X-Energy secured a $1 billion federal cost-share award from the U.S. Department of Energy. The funding supports the deployment of a small modular nuclear power plant in Texas. This capital injection aims to de-risk the company's balance sheet during the transition from demonstration to commercial use.
Second-quarter 2026 revenue reached $54.6 million. This figure represents a 154% increase year-over-year.
The company reported a non-GAAP loss of $0.15 per share. This result missed analyst estimates by $0.05. Management attributed the loss to ongoing research and development investments.