Filing Flows › Western Uranium & Vanadium (WSTRF) › Q1 2026
Western Uranium & Vanadium (WSTRF) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Western Uranium & Vanadium (WSTRF) reported revenue of $27K for the first quarter 2026 (Q1 2026), -34% from a year earlier and +8% from the quarter before.
Western Uranium & Vanadium, Q1 2026: revenue $27K (-34% year over year), net loss $1.6M, operating cash flow −$1.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $27K | +8% | -34% |
| Operating profit | −$1.6M | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$1.0M | — | — |
What changed
Revenue was $27K in Q1 2026, down 34% year over year and up 8% from the previous quarter.
Operating costs exceeded revenue by $1.6M, an operating margin of -5961.5%. Total costs fell 39% while revenue fell 34%. The quarter ended with a net loss of $1.6M, wider than the previous quarter's $1.4M loss.
Operating cash flow was −$1.0M. Non-cash charges added back $219K of depreciation and $238K of share-based compensation. Working capital and other items added $100K. Capital expenditures of $10K exceeded it, leaving free cash flow of −$1.1M.
Questions
What was Western Uranium & Vanadium's revenue in the first quarter 2026?
Western Uranium & Vanadium (WSTRF) reported revenue of $27K for the first quarter 2026 (Q1 2026), -34% from a year earlier and +8% from the quarter before.