CCIXU
CCIXU
Churchill Capital Corp IXIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $0 | $1.15M ▲ | $1.49M ▼ | 0% | $0.04 ▼ | $-1.15M ▼ |
| Q4-2025 | $0 | $400.02K ▼ | $2.68M ▲ | 0% | $0.07 ▲ | $2.68M ▲ |
| Q3-2025 | $0 | $915.91K ▼ | $2.32M ▲ | 0% | $0.06 ▲ | $2.32M ▲ |
| Q2-2025 | $0 | $2.34M ▲ | $842.37K ▼ | 0% | $0.02 ▼ | $-2.34M ▼ |
| Q1-2025 | $0 | $283.45K | $2.71M | 0% | $0.07 | $2.71M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $167.8K ▲ | $310.55M ▲ | $11.51M ▲ | $299.04M ▲ |
| Q4-2025 | $2.47K ▼ | $307.78M ▲ | $10.24M ▲ | $297.54M ▲ |
| Q3-2025 | $178.77K ▼ | $305.01M ▲ | $10.14M ▼ | $294.87M ▲ |
| Q2-2025 | $426.05K ▼ | $303.15M ▲ | $10.61M ▲ | $292.54M ▲ |
| Q1-2025 | $2.22M | $301.88M | $10.18M | $291.7M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $1.49M ▼ | $-334.67K ▼ | $0 | $500K ▲ | $165.33K ▲ | $-334.67K ▼ |
| Q4-2025 | $2.68M ▲ | $-176.31K ▲ | $0 ▼ | $0 | $-176.31K ▲ | $-176.31K ▲ |
| Q3-2025 | $2.32M ▲ | $-1.25M ▲ | $1M ▲ | $0 | $-247.28K ▲ | $-1.25M ▲ |
| Q2-2025 | $842.37K ▼ | $-1.79M ▼ | $0 | $0 | $-1.79M ▼ | $-1.79M ▼ |
| Q1-2025 | $2.71M | $-192.59K | $0 | $0 | $-192.59K | $-192.59K |
5-Year Trend Analysis
A comprehensive look at Churchill Capital Corp IX's financial evolution and strategic trajectory over the past five years.
CCIXU benefits from a clean, debt-free capital structure, substantial equity backing, and the ability to earn interest income on its capital while it completes its transaction. The pending merger with PlusAI links it to a high-potential technology platform with strong partners across OEMs, suppliers, and major fleets, as well as a software-centric business model that could support attractive economics if scaled. The balance sheet is large relative to historical size, offering a financial base for the transition from shell to operator.
The company currently has no operating revenue, rising overhead costs, and negative cash flow, with limited readily available cash after earlier inflows. All of the long-term value hinges on successfully closing the PlusAI merger and then executing on a complex, risky commercialization plan in autonomous trucking. Competitive intensity, regulatory and safety demands, potential SPAC shareholder redemptions, and the long timeline to meaningful revenue all add layers of uncertainty. Persistent negative retained earnings also highlight that, despite recent accounting profits, there is not yet a history of sustained economic profitability.
Looking ahead, CCIXU’s near-term outlook is dominated by transaction risk and cash management: securing shareholder approval, finalizing the merger, and ensuring sufficient funding for the combined business. The longer-term outlook will depend on PlusAI’s ability to turn its technology and partnerships into reliable, safe, and commercially accepted autonomous trucking solutions. If milestones around safety, OEM integration, and corridor deployments are met, the business could evolve into a scaled, high-margin software provider—but the path involves substantial execution, regulatory, and market risks, and outcomes are likely to be highly variable.
About Churchill Capital Corp IX
http://www.churchillcapital9.comChurchill Capital Corp. IX is a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded by Michael Klein on December 18, 2023 and is headquartered in New York, NY.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $0 | $1.15M ▲ | $1.49M ▼ | 0% | $0.04 ▼ | $-1.15M ▼ |
| Q4-2025 | $0 | $400.02K ▼ | $2.68M ▲ | 0% | $0.07 ▲ | $2.68M ▲ |
| Q3-2025 | $0 | $915.91K ▼ | $2.32M ▲ | 0% | $0.06 ▲ | $2.32M ▲ |
| Q2-2025 | $0 | $2.34M ▲ | $842.37K ▼ | 0% | $0.02 ▼ | $-2.34M ▼ |
| Q1-2025 | $0 | $283.45K | $2.71M | 0% | $0.07 | $2.71M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $167.8K ▲ | $310.55M ▲ | $11.51M ▲ | $299.04M ▲ |
| Q4-2025 | $2.47K ▼ | $307.78M ▲ | $10.24M ▲ | $297.54M ▲ |
| Q3-2025 | $178.77K ▼ | $305.01M ▲ | $10.14M ▼ | $294.87M ▲ |
| Q2-2025 | $426.05K ▼ | $303.15M ▲ | $10.61M ▲ | $292.54M ▲ |
| Q1-2025 | $2.22M | $301.88M | $10.18M | $291.7M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $1.49M ▼ | $-334.67K ▼ | $0 | $500K ▲ | $165.33K ▲ | $-334.67K ▼ |
| Q4-2025 | $2.68M ▲ | $-176.31K ▲ | $0 ▼ | $0 | $-176.31K ▲ | $-176.31K ▲ |
| Q3-2025 | $2.32M ▲ | $-1.25M ▲ | $1M ▲ | $0 | $-247.28K ▲ | $-1.25M ▲ |
| Q2-2025 | $842.37K ▼ | $-1.79M ▼ | $0 | $0 | $-1.79M ▼ | $-1.79M ▼ |
| Q1-2025 | $2.71M | $-192.59K | $0 | $0 | $-192.59K | $-192.59K |
5-Year Trend Analysis
A comprehensive look at Churchill Capital Corp IX's financial evolution and strategic trajectory over the past five years.
CCIXU benefits from a clean, debt-free capital structure, substantial equity backing, and the ability to earn interest income on its capital while it completes its transaction. The pending merger with PlusAI links it to a high-potential technology platform with strong partners across OEMs, suppliers, and major fleets, as well as a software-centric business model that could support attractive economics if scaled. The balance sheet is large relative to historical size, offering a financial base for the transition from shell to operator.
The company currently has no operating revenue, rising overhead costs, and negative cash flow, with limited readily available cash after earlier inflows. All of the long-term value hinges on successfully closing the PlusAI merger and then executing on a complex, risky commercialization plan in autonomous trucking. Competitive intensity, regulatory and safety demands, potential SPAC shareholder redemptions, and the long timeline to meaningful revenue all add layers of uncertainty. Persistent negative retained earnings also highlight that, despite recent accounting profits, there is not yet a history of sustained economic profitability.
Looking ahead, CCIXU’s near-term outlook is dominated by transaction risk and cash management: securing shareholder approval, finalizing the merger, and ensuring sufficient funding for the combined business. The longer-term outlook will depend on PlusAI’s ability to turn its technology and partnerships into reliable, safe, and commercially accepted autonomous trucking solutions. If milestones around safety, OEM integration, and corridor deployments are met, the business could evolve into a scaled, high-margin software provider—but the path involves substantial execution, regulatory, and market risks, and outcomes are likely to be highly variable.

CEO
Michael S. Klein
Compensation Summary
(Year )
Ratings Snapshot
Rating : C

