Filing Flows › Centrus Energy (LEU) › Q3 2025
Centrus Energy (LEU) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Centrus Energy (LEU) reported revenue of $74.9M for the third quarter 2025 (Q3 2025), +30% from a year earlier and -52% from the quarter before. Operating margin was -22.2%, net earnings $3.9M (5.2% of revenue).
Centrus Energy, Q3 2025: revenue $74.9M (+30% year over year), operating margin -22.2%, net earnings $3.9M, operating cash flow $10.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $74.9M | -52% | +30% |
| Operating profit | −$16.6M | -150% | — |
| Net earnings | $3.9M | -87% | — |
| Operating cash flow | $10.1M | -81% | — |
| Free cash flow | $5.7M | -88% | — |
What changed
Revenue was $74.9M in Q3 2025, up 30% year over year and down 52% from the previous quarter. Uranium was the largest line at 46% of revenue. Service added $7.2M year over year (up 31%), 42% of the total change. Separative Work Units declined 69%.
Operating costs exceeded revenue by $16.6M, an operating margin of -22.2%. Net earnings were $3.9M. Non-operating items added $8.6M, -108% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $10.1M, 259% of net earnings. Non-cash charges added back $1.5M of depreciation and amortization. Working capital and other items added $4.7M. Capital expenditures of $4.4M left free cash flow of $5.7M.
Questions
What was Centrus Energy's revenue in the third quarter 2025?
Centrus Energy (LEU) reported revenue of $74.9M for the third quarter 2025 (Q3 2025), +30% from a year earlier and -52% from the quarter before.
Was Centrus Energy profitable in the third quarter 2025?
Operating loss was $16.6M (-22.2% of revenue) and net earnings $3.9M.
Source: Centrus Energy 10-Q on SEC EDGAR.