Centrus Energy Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Centrus Energy Corp reported revenue of $448.7M (+1.5% year on year) and net income of $77.8M (+6.3% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Total revenue | $448.7M | $442.0M | $320.2M | $293.8M |
| Cost of sales | $331.2M | $330.5M | $208.1M | $175.9M |
| Gross profit (loss) | $117.5M | $111.5M | $112.1M | $117.9M |
| Advanced technology license and decommissioning costs | $16.9M | $17.2M | $14.2M | $14.8M |
| Selling, general and administrative | $36.2M | $36.2M | $35.6M | $33.9M |
| Amortization of intangible assets | $8.4M | $9.8M | $6.3M | $9.0M |
| Operating income (loss) | $50.2M | $48.0M | $52.4M | $59.7M |
| Nonoperating components of net periodic benefit expense (income) | $6.8M | ($14.7M) | ($23.2M) | ($6.6M) |
| Interest Expense, Nonoperating | $14.0M | — | — | — |
| Investment income | ($44.7M) | ($12.9M) | ($8.7M) | ($2.0M) |
| Other Nonoperating Income | $0 | ($100.0K) | ($1.5M) | — |
| Income (loss) before income taxes | $85.9M | $73.0M | $84.5M | $67.8M |
| Provision (benefit) for income taxes | $8.1M | ($200.0K) | $100.0K | $15.6M |
| Net income (loss) | $77.8M | $73.2M | $84.4M | $52.2M |
| Net income (loss) per common share - basic | $4.33 | $4.49 | $5.55 | $3.47 |
| Net income (loss) per common share - diluted | $3.90 | $4.47 | $5.44 | $3.38 |
| Average number of shares outstanding, basic | 18.0M | 16.3M | 15.2M | 14.6M |
| Average number of shares outstanding, diluted | 19.9M | 16.4M | 15.5M | 15.0M |
| Labor and Related Expense | $5.8M | — | — | — |
| Gain (Loss) on Extinguishment of Debt | ($11.8M) | — | — | — |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | $176.1M | $76.7M | $74.9M | $154.5M |
| Cost of sales | $126.2M | $45.2M | $79.2M | $100.6M |
| Gross profit (loss) | $49.9M | $31.5M | ($4.3M) | $53.9M |
| Advanced technology license and decommissioning costs | $10.8M | $18.9M | $1.7M | $3.3M |
| Selling, general and administrative | $26.2M | $10.0M | $8.9M | $9.2M |
| Amortization of intangible assets | $2.5M | $1.8M | $1.1M | $3.7M |
| Operating income (loss) | $10.4M | $800.0K | ($16.6M) | $33.5M |
| Nonoperating components of net periodic benefit expense (income) | $1.0M | $1.0M | $1.0M | $1.0M |
| Interest expense | $4.2M | $4.0M | $3.4M | $3.1M |
| Investment income | ($16.3M) | ($17.0M) | ($12.9M) | ($8.0M) |
| Gain (Loss) on Extinguishment of Debt | $0 | $0 | $0 | $0 |
| Other Nonoperating Income | ($100.0K) | $300.0K | ($100.0K) | $0 |
| Income (loss) before income taxes | $21.6M | $12.5M | ($8.0M) | $37.4M |
| Provision (benefit) for income taxes | $4.8M | $2.5M | ($11.9M) | $8.5M |
| Net income (loss) | $16.8M | $10.0M | $3.9M | $28.9M |
| Net income (loss) per common share - basic | $0.85 | $0.51 | $0.21 | $1.63 |
| Net income (loss) per common share - diluted | $0.77 | $0.45 | $0.19 | $1.59 |
| Average number of shares outstanding, basic | 19.9M | 19.8M | 18.3M | 17.7M |
| Average number of shares outstanding, diluted | 21.9M | 22.4M | 20.7M | 18.1M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $2.0B | $671.4M | $201.2M | $179.9M |
| Accounts receivable, net | $30.7M | $80.0M | $49.4M | $38.1M |
| Inventories | $322.9M | $161.6M | $306.4M | $209.2M |
| Deferred costs associated with deferred revenue | $40.9M | $63.9M | $117.6M | $135.7M |
| Other current assets | $11.9M | $38.3M | $10.8M | $24.2M |
| Total current assets | $2.4B | $1.0B | $685.4M | $587.1M |
| Property, Plant and Equipment, Net | $29.5M | $9.4M | $7.0M | $5.5M |
