Oklo Inc. reported an operating loss of $139.3 million for the 2025 fiscal year. The company ended the period with $1.4 billion in cash and marketable securities, bolstered by an additional $1.182 billion raised in early 2026.
Operational highlights include breaking ground on the first Aurora powerhouse at Idaho National Laboratory and the acquisition of Atomic Alchemy. The company is also advancing a partnership with Meta for a 1.2 gigawatt power campus. However, the timeline for nuclear heat production at the Aurora project has been delayed until 2028.
For 2026, Oklo projected operating cash use between $80 million and $100 million. Cash used for investing activities is expected to range from $350 million to $450 million. Shares rose significantly prior to the earnings call following regulatory approvals from the DOE and NRC.