Newest figures come from the 10-Q for Q1 FY2026, filed May 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CCCXW SEC filings page.
This page shows Churchill Capital Corp X Warrants (CCCXW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
We do not publish a peer-relative financial health score for Churchill Capital Corp X Warrants, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Churchill Capital Corp X Warrants reported a net loss of $66.9M while operations used $2.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Churchill Capital Corp X Warrants generated $9.5M in revenue in Q1 2026.
Churchill Capital Corp X Warrants's EBITDA was -$32.6M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization.
Churchill Capital Corp X Warrants reported a net loss of $30.3M in Q1 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative.
Churchill Capital Corp X Warrants earned -$0.26 per diluted share (EPS) in Q1 2026.
Cash & Balance Sheet
Churchill Capital Corp X Warrants held $84.7M in cash as of Q1 2026; no long-term debt figure is on record for that period.
Not reported for Q1 2026.
Not reported for Q1 2026.
Margins & Returns
Churchill Capital Corp X Warrants's gross margin was 21.0% in Q1 2026, indicating the percentage of revenue retained after direct costs.
Churchill Capital Corp X Warrants's quarterly ROE was -5.2% in Q1 2026: one quarter's net income over shareholder equity, not annualized.
Not shown for Q1 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q1 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Churchill Capital Corp X Warrants invested $10.0M in research and development in Q1 2026.
Not reported for Q1 2026.
Not reported for Q1 2026.
CCCXW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.5M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | $7.5M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $2.0M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $10.0M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $26.3M+144515.4% | N/A | $1.2M+1789094.2% | $185K+2462.0% | $18K-59.2% | N/A | $69 | $7K |
| Operating Income | -$33.6Mn/m | N/A | -$7.3Mn/m | -$185Kn/m | -$18Kn/m | N/A | -$69 | -$7K |
| EBITDA | -$32.6M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $0n/m | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
| Net Income | -$30.3Mn/m | N/A | -$33.4Mn/m | $2.0Mn/m | -$18Kn/m | N/A | -$69 | -$7K |
| EPS (Basic) | -$0.26 | N/A | N/A | N/A | -$0.41n/m | N/A | N/A | N/A |
| EPS (Diluted) | -$0.26 | N/A | N/A | N/A | -$0.41n/m | N/A | N/A | N/A |
| Diluted Shares (Avg) | 118M | N/A | N/A | N/A | 15M+63.8% | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Interest Expense.
CCCXW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $612.6M+358399.4% | $115.3M+72912.0% | $421.3M | $418.1M | $171K | $158K | N/A | N/A |
| Current Assets | $464.9M | $74.6Mn/m | $1.5M | $1.6M | N/A | $0 | N/A | N/A |
| Cash & Equivalents | $84.7Mn/m | $11.7Mn/m | $1.1Mn/m | $1.2Mn/m | $0n/m | $0 | $0 | $0 |
| Inventory | $4.9M | $4.3M | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $6.9M | $9.5M | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $9.3M | $9.3M | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $27.4M-85.4% | $323.6M+76.5% | $459.2M | $418.3M | $187.4M | $183.3M | N/A | N/A |
| Current Liabilities | $23.6M+10803.6% | $22.7M+12165.3% | $36.7M | $103K | $216K | $185K | N/A | N/A |
| Non-Current Liabilities | $3.8M-98.0% | $300.9M+64.3% | $422.6M | $418.2M | $187.2M | $183.1M | N/A | N/A |
| Total Equity | $585.3Mn/m | -$208.2Mn/m | -$38.0Mn/m | -$202Kn/m | -$187.3Mn/m | -$183.2M | -$27K | -$27K |
| Retained Earnings | -$261.3Mn/m | -$231.1Mn/m | -$38.0M | -$203K | -$70K | -$52K | N/A | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments, Long-Term Debt.
CCCXW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$19.2Mn/m | -$433Kn/m | -$1.1Mn/m | $6.2Mn/m | $0n/m | $0 | $0 | $0 |
| Depreciation & Amortization | $948K+35.2% | N/A | N/A | N/A | $701K | N/A | N/A | N/A |
| Stock-Based Compensation | $8.3M+641.8% | N/A | N/A | N/A | $1.1M | N/A | N/A | N/A |
| Investing Cash Flow | -$433.1Mn/m | $0n/m | $1.0Mn/m | -$413.6M | -$408K | $0 | $0 | N/A |
| Financing Cash Flow | $525.2Mn/m | $0n/m | -$15Kn/m | $416.3M | -$342K | $0 | $0 | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
CCCXW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -354.9% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | -319.9% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | -5.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -4.9%+5.7pp | N/A | -7.9% | 0.5% | -10.7% | N/A | N/A | N/A |
| Current Ratio | 19.74 | 3.29+3.3x | 0.04 | 15.89 | N/A | 0.00 | N/A | N/A |
| Liabilities-to-Equity | 0.05 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Asset Turnover | 0.02 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Debt-to-Equity, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: Shareholder equity is negative (-$208.2M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Where Churchill Capital Corp X Warrants Ranks
Frequently Asked Questions
No, Churchill Capital Corp X Warrants (CCCXW) reported a net loss of $66.9M in fiscal year 2025.
Churchill Capital Corp X Warrants (CCCXW) recorded an outflow of $2.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Churchill Capital Corp X Warrants (CCCXW) had $115.3M in total assets as of fiscal year 2025, including both current and long-term assets.
Churchill Capital Corp X Warrants (CCCXW) had a current ratio of 3.29 as of fiscal year 2025, which is generally considered healthy.
Churchill Capital Corp X Warrants (CCCXW) had a return on assets of -58.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Churchill Capital Corp X Warrants (CCCXW) has negative shareholder equity of -$208.2M as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
Churchill Capital Corp X Warrants (CCCXW) reported a net loss of $66.9M while operations used $2.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.