---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-347740"
form_type: "8-K"
ticker: "XE"
cik: "0002088896"
company_name: "X-Energy, Inc."
filed_at: "2026-08-13T10:04:30+00:00"
generated_at: "2026-08-13T10:10:19.938370+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# X-energy Q2 revenue $54.6M (+154% YoY); IPO net $1.1B, liquidity $1.9B

## Summary
- Q2 revenues and grant income $54.6M vs $21.5M YoY; six-month $98.0M vs $42.3M (+132%).
- Operating expenses $164.6M in Q2 (+156% YoY) on ARDP work, headcount, and equity comp; net cash used in ops $97.3M.
- Closed IPO April 27 raising ~$1.1B net; total liquidity $1,899.8M, no debt outstanding.
- Signed long-term HALEU enrichment deals with Centrus and General Matter; $8M investment with SGL Carbon to double graphite capacity.
- DOE ARDP budget extended to March 2027; $11M Tennessee grant; acquired 70 acres for fuel campus; joined Project Prometheus with $10M.

## SEC filing metadata
- accession: 0001193125-26-347740
- form_type: 8-K
- ticker: XE
- cik: 0002088896
- company_name: X-Energy, Inc.
- filed_at: 2026-08-13T10:04:30+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2088896/000119312526347740/0001193125-26-347740-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2088896/000119312526347740/xe-20260813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-347740
- JSON: https://secwatch.observer/filing/0001193125-26-347740.json
- Plain text: https://secwatch.observer/filing/0001193125-26-347740.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.