---
title: "Ur Energy | 8-K: FY2026 Q2 Revenue: USD 14.37 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295455706.md"
datetime: "2026-08-10T21:50:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295455706.md)
  - [en](https://longbridge.com/en/news/295455706.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295455706.md)
---

# Ur Energy | 8-K: FY2026 Q2 Revenue: USD 14.37 M

Revenue: As of FY2026 Q2, the actual value is USD 14.37 M.

#### Operational Metrics

Ur-Energy Inc. processed and packaged 140,873 pounds of U₃O₈ during the second quarter of 2026, representing a 47.4% increase over the first quarter of 2026 and a 25.7% increase over the second quarter of 2025. This marks the most U₃O₈ drummed in a calendar quarter since the ramp-up at Lost Creek began in 2022. The company shipped 149,747 pounds of U₃O₈ to the conversion facility in the second quarter of 2026, an increase of 44.0% over the first quarter of 2026 and 42.2% over the second quarter of 2025. Pounds captured in Q2 2026 were 105,016, which is a -4.8% decrease from Q1 2026 and an -18.6% decrease from Q2 2025. The cash cost per pound of U₃O₈ sold in Q2 2026 was $40.20, compared to $37.51 in Q1 2026 and $42.83 in Q2 2025.

#### Revenue and Sales

Sales for the second quarter under contracted deliveries totaled 215,000 pounds of U₃O₈, generating $14.4 million in product sales revenue. The average sales price per pound was $66.85 in Q2 2026, a -5.8% decrease from Q1 2026 ($70.98) but a 5.8% increase from Q2 2025 ($63.20). Total U₃O₈ product sales were $14,373 thousand in Q2 2026, consisting of $10,692 thousand from produced U₃O₈ and $3,681 thousand from non-produced U₃O₈. The U₃O₈ product profit for Q2 2026 was $2,049 thousand.

#### Liquidity and Inventory

Unrestricted cash and cash equivalents totaled $95.3 million at June 30, 2026. Ur-Energy Inc. ended the second quarter with 348,292 pounds of finished inventory at the conversion facility, which was a 16.5% decrease from the first quarter of 2026 and 10.4% more than the second quarter of 2025. Total U₃O₈ ending inventory was 367,788 pounds in Q2 2026, with a value of $22,607 thousand.

#### U₃O₈ Product Costs

Total U₃O₈ product costs were $12,325 thousand in Q2 2026, with $8,738 thousand from produced U₃O₈ and $3,587 thousand from non-produced U₃O₈. The U₃O₈ cost per pound sold was $57.32 in Q2 2026, including $4.44 for ad valorem and severance taxes, $35.76 for cash costs, and $12.76 for non-cash costs for produced U₃O₈, and $71.74 for non-produced U₃O₈.

#### U₃O₈ Profitability

U₃O₈ profit per pound sold was $9.53 in Q2 2026. The overall U₃O₈ profit margin was 14.3% in Q2 2026.

#### Outlook / Guidance

Ur-Energy Inc. expects to make base deliveries of 1.0 million pounds of U₃O₈ in 2026, having already delivered 270,000 pounds in the first half of the year. The company has proactively deferred the delivery of 150,000 pounds to 2027 and another 150,000 pounds to 2029 to enhance its ability to fulfill subsequent 2026 deliveries from existing inventory and new production. Full production operations at Shirley Basin are anticipated to commence soon, with wellfield construction for the fifth mine unit at Lost Creek expected to begin by year-end 2026, and a new wastewater treatment facility planned for Q1 2027.

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