X-Energy, Inc. is trading at $22.41 (down 5.2%) after its first-quarter 2026 report as a public company showed a sizeable revenue and earnings miss versus analyst expectations.
- The company reported revenue of $43.4 million against estimates of $64.63 million, alongside a $166.2 million net loss largely driven by non-cash warrant charges.
- Despite the miss, the firm achieved 109% year-over-year revenue growth and nearly doubled its Xe-100 deployment pipeline to 11.5 GW.
- Investor sentiment is also being impacted by a broader risk-off market backdrop following the earnings release.