X-Energy reported second quarter 2026 financial results showing total revenues and grant income of $54.6 million for the three months ended June 30, 2026, a 154% increase from $21.5 million in the prior year period. Operating expenses rose to $164.6 million, resulting in an operating loss of $110.0 million and a net loss attributable to X-Energy of $59.1 million. The company secured long-term HALEU enrichment agreements with Centrus Energy Corp. and General Matter, and invested up to $8 million with SGL Carbon to double graphite production capacity in France by 2030. Operational milestones include DOE ARDP approval extending through March 2027, an $11 million grant from Tennessee for the TX-1 fuel facility, acquisition of ~70 acres adjacent to its Oak Ridge campus, and a founding membership in the DOE's Project Prometheus AI initiative with NVIDIA and AWS. X-Energy operates in the advanced nuclear energy sector, designing small modular reactors (SMRs) and manufacturing TRISO-X nuclear fuels.