X-energy develops advanced nuclear technology centered on the Xe-100, a high-temperature gas-cooled small modular reactor, and proprietary TRISO-X nuclear fuel. The design targets both electricity generation and high-temperature industrial process heat, with modular plants that can be scaled by combining multiple reactor units. The business model emphasizes licensing reactor technology and selling fuel rather than owning and operating power plants long term.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 17.1 | — | -10.2 | — |
| Q2 2025 | 16.9 | — | 0 | — |
| Q1 2026 | 39.9 | 133.5% | -166.2 | — |
| Q2 2026 | 50.1 | 196.2% | -59.1 | — |
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