This page shows Inflection Point Acquisition Corp. III (IPCX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
For every $1 of reported earnings, Inflection Point Acquisition Corp. III generates $-2.89 in operating cash flow (-$1.4M OCF vs $498K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Inflection Point Acquisition Corp. III generated $100.0M in revenue in fiscal year 2025.
Inflection Point Acquisition Corp. III reported $498K in net income in fiscal year 2025.
Inflection Point Acquisition Corp. III earned $0.63 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
Inflection Point Acquisition Corp. III held $1.1M in cash against $0 in long-term debt as of fiscal year 2025.
Inflection Point Acquisition Corp. III had 26M shares outstanding in fiscal year 2025.
Margins & Returns
Inflection Point Acquisition Corp. III's operating margin was -6.5% in fiscal year 2025, reflecting core business profitability.
Inflection Point Acquisition Corp. III's net profit margin was 0.5% in fiscal year 2025, showing the share of revenue converted to profit.
Capital Allocation
IPCX Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q4'24 |
|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $2.8M+493.4% | $467K+481.7% | $80K | N/A | $17K+179.6% | $6K |
| Operating Income | -$2.8M-493.4% | -$467K-481.7% | -$80K | N/A | -$17K-179.6% | -$6K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$91K+92.5% | -$1.2M-1415.4% | -$80K | N/A | -$17K-179.6% | -$6K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A |
IPCX Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q4'24 |
|---|---|---|---|---|---|---|
| Total Assets | $259.1M+0.9% | $256.7M+47860.1% | $535K+64.2% | $326K | N/A | N/A |
| Current Assets | $1.5M-43.5% | $2.6M+30406.8% | $9K+56.1% | $6K | N/A | N/A |
| Cash & Equivalents | $1.3M-15.8% | $1.5M | N/A | N/A | N/A | N/A |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $272.1M+1.9% | $267.0M+39371.2% | $676K+74.9% | $387K | N/A | N/A |
| Current Liabilities | $425K+68.6% | $252K-60.9% | $644K+72.9% | $372K | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$13.0M-27.0% | -$10.3M-7173.0% | -$141K-132.1% | -$61K-2723.9% | $2K-87.8% | $19K |
| Retained Earnings | -$13.0M-27.0% | -$10.3M-6079.1% | -$166K-93.6% | -$86K | N/A | N/A |
IPCX Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q4'24 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -$299K | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $0 | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $60K | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A |
IPCX Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q4'24 |
|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | -721.1%-689.7pp | -31.4% |
| Return on Assets | -0.0%+0.4pp | -0.5%+14.5pp | -15.0% | N/A | N/A | N/A |
| Current Ratio | 3.50-7.0 | 10.46+10.4 | 0.010.0 | 0.01 | N/A | N/A |
| Debt-to-Equity | -20.87+5.1 | -26.01-21.2 | -4.79+1.6 | -6.36 | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$13.7M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
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Frequently Asked Questions
What is Inflection Point Acquisition Corp. III's annual revenue?
Inflection Point Acquisition Corp. III (IPCX) reported $100.0M in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Inflection Point Acquisition Corp. III profitable?
Yes, Inflection Point Acquisition Corp. III (IPCX) reported a net income of $498K in fiscal year 2025, with a net profit margin of 0.5%.
What is Inflection Point Acquisition Corp. III's operating margin?
Inflection Point Acquisition Corp. III (IPCX) had an operating margin of -6.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Inflection Point Acquisition Corp. III's net profit margin?
Inflection Point Acquisition Corp. III (IPCX) had a net profit margin of 0.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Inflection Point Acquisition Corp. III's operating cash flow?
Inflection Point Acquisition Corp. III (IPCX) generated -$1.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Inflection Point Acquisition Corp. III's total assets?
Inflection Point Acquisition Corp. III (IPCX) had $261.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Inflection Point Acquisition Corp. III's current ratio?
Inflection Point Acquisition Corp. III (IPCX) had a current ratio of 2.84 as of fiscal year 2025, which is generally considered healthy.
What is Inflection Point Acquisition Corp. III's debt-to-equity ratio?
Inflection Point Acquisition Corp. III (IPCX) had a debt-to-equity ratio of -20.11 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Inflection Point Acquisition Corp. III's return on assets (ROA)?
Inflection Point Acquisition Corp. III (IPCX) had a return on assets of 0.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Inflection Point Acquisition Corp. III's cash runway?
Based on fiscal year 2025 data, Inflection Point Acquisition Corp. III (IPCX) had $1.1M in cash against an annual operating cash burn of $1.4M. This gives an estimated cash runway of approximately 9 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Inflection Point Acquisition Corp. III's debt-to-equity ratio negative or unusual?
Inflection Point Acquisition Corp. III (IPCX) has negative shareholder equity of -$13.7M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. 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.
Are Inflection Point Acquisition Corp. III's earnings high quality?
Inflection Point Acquisition Corp. III (IPCX) has an earnings quality ratio of -2.89x, considered low quality (accrual-driven). 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.