Filing Flows › Centrus Energy (LEU) › Q2 2026 › vs Q1 2026
Centrus Energy (LEU) Q2 2026 vs Q1 2026 (quarter over quarter)
Centrus Energy's revenue rose $99.4M (+130%) from $76.7M in Q1 2026 to $176M in Q2 2026. The biggest changes: Product +$109M (+244%); Service −$9.4M (-29%). Gross margin 28.3% against 41.1% (-12.7 pts).
Centrus Energy, Q2 2026: revenue $176M (+14% year over year), operating margin 5.9%, net earnings $16.8M, operating cash flow $18.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 28.3% | 41.1% | -12.7 pts |
| Operating margin | 5.9% | 1.0% | +4.9 pts |
| Net margin | 9.5% | 13.0% | -3.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Separative Work Units | $100M | $41.6M | $58.4M | +140% |
| Uranium | $53.4M | $3.0M | $50.4M | 18× |
| Product | $153M | $44.6M | $109M | +244% |
| Service | $22.7M | $32.1M | −$9.4M | -29% |
| Revenue | $176M | $76.7M | $99.4M | +130% |
| Gross profit | $49.9M | $31.5M | $18.4M | +58% |
| Cost of revenue | $126M | $45.2M | $81.0M | +179% |
| Other income, net | $11.2M | $11.7M | −$500K | -4% |
| Operating profit | $10.4M | $800K | $9.6M | 13× |
| Operating expenses | $39.5M | $30.7M | $8.8M | +29% |
| Pre-tax earnings | $21.6M | $12.5M | $9.1M | +73% |
| Research & development | $10.8M | $18.9M | −$8.1M | -43% |
| SG&A | $26.2M | $10.0M | $16.2M | +162% |
| Other operating costs | $2.5M | $1.8M | $700K | +39% |
| Net earnings | $16.8M | $10.0M | $6.8M | +68% |
| Income tax | $4.8M | $2.5M | $2.3M | +92% |
| Depreciation & amortization | $2.9M | $2.2M | $700K | +32% |
| Working capital & other | $1.3M | $47.3M | −$46.0M | -97% |
| Operating cash flow | $18.4M | −$35.1M | $53.5M | — |
| Capital expenditures | $71.6M | $23.2M | $48.4M | +209% |
| Negative free cash flow (OCF − capex) | $53.2M | $58.3M | −$5.1M | -9% |
Questions
How much did Centrus Energy's revenue grow quarter over quarter in Q2 2026?
Centrus Energy's revenue rose $99.4M (+130%) from $76.7M in Q1 2026 to $176M in Q2 2026.
What drove Centrus Energy's revenue change in Q2 2026?
Product +$109M (+244%); Service −$9.4M (-29%).