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Western Uranium & Vanadium (WSTRF) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Apr 15, 2026

Western Uranium & Vanadium (WSTRF) reported revenue of $25K for the fourth quarter 2025 (Q4 2025), -31% from a year earlier and -92% from the quarter before.

Revenue$25K
Year over year-31%
Quarter over quarter-92%
Operating margin—
Net earnings−$1.4M

Western Uranium & Vanadium, Q4 2025: revenue $25K (-31% year over year), net loss $1.4M, operating cash flow −$993K. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$25K-92%-31%
Operating profit−$1.5M——
Net earnings−$1.4M——
Operating cash flow−$993K——

What changed

Revenue was $25K in Q4 2025, down 31% year over year and down 92% from the previous quarter.

Operating costs exceeded revenue by $1.5M, an operating margin of -5791.2%. Total costs fell 47% while revenue fell 31%. The quarter ended with a net loss of $1.4M, wider than the previous quarter's $1.1M loss.

Operating cash flow was −$1.0M. Non-cash charges added back $212K of depreciation and $48K of share-based compensation. Working capital and other items added $195K. Capital expenditures of $395K exceeded it, leaving free cash flow of −$1.4M.

Questions

What was Western Uranium & Vanadium's revenue in the fourth quarter 2025?

Western Uranium & Vanadium (WSTRF) reported revenue of $25K for the fourth quarter 2025 (Q4 2025), -31% from a year earlier and -92% from the quarter before.

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