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DEEP FISSION, INC. Q2 2026: Net loss $(31.0M), EPS $(0.56) — 10-Q Summary

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Aug 3, 2026 at 09:31 PM
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Deep Fission, Inc. reported a widened net loss of $31.0M ($0.56 EPS) for Q2 2026, compared to a $3.8M loss in the prior year. The six-month net loss reached $52.4M. Operationally, the company completed a 6,000 ft data-acquisition well and is advancing proof-of-concept work at its Kansas site. It continues pursuing commercialization via DOE pilot participation and NRC licensing alignment while progressing its Gravity Reactor design.

DEEP FISSION, INC. reported a widened net loss for the second quarter of 2026, posting a $(31.0M) loss for the three months ended June 30, 2026, versus a $(3.8M) loss in the year-ago quarter. Diluted loss per share was $(0.56) in Q2 2026 compared with $(0.27) a year earlier. For the six months ended June 30, 2026, the company recorded a $(52.4M) net loss versus a $(6.9M) loss in the first half of 2025.

Financial Highlights

  • Net income: $(31.0M) net loss for the three months ended June 30, 2026, versus $(3.8M) net loss in the year-ago quarter (worsened YoY).
  • Diluted earnings per share: $(0.56) for the three months ended June 30, 2026, versus $(0.27) in the year-ago quarter (decline YoY).
  • Net income (six months): $(52.4M) net loss for the six months ended June 30, 2026, versus $(6.9M) net loss in the six months ended June 30, 2025 (worsened YoY).

Business Highlights

  • Commercialization roadmap: The company is pursuing a phased deployment targeting commercialization in roughly three years, with participation in a DOE pilot and alignment with NRC licensing processes.
  • Operational milestones: Completed a 6,000 ft data-acquisition well and is advancing a near full-scale proof-of-concept well and site development at its Kansas site.
  • Technology and IP momentum: Progressing its Gravity Reactor design (a deep-borehole PWR) with issued and pending patents covering subsurface and reactor technologies.
  • Program focus: Prioritizing drilling, subterranean emplacement, and full-system integration milestones to validate safety, cooling, and rapid deployment claims.

Original SEC Filing: DEEP FISSION, INC. [ FISN ] - 10-Q - Aug. 03, 2026

Disclaimer
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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Deep Fission

Deep Fission

FISN.US

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