X-Energy, Inc. (NASDAQ:XE)
Insiders here have filed 1 Form 4 in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Loses money on what it sells.
- Revenue
- $148.8M
- Net income
- -$297.0M
- Net margin
- -199.6%
Little or no net debt.
- Total debt
- $26.8M
- Cash
- $1.15B
- Debt / equity
- 0.01
Comfortably covers what is due within a year.
- Current assets
- $1.79B
- Current liabilities
- $104.3M
- Current ratio
- 17.20
Consumes cash and must keep raising it.
- Operating cash flow
- -$241.7M
- Free cash flow
- -$410.3M
- FCF margin
- -275.7%
Not funding itself by issuing shares.
- Shares outstanding
- 280.1M
- Share growth (1y)
- 2.5%
- Cash runway
- 57 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
XE Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 |
| Revenue | 54.60 M | 43.42 M | 33.85 M | 16.92 M | 17.09 M | 23.67 M |
| Revenue Growth (YoY) | 219.47 % | 83.44 % | — | — | — | — |
| Cost of Revenue | 87.30 M | 65.36 M | 57.69 M | 36.13 M | 28.72 M | 31.19 M |
| Gross Profit | -32.70 M | -21.94 M | -23.84 M | -19.21 M | -11.63 M | -7.52 M |
| SG&A Expense | 77.73 M | 44.12 M | 38.87 M | 27.35 M | 17.98 M | 16.06 M |
| R&D Expense | 244.00 K | 55.00 K | 332.00 K | 808.00 K | 402.00 K | 698.00 K |
| Operating Expenses | 77.34 M | 44.17 M | 36.69 M | 23.57 M | 14.67 M | 61.57 M |
| Operating Income | -110.03 M | -66.11 M | -60.52 M | -42.78 M | -26.30 M | -69.09 M |
| Pretax Income | -105.33 M | -166.22 M | -71.70 M | -88.85 M | -10.21 M | -47.24 M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -59.09 M | -166.22 M | -71.70 M | 0.00 | -10.21 M | -47.24 M |
| EPS (Basic) | -0.21 | -0.61 | 0.00 | 0.00 | -0.04 | -2.76 |
| EPS (Diluted) | -0.21 | -0.61 | 0.00 | 0.00 | -0.04 | -2.76 |
| Shares Outstanding | 280.15 M | 19.97 M | 0.00 | 0.00 | 273.44 M | 17.09 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.