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Oklo shares rise 7% as Q2 revenue beats estimates despite wider loss

Company Fundamentals
07 Aug 2026
Proactive Investors
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Bullish
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Oklo reported a wider-than-expected Q2 loss of $0.28 per share but revenue of $1.2 million, far exceeding analyst estimates of $83,800. The net loss for the quarter was $48.5 million, up from $24.7 million last year, driven by increased R&D and operating costs as the company scales. Oklo ended Q2 with $3 billion in cash and securities, boosted by recent ATM offerings, and continues investing heavily in growth. Despite losses, strong revenue and cash reserves support its advanced nuclear technology development.

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