X-Energy, Inc. is trading at $23.63 (-10.05%) after reporting first-quarter 2026 revenue and grant income of $43.4 million, falling short of the $64.63 million analyst estimate.

  • The company reported a net loss of $166.2 million for the quarter, a figure driven largely by a non-cash warrant-liability charge.
  • Despite the quarterly miss, management reaffirmed its full-year 2026 revenue guidance of $185 million–$210 million.
  • Long-term outlook remains a focus as the Xe-100 deployment pipeline nearly doubled to 11.5 GW, signaling strong future demand versus near-term execution hurdles.