Filing Flows › Centrus Energy (LEU) › Q3 2026
Centrus Energy (LEU) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Centrus Energy (LEU) reported revenue of $55.5M for the third quarter 2026 (Q3 2026), -26% from a year earlier and -68% from the quarter before. Operating margin was -53.5%, net earnings $31.6M (56.9% of revenue).
Centrus Energy, Q3 2026: revenue $55.5M (-26% year over year), operating margin -53.5%, net earnings $31.6M, operating cash flow $5.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $55.5M | -68% | -26% |
| Operating profit | −$29.7M | -386% | — |
| Net earnings | $31.6M | +88% | +710% |
| Operating cash flow | $5.6M | -70% | -45% |
What changed
Revenue was $55.5M in Q3 2026, down 26% year over year and down 68% from the previous quarter. Service was the largest line at 43% of revenue. Uranium lost $16.4M year over year (down 48%), 85% of the total change.
Operating costs exceeded revenue by $29.7M, an operating margin of -53.5%. Total costs fell 7% while revenue fell 26%. The fastest-growing cost line was Research & development (+176%). Net earnings were $31.6M, up 710% year over year. The effective tax rate was -10.1%. Non-operating items added $58.4M, 203% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $5.6M (down 45% year over year), 18% of net earnings. Non-cash charges added back $1.7M of depreciation and amortization. Working capital and other items used $27.7M. Capital expenditures of $131.6M exceeded it, leaving free cash flow of −$126.0M.
Questions
What was Centrus Energy's revenue in the third quarter 2026?
Centrus Energy (LEU) reported revenue of $55.5M for the third quarter 2026 (Q3 2026), -26% from a year earlier and -68% from the quarter before.
Was Centrus Energy profitable in the third quarter 2026?
Operating loss was $29.7M (-53.5% of revenue) and net earnings $31.6M.
Source: Centrus Energy 10-Q on SEC EDGAR.