5%23.1%
  Time to Breakeven65 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-33.1%-24.5%
  % Gain to Breakeven49.5%32.4%
  Time to Breakeven246 days427 days
2020 COVID-19 Crash
  % Loss-31.2%-33.7%
  % Gain to Breakeven45.2%50.9%
  Time to Breakeven78 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.8%-19.2%
  % Gain to Breakeven31.2%23.8%
  Time to Breakeven100 days105 days
2008-2009 Global Financial Crisis
  % Loss-51.5%-53.4%
  % Gain to Breakeven106.2%114.4%
  Time to Breakeven797 days1085 days

Compare to GEN, PATH, S, CVLT, EXYN

In The Past

State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Infleqtion (INFQ)

Infleqtion (INFQ) is a blank check company, also known as a Special Purpose Acquisition Company (SPAC). Its primary business purpose is to raise capital from investors and then use that capital to acquire one or more existing private businesses through a merger, amalgamation, share exchange, or similar business combination. The ultimate goal of this process is to take the acquired private company public.

Currently, Infleqtion does not have any operating business, products, or services of its own. Its main "offering" is the capital it has raised and the strategic expertise of its management team, which it will leverage to identify and execute a suitable acquisition. Essentially, it provides a pathway for a private company to become publicly traded without going through a traditional initial public offering (IPO).

The company plans to pursue an initial business combination in any industry, but it expects to focus on a target where its founder and management team's expertise can provide a competitive advantage. The team is led by Michael Klein, who brings decades of experience in strategic advisory and investment banking from his time at M. Klein and Company and Citi, positioning Infleqtion to identify and structure complex transactions for its target private companies.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe Infleqtion:

  • It's like a publicly traded private equity fund that's just raised money, specifically to find and acquire one private company to take public, led by a seasoned dealmaker like Michael Klein.
  • Think of it as an "empty box" that raised money on the stock market, whose sole purpose is to find and acquire a private company to fill it and take public, guided by a Wall Street veteran (Michael Klein).
  • It's like a publicly traded corporate scout team with a large budget, whose mission is to identify and acquire a promising private company to bring to the stock market, all orchestrated by a top dealmaker (Michael Klein).

AI Analysis | Feedback

  • Initial Business Combination: Facilitating a merger, acquisition, or other business combination with one or more private operating businesses to bring them public.

AI Analysis | Feedback

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Based on the provided description, Infleqtion (symbol: INFQ) is a blank check company (a Special Purpose Acquisition Company, or SPAC). Its purpose is to effect a business combination with one or more businesses. At this stage, it has not selected any business combination target and has not initiated any substantive discussions with any target.

Therefore, Infleqtion does not currently have major customers, as it is not engaged in selling products or services to other companies or individuals. Its primary activity is to identify and complete an initial business combination.

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AI Analysis | Feedback

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AI Analysis | Feedback

Matt Kinsella, Chief Executive Officer
Matt Kinsella was appointed CEO of Infleqtion in April 2024. Prior to this role, he served as a partner and managing director at Maverick Ventures, where he was responsible for leading technology investments, including Maverick's investment in Infleqtion.

Ilan Hart, Chief Financial Officer
Ilan Hart was appointed Chief Financial Officer of Infleqtion, effective October 20, 2025. He brings nearly 30 years of financial and commercial leadership experience within advanced technology sectors, including over two decades at Intel. Most recently, Hart served as the CFO for Zoox, Amazon's autonomous vehicle company.

Dana Anderson, Chief Science Officer & Founder
Dana Anderson is a founder of Infleqtion. He is also a professor of physics at the University of Colorado, Boulder, where he contributed to the development of the first ultracold atom chip and collaborated with a Nobel Prize-winning team.

Pranav Gokhale, Chief Technology Officer & Co-founder
Pranav Gokhale is a co-founder of Infleqtion. His background includes extensive experience in various engineering and technical roles, including early career positions at the National Institute of Standards and Technology (NIST) and the Federal Trade Commission (FTC).

Paul Lipman, Chief Revenue Officer
Paul Lipman serves as the Chief Revenue Officer for Infleqtion. He has previously held strategic leadership roles within the company, including President and Chief Strategy Officer, where he focused on quantum AI applications.

