Financial Statements — OKLO
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 |
|---|
| Cash & Equivalents | 1.64 | 1.59 | 0.41 | 0.23 | 0.09 | 0.09 | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | 0.13 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 2.52 | 2.23 | 0.93 | 0.54 | 0.20 | 0.23 | 0.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Property, Plant & Equipment | 0.18 | 0.10 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Goodwill | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 0.04 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 0.84 | 0.48 | 0.31 | 0.19 | 0.10 | 0.06 | 0.06 | 0.31 | 0.52 | 0.52 | 0.51 | 0.50 | 0.50 | 0.50 | 0.50 | -- |
| Total Assets | 3.36 | 2.70 | 1.25 | 0.73 | 0.30 | 0.29 | 0.30 | 0.31 | 0.52 | 0.52 | 0.51 | 0.51 | 0.50 | 0.50 | 0.50 | 0.00 |
| Accounts Payable | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 0.05 | 0.04 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term Debt | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.00 |
| Total Liabilities* | 0.08 | 0.06 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.00 |
| Retained Earnings | (0.32) | (0.27) | (0.20) | (0.17) | (0.14) | (0.12) | (0.11) | (0.01) | (0.02) | (0.01) | (0.01) | (0.01) | (0.01) | (0.01) | (0.01) | -0.00 |
| Total Stockholder Equity | 3.27 | 2.64 | 1.21 | 0.70 | 0.27 | 0.26 | 0.27 | (0.01) | (0.02) | (0.01) | (0.01) | (0.01) | (0.01) | (0.01) | (0.01) | 0.00 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 1.21 | -- | -- | -- | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & Development | 39.47 | 27.05 | 24.59 | 14.95 | 11.47 | 7.85 | 7.28 | 5.05 | 10.72 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 34.21 | 24.20 | 32.50 | 21.36 | 16.55 | 10.03 | 8.10 | 7.23 | 7.05 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Expenses | 74.40 | 51.25 | 57.10 | 36.31 | 28.02 | 17.87 | 15.38 | 12.28 | 17.77 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating Income | (73.19) | (51.25) | (57.10) | (36.31) | (28.01) | (17.87) | (21.73) | (12.28) | (17.77) | (1.02) | (0.17) | (2.04) | (0.90) | (1.16) | (0.45) | (0.40) | (0.43) | (0.53) | (0.57) | -- |
| Pretax Income | (51.69) | (29.91) | (42.53) | (29.19) | (24.25) | (14.22) | (36.95) | (9.73) | (29.18) | 2.93 | 4.14 | 4.60 | 5.01 | 4.21 | 3.63 | 2.01 | 0.15 | -- | -- | -- |
| Tax Provision | (3.15) | 3.16 | (1.08) | 0.53 | 0.43 | (4.41) | (1.11) | 0.22 | 0.16 | 1.41 | 1.56 | 2.19 | 1.23 | 1.12 | 0.85 | 0.53 | 0.09 | -- | -- | -- |
| Net Income | (48.54) | (33.06) | (41.45) | (29.72) | (24.68) | (9.81) | (35.84) | (9.96) | (29.35) | 1.53 | 2.58 | 2.42 | 3.78 | 3.09 | 2.79 | 1.47 | 0.05 | (0.39) | (0.54) | 0.00 |
| Basic EPS | (0.28) | (0.19) | (0.27) | (0.20) | (0.18) | (0.07) | (0.09) | (0.08) | (0.29) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | (0.28) | (0.19) | (0.27) | (0.20) | (0.18) | (0.07) | (0.09) | (0.08) | (0.29) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cash Flow Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | (0.05) | (0.02) | (0.03) | (0.02) | (0.02) | (0.01) | (0.01) | (0.01) | (0.02) | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 |
| Capital Expenditures | 0.09 | 0.03 | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | (0.14) | (0.05) | (0.06) | (0.02) | (0.02) | (0.01) | (0.01) | (0.01) | (0.02) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (0.55) | (0.36) | 0.12 | (0.33) | (0.29) | 0.01 | 0.02 | (0.01) | (0.19) | -- | 0.22 | 0.00 | 0.00 | -- | -- | -- | -- | -- | (0.50) | -- |
| Financing Cash Flow | 0.67 | 1.18 | 0.30 | 0.53 | 0.44 | -0.00 | 0.00 | -0.00 | 0.30 | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.51 | 0.00 |
* Derived from reported values
