Oklo Inc.OKLO
NYSE•Utilities•Utilities - Independent Power Producers
Oklo Inc. develops fission power plants to provide energy at scale to customers in the United States. The company offers Aurora Powerhouse, which is designed to produce between 15 and up to 75 megawatts of electricity. It is also commercializing nuclear fuel recycling and fuel fabrication technology that can convert used nuclear fuel into usable fuel for its reactors. The company was formerly known as AltC Acquisition Corp. and changed its name to Oklo Inc. in May 2024. Oklo Inc. was founded in 2013 and is headquartered in Santa Clara, California.
Oklo Inc. (OKLO) reported trailing twelve months revenue of $0 as of March 2026, a NaN% decline year-over-year. Quarterly revenue reached $0, reflecting a contraction in sales.
Oklo Inc. reported a TTM net loss of $128.92M, with quarterly EBITDA of $-51.09M. The operating margin contracted from -1787400000.0% to -5124900000.0%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (-5124900000.0%) and net margin (-3306500000.0%) indicates tight cost control with minimal non-operating drag. Net margin has narrowed from -981000000.0% a year ago, reflecting increased costs or interest expense.
OKLO trades at a P/S of N/A. The price-to-book ratio of 2.9x reflects a moderate premium to book value.
The company reported negative free cash flow of $-50.68M, indicating cash consumption over the period. The balance sheet shows $2.70B in total assets with no in long-term debt against $2.64B in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 19 quarters of fundamental data
Operating margins are under pressure, averaging -3029081850.0%. The business may lack pricing power or face rising costs.'
ROE is low or negative, suggesting limited competitive advantage or capital allocation challenges.
Only 0 of the last 8 quarters had positive FCF — the business may require external capital to sustain operations.
Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.
Data-driven red flags and warnings across 19 quarters
The company posted negative operating margins in recent quarters — core operations are unprofitable.
Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.
Limited debt-to-equity data available.
Revenue is stable or growing over recent quarters — demand appears durable.
The last 8 consecutive quarters had negative FCF — the company is burning cash and may need external funding.
Shares outstanding increased 13.5% — significant dilution, likely from stock compensation or capital raises.