AI Analysis | Feedback

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AI Analysis | Feedback

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AI Analysis | Feedback

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AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Infleqtion (INFQ) over the next 2-3 years:

  1. Increased Commercialization and Adoption of Quantum Computing Systems: Infleqtion expects future revenue growth through the continued development and deployment of its neutral-atom quantum computing systems, such as the Sqale platform. The company successfully delivered the UK's only operational 100-physical-qubit neutral-atom quantum computing system to the National Quantum Computing Centre in December 2025. Infleqtion aims to achieve greater than 30 logical qubits in 2026 and over 100 logical qubits by 2028, positioning its neutral-atom approach as a scalable path toward fault-tolerant quantum computing. The company has already sold three quantum computers.
  2. Expansion of Quantum Sensing and Precision Device Sales: Infleqtion's portfolio includes precision sensors, quantum clocks, RF receivers, and inertial sensors, all designed for real-world applications. Sales of these quantum sensors are a core revenue driver, with hundreds already sold. Notably, its inertial sensors provide GPS-independent navigation for aerospace and defense, a critical capability in contested environments. The company aims to ramp up sales of its quantum sensors.
  3. Growth through Strategic Partnerships and Government Contracts: Infleqtion has established partnerships and secured contracts with high-profile clients, including NVIDIA, the U.S. Department of War (referenced as U.S. Department of Defense in other contexts), NASA, and the U.K. government. These collaborations extend to significant projects, such as a $6.2 million ARPA-E contract for energy grid optimization, a $2 million U.S. Army contract for navigation systems, and over $20 million in NASA funding for a space-based quantum gravity sensor. The company reported approximately $50 million of booked and awarded business at year-end 2025, with a potential customer pipeline exceeding $300 million.
  4. Development and Launch of New Quantum Applications and Technologies: Future revenue growth is also anticipated from Infleqtion's ongoing research and development, which leverages its neutral-atom technology to create new applications and breakthroughs. For example, Infleqtion secured $3.9 million in federal funding from the U.S. Department of Energy for its QC3 project, aimed at advancing quantum computing applications in chemistry and materials science, including the discovery of new high-temperature superconductors. This focus on innovation is expected to unlock additional use cases in artificial intelligence, national security, space, and other emerging markets.

AI Analysis | Feedback

Share Issuance

  • Infleqtion became a publicly listed company on February 17, 2026, on the NYSE under the ticker symbol INFQ, following its business combination with Churchill Capital Corp X.

Inbound Investments

  • The business combination provided Infleqtion with over $550 million in gross proceeds.
  • This funding included nearly all of Churchill X's trust account and a Private Investment in Public Equity (PIPE) of more than $125 million from existing Infleqtion stockholders and new institutional investors.
  • The proceeds are intended to accelerate the commercialization of Infleqtion's quantum computing and sensing products.

Capital Expenditures

  • Infleqtion designs and builds quantum computers, precision sensors, and quantum software, which inherently requires ongoing investment in research, development, and specialized equipment.
  • The company has expanded collaborations, including with NVIDIA, to integrate its NVQLink quantum architecture with GPU-accelerated AI systems, leading to the installation of an NVQLink-enabled Sqale quantum computer at the Illinois Quantum & Microelectronics Park.
  • Infleqtion maintains offices in multiple locations across the U.S., Australia, and the United Kingdom, indicating capital investments in facilities and operational infrastructure.

Peer Outperformance in Systems Software

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Share of Systems Software constituents that INFQ has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
insufficient peer history
3Y
insufficient peer history
5Y
insufficient peer history
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Median price return by industry across the Information Technology sector, ranked by 5Y. Systems Software is INFQ's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Electronic Manufacturing Services 9 66.3%209.6%327.6% FLEX 749% · TTMI 715% · JBL 439%
Semiconductor Materials & Equipment 27 163.5%98.4%128.2% AEHR 1803% · AXTI 749% · KLAC 510%
Technology Distributors 9 26.9%60.7%79.8% CLMB 336% · AVT 149% · SNX 114%
Electronic Components 26 65.1%59.2%59.9% CLS 3347% · BELFA 1380% · LPTH 604%
Communications Equipment 35 39.8%76.0%44.2% AAOI 1850% · LITE 940% · FEIM 695%
Semiconductors 54 32.8%36.1%31.8% POET 1930% · MU 1323% · NVDA 945%
Internet Services & Infrastructure 6 18.0%39.3%24.6% DOCN 115% · GDDY 39% · VRSN 32%
Technology Hardware, Storage & Peripherals 22 34.2%72.1%24.0% STX 1003% · WDC 950% · SMCI 924%
Electronic Equipment & Instruments 27 -2.7%15.5%-3.2% PI 218% · SOTK 133% · NSSC 126%
IT Consulting & Other Services 28 -24.2%-6.5%-19.7% CHRN 634111% · APLD 2114% · INOD 707%
Application Software 123 -18.2%-8.8%-42.0% VIDA 127122% · INLX 5401% · PLTR 625%
Systems Software ← 69 -8.6%17.1%-50.7% QNC 930% · PANW 471% · PAYS 444%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

