Every 8-K that X-ENERGY INC (XE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow XE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full XE filings page.
X-Energy, Inc. reported strong top-line growth for the quarter ended June 30, 2026, with total revenues and grant income of $54.6 million, up 154% from the prior-year quarter, driven mainly by higher activity under its DOE Advanced Reactor Demonstration Program agreement. For the first six months, revenues and grant income reached $98.0 million, up 132% year over year.
Operating scale-up remains costly: total operating expenses were $164.6 million in the quarter, resulting in an operating loss of $110.0 million and Adjusted EBITDA of $(70.5) million. For the six months, net cash used in operating activities was $164.6 million and net cash used in investing activities was $239.6 million, reflecting higher project and construction spending.
Liquidity improved significantly following the Nasdaq listing and IPO, which generated approximately $1.1 billion in net proceeds. As of June 30, 2026, cash and cash equivalents were $1,145.4 million, short-term investments $489.8 million, and long-term investments $264.6 million, for total liquidity of $1.90 billion, with no debt outstanding. Operationally, X-energy advanced HALEU enrichment supply agreements, expanded graphite supply capacity with SGL Carbon, progressed construction of its TX-1 fuel facility, secured an $11 million Tennessee grant, and reported a project pipeline of 144 Xe-100 reactors totaling about 11.5 GWe.
X-Energy, Inc. reported strong top-line growth and a much larger loss for the first quarter of 2026 while also highlighting its new public-company status and upcoming lock-up expiration. Total revenues and grant income were $43.4 million, up 109% from $20.8 million a year earlier, driven mainly by higher activity under its Advanced Reactor Demonstration Program agreement with the U.S. Department of Energy. Operating expenses rose faster, up 133% to $109.5 million, leading to a net loss of $166.2 million versus $10.2 million in the prior-year quarter, including a large non-cash loss tied to warrant liabilities.
Cash used in operations was $67.3 million, and cash used in investing reached $166.0 million, reflecting significant capital spending and purchases of investments. As of March 31, 2026, X-Energy held $944.0 million in cash, cash equivalents and investments with no debt, and in April it raised approximately $1.1 billion in net IPO proceeds, bringing liquidity (including IPO proceeds) to about $2.0 billion. The company reported a project pipeline of 144 reactors totaling roughly 11.5 gigawatts electric across the U.S. and U.K., anchored by Dow, Amazon and Centrica. X-Energy also disclosed that IPO lock-up agreements for officers, directors and major holders are expected to end early on September 1, 2026, making those shares eligible for sale subject to trading limitations.
X-Energy, Inc. is sharing an investor presentation that explains its advanced small modular reactor (Xe-100) and TRISO-X fuel business model, recent milestones, and growth plans. The company focuses on licensing reactor technology, providing engineering and lifecycle services, and manufacturing nuclear fuel rather than owning plants or taking construction risk.
The presentation highlights a 10-year graphite supply agreement with SGL Carbon exceeding $100M, a ~$1.1B net IPO capital raise, and visibility to about 11.5 gigawatts across 144 planned Xe-100 reactors. Each four-reactor 320 MWe plant is projected to generate roughly $2.4B–$4.7B in lifetime revenue, with estimated gross margins of 30–55%. Management cites a potential ~$2.3T revenue opportunity by 2050 across the U.S., Canada, and U.K. advanced nuclear market.
X-energy describes progress on its TRISO-X fuel facilities in Oak Ridge, including a first-of-a-kind commercial advanced nuclear fuel fabrication plant (TX-1) supported by a roughly $150M DOE tax credit and an NRC Category II license. The company also notes blue-chip relationships with customers such as Dow and Amazon and outlines a strategy to scale from first-of-a-kind projects to broader deployment in the early 2030s.