Filing Flows › Energy Fuels (UUUU) › Q3 2025
Energy Fuels (UUUU) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 3, 2025
Energy Fuels (UUUU) reported revenue of $17.7M for the third quarter 2025 (Q3 2025), +338% from a year earlier and +320% from the quarter before. Operating margin was -150.6%, net loss $17.0M (96.0% of revenue).
Energy Fuels, Q3 2025: revenue $17.7M (+338% year over year), operating margin -150.6%, net loss $17.0M, operating cash flow −$28.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.7M | +320% | +338% |
| Operating profit | −$26.7M | — | — |
| Net earnings | −$17.0M | — | — |
| Operating cash flow | −$28.5M | — | — |
What changed
Revenue was $17.7M in Q3 2025, up 338% year over year and up 320% from the previous quarter.
Operating costs exceeded revenue by $26.7M, an operating margin of -150.6%. Total costs grew 178% against revenue growth of 338%. The fastest-growing cost line was Cost of revenue (+592%). The quarter ended with a net loss of $17.0M, narrower than the previous quarter's $21.8M loss. Minority interests bore $269K of it: to shareholders the quarter was a loss of $16.7M. Non-operating items added $9.7M, -58% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$28.5M. Non-cash charges added back $1.4M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items used $16.2M. Capital expenditures of $3.8M exceeded it, leaving free cash flow of −$32.3M.
Questions
What was Energy Fuels' revenue in the third quarter 2025?
Energy Fuels (UUUU) reported revenue of $17.7M for the third quarter 2025 (Q3 2025), +338% from a year earlier and +320% from the quarter before.
Was Energy Fuels profitable in the third quarter 2025?
Operating loss was $26.7M (-150.6% of revenue) and net loss $17.0M.
Source: Energy Fuels 10-Q on SEC EDGAR.