X-Energy Stock Hits Post-IPO Low After First Earnings Report
X-Energy, backed by Amazon, reported its first quarterly earnings since its IPO on April 24. The stock plunged to an all-time low as losses widened significantly year-over-year, while nuclear energy stocks continued to cool.
X-Energy, the nuclear energy company backed by Amazon (AMZN), reported its first quarterly earnings as a public company on Thursday, following its stock market debut on April 24. The company's shares (ticker: XE) dived to a record low after posting far wider losses than a year ago, as nuclear stocks continued to lose momentum.
Key Financial Results
| Metric | Q1 2026 | Q1 2025 (YoY) |
|---|---|---|
| Revenue | Not disclosed | Not disclosed |
| Net Loss | Significantly wider | Narrower |
| EPS | Not disclosed | Not disclosed |
Note: The report did not provide specific revenue or EPS figures.
Highlights from the Statement
The company attributed the wider losses to higher costs associated with becoming a public company, but did not provide detailed numerical breakdowns.
Guidance
X-Energy did not provide any financial guidance for the upcoming quarter.
Impact on the Stock
XE shares fell more than 15% on Thursday, hitting an all-time low. The decline comes amid a broader pullback in nuclear energy stocks, particularly small modular reactor (SMR) companies, as investors reassess the pace of commercial adoption.
What This Means for Investors
X-Energy's first earnings report as a public company highlights the challenges nuclear startups face in achieving profitability. Investors will be watching closely for cost reduction progress and long-term contract wins.
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