Oklo’s Q3 Earnings Report Sparks Mixed Reactions Despite Widening Losses
Oklo (OKLO), the pre-revenue nuclear energy startup, saw its shares surge nearly 8% Wednesday afternoon despite posting deeper-than-expected quarterly losses. The company reported a Q3 2025 net loss of $0.20 per share, significantly wider than both the $0.08 loss from the prior-year period and analysts' $0.14 loss projection.
Operating losses ballooned to $36.3 million, nearly triple the $12.3 million recorded in Q3 2024, with $9.1 million attributed to stock-based compensation. Paradoxically, Wall Street responded favorably to the results, with analysts maintaining a mix of Buy and Hold ratings on the stock.
The market's Optimism persists despite Oklo having yet to operationalize its first nuclear power plant - a milestone targeted for 2028. The company maintains a strong liquidity position with $1.2 billion in cash and marketable securities as it continues developing its advanced nuclear technology.