OKLO revenueQ3 2026$1.86M
- QoQ
- +53.8%
OKLO revenue was $1.86M in fiscal Q3 2026 (ended Sep 30, 2026), compared with $0 a year earlier and up 53.8% from the prior quarter.
Oklo Inc. (OKLO) financials
For the twelve months ended Sep 30, 2026, Oklo Inc. reported -$164.79M of net income.
- Net income, TTM
- -$164.79M
- Free cash flow, TTM
- -$452.19M
- EPS, diluted, TTM
- -$0.96
- Cash
- $1.55B
- Market cap
- $4.99B
FY2022FY2025
FY2023FY2025
OKLO revenue and earnings growth
OKLO net incomeQ3 2026-$41.75M
OKLO net income was -$41.75M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$29.72M a year earlier. For the full fiscal 2025 it was -$105.66M, compared with -$73.62M in fiscal 2024.
OKLO EPSQ3 2026-$0.22
OKLO diluted EPS was -$0.22 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.20 a year earlier. For the full fiscal 2025 it was -$0.72.
OKLO free cash flowQ3 2026-$199.46M
OKLO free cash flow was -$199.46M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$23.08M a year earlier. For the full fiscal 2025 it was -$115.38M, compared with -$38.74M in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Research and development | $58.85M | $26.71M | $9.76M | - |
| Selling, general and admin | $80.44M | $26.09M | $8.87M | - |
| Operating income | -$139.29M | -$52.80M | -$18.64M | -$1.81M |
| Pre-tax income | -$110.19M | -$72.93M | -$32.17M | $5.40M |
| Income tax | -$4.53M | $683.0K | $0 | $1.47M |
| Net income | -$105.66M | -$73.62M | -$32.17M | $3.93M |
| EPS, basic | -$0.72 | -$0.74 | -$0.47 | - |
| EPS, diluted | -$0.72 | -$0.74 | -$0.47 | - |
| Diluted shares | 146.4M | 98.9M | 68.9M | - |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Cash and equivalents | $788.45M | $97.13M | $9.87M | $9.65M |
| Receivables | $0 | - | - | - |
| Current assets | $1.25B | $231.94M | $14.20M | $4.00M |
| Goodwill | $6.62M | $0 | - | - |
| Total assets | $1.53B | $281.74M | $14.88M | $510.14M |
| Current liabilities | $25.55M | $5.34M | $3.20M | $1.48M |
| Long-term debt | $0 | - | - | - |
| Total debt | $0 | - | - | - |
| Total liabilities | $52.25M | $30.88M | $49.25M | $19.40M |
| Shareholders' equity | $1.48B | $250.86M | -$34.36M | -$3.08M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | -$82.17M | -$38.39M | -$16.00M | -$954.7K |
| Capital expenditures | $33.20M | $352.0K | $83.0K | - |
| Free cash flow | -$115.38M | -$38.74M | -$16.08M | - |
| Investing cash flow | -$489.68M | -$175.77M | -$83.0K | $1.20M |
| Financing cash flow | $1.26B | $301.43M | $16.30M | - |
| Share repurchases | - | - | $215.91M | - |
| Stock-based compensation | $41.80M | $12.48M | $777.0K | - |
| Depreciation and amortization | $522.0K | $268.0K | $75.0K | - |
Key ratios
Income statement
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.86M | $1.21M | - | - | $0 | $0 | $0 | - | - | - | - | - |
| Research and development | $41.65M | $39.47M | $27.05M | $24.59M | $14.95M | $11.47M | $7.85M | $7.28M | $5.05M | $10.72M | $3.66M | $4.31M |
| Selling, general and admin | $41.57M | $34.20M | $24.20M | $32.50M | $21.36M | $16.55M | $10.03M | $8.10M | $7.23M | $7.05M | $3.71M | $2.98M |
| Operating income | -$71.02M | -$73.19M | -$51.25M | -$57.10M | -$36.31M | -$28.02M | -$17.87M | -$15.38M | -$12.28M | -$17.77M | -$7.37M | -$7.28M |
| Pre-tax income | -$41.59M | -$51.69M | -$29.91M | -$42.53M | -$29.19M | -$24.25M | -$14.22M | -$12.05M | -$9.73M | -$27.13M | -$24.02M | -$14.32M |
| Income tax | $157.0K | -$3.15M | $3.15M | -$1.08M | $531.0K | $431.0K | -$4.41M | $294.0K | $225.0K | $164.0K | $0 | $0 |
| Net income | -$41.75M | -$48.54M | -$33.06M | -$41.45M | -$29.72M | -$24.68M | -$9.81M | -$12.34M | -$9.96M | -$27.29M | -$24.02M | -$14.32M |
| EPS, basic | -$0.22 | -$0.28 | -$0.19 | -$0.27 | -$0.20 | -$0.18 | -$0.07 | - | -$0.08 | -$0.27 | -$0.34 | - |
| EPS, diluted | -$0.22 | -$0.28 | -$0.19 | -$0.27 | -$0.20 | -$0.18 | -$0.07 | - | -$0.08 | -$0.27 | -$0.34 | - |
| Diluted shares | 188.6M | 176.2M | 170.3M | - | 150.4M | 140.1M | 138.1M | - | 122.1M | 100.0M | 70.3M | - |
Balance sheet
