X-Energy shares are surging Thursday afternoon after it reported Q2 revenue and grant income of $54.6 million, up154% from a year ago.
X-Energy reported Q2 revenue of $54.6M (+154% YoY) driven by $31.9M in DOE ARDP funding and secured HALEU enrichment and graphite supply agreements. Small modular reactors transition to commercial scale—enabling data center operators to pursue energy independence and meet AI compute demands with decarbonized on-site power.
X-Energy Inc.
(NASDAQ:XE) shares are surging Thursday afternoon after the company reported second-quarter 2026 financial results, posting quarterly revenues and grant income of $54.6 million, a 154% increase from $21.5 million in the prior-year period.
X-Energy shares are climbing with conviction.
What's driving XE stock higher?
Operational Milestones and DOE Funding Outlook Top-line performance beat analyst estimates of $47.4 million.
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