---
title: "enCore Energy Corp. 1Q 2026: Revenue $18.3M, Net income $5.4M, EPS $0.03— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286457051.md"
description: "enCore Energy Corp. reported its first-quarter 2026 results, showing revenue of $18.3M and net income of $5.4M, a significant improvement from a net loss of $24.24M in the prior year. The increase in revenue was attributed to steady uranium sales and higher realized prices. Sales volumes decreased by 7% to approximately 270k lbs, while the realized price rose by 8% to $67.78 per lb. The company continues to progress with regulatory permits and operational activities at its facilities."
datetime: "2026-05-14T19:21:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286457051.md)
  - [en](https://longbridge.com/en/news/286457051.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286457051.md)
---

# enCore Energy Corp. 1Q 2026: Revenue $18.3M, Net income $5.4M, EPS $0.03— 10-Q Summary

enCore Energy Corp. reported first-quarter 2026 results with revenue of $18.3M and net income of $5.4M, driven by steady uranium sales and higher realized prices versus the prior-year quarter.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$18.3M

$18.24M

0.3%

Net income²

$5.4M

($24.24M)

122.3%

Diluted EPS³

$0.03

($0.13)

123.1%

_¹ Reported as “Revenue”. ² Reported as “Net income (loss) attributable to enCore Energy Corp.”. ³ Reported as “Net income (loss) per share basic and diluted”._

**Business Highlights**

-   Uranium sales remained steady at about $18.3M; sales volumes declined about 7% to ~270k lbs while realized price rose 8% to $67.78 per lb.
-   Continued ISR extraction at Alta Mesa; extracted costs were approximately $46.43 per lb versus purchased inventory cost of about $78.82 per lb.
-   Alta Mesa CPP is fully operational with two ion-exchange circuits; Rosita CPP is in partial standby and PAA-7 is online.
-   Exploration and resource work, including Alta Mesa East drilling and reanalysis, identified new shallow roll-fronts that could enable faster, lower-cost delineation.
-   Regulatory and permitting progress: South Texas permits remain current; Dewey Burdock advanced with NRC renewal activities and inclusion in the Fast-41 process for accelerated review.

Original SEC Filing: enCore Energy Corp. \[ EU \] - 10-Q - May. 14, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

### Related Stocks

- [EU.US](https://longbridge.com/en/quote/EU.US.md)

## Related News & Research

- [The Seed 40: The best women early-stage investors of 2026](https://longbridge.com/en/news/286743171.md)
- [LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS | LOW Stock News](https://longbridge.com/en/news/287043063.md)
- [Vulnerability Exploitation Top Breach Entry Point, 2026 Industry-Wide DBIR Finds | VZ Stock News](https://longbridge.com/en/news/286918426.md)
- [US 10-year Treasury yield expected to fall by year-end](https://longbridge.com/en/news/287011743.md)
- [The Seed 100: The best early-stage investors of 2026](https://longbridge.com/en/news/286743225.md)