Oklo posted its second-quarter 2026 financial results on August 7, and the company brought in $1.21 million in revenue during the quarter while recording a net loss of $48.5 million.

For context, Oklo reported zero revenue in Q2 2025. A million dollars is not exactly a windfall, but it is a line on the income statement that did not exist a year ago.

The financials, unpacked

The $48.5 million net loss is a meaningful step up from the $33.1 million loss Oklo posted in Q1 2026, suggesting the company is accelerating spending rather than pulling back.

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