Oklo Inc. OKLO
We founded Oklo in 2013 with the goal of revolutionizing the energy landscape by developing clean, reliable, affordable energy solutions at scale. According to the International Energy Agency, global electricity production is expected to increase over 75% by 2050 driven by electrification of buildings, transportation, and industry; increased use of air conditioning in the developing world; and increased consumption from data centers and cloud services. Our business addresses this demand by producing electricity and heat from our Aurora powerhouses which can run on fresh, recycled, or down-blended nuclear fuel. We are also commercializing nuclear fuel recycling technology that can convert used nuclear fuel into usable fuel for our powerhouses and those of others.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| R&D | $58.9M | $26.7M | $9.8M | — | — | — |
| SG&A | $80.4M | $26.1M | $8.9M | — | — | — |
| Total operating expenses | $139.3M | $52.8M | $18.6M | — | — | — |
| Operating income | -$139.3M | -$52.8M | -$18.6M | -$1.8M | -$1.2M | — |
| Pre-tax income | -$110.2M | -$72.9M | -$32.2M | $5.4M | -$1.1M | — |
| Income tax | $4.5M | $683.0K | $0 | $1.5M | $2.4K | — |
| Net income | -$105.7M | -$73.6M | -$32.2M | $3.9M | -$1.1M | — |
| EPS, basic | -0.72 | -0.74 | -0.47 | — | — | — |
| EPS, diluted | -0.72 | -0.74 | -0.47 | — | — | — |
| Shares, diluted (wtd. avg.) | 146.4M | 98.9M | 68.9M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $788.4M | $97.1M | $9.9M | $9.7M | $3.3M | $0 |
| Total current assets | $1.25B | $231.9M | $14.2M | $4.0M | $4.2M | — |
| Property, plant and equipment | $42.3M | $1.2M | $578.0K | — | — | — |
| Goodwill | $6.6M | $0 | — | — | — | — |
| Total assets | $1.53B | $281.7M | $14.9M | $510.1M | $504.7M | — |
| Accounts payable | $4.1M | $3.0M | $2.3M | — | — | — |
| Total current liabilities | $25.5M | $5.3M | $3.2M | $1.5M | $310.4K | — |
| Total liabilities | $52.2M | $30.9M | $49.2M | $19.4M | $17.9M | — |
| Retained earnings | -$240.8M | -$135.1M | -$61.5M | -$13.8M | -$13.2M | — |
| Total equity | $1.48B | $250.9M | -$34.4M | -$3.1M | -$13.2M | $0 |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$82.2M | -$38.4M | -$16.0M | -$954.7K | -$1.9M | — |
| Depreciation and amortisation | $522.0K | $268.0K | $75.0K | — | — | — |
| Stock-based compensation | $41.8M | $12.5M | $777.0K | — | — | — |
| Capital expenditure | $33.2M | $352.0K | $83.0K | — | — | — |
| Investing cash flow | -$489.7M | -$175.8M | -$83.0K | $1.2M | -$500.0M | — |
| Financing cash flow | $1.26B | $301.4M | $16.3M | — | $505.2M | — |
| Buybacks | — | — | $215.9M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-018698.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Net income | — | -$1.1M | $3.9M | -$32.2M | -$73.6M | -$105.7M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Material agreement signed Item 1.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Other event Item 8.01
- Shareholder vote Item 5.07
- Officer or director change Item 5.02
- Annual report filed Form 10-K
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 4911
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|---|---|---|---|---|
| NEE | NEXTERA ENERGY INC | $171.21B | 24.9x | 9.8% |
| CEG | Constellation Energy Corp | $89.80B | 34.2x | 19.5% |
| AEP | AMERICAN ELECTRIC POWER CO INC | $70.56B | 19.5x | 8.7% |
| D | DOMINION ENERGY, INC | $57.34B | 18.9x | 16.5% |
| VST | Vistra Corp. | $47.04B | 64.3x | 19.1% |
| DTE | DTE ENERGY CO | $27.44B | 18.8x | — |
| CNP | CENTERPOINT ENERGY INC | $26.87B | 25.7x | 9.2% |
| FE | FIRSTENERGY CORP | $26.69B | 26.2x | 12.0% |