X-energy reports Q2 revenues up 154% YoY, secures HALEU supply agreements

Filed August 13, 2026 · Period ending August 13, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 revenues and grant income totaled $54.6M, up 154% from $21.5M in Q2 2025, driven by expanded activity under the DOE's Advanced Reactor Demonstration Program. Six-month revenues reached $98.0M, up 132% YoY.

  Exhibit 99.1 view on EDGAR →
• high

  Entered long-term HALEU enrichment supply agreements with Centrus Energy and General Matter to support deployment of Xe-100 small modular reactors. Management characterized the agreements as meaningfully de-risking reactor deployment.

  Exhibit 99.1 view on EDGAR →
• high

  Completed April 2026 IPO raising ~$1.1B in net proceeds. Total liquidity as of June 30, 2026 was $1.9B (cash, short-term and long-term investments), with no debt outstanding.

  Exhibit 99.1 view on EDGAR →