| Deposits for surety bonds | $2.7M | $2.6M | $32.4M | $32.3M |
| Intangible assets | $21.2M | $29.6M | $39.4M | $45.7M |
| Deferred tax assets, net | $21.9M | $29.3M | $28.5M | $26.8M |
| Other long-term assets | $7.0M | $7.3M | $3.5M | $8.1M |
| Total Assets | $2.4B | $1.1B | $796.2M | $705.5M |
| Accounts payable and accrued liabilities | $41.6M | $38.8M | $56.2M | $65.5M |
| Payables under SWU purchase agreements | $18.5M | $29.5M | $41.9M | $43.6M |
| Inventories owed to customers and suppliers | $192.7M | $16.2M | $84.3M | $60.8M |
| Deferred revenue and advances from customers | $131.1M | $216.4M | $282.6M | $273.2M |
| Short-term inventory loan | $38.9M | $39.8M | — | — |
| Current debt | $0 | $6.1M | $6.1M | $6.1M |
| Total current liabilities | $422.8M | $346.8M | $471.1M | $449.2M |
| Long-term debt | $1.2B | $472.5M | $89.6M | $95.7M |
| Postretirement health and life benefit obligations | $72.2M | $74.6M | $81.2M | $84.5M |
| Pension benefit liabilities | $3.0M | $4.0M | $17.3M | $43.6M |
| Long-term SWU Loans | $0 | $26.2M | $63.1M | $48.7M |
| Other long-term liabilities | $8.0M | $7.9M | $8.8M | $11.7M |
| Total liabilities | $1.7B | $932.0M | $763.9M | $779.6M |
| Preferred Stock, Par Value Per Share | $1.00 | $1.00 | $1.00 | $1.00 |
| Preferred stock | $0 | $0 | $0 | — |
| Common Stock, Shares Authorized | 100.0M | 100.0M | 100.0M | 100.0M |
| Common Stock, Par or Stated Value Per Share | $0.20 | $0.20 | $0.20 | $0.20 |
| Common Stock, Shares, Issued | 19.7M | 16.8M | 15.7M | 14.6M |
| Common stock | $2.0M | $1.7M | $1.6M | $1.5M |
| Excess of capital over par value | $762.3M | $236.5M | $180.5M | $158.1M |
| Accumulated deficit | $1.5M | ($76.3M) | ($149.5M) | ($233.9M) |
| Accumulated other comprehensive income (loss), net of tax | ($700.0K) | ($500.0K) | ($300.0K) | $200.0K |
| Total stockholders' deficit | $765.1M | $161.4M | $32.3M | ($74.1M) |
| Total Liabilities and Stockholders’ Equity (Deficit) | $2.4B | $1.1B | $796.2M | $705.5M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $1.9B | $1.9B | $1.6B | $833.0M |
| Accounts receivable, net | $25.6M | $41.8M | $60.7M | $31.3M |
| Inventories | $377.1M | $336.0M | $416.3M | $320.5M |
| Deferred costs associated with deferred revenue | $33.2M | $37.0M | $47.7M | $47.7M |
| Other current assets | $12.7M | $12.4M | $8.1M | $18.1M |
| Total current assets | $2.3B | $2.3B | $2.2B | $1.3B |
| Property, Plant, and Equipment, after Accumulated Depreciation, Depletion, and Amortization | $142.5M | $59.5M | $20.5M | $14.9M |
| Deposits for financial assurance | $33.2M | $32.8M | $2.6M | $2.6M |
| Intangible assets, net | $16.9M | $19.4M | $23.7M | $24.8M |
| Deferred Tax Assets, Net | $15.0M | $19.5M | $25.8M | $13.9M |
| Other long-term assets | $6.3M | $6.6M | $7.7M | $8.0M |
| Total Assets | $2.5B | $2.4B | $2.2B | $1.3B |
| Accounts payable and accrued liabilities | $74.0M | $49.5M | $36.3M | $33.1M |
| Accounts payable under purchase agreements | $34.8M | $65.7M | $155.9M | $127.1M |
| Inventories owed to customers and suppliers | $235.7M | $170.8M | $238.9M | $127.4M |
| Contract with Customer, Liability, Current | $85.0M | $112.8M | $154.8M | $154.8M |
| Convertible senior notes (Predecessor) | $0 | $2.5M | $40.3M | $39.8M |
| Current debt | $0 | $0 | $0 | $0 |
| Total current liabilities | $429.5M | $401.3M | $626.2M | $482.2M |
| Long-term debt | $1.2B | $1.2B | $1.2B | $390.0M |
| Postretirement health and life benefit obligations | $68.8M | $70.4M | $70.0M | $70.9M |
| Pension benefit liabilities | $2.9M | $2.9M | $3.8M | $3.9M |
