Oklo Inc. (OKLO) Earnings Call Transcripts

Oklo Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of fiscal 2026, Oklo Inc. reported a net loss of $33.1 million, driven by operational losses of $51.2 million, partially offset by $21.3 million in net interest income. The company continues to advance its strategic initiatives across its three business units: power, fuel, and isotopes, with significant progress in regulatory approvals and customer engagements. Management maintained its guidance for cash used in operating activities between $80 million to $100 million and capital expenditures between $350 million to $450 million for the year, indicating a strong commitment to deployment despite the current losses.

Reported metrics

Guidance from management

Management maintained its guidance for cash used in operating activities between $80 million to $100 million and capital expenditures between $350 million to $450 million for fiscal 2026, indicating a strong focus on deployment despite current losses.

What management said

And Jake, I think the only thing I would add is in addition to things that are underway around the government helping on the supply side, it's early days, but it also feels like there's help being provided on the capital side as well. And just to emphasize Jake's point, we think having more than one pathway in the near term as that bridge to recycling in the longer term is just, it makes a lot of strategic sense, whi...

I'm sorry. I was just -- yes, I was just going to add. I'm so sorry, I'll just tie onto that. I think Craig hit this, and I think one of the things that's just very valuable about 57 is it is a culmination of a lot of work done dating back that spans things we were putting forward in our pre-application activity starting in 2016, work that the industry was working on from a few years after that, kind of onwards. It's...

What analysts pressed on

Analysts expressed concerns regarding the timeline for regulatory approvals and the impact of ongoing losses on cash flow. There were questions about the company's ability to secure fuel for upcoming projects and the potential risks associated with the transition to plutonium-based fuels.

Main topics on the call

• Regulatory Progress — Oklo has made substantial advancements in regulatory approvals, particularly with the NRC's approval of the Principal Design Criteria topical report, which establishes safety and performance requirements. CEO Jacob Dewit...
• Fuel Procurement Strategy — Management highlighted a proactive approach to fuel procurement, stating they are working with enrichment companies and exploring government supplies. Dewitte noted, "We're seeing time scales and delivery schedule shift ...
• Isotope Business Development — Oklo's isotope segment is transitioning towards commercialization, with the Groves facility nearing operational status and expected criticality by July 4, 2026. The Idaho Radiochemistry Laboratory is also advancing comme...
• Strategic Partnerships — The company has formed strategic partnerships with NVIDIA and Battelle to leverage AI in reactor design and fuel validation. Dewitte stated, "We're putting it to work on our Pluto reactor... to accelerate the design work...

Read the full Oklo Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 8 Oklo Inc. earnings call transcripts on record, spanning August 13, 2024 to May 12, 2026. Based on this history, Oklo Inc. reports quarterly. The most recent call on file is dated May 12, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

OKLO

Exchange

NYSE

Country

US

Sector

Utilities

Industry

Electric Utilities

Calls on record

8

First call

August 13, 2024

Most recent

May 12, 2026

Reporting cadence

quarterly