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Filing Flows › Ur-Energy (URG) › Q1 2026 › vs Q4 2025

Ur-Energy (URG) Q1 2026 vs Q4 2025 (quarter over quarter)

Ur-Energy's revenue fell $6.5M (-62%) from $10.4M in Q4 2025 to $3.9M in Q1 2026.

Ur-Energy, Q1 2026: revenue $3.9M, operating margin -517.2%, net loss $28.8M, operating cash flow −$16.5M. The chart draws each line against Q4 2025, the increases inside each band.

Ur-Energy: what changed, Q1 2026 vs Q4 2025Ur-Energy: what changed, Q1 2026 vs Q4 2025Working capital & other$14.9MNet loss$13.2MOperating cash sources$13.2MNet loss absorbed$13.2MInterest & other, net$10.8MCost of revenue−$6.3MCosts & expenses$4.3MOperating costs−$4.2MCash used in operations−$2.3MGeneral & admin$2.3M

Every line

LineQ1 2026Q4 2025Change%
Revenue$3.9M$10.4M−$6.5M-62%
Net loss$28.8M$15.6M$13.2M+85%
Costs & expenses$32.7M$28.4M$4.3M+15%
Operating costs$24.3M$28.4M−$4.2M-15%
Interest & other, net$8.4M−$2.4M$10.8M—
Cost of revenue$2.7M$9.0M−$6.3M-70%
General & admin$3.9M$1.6M$2.3M+140%
Other operating costs$17.7M$17.8M−$152K-0.9%
Operating cash sources$28.8M$15.6M$13.2M+85%
Depreciation$1.0M$1.1M−$66K-6%
Share-based compensation$623K$0$623K—
Working capital & other$10.7M−$4.3M$14.9M—
Cash used in operations$16.5M$18.8M−$2.3M-12%
Net loss absorbed$28.8M$15.6M$13.2M+85%

Questions

How much did Ur-Energy's revenue grow quarter over quarter in Q1 2026?

Ur-Energy's revenue fell $6.5M (-62%) from $10.4M in Q4 2025 to $3.9M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →