Filing Flows › Western Uranium & Vanadium (WSTRF) › Q3 2025
Western Uranium & Vanadium (WSTRF) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Western Uranium & Vanadium (WSTRF) reported revenue of $328K for the third quarter 2025 (Q3 2025), +520% from a year earlier and +976% from the quarter before. Operating margin was -356.8%, net loss $1.1M (341.8% of revenue).
Western Uranium & Vanadium, Q3 2025: revenue $328K (+520% year over year), operating margin -356.8%, net loss $1.1M, operating cash flow −$1.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $328K | +976% | +520% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | −$1.2M | — | — |
What changed
Revenue was $328K in Q3 2025, up 520% year over year and up 976% from the previous quarter.
Operating costs exceeded revenue by $1.2M, an operating margin of -356.8%. Total costs fell 36% while revenue rose 520%. The quarter ended with a net loss of $1.1M, narrower than the previous quarter's $2.0M loss.
Operating cash flow was −$1.2M. Non-cash charges added back $210K of depreciation and $89K of share-based compensation. Working capital and other items used $396K. Capital expenditures of $24K exceeded it, leaving free cash flow of −$1.2M.
Questions
What was Western Uranium & Vanadium's revenue in the third quarter 2025?
Western Uranium & Vanadium (WSTRF) reported revenue of $328K for the third quarter 2025 (Q3 2025), +520% from a year earlier and +976% from the quarter before.
Was Western Uranium & Vanadium profitable in the third quarter 2025?
Operating loss was $1.2M (-356.8% of revenue) and net loss $1.1M.