X-Energy, Inc. (XE)

NASDAQ: XE · Real-Time Price · USD

20.64

-2.01 (-8.87%)

At close: Aug 10, 2026, 4:00 PM EDT

20.72

+0.08 (0.39%)

After-hours: Aug 10, 2026, 7:59 PM EDT

X-Energy Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	109.1	109.1	120.15	133.04
Revenue Growth	-	-9.20%	-9.69%	-
Gross Profit	-52.27	-52.27	-9.96	-66.54
Operating Income	-170.3	-170.3	-123.51	-137.39
Net Income	-389.78	-389.78	-125.96	-231.22

Revenue by Segment

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Department of Energy (DoE)	89.4	78.03
Commercial	14.26	31.42
Department of Defense (DoD)	5.44	10.71
Revenue (Total)	109.1	120.15

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Investments	673.59	763.84	514.6	14.4
Total Debt	24.79	20.89	28.88	189.48
Net Cash (Debt)	648.8	742.95	485.73	-175.08
Net Cash Growth	33.57%	52.96%	-	-

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Operating Cash Flow	-149.86	-149.86	-96.16	-159.58
Capital Expenditures	-117.24	-117.24	-4.16	-2.98
Free Cash Flow	-267.1	-267.1	-100.32	-162.56
Free Cash Flow Growth	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Gross Margin	-47.91%	-47.91%	-8.29%	-50.02%
Operating Margin	-156.09%	-156.09%	-102.80%	-103.27%
Pretax Margin	-357.27%	-357.27%	-104.83%	-173.79%
Profit Margin	-357.27%	-357.27%	-104.83%	-173.80%
FCF Margin	-244.82%	-244.82%	-83.50%	-122.19%