Energy Fuels Inc'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), Energy Fuels Inc reported revenue of $65.9M (-15.6% year on year) and net income of ($86.1M) (-80.0% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenues (Note 18) | $65.9M | $78.1M | — | — |
| Costs applicable to revenues | $52.2M | $55.9M | $18.2M | $7.8M |
| Exploration, development and processing | $38.9M | — | $15.5M | — |
| Standby | $8.0M | $6.5M | $7.5M | $13.2M |
| Accretion of asset retirement obligations | $3.2M | $2.1M | $1.2M | $1.6M |
| Selling, general and administration | $64.8M | $36.6M | $27.9M | $25.5M |
| Transactions and integration related costs | $0 | $10.3M | — | — |
| Total operating costs and expenses | $167.1M | $125.6M | — | — |
| Operating loss | ($101.2M) | ($47.5M) | ($32.4M) | ($44.9M) |
| Gain on sale of assets | $5.3M | $74.0K | $119.3M | $366.0K |
| Loss in unconsolidated affiliates | ($1.3M) | ($175.0K) | — | — |
| Other income (loss) (Note 15) | $10.1M | ($597.0K) | $13.1M | ($15.4M) |
| Total other income (loss) | $14.1M | ($698.0K) | $132.4M | ($15.0M) |
| Income (loss) before income taxes | ($87.1M) | ($48.2M) | $100.0M | — |
| Income tax benefit (expense) | $979.0K | $372.0K | ($276.0K) | — |
| Net loss attributable to non-controlling interest | ($477.0K) | ($76.0K) | ($106.0K) | ($95.0K) |
| Net income (loss) attributable to Energy Fuels Inc. | ($85.6M) | ($47.8M) | $99.8M | ($59.9M) |
| Basic Net (loss) income per share (in dollars per share) | -$0.38 | -$0.28 | $0.63 | -$0.38 |
| Diluted Net (loss) income per share (in dollars per share) | -$0.38 | -$0.28 | $0.62 | -$0.38 |
| Net income (loss) | ($86.1M) | ($47.8M) | $99.8M | ($59.9M) |
| Foreign currency translation adjustment | $3.2M | ($4.1M) | $0 | ($3.9M) |
| Total other comprehensive income (loss) | $3.2M | ($4.1M) | $0 | ($3.9M) |
| Total comprehensive income (loss) attributable to Energy Fuels Inc. | ($82.9M) | ($51.9M) | $99.9M | ($63.7M) |
| Total comprehensive loss attributable to non-controlling interest | ($477.0K) | ($76.0K) | ($106.0K) | ($95.0K) |
| Total comprehensive income (loss) attributable to Energy Fuels Inc. | ($82.5M) | ($52.0M) | $99.8M | ($63.8M) |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Revenues (Note 17) | $25.1M | $35.8M | $17.7M | $4.2M |
| Costs applicable to revenues | $10.7M | $21.5M | $12.8M | $3.7M |
| Exploration, development and processing | $8.4M | $8.4M | $12.7M | $9.3M |
| Standby | $2.9M | $3.3M | $2.5M | $1.8M |
| Accretion of asset retirement obligations | $3.7M | $597.0K | $687.0K | $862.0K |
| Selling, general and administration | $19.2M | $16.5M | $15.7M | $14.8M |
| Transaction and integration related costs | $10.7M | $2.4M | $0 | $0 |
| Total operating costs and expenses | $55.7M | $52.8M | $44.4M | $30.4M |
| Operating loss | ($30.6M) | ($16.9M) | ($26.7M) | ($26.2M) |
| Gain on sale of assets | $69.0K | $292.0K | $1.8M | $3.1M |
| Loss in unconsolidated affiliates | ($2.3M) | ($62.0K) | ($327.0K) | ($280.0K) |
| Other income (loss) (Note 14) | ($723.0K) | $5.8M | $8.3M | $1.5M |
| Total other income (loss) | ($3.0M) | $6.0M | $9.7M | $4.4M |
