X-Energy: 11 Percent Jump on Q2 Figures
Article excerpt
The X-Energy share recorded a significant price jump of 11 percent to 22.69 US dollars today, Thursday. The reason for the increased investor interest is the presentation of the financial results for the second quarter of 2026. The company, which specializes in the development of small modular reactors (SMR), was able to massively increase its revenues compared to the previous year and has a significant cash cushion after its IPO. For the second quarter of 2026, the company reports revenues, including government grants, of 54.6 million US dollars. This represents an increase of 154 percent compared to the previous year's figure of 21.5 million US dollars. For the entire first half of the year, revenues thus amount to 98.0 million US dollars, which corresponds to an increase of 132 percent compared to the previous year. Despite strong revenue growth, the operating loss expanded to 110.0 million US dollars in the second quarter. Adjusted EBITDA was minus 70.5 million US dollars. These figures reflect the high investments in the development of the reactor pipeline. Currently, the company's planning includes 144 units of the Xe-100 type with a total capacity of approximately 11.5 gigawatts of electrical power. A central pillar for future development is the strong liquidity position. As of June 30, 2026, the company had cash and cash equivalents of 1.90 billion US dollars. This...
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In Oak Ridge, the company acquired an additional 70 acres of land to expand its campus for fuel manufacturing there.
