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X-Energy, Inc. Class A Common Stock (XE) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY · DATA UPDATED 2026-08-16

X-Energy, Inc. Class A Common Stock (XE) operates in the SPECIALTY INDUSTRIAL MACHINERY industry and is headquartered in Rockville, United States with about 889 employees. Its market capitalization is roughly $6 billion. In the fiscal year ended 2025-12-31, XE reported $109M in revenue and ($390M) in net income.

X-Energy, Inc. designs and develops nuclear reactor technology. The company manufactures nuclear fuels. It provides the Xe-100 reactor that is designed to generate 80 megawatts of electric power or 200 megawatts of thermal output (heat) and TRISO-X, a fuel for reactors.

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XE Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312022-12-312021-12-31
Total Revenue$98M$109M$84M$105M$77M
Gross Profit($52M)($46M)($43M)($31M)
Gross Margin %-47.9%-54.9%-40.6%-39.7%
Operating Income (EBIT)($170M)($124M)($103M)($61M)
Operating Margin %-156.1%-147.1%-98.1%-79.0%
Net Income($225M)($390M)($126M)($122M)($64M)
Net Margin %-229.9%-357.3%-150.0%-116.5%-83.2%
EBITDA($169M)($110M)($62M)
Earnings Per Share (EPS)$-0.80$-1.43$-0.46$-3.51$-1.84
Shares Outstanding (M)280M273M35M35M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

XE Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-03-31
Total Revenue$55M$43M$17M
Gross Profit($22M)($12M)
Gross Margin %-50.5%-68.1%
Operating Income (EBIT)($66M)($26M)
Operating Margin %-152.2%-153.9%
Net Income($59M)($166M)($10M)
Net Margin %-108.2%-382.8%-59.8%
EBITDA($66M)
Earnings Per Share (EPS)$-0.21$-8.32
Shares Outstanding (M)280M20M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

XE Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312022-12-312021-12-31
Cash from Operations (CFO)($165M)($150M)($96M)($96M)($77M)
Capital Expenditures (CapEx)$106M$117M$4M$1M$0M
Free Cash Flow (FCF)($271M)($267M)($100M)($97M)($78M)
FCF Margin %-276.3%-244.8%-119.4%-92.2%-100.7%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

XE Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-03-31
Cash from Operations (CFO)($97M)($67M)($42M)
Capital Expenditures (CapEx)$63M$43M$11M
Free Cash Flow (FCF)($161M)($110M)($53M)
FCF Margin %-294.2%-253.8%-310.6%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

XE Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312022-12-312021-12-31
Total Assets$2.3B$1.2B$580M$127M$88M
Cash & Cash Equivalents$1.1B$459M$515M$73M$36M
Total Liabilities$160M$369M$1.3B$543M$396M
Total Debt (Short + Long-Term)$0M$2M$0M$170M$40M
Total Shareholders' Equity$1.8B$842M($754M)$0M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive XE viewer.

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