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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Oklo
Oklo (OKLO) investor relations material
Oklo Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary6 Nov, 2026
Executive summary
Groves-1 reached first criticality and Aurora-ID advanced through DOE safety approvals and structural work; power, fuel, recycling, and isotope projects are progressing toward deployment.
Cash, cash equivalents, and marketable debt securities totaled $3.131B at September 30, 2026, supporting parallel project execution and early equipment and fuel commitments.
Financial highlights
Q3 revenue was $1.861M, primarily from ARMEC and CEI; operating loss was $71.0M versus $36.3M YoY, and net loss was $41.746M versus $29.722M.
9M revenue was $3.071M; operating loss was $195.183M versus $82.198M, and net loss was $123.347M versus $64.217M; diluted loss per share was $0.69 versus $0.45.
9M net interest and dividend income was $72.4M versus $14.5M YoY; Q3 and 9M results included an $11.43M gain from a land sale.
9M cash used in operating activities was $110.9M; investing cash use was $1,298.6M, including $965.1M of net marketable-debt-security purchases and $280.9M of capital spend.
Outlook and guidance
2026 cash-use guidance is $120M–$150M for operating activities and $400M–$500M for PP&E purchases.
Aurora-ID startup is targeted for 2028–2029; the DSA submission is expected closer to construction completion, not before 2028.
2027 targets include the first full A3F fuel assembly and recycling pilot commissioning; major Aurora-ID component installation and Groves-2 construction and first contracted isotope delivery are also planned milestones.
Existing cash and marketable securities are expected to fund operations for at least one year after issuance of the financial statements.
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Latest events from Oklo
- Groves achieved first criticality; $3.0B liquidity and new agreements drive accelerated growth.OKLO
Q2 2026 - Vertically integrated nuclear platform leverages proven tech, recycling, and isotopes for growth.OKLOCorporate presentation
- Q1 2026 net loss was $33.1M, with liquidity rising to $2.54B after a $1.2B equity raise.OKLOQ1 2026
- Director elections, auditor ratification, and strong governance highlight this year's proxy.OKLOProxy filing
- Advanced project deployment, secured Meta prepayment, and ended 2025 with $1.4B in liquidity.OKLOQ4 2025
- At-the-market equity offering of up to $400M supports advanced nuclear growth strategy.OKLORegistration Filing
- Q3 saw regulatory progress, a $25M acquisition, and a 2.1 GW customer pipeline.OKLOQ3 2024
- Customer pipeline doubled to 1,400 MW, $294.6M cash, Q2 net loss $29.3M, first plant in 2027.OKLOQ2 2024
- Secured a 12 GW power deal, expanded pipeline to 14 GW, and ended 2024 with $275M cash.OKLOQ4 2024
Next Oklo earnings date
Q4 202617 Mar, 2027
Oklo
Next Oklo earnings date
Q4 202617 Mar, 2027
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Frequently asked questions
Oklo Inc. is a California-based company specializing in advanced fission power plant development. The company focuses on creating emission-free, reliable, and affordable energy through innovative nuclear technologies, including the deployment of next-generation fission reactors such as the Aurora. This flagship reactor model is designed to be scalable and features inherent safety systems, capable of operating for extended periods without refueling and utilizing recycled nuclear waste as fuel. A significant aspect of Oklo's operations is its involvement in nuclear fuel recycling, where it has garnered multiple grants and partnerships with U.S. national laboratories to pioneer technologies in this space. Oklo Inc. is headquartered in Sunnyvale, California, and its shares are listed on the NYSE.