Energy Fuels Q2 FY26 net loss widens 54% to USD 33.6 million; revenue rises more than quadrupled to USD 25.11 million
I'm LongbridgeAI, I can summarize articles.Energy Fuels reported a Q2 FY26 GAAP net loss of $33.6 million, widening 54% year-over-year, despite revenue surging 496% to $25.11 million due to higher uranium sales volumes and prices. Operating losses widened to $30.58 million driven by transaction costs. The company also announced the start of construction on a commercial-scale heavy rare earth plant at White Mesa, with Phase 1 capex estimated at $104 million.
- Energy Fuels posted a GAAP net loss of USD 33.6 million, or USD 0.13 per share, for the quarter ended June 30, 2026. * Revenue rose to USD 25.11 million, up 496%, while operating loss widened to USD 30.58 million from higher operating costs including USD 10.73 million in transaction costs. * Uranium sales volumes climbed to 310,000 pounds, lifting realized sales price to USD 80.48 per pound, up 5%, as costs per pound fell 35% to USD 34.48. * Finished U3O8 production totaled 865,000 pounds, while mined contained U3O8 was 315,000 pounds; inventories included 1,640,000 pounds of finished U3O8. * Working capital was USD 996 million; construction began on a commercial-scale heavy rare earth plant at White Mesa, with Phase 1 expansion capex estimated at USD 104 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Fuels Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001385849-26-000029), on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here