INFQGENPATHSCVLTEXYNMedian
NameInfleqti.Gen Digi.UiPath Sentinel.CommVaul.Exyn Tec. 
Mkt Price12.5528.1815.9220.94131.631.5818.43
Mkt Cap2.816.98.37.15.4-7.1
Rev LTM365,0791,6721,0491,216-1,216
Op Inc LTM-802,174101-306109-101
FCF LTM-171,54837537258-258
FCF 3Y Avg-1,66033811218-278
CFO LTM-151,57038463265-265
CFO 3Y Avg-1,67935236223-287

Growth & Margins

INFQGENPATHSCVLTEXYNMedian
NameInfleqti.Gen Digi.UiPath Sentinel.CommVaul.Exyn Tec. 
Rev Chg LTM-20.2%15.2%21.4%15.5%-17.8%
Rev Chg 3Y Avg-12.8%15.1%30.3%15.8%-15.4%
Rev Chg Q63.0%6.3%17.3%20.8%11.4%-17.3%
QoQ Delta Rev Chg LTM16.8%1.6%3.8%4.8%2.7%-3.8%
Op Inc Chg LTM-31.0%178.1%7.4%20.5%-25.7%
Op Inc Chg 3Y Avg-18.5%80.2%10.1%21.3%-19.9%
Op Mgn LTM-220.4%42.8%6.0%-29.2%9.0%-6.0%
Op Mgn 3Y Avg-37.9%-5.1%-39.2%9.1%-2.0%
QoQ Delta Op Mgn LTM-36.4%-0.3%2.5%1.7%0.0%-0.0%
CFO/Rev LTM-41.0%30.9%23.0%6.0%21.8%-21.8%
CFO/Rev 3Y Avg-39.4%23.6%3.8%21.5%-22.5%
FCF/Rev LTM-47.8%30.5%22.4%3.5%21.3%-21.3%
FCF/Rev 3Y Avg-39.0%22.7%0.8%21.0%-21.8%

Valuation

INFQGENPATHSCVLTEXYNMedian
NameInfleqti.Gen Digi.UiPath Sentinel.CommVaul.Exyn Tec. 
Mkt Cap2.816.98.37.15.4-7.1
P/S75.63.35.06.74.5-5.0
P/Op Inc-34.37.882.4-23.050.0-7.8
P/EBIT-34.38.282.4-23.053.1-8.2
P/E-39.316.025.5-22.179.7-16.0
P/CFO-184.510.821.7112.320.6-20.6
Total Yield-2.5%8.1%3.9%-4.5%1.3%-1.3%
Dividend Yield0.0%1.8%0.0%0.0%0.0%-0.0%
FCF Yield 3Y Avg-10.4%5.2%0.2%3.6%-4.4%
D/E0.00.50.00.00.2-0.0
Net D/E-0.20.5-0.1-0.1-0.0--0.1

Returns

INFQGENPATHSCVLTEXYNMedian
NameInfleqti.Gen Digi.UiPath Sentinel.CommVaul.Exyn Tec. 
1M Rtn26.9%8.4%32.2%11.3%-10.1%-48.7%9.9%
3M Rtn-14.6%13.9%50.6%15.6%24.2%-72.5%14.8%
6M Rtn-8.3%27.4%42.0%54.4%42.5%-68.4%34.7%
12M Rtn-19.5%-8.6%45.3%25.1%-25.4%-68.4%-14.0%
3Y Rtn-19.5%43.7%5.4%24.5%92.6%-68.4%15.0%
1M Excs Rtn20.7%8.7%46.9%13.0%-8.0%-53.3%10.9%
3M Excs Rtn9.5%10.4%45.0%13.7%23.1%-74.4%12.1%
6M Excs Rtn-19.6%16.0%30.7%43.1%31.2%-79.8%23.3%
12M Excs Rtn-38.7%-28.0%25.7%4.4%-44.4%-87.6%-33.3%
3Y Excs Rtn-91.7%-27.6%-69.2%-30.4%19.1%-140.6%-49.8%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20242023
Product revenue227
Service revenue74
Total2911


Price Behavior

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INFQ Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta4.893.103.981.080.100.95
Up Beta7.824.262.53-0.09-0.720.71
Down Beta3.760.981.071.692.701.84
Up Capture205%222%691%904%403%38%
Bmk +ve Days11223567138427
Stock +ve Days81829484848
Down Capture563%373%408%273%181%101%
Bmk -ve Days11212859114326
Stock -ve Days142534656565

