X-Energy, Inc. (XE) Stock Analysis
Industrials · Specialty Industrial Machinery · NasdaqGS
X-Energy, Inc. (XE) posted $94.26M in revenue for fiscal 2025 (up 12.2% year over year), with a net loss of $142.16M, and has compounded revenue about 7.0%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on X-Energy, Inc.
X-Energy, Inc. has grown revenue from $76.98M to $94.26M over the last 4 fiscal years, compounding about 7% a year. The most recent year was up 12.2%, so growth is actually accelerating.
Net margin sits at -150.8%, down 0.8 points year over year on a -80.3% gross margin.
The one thing worth a second look in the filings is receivables growing faster than sales.
Synthesised from X-Energy, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
X-Energy, Inc. revenue & earnings — last 4 fiscal years
| Metric | 2021 | 2022 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $76.98M | $104.89M | $83.99M | $94.26M |
| Gross profit | $-30.54M | $-42.55M | $-46.13M | $-75.70M |
| Net income | $-64.06M | $-122.24M | $-125.96M | $-142.16M |
| Net margin | -83.2% | -116.5% | -150.0% | -150.8% |
Source: X-Energy, Inc. SEC filings (10-K).
X-Energy, Inc.: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Receivables growing faster than salesAccounts receivable rose 78.1% while revenue rose 12.2% in the latest year — a gap that can signal looser credit terms or pulled-forward sales. Worth checking days-sales-outstanding.
- Currently unprofitableThe latest fiscal year was a net loss (net margin -150.8%).
Explore 4 years of X-Energy, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeX-Energy, Inc. financial history by metric
Compare X-Energy, Inc. with peers
About X-Energy, Inc.
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. The company was founded in 2009 and is headquartered in Rockville, Maryland.
X-Energy, Inc. — frequently asked questions
What is X-Energy, Inc.'s revenue?
X-Energy, Inc. (XE) reported revenue of $94.26M for fiscal year 2025, up 12.2% from the prior year, according to its SEC filings.
Is X-Energy, Inc. profitable?
No — XE reported a net loss of $-142.16M in fiscal 2025.
What is XE's P/E ratio?
X-Energy, Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is X-Energy, Inc. growing?
XE's revenue grew at roughly 7.0% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does X-Energy, Inc. have?
As of fiscal year 2025, XE carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is X-Energy, Inc.'s gross margin?
XE's gross margin was -80.3% in fiscal 2025 — gross profit of $-75.70M on revenue of $94.26M.
What is X-Energy, Inc.'s market cap?
X-Energy, Inc. (XE) has a market capitalization of about $5.33B, based on the latest data in our nightly-refreshed cache.
When does X-Energy, Inc.'s fiscal year end?
XE's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from X-Energy, Inc.'s official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.