CENTRUS ENERGY CORP (LEU) Form 8-K — Nov 4, 2026
Centrus Energy reported Q3 2026 revenue of $55.5 million, down 26% from $74.9 million a year ago, with a gross loss of $10.6 million that widened from $4.3 million. GAAP net income was $31.6 million ($1.53 basic EPS), but that was driven by a $46.4 million non-cash gain on warrant liability revaluation; adjusted net loss was $9.4 million versus adjusted net income of $5.2 million in Q3 2025. Operationally, the company hit key expansion milestones two months ahead of schedule, shipping its first centrifuge from Oak Ridge and finalizing all critical supply-chain contracts.
Key figures
- Eps
- 1.53 basic / 1.41 diluted GAAP; -0.46 adjusted
- Revenue
- 55500000
- Guidance
- FY2026 revenue $450-500 million; capital deployment $350-500 million
- Net Income
- 31600000
- Revenue Yoy
- -26%
- Leu backlog
- 6200000000
- Total backlog
- 7000000000
- Warrant liability
- 2204000000
- Gross loss q3 2026
- 10600000
- Adjusted net loss q3 2026
- 9400000
- Gain on warrant fair value
- 46400000
- Technical solutions backlog
- 800000000
- Contingent leu haleu commitments
- 5400000000
AI analysis
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