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with INFQ
INFQ-19.6%115.9%0.15-
Sector ETF (XLK)40.7%26.0%1.2851.1%
Equity (SPY)20.3%12.9%1.1651.4%
Gold (GLD)36.2%28.7%1.0727.2%
Commodities (DBC)44.1%20.2%1.69-26.0%
Real Estate (VNQ)13.3%13.8%0.6613.3%
Bitcoin (BTCUSD)-38.8%43.2%-1.0128.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with INFQ
INFQ-4.2%115.9%0.15-
Sector ETF (XLK)19.8%25.9%0.6851.1%
Equity (SPY)12.8%17.2%0.5751.4%
Gold (GLD)20.4%18.6%0.8927.2%
Commodities (DBC)10.2%19.6%0.40-26.0%
Real Estate (VNQ)2.4%18.9%0.0213.3%
Bitcoin (BTCUSD)9.3%52.7%0.3628.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with INFQ
INFQ-2.1%115.9%0.15-
Sector ETF (XLK)24.1%24.9%0.8851.1%
Equity (SPY)15.2%17.9%0.7251.4%
Gold (GLD)12.4%16.2%0.6327.2%
Commodities (DBC)8.1%18.1%0.37-26.0%
Real Estate (VNQ)4.9%20.7%0.2013.3%
Bitcoin (BTCUSD)61.0%66.1%1.0128.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7312026
Short Interest: Shares Quantity27.2 Mil
Short Interest: % Change Since 7152026-4.0%
Average Daily Volume9.6 Mil
Days-to-Cover Short Interest2.8 days
Basic Shares Quantity219.7 Mil
Short % of Basic Shares12.4%

Earnings Returns History

Updated 8/21/2026
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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/12/2026-1.5%1.1% 
5/14/2026-11.0%5.2%6.1%
SUMMARY STATS   
# Positive021
# Negative200
Median Positive 3.2%6.1%
Median Negative-6.2%  
Max Positive 5.2%6.1%
Max Negative-11.0%  
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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/12/2026-1.5%1.1% 
5/14/2026-11.0%5.2%6.1%
SUMMARY STATS   
# Positive021
# Negative200
Median Positive 3.2%6.1%
Median Negative-6.2%  
Max Positive 5.2%6.1%
Max Negative-11.0%  

SEC Filings

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Report DateFiling DateFiling
06/30/202608/18/202610-Q
03/31/202605/15/202610-Q
09/30/202501/05/2026S-4
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Report DateFiling DateFiling
06/30/202608/18/202610-Q
03/31/202605/15/202610-Q
09/30/202501/05/2026S-4

Recent Forward Guidance

Updated 8/13/2026

Latest: Q2 2026 Earnings Reported 8/12/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q3 2026 Payroll Tax Remittance 27.40 Mil    
2026 Revenue 43.00 Mil 7.5% RaisedGuidance: 40.00 Mil for 2026
2026 Logical Qubits 30    

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Insider Activity

Updated 8/14/2026
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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Maverick, Capital Ltd See FootnotesBuy814202612.4252,071  Form
2Maverick, Capital Ltd See FootnotesSell814202612.191,609  Form
3Maverick, Capital Ltd See FootnotesSell814202611.821,079  Form
4Maverick, Capital Ltd See FootnotesSell814202611.695,488  Form
5Maverick, Capital Ltd See FootnotesSell814202611.876,346  Form
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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Maverick, Capital Ltd See FootnotesBuy814202612.4252,071  Form
2Maverick, Capital Ltd See FootnotesSell814202612.191,609  Form
3Maverick, Capital Ltd See FootnotesSell814202611.821,079  Form
4Maverick, Capital Ltd See FootnotesSell814202611.695,488  Form
5Maverick, Capital Ltd See FootnotesSell814202611.876,346  Form
6Maverick, Capital Ltd See FootnotesSell814202611.098,057  Form
7Maverick, Capital Ltd See FootnotesSell814202610.881,324  Form
8Maverick, Capital Ltd See FootnotesSell814202611.4428,168  Form
9Gokhale, PranavChief Technology OfficerDirectSell605202617.73120,0002,127,60039,342,515Form
10Johnson, Kristina MSee footnoteSell601202618.0020,000360,000236,160Form
11Johnson, Kristina MDirectSell601202616.4530,000  Form
12Singer, David B See FootnotesSell529202616.101,797,637  Form
13Maverick, Capital Ltd See FootnotesSell529202616.101,797,637  Form
14Lipman, PaulChief Revenue OfficerDirectSell528202615.83100,000  Form
15Maverick, Capital Ltd See FootnotesSell526202616.775,323,111  Form
16Maverick, Capital Ltd See FootnotesSell526202614.696,584,519  Form
Core Cache Last Updated: 8/20/2026