Filing Flows › Energy Fuels (UUUU) › Q1 2026
Energy Fuels (UUUU) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Energy Fuels (UUUU) reported revenue of $35.8M for the first quarter 2026 (Q1 2026), +112% from a year earlier and +32% from the quarter before. Operating margin was -47.2%, net loss $11.0M (30.6% of revenue).
Energy Fuels, Q1 2026: revenue $35.8M (+112% year over year), operating margin -47.2%, net loss $11.0M, operating cash flow $8.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $35.8M | +32% | +112% |
| Operating profit | −$16.9M | — | — |
| Net earnings | −$11.0M | — | — |
| Operating cash flow | $8.3M | — | — |
| Free cash flow | $5.6M | — | — |
What changed
Revenue was $35.8M in Q1 2026, up 112% year over year and up 32% from the previous quarter.
Operating costs exceeded revenue by $16.9M, an operating margin of -47.2%. Total costs grew 22% against revenue growth of 112%. The fastest-growing cost line was Other operating costs (+53%). The quarter ended with a net loss of $11.0M, narrower than the previous quarter's $20.9M loss. Minority interests bore $116K of it: to shareholders the quarter was a loss of $10.8M. Non-operating items added $6.0M, -55% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $8.3M. Non-cash charges added back $1.4M of depreciation and amortization and $3.5M of share-based compensation. Working capital and other items added $14.3M. Capital expenditures of $2.8M left free cash flow of $5.6M.
Questions
What was Energy Fuels' revenue in the first quarter 2026?
Energy Fuels (UUUU) reported revenue of $35.8M for the first quarter 2026 (Q1 2026), +112% from a year earlier and +32% from the quarter before.
Was Energy Fuels profitable in the first quarter 2026?
Operating loss was $16.9M (-47.2% of revenue) and net loss $11.0M.
Source: Energy Fuels 10-Q on SEC EDGAR.