| Other long-term liabilities | $6.9M | $7.3M | $8.3M | $8.7M |
| Liabilities | $1.7B | $1.7B | $1.9B | $955.7M |
| Preferred stock | $0 | $0 | $0 | $0 |
| Common Stock, Shares, Issued | 20.0M | 19.7M | 18.2M | 18.2M |
| Common stock | $2.0M | $2.0M | $1.8M | $1.8M |
| Excess of capital over par value | $815.9M | $762.4M | $378.3M | $378.1M |
| Accumulated deficit | $28.3M | $11.5M | ($16.3M) | ($20.2M) |
| Accumulated other comprehensive income (loss), net of tax | ($800.0K) | ($700.0K) | ($700.0K) | ($600.0K) |
| Stockholders' Equity | $845.4M | $775.2M | $363.1M | $359.1M |
| Total Liabilities and Stockholders’ Equity (Deficit) | $2.5B | $2.4B | $2.2B | $1.3B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $77.8M | $73.2M | $84.4M | $52.2M |
| Depreciation and amortization | $9.9M | $10.8M | $7.1M | $9.6M |
| Accrued loss on long-term contract | $0 | $0 | ($20.0M) | $19.5M |
| Increase (Decrease) in Deferred Income Taxes | ($7.4M) | $700.0K | $1.6M | ($14.7M) |
| Retirement benefit plans (gains) losses, net | $2.9M | ($17.3M) | ($24.6M) | $7.8M |
| Revaluation of inventory borrowing | $3.6M | $2.1M | $7.4M | $8.0M |
| Gain (Loss) on Extinguishment of Debt | ($11.8M) | — | — | — |
| Equity Related Compensation | $5.8M | $1.5M | $2.3M | $1.9M |
| Amortization of Debt Discount (Premium) | $3.4M | — | — | — |
| Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Other Item | $100.0K | $100.0K | ($1.6M) | — |
| Accounts receivable – (increase) decrease | $49.2M | ($30.5M) | ($11.3M) | ($9.0M) |
| Increase (Decrease) in Inventories | ($230.0M) | $101.0M | ($83.8M) | ($88.5M) |
| Increase Decrease in Inventories Owed to Suppliers | $176.5M | ($68.1M) | $23.5M | $52.4M |
| Increase (Decrease) in Other Current Assets | $2.2M | $2.4M | $14.9M | ($15.6M) |
| Payables under SWU purchase agreements – increase (decrease) | ($11.0M) | ($12.4M) | ($1.7M) | $5.7M |
| Deferred revenue, net of deferred costs – increase (decrease) | ($29.5M) | ($15.1M) | $12.1M | ($22.5M) |
| Accounts payable and other liabilities – increase (decrease) | $400.0K | ($1.4M) | $8.5M | $2.6M |
| Pension and postretirement liabilities - increase (decrease) | ($5.7M) | ($8.3M) | ($5.7M) | ($18.1M) |
| Other, net | ($200.0K) | ($300.0K) | ($800.0K) | ($100.0K) |
| Net cash used in operating activities | $51.0M | $37.0M | $9.1M | $20.6M |
| Capital expenditures | ($19.7M) | ($4.1M) | ($1.6M) | ($700.0K) |
| Cash Provided by (Used in) Investing Activity, Including Discontinued Operation | ($19.7M) | ($4.1M) | ($1.6M) | ($700.0K) |
| Proceeds from the sale of common stock, net | ($523.7M) | ($54.7M) | ($23.2M) | ($3.6M) |
| Repayments of Debt | ($3.5M) | ($6.1M) | ($6.1M) | ($6.1M) |
| Debt Instrument, Repaid, Principal | ($74.3M) | — | — | — |
| Exercise of stock options | $0 | $400.0K | $0 | $400.0K |
| Shares withheld for employee taxes | -3.4M | -600.0K | -3.0M | -1.9M |
| Proceeds from (Payment for) Other Financing Activity | $0 | $0 | ($200.0K) | ($300.0K) |
| Net cash used in financing activities | $1.2B | $437.1M | $13.9M | ($4.3M) |
| Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation | ($100.0K) | $200.0K | — | — |
| Decrease in cash, cash equivalents and restricted cash | $1.3B | $470.2M | $21.4M | $15.6M |
| Cash, cash equivalents and restricted cash, start of period | $704.0M | $233.8M | $212.4M | $196.8M |
| Cash, cash equivalents and restricted cash, end of period | $2.0B | $704.0M | $233.8M | $212.4M |
| Other Significant Noncash Transaction, Value of Consideration Given | $3.5M | $200.0K | ($3.3M) | $19.1M |
