Filing Flows › enCore Energy (EU) › Q1 2026 › vs Q1 2025
enCore Energy (EU) Q1 2026 vs Q1 2025 (year over year)
enCore Energy's revenue rose $62K (+0.3%) from $18.2M in Q1 2025 to $18.3M in Q1 2026. Operating margin 54.4% against -85.7% (+140.1 pts).
enCore Energy, Q1 2026: revenue $18.3M (+0.3% year over year), operating margin 54.4%, net earnings $5.4M, operating cash flow −$21.4M. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Operating margin | 54.4% | -85.7% | +140.1 pts |
| Net margin | 29.5% | -132.9% | +162.4 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $18.3M | $18.2M | $62K | +0.3% |
| Operating profit | $10.0M | −$15.6M | $25.6M | — |
| Costs & expenses | $8.3M | $33.9M | −$25.5M | -75% |
| Pre-tax earnings | $2.3M | −$25.6M | $27.9M | — |
| Other expense, net | $7.6M | $9.9M | −$2.3M | -23% |
| Income tax benefit | $193K | $182K | $11K | +6% |
| Loss borne by minority interests | $2.9M | $1.1M | $1.7M | +153% |
| Net earnings | $5.4M | −$24.2M | $29.6M | — |
| Operating cash sources | $30.4M | −$14.5M | $44.9M | — |
| Depreciation & amortization | $1.2M | $1.1M | $81K | +7% |
| Share-based compensation | $2.4M | $878K | $1.5M | +170% |
| Cash used in operations | $21.4M | $7.7M | $13.7M | +177% |
| Working capital & other | $30.4M | −$14.5M | $44.9M | — |
Questions
How much did enCore Energy's revenue grow year over year in Q1 2026?
enCore Energy's revenue rose $62K (+0.3%) from $18.2M in Q1 2025 to $18.3M in Q1 2026. Operating margin 54.4% against -85.7% (+140.1 pts).