For Q1 FY2026 (ended March 31, 2026), Oklo reported no revenue. Net loss was $33.1 million, a 237% increase year-over-year. Operating loss was $51.2 million, up 187% from the prior year. Diluted EPS was -$0.19, compared to -$0.07 in Q1 FY2025. Cash and equivalents stood at $1.59 billion, with total equity of $2.64 billion.
•Revenue was $0 in Q1 FY2026.
•Net loss widened to $33.1 million from $9.8 million a year ago.
•Operating loss increased to $51.2 million from $17.9 million.
•Cash and equivalents totaled $1.59 billion as of March 31, 2026.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Oklo develops fission power plants to provide energy at scale to customers in the United States. The company offers Aurora Powerhouse, which is designed to produce between 15 and up to 75 megawatts of electricity.
It is also commercializing nuclear fuel recycling and fuel fabrication technology that can convert used nuclear fuel into usable fuel for its reactors. Founded in 2013 and headquartered in Santa Clara, California, Oklo was formerly known as AltC Acquisition Corp. before rebranding in May 2024.
Oklo Inc. develops fission power plants to provide energy at scale to customers in the United States. The company's main product is the Aurora Powerhouse, a fission power plant designed to produce between 15 and up to 75 megawatts of electricity. Additionally, Oklo is commercializing nuclear fuel recycling and fuel fabrication technology that can convert used nuclear fuel into usable fuel for its reactors. This technology aims to address waste management and fuel supply challenges in the nuclear energy sector. Oklo was founded in 2013 and is headquartered in Santa Clara, California. The company was formerly known as AltC Acquisition Corp. before rebranding in May 2024.
Where is Oklo Inc. listed and what currency does it trade in?
Oklo Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol OKLO. The company trades in U.S. dollars (USD), as it is based in the United States and its primary market is the NYSE. Investors can buy and sell shares of Oklo on this major exchange, which provides liquidity and exposure to a broad range of market participants. The listing on the NYSE reflects the company's status as a publicly traded entity in the utilities sector.
What sector and industry does Oklo Inc. belong to?
Oklo Inc. operates in the Utilities sector, specifically within the industry of Utilities - Independent Power Producers. This classification means that Oklo is involved in generating electricity independently, rather than being a regulated utility that owns transmission and distribution networks. As an independent power producer, Oklo focuses on developing and operating power plants—in this case, fission power plants—to sell electricity to customers, such as utilities, corporations, or grid operators. The company's innovative nuclear technology positions it within the clean energy segment of the utilities sector.
Where is Oklo Inc. headquartered and what markets does it serve?
Oklo Inc. is headquartered in Santa Clara, California, United States. The company serves customers in the United States, providing energy at scale through its fission power plants. While its primary market is domestic, Oklo's technology and products are designed to meet the energy needs of various customers across the country. The company's focus on the U.S. market aligns with its goal to commercialize advanced nuclear reactors and fuel recycling technologies. Oklo was founded in 2013 and has since been developing its Aurora Powerhouse and fuel recycling capabilities to support the growing demand for reliable and clean energy in the United States.
What is Oklo Inc.'s business model and how does it generate revenue?
Oklo Inc. generates revenue by developing and deploying fission power plants, primarily through its Aurora Powerhouse product, which produces between 15 and 75 megawatts of electricity. The company sells electricity to customers in the United States, likely through power purchase agreements or direct sales to utilities, corporations, or grid operators. Additionally, Oklo is commercializing nuclear fuel recycling and fuel fabrication technology, which could generate revenue by converting used nuclear fuel into usable fuel for its reactors. This dual approach—selling power and offering fuel services—positions Oklo as an integrated energy company. The company was formerly known as AltC Acquisition Corp. before rebranding in May 2024, and it is headquartered in Santa Clara, California.