| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 74.90 | 51.5% | 29.8% |
| Total Income | 74.90 | 51.5% | 29.8% |
| Expenditure | 91.50 | 24.4% | 40.1% |
| PBT | -8.00 | 121.4% | 35.6% |
| Net Profit | 3.90 | 86.5% | 178.0% |
| OPM | -22.16% | 43.85pp | 8.99pp |
| NPM | 5.21% | 13.50pp | 13.87pp |
| EPS | 0.21 | 87.1% | 170.0% |
Centrus Reports Q3 2025 Net Income of $3.9 Million
04 May 2026 · 4 May, 7:58 am
Summary
Centrus Energy Corp. reported net income of $3.9 million for Q3 2025, compared to a net loss of $5.0 million in Q3 2024. Revenue increased to $74.9 million, up from $57.7 million in the same period last year. The company strengthened its financial position by closing an upsized convertible senior notes offering, increasing its unrestricted cash balance to $1.6 billion. Management highlighted progress in enrichment build-out and securing U.S. government import waivers.
Key Highlights
- 1
Centrus Energy Corp. reported a net income of $3.9 million on $74.9 million in revenue for Q3 2025.
- 2
The company's net loss was $5.0 million on $57.7 million in revenue in Q3 2024.
- 3
Centrus strengthened its balance sheet and increased its unrestricted cash balance to $1.6 billion through an $805 million convertible senior notes offering.
- 4
The company secured U.S. government waivers for 2026 and 2027 Russian committed deliveries.
- 5
An agreement was signed with KHNP and POSCO International for potential investment to support the Piketon, Ohio, uranium enrichment plant expansion.
- 6
The company's backlog is $3.9 billion as of September 30, 2025, extending to 2040, with the LEU segment backlog at approximately $3.0 billion.
- 7
Revenue from the LEU segment increased by $10.0 million (or 29%) to $44.8 million for the three months ended September 30, 2025.
Management Comments
Amir Vexler
Centrus continued to build on its strong year-to-date financial results in the third quarter while making significant progress in preparation for our enrichment build-out. We de-risked and strengthened our business across a number of initiatives, including securing U.S. government import waivers for our 2026 and 2027 committed deliveries, significantly expanding our cash balance, beginning to hire across our operations, and signing an agreement with KHNP and POSCO International to support our planned expansion. With LEU SWU prices near historic highs, there is clear, accelerating market demand for a new U.S.-owned enrichment supply to service the domestic and global markets. Centrus is proud to offer a publicly-traded, American source of enrichment that can meet both the commercial and national security needs.”
Informational and educational content only. Not investment advice.