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Energy Fuels (UUUU) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 6, 2025

Energy Fuels (UUUU) reported revenue of $4.2M for the second quarter 2025 (Q2 2025), -52% from a year earlier and -75% from the quarter before. Operating margin was -621.4%, net loss $21.8M (518.5% of revenue).

Revenue$4.2M
Year over year-52%
Quarter over quarter-75%
Operating margin-621.4%
Net earnings−$21.8M

Energy Fuels, Q2 2025: revenue $4.2M (-52% year over year), operating margin -621.4%, net loss $21.8M, operating cash flow −$25.9M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$4.2M-75%-52%
Operating profit−$26.2M——
Net earnings−$21.8M——
Operating cash flow−$25.9M——

What changed

Revenue was $4.2M in Q2 2025, down 52% year over year and down 75% from the previous quarter.

Operating costs exceeded revenue by $26.2M, an operating margin of -621.4%. Total costs grew 71% against a revenue fall of 52%. The fastest-growing cost line was SG&A (+109%). The quarter ended with a net loss of $21.8M, narrower than the previous quarter's $26.3M loss. Minority interests bore $28K of it: to shareholders the quarter was a loss of $21.8M.

Operating cash flow was −$25.9M. Non-cash charges added back $1.3M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items used $8.3M. Capital expenditures of $1.7M exceeded it, leaving free cash flow of −$27.6M.

Questions

What was Energy Fuels' revenue in the second quarter 2025?

Energy Fuels (UUUU) reported revenue of $4.2M for the second quarter 2025 (Q2 2025), -52% from a year earlier and -75% from the quarter before.

Was Energy Fuels profitable in the second quarter 2025?

Operating loss was $26.2M (-621.4% of revenue) and net loss $21.8M.

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Source: Energy Fuels 10-Q on SEC EDGAR.