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Western Uranium & Vanadium (WSTRF) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 14, 2026

Western Uranium & Vanadium (WSTRF) reported revenue of $200K for the second quarter 2026 (Q2 2026), +554% from a year earlier and +630% from the quarter before. Operating margin was -608.6%, net loss $1.2M (582.3% of revenue).

Revenue$200K
Year over year+554%
Quarter over quarter+630%
Operating margin-608.6%
Net earnings−$1.2M

Western Uranium & Vanadium, Q2 2026: revenue $200K (+554% year over year), operating margin -608.6%, net loss $1.2M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$200K+630%+554%
Operating profit−$1.2M——
Net earnings−$1.2M——
Operating cash flow−$1.1M——

What changed

Revenue was $200K in Q2 2026, up 554% year over year and up 630% from the previous quarter.

Operating costs exceeded revenue by $1.2M, an operating margin of -608.6%. Total costs fell 30% while revenue rose 554%. The quarter ended with a net loss of $1.2M, narrower than the previous quarter's $1.6M loss.

Operating cash flow was −$1.1M. Non-cash charges added back $214K of depreciation and $90K of share-based compensation. Working capital and other items used $267K. Capital expenditures of $19K exceeded it, leaving free cash flow of −$1.1M.

Questions

What was Western Uranium & Vanadium's revenue in the second quarter 2026?

Western Uranium & Vanadium (WSTRF) reported revenue of $200K for the second quarter 2026 (Q2 2026), +554% from a year earlier and +630% from the quarter before.

Was Western Uranium & Vanadium profitable in the second quarter 2026?

Operating loss was $1.2M (-608.6% of revenue) and net loss $1.2M.

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Source: Western Uranium & Vanadium 10-Q on SEC EDGAR.