Oklo Inc. (OKLO) Stock

Oklo Inc. (OKLO) is a Utilities stock trading at $42.10 (as of 2026-08-21), with a market capitalization of $7.83B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Oklo Inc. designs and develops fission power plants to provide energy services to customers in the United States. The company also offers used nuclear fuel recycling. It was founded in 2013 and is based in Santa Clara, California.

Understand Oklo Inc.: how it makes money

Oklo develops fission power plants and sells reliable, commercial-scale energy to US customers, while also providing used nuclear fuel recycling services.

Oklo must turn planned fission plants and fuel-recycling services into operating commercial assets before it can generate revenue from supplying energy and recycling fuel.

Business quality (Unprofitable): Unprofitable, with no reported revenue in the supplied period and an operating margin of -6049%.

Bear case

Severe losses raise funding pressure: An operating margin of -6049% shows that Oklo is currently far from profitable. Sustained losses could require additional funding before projects generate operating income.

Valuation — source: SEC EDGAR (first-party)
Price	$42.10
Market Cap	$7.83B
Price / Book	2.39
FCF Yield	-4.5%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$22.23M
Net Margin	53.4%

Valuation vs Sector & Industry
Sector P/E (Utilities)	20.8
Industry P/E (Utilities)	20.1

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($835.11M)
Institutional Holders Tracked	10

Company
Sector	Utilities
Industry	Utilities
CEO	Jacob Dewitte
Employees	120
Country	US
IPO Date	2021-07-08

Related Companies (Business model: Regulated Utility (Electric / Gas); 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.