Filing Flows › enCore Energy (EU) › Q2 2026
enCore Energy (EU) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
enCore Energy (EU) reported revenue of $15.7M for the second quarter 2026 (Q2 2026), +328% from a year earlier and -14% from the quarter before. Operating margin was -187.9%, net loss $44.6M (284.2% of revenue).
enCore Energy, Q2 2026: revenue $15.7M (+328% year over year), operating margin -187.9%, net loss $44.6M, operating cash flow −$21.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.7M | -14% | +328% |
| Operating profit | −$29.5M | -396% | — |
| Net earnings | −$44.6M | -926% | — |
| Operating cash flow | −$21.1M | — | — |
What changed
Revenue was $15.7M in Q2 2026, up 328% year over year and down 14% from the previous quarter.
Operating costs exceeded revenue by $29.5M, an operating margin of -187.9%. The fastest-growing cost line was General & admin (+37%). The quarter ended with a net loss of $44.6M, after a profit of $2.5M the previous quarter. Minority interests bore $3.2M of it: to shareholders the quarter was a loss of $41.4M.
Operating cash flow was −$21.1M. Non-cash charges added back $1.7M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items added $19.6M.
Questions
What was enCore Energy's revenue in the second quarter 2026?
enCore Energy (EU) reported revenue of $15.7M for the second quarter 2026 (Q2 2026), +328% from a year earlier and -14% from the quarter before.
Was enCore Energy profitable in the second quarter 2026?
Operating loss was $29.5M (-187.9% of revenue) and net loss $44.6M.
Source: enCore Energy 10-Q on SEC EDGAR.