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.55B | $1.64B | $1.59B | $788.45M | $410.04M | $226.77M | $90.08M | $97.13M | $91.80M | $105.68M | $38.02M | $9.87M |
| Short-term investments | - | - | - | - | - | - | - | - | - | $129.61M | - | - |
| Receivables | $825.0K | $1.98M | - | $0 | - | - | - | - | - | - | - | - |
| Current assets | $2.73B | $2.52B | $2.23B | $1.25B | $931.78M | $542.66M | $204.91M | $231.94M | $234.83M | $239.22M | $701.7K | $14.20M |
| Goodwill | $16.54M | $16.54M | $6.62M | $6.62M | $6.72M | $6.72M | $6.72M | $0 | - | - | - | - |
| Total assets | $3.77B | $3.36B | $2.70B | $1.53B | $1.25B | $731.08M | $302.15M | $281.74M | $293.79M | $299.19M | $308.21M | $14.88M |
| Current liabilities | $87.63M | $52.02M | $37.14M | $25.55M | $13.80M | $7.61M | $5.66M | $5.34M | $4.85M | $4.88M | $4.56M | $3.20M |
| Long-term debt | - | $700.0K | - | $0 | - | - | - | - | - | - | - | - |
| Total debt | - | $700.0K | - | $0 | - | - | - | - | - | - | - | - |
| Total liabilities | $120.04M | $84.33M | $64.88M | $52.25M | $40.63M | $34.67M | $32.82M | $30.88M | $30.52M | $29.88M | $11.65M | $49.25M |
| Shareholders' equity | $3.65B | $3.27B | $2.64B | $1.48B | $1.21B | $696.41M | $269.33M | $250.86M | $263.28M | $269.31M | -$57.28M | -$34.36M |
Cash flow
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$45.48M | -$47.59M | -$17.87M | -$33.43M | -$18.03M | -$18.47M | -$12.24M | -$13.47M | -$7.88M | -$9.75M | -$7.29M | -$5.62M |
| Capital expenditures | $153.97M | $94.09M | $32.81M | $26.95M | $5.05M | $877.0K | $332.0K | $69.0K | $111.0K | $75.0K | $97.0K | $22.9K |
| Free cash flow | -$199.46M | -$141.68M | -$50.68M | -$60.38M | -$23.08M | -$19.35M | -$12.57M | -$13.54M | -$7.99M | -$9.83M | -$7.38M | -$5.65M |
| Investing cash flow | -$385.85M | -$553.70M | -$359.03M | $116.23M | -$325.21M | -$286.76M | $6.06M | $18.20M | -$5.61M | -$188.27M | -$97.0K | -$22.9K |
| Financing cash flow | $401.69M | $668.79M | $1.18B | $295.61M | $526.51M | $441.92M | -$875.0K | $604.0K | -$389.0K | $265.68M | $35.53M | $5.50M |
| Stock-based compensation | $19.18M | $14.36M | $15.59M | $19.00M | $9.12M | $11.37M | $2.31M | $1.73M | $1.63M | $8.46M | $667.0K | $632.8K |
| Depreciation and amortization | $685.0K | $337.0K | $163.0K | $149.0K | $124.0K | $125.0K | $124.0K | $88.0K | $68.0K | $63.0K | $49.0K | $38.5K |
Key ratios
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -3816.1% | -6048.8% | - | - | - | - | - | - | - | - | - | - |
| Net margin | -2243.2% | -4011.2% | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | -10717.6% | -11709.3% | - | - | - | - | - | - | - | - | - | - |
| Current ratio | 31.20 | 48.46 | 59.93 | 49.08 | 67.51 | 71.27 | 36.23 | 43.47 | 48.45 | 49.03 | 0.15 | 4.43 |
| Debt to equity | - | 0.00 | - | 0.00 | - | - | - | - | - | - | - | - |
Source: XBRL data Oklo Inc. files with the SEC, latest filing dated Nov 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
OKLO peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| OKLO | - | - | -$164.79M | - | $4.99B |
| SMR | $2.73M | -95.7% | -$186.04M | -6817.0% | $2.34B |
| NNE | $84.0K | +1100.0% | -$40.07M | -47698.9% | $670.2M |
| LEU | $454.50M | +0.1% | $76.20M | 16.8% | $2.42B |
| BWXT | $3.60B | +17.7% | $374.99M | 10.4% | $11.73B |
OKLO FAQ
6 questionsIs OKLO profitable?
No. Oklo Inc. reported a net loss of $164.79M for the twelve months ended Sep 30, 2026.How much cash and debt does OKLO have?
Oklo Inc. reported $1.55B in cash and cash equivalents on its most recent balance sheet in SEC filings.What is OKLO free cash flow?
Oklo Inc. generated -$452.19M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$144.37M less capital expenditures.What is OKLO earnings per share?
Diluted earnings per share were -$0.96 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.When did OKLO last report financial results?
The latest statements here come from Oklo Inc.'s 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.Where does this OKLO financial data come from?
Quantisnow builds these statements from the structured XBRL data Oklo Inc. files with the SEC. It is provided for information only and is not investment advice.