Loading…
Develops advanced small modular nuclear reactors (Xe-100) and manufactures TRISO-based nuclear fuel, with deals to power data centers.
Develops advanced small modular nuclear reactors (Xe-100) and manufactures TRISO-based nuclear fuel, with deals to power data centers.
Has no reactors in commercial service yet, so it is funded by development agreements and investment rather than electricity sales; the plan is that utilities and industrial users buy reactors and fuel under long-term agreements. Amazon backs it for data-centre power, and Dow has agreed to host plants at its Texas chemical site.
Moat: narrow (IP / patents, regulatory licence, process know-how). Proprietary reactor design and one of few licensed TRISO fuel producers; nuclear licensing is a high barrier to entry.
Headquarters: Rockville, Maryland, US · Founded: 2009 · Employees: 889
Size X-Energy (XE) is a United States Industrials company (Industrial Machinery) with a market value of $4.24B, the 1306th largest of 3,117 United States companies the cockpit tracks. Shares closed at $10.43 on 6 Nov 2026.
Performance Over six months the shares fell 65.4%, against -11.7% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 20 in its peer set.
Growth Revenue fell 9.2% over the last twelve months (peer median +8.6%); the operating margin is -156.1% (peer median 12.6%).
Valuation It trades at 26.7× enterprise value to sales against a peer median of 3.6× (3rd most expensive of 21).
Capital Return on invested capital runs 37.3 points below its cost of capital (19.8% WACC).
Short interest Short interest is 7.8% of the free float (15 Oct 2026).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Revenue | n/a | $109M | $120M |
| Revenue growth | — | -9% | — |
| Gross profit | n/a | -$52.3M | -$9.96M |
| EBITDA | n/a | -$169M | -$123M |
| Net income | n/a | -$390M | -$126M |
| Free cash flow | n/a | -$267M | -$100M |
| Capital expenditure | n/a | $117M | $4.16M |
| Total debt | $26.8M | $23.2M | $31.4M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| X-Energy XE | $4.24B | -65% | -9% | -156% | 26.7× | n/a |
| NuScale Power SMR | $2.18B | -60% | -81% | -6,854% | 99.6× | n/a |
| OKLO OKLO | $4.38B | -68% | n/a | -17,970% | 1,579.6× | n/a |
| BWX Technologies BWXT | $11.0B | -42% | +18% | 10% | 3.4× | 19.6% |
| Nano Nuclear Energy NNE | $597M | -60% | n/a | -24,545% | 88.0× | n/a |
| Terrestrial Energy IMSR | $301M | -62% | -100% | n/a | n/a | n/a |
| GE Vernova GEV | $205B | -26% | +17% | 7% | 4.4× | 24.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | XE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -24.3% | -9.5% | 6th lowest of 21 |
| 6-month return | -65.4% | -11.7% | lowest of 20 |
| Distance from 52-week high | -71.9% | -34.4% | lowest of 21 |
| Revenue growth (TTM) | -9.2% | +8.6% | 3rd lowest of 21 |
| Operating margin | -156.1% | 12.6% | lowest of 21 |
| EV / Sales | 26.7× | 3.6× | 3rd most expensive of 21 |
| ROIC minus cost of capital | -37.3 pp | +0.1 pp | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| X-Energy XE | United States | $4.24B | -65% | -9% | -156% | 26.7× | n/a | n/a |
| DMG MORI Aktiengesellschaft GIL.DE | Germany | $4.17B | 0% | +3% | 5% | 1.8× | 11.3% | +2.7% |
| Franklin Electric FELE | United States | $4.16B | -5% | +7% | 13% | 2.0× | 9.2% | +11.3% |
| Leo 002131.SZ | China | $4.33B | -34% | +10% | -1% | 1.2× | n/a | n/a |
| Jiangsu Gao Kai Precision Fluid 688835.SS | China | $4.15B | n/a | +21% | 24% | 50.9× | n/a | n/a |
| Amada 6113.T | Japan | $4.10B | -20% | +18% | 10% | 1.3× | 8.7% | +11.8% |
| Jusung Engineering 036930.KS | South Korea | $4.39B | +5% | -33% | 0% | 24.3× | n/a | n/a |
| Alliance Laundry ALH | United States | $4.49B | -11% | +10% | 19% | 3.5× | 15.2% | +7.5% |
| Circuit Fabology Microelectronics Equipment 688630.SS | China | $4.50B | -12% | +93% | 27% | 11.6× | 39.4% | +35.4% |
| Krones KRN.DE | Germany | $3.94B | -7% | +3% | 7% | 0.6× | -1.8% | +11.3% |
| Interpump IP.MI | Italy | $4.57B | +3% | +1% | 14% | 2.1× | 12.6% | +9.9% |
| Rainbow Robotics 277810.KS | South Korea | $4.59B | -52% | +92% | -16% | 136.9× | n/a | n/a |
| Avic Aviation High-Technology 600862.SS | China | $3.92B | -6% | -3% | 22% | 4.9× | 6.0% | +11.4% |
| Renishaw RSW.L | United Kingdom | $4.61B | -7% | +14% | 16% | 3.9× | 24.8% | +7.5% |
| Neway Valve (Suzhou) 603699.SS | China | $4.66B | -36% | +11% | 26% | 3.8× | 10.0% | +16.5% |
| Voltas VOLTAS.NS | India | $3.84B | -19% | +4% | 4% | 2.4× | n/a | n/a |
| Aixtron AIXA.DE | Germany | $3.84B | -45% | -9% | 16% | 5.2× | 5.7% | +15.6% |
| Wuhan DR Laser Technology 300776.SZ | China | $4.69B | -24% | -23% | 19% | 16.9× | 51.8% | +13.6% |
| Hangcha 603298.SS | China | $4.71B | -12% | +7% | 12% | 1.6× | 2.9% | +9.1% |
| AAON AAON | United States | $4.72B | -59% | +54% | 11% | 2.7× | n/a | n/a |
| UBTECH ROBOTICS 9880.HK | Hong Kong | $4.73B | -41% | +90% | -21% | 12.3× | n/a | n/a |