| Proceeds from Convertible Debt | $782.4M | $388.7M | — | — |
| Income Tax Paid, Federal, after Refund Received | $0 | — | — | — |
| Income Tax Paid, State and Local, after Refund Received | $700.0K | — | — | — |
| Income Tax Paid, Foreign, after Refund Received | $0 | — | — | — |
| Interest Paid, Including Capitalized Interest, Operating and Investing Activities | $8.9M | — | — | — |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income (loss) | $26.8M | $10.0M | $60.0M | $56.1M |
| Depreciation and amortization | $5.1M | $2.2M | $6.9M | $5.4M |
| Deferred tax assets | $7.0M | $2.5M | $3.6M | $15.5M |
| Equity related compensation | $18.1M | $400.0K | $5.3M | $4.7M |
| Revaluation of inventory borrowing | ($600.0K) | ($600.0K) | $4.1M | $3.6M |
| Gain (Loss) on Extinguishment of Debt | $0 | $0 | ($11.8M) | ($11.8M) |
| Amortization of Debt Issuance Costs and Discounts | $2.7M | $1.3M | — | — |
| Other Operating Activities, Cash Flow Statement | $200.0K | $300.0K | $2.1M | $1.3M |
| Accounts receivable – (increase) decrease | $5.1M | ($11.1M) | $19.2M | $48.6M |
| Inventories – (increase) decrease | ($92.5M) | ($48.8M) | ($317.2M) | ($221.5M) |
| Increase Decrease in Inventories Owed to Suppliers | $43.0M | ($21.9M) | $222.8M | $111.2M |
| Increase (Decrease) in Prepaid Expenses, Other | ($600.0K) | ($600.0K) | $200.0K | $1.3M |
| Accounts payable and other liabilities – increase (decrease) | ($5.3M) | $400.0K | ($4.5M) | ($6.1M) |
| Payables under SWU purchase agreements – increase (decrease) | $16.4M | $47.2M | $126.4M | $97.6M |
| Deferred revenue, net of deferred costs – increase (decrease) | ($38.4M) | ($14.4M) | ($12.5M) | ($12.6M) |
| Pension and postretirement liabilities - increase (decrease) | ($3.7M) | ($2.0M) | ($4.9M) | ($3.9M) |
| Other, net | $0 | $0 | ($300.0K) | ($100.0K) |
| Net Cash (Used in) Operating Activities | ($16.7M) | ($35.1M) | $99.4M | $89.3M |
| Capital expenditures | ($94.8M) | ($23.2M) | ($10.1M) | ($5.7M) |
| Cash Provided by (Used in) Investing Activity, Including Discontinued Operation | ($94.8M) | ($23.2M) | ($10.1M) | ($5.7M) |
| Proceeds from the sale of common stock, net | $53.9M | $0 | $139.7M | $139.9M |
| Payment of interest classified as debt | $0 | $0 | ($3.5M) | ($3.5M) |
| Payment, Tax Withholding, Share-based Payment Arrangement | ($400.0K) | ($300.0K) | ($2.9M) | ($2.5M) |
| Repayments of Convertible Debt | $0 | $0 | ($74.3M) | ($74.3M) |
| Net Cash (Used in) Financing Activities | $53.5M | ($300.0K) | $841.4M | $59.6M |
| Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation | ($200.0K) | ($300.0K) | ($100.0K) | ($200.0K) |
| Decrease in cash, cash equivalents and restricted cash | ($58.2M) | ($58.9M) | $930.6M | $143.0M |
| Cash, cash equivalents and restricted cash, start of period | $2.0B | $2.0B | $704.0M | $704.0M |
| Cash, cash equivalents and restricted cash, end of period | $1.9B | $1.9B | $1.6B | $847.0M |
| Interest Paid, Excluding Capitalized Interest, Operating Activity | $4.5M | $0 | $4.4M | $4.4M |
| Income Tax Paid, Federal, after Refund Received | $0 | — | — | — |
| Income Tax Paid, State and Local, after Refund Received | $200.0K | — | — | — |
| Income Tax Paid, Foreign, after Refund Received | $0 | — | — | — |
| Other Significant Noncash Transaction, Value of Consideration Given | ($21.0M) | ($9.2M) | ($3.5M) | ($2.0M) |
| Reclassification of equity-based compensation from equity to liability | $800.0K | — | — | — |
Centrus Energy Corp score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.