| Loss before income taxes | ($33.6M) | ($10.9M) | ($16.9M) | ($21.8M) |
| Income tax benefit (expense) | ($45.0K) | ($48.0K) | ($84.0K) | ($26.0K) |
| Net loss | ($33.6M) | ($11.0M) | ($17.0M) | ($21.8M) |
| Net loss attributable to non-controlling interest | ($225.0K) | ($116.0K) | ($269.0K) | ($28.0K) |
| Net loss attributable to Energy Fuels Inc. | ($33.4M) | ($10.8M) | ($16.7M) | ($21.8M) |
| Basic net loss per share (Note 11) (in dollars per share) | -$0.13 | -$0.04 | -$0.07 | -$0.10 |
| Diluted net loss per share (Note 11) (in dollars per share) | -$0.13 | -$0.04 | -$0.07 | -$0.10 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and Cash Equivalent | $64.7M | $38.6M | $57.4M | $62.8M |
| Debt Securities, Trading, and Equity Securities, FV-NI | $797.1M | $80.9M | $133.0M | $12.2M |
| Receivables, Net, Current | $18.0M | $37.8M | $816.0K | $519.0K |
| Inventory, Current | $73.5M | $66.5M | $38.9M | $38.2M |
| Prepaid Expense, Current | $5.3M | $6.5M | $2.5M | $9.5M |
| Assets, Current, Total | $958.7M | $230.2M | $232.7M | $135.6M |
| Mineral Properties, Net | $312.3M | $278.3M | $119.6M | $83.5M |
| Property, Plant and Equipment, Net | $69.8M | $55.2M | $26.1M | $12.7M |
| Investments | $27.5M | $15.9M | $1.4M | $19.3M |
| Secured Demand Notes | $10.2M | — | — | — |
| Finite-Lived Intangible Assets, Net | $4.4M | $4.8M | — | — |
| Restricted Cash and Cash Equivalent, Noncurrent | $22.5M | $20.0M | $17.6M | $17.4M |
| Other Assets, Noncurrent | $6.5M | $7.6M | — | — |
| Assets, Total | $1.4B | $612.0M | $401.9M | $273.9M |
| Accounts Payable and Accrued Liabilities, Current | $25.0M | $32.2M | $10.2M | $6.9M |
| Asset Retirement Obligation, Current | $788.0K | $24.6M | — | — |
| Asset Acquisition, Contingent Consideration, Liability, Current | $1.7M | $1.8M | — | — |
| Other Liabilities, Current | $3.7M | $693.0K | — | — |
| Liabilities, Current, Total | $31.2M | $59.3M | $10.4M | $18.6M |
| Convertible senior notes, net (Notes 10 and 17) | $675.7M | — | — | — |
| Asset Retirement Obligations, Noncurrent | $21.4M | $19.5M | $10.9M | $9.6M |
| Other Liabilities, Noncurrent | $954.0K | $1.5M | — | — |
| Liabilities, Total | $729.3M | $80.3M | $22.7M | $29.5M |
| Common Stock, Value, Issued | $1.2B | $937.9M | $733.5M | $698.5M |
| Retained Earnings (Accumulated Deficit) | ($489.7M) | ($404.0M) | ($356.3M) | ($456.1M) |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($2.9M) | ($6.1M) | ($1.9M) | ($1.9M) |
| Equity, Attributable to Parent, Total | $678.4M | $527.8M | $375.2M | $240.4M |
| Equity, Attributable to Noncontrolling Interest | $4.2M | $3.9M | $4.0M | $4.0M |
| Equity, Including Portion Attributable to Noncontrolling Interest, Total | $682.6M | $531.7M | $379.2M | $244.4M |
| Liabilities and Equity, Total | $1.4B | $612.0M | $401.9M | $273.9M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $58.4M | $108.4M | $94.0M | $71.5M |
| Marketable securities (Notes 3 and 16) | $878.3M | $802.2M | $141.3M | $126.4M |
| Trade and other receivables, net, no allowance for credit losses as of June 30, 2026 and December 31, 2025 (Note 4) | $15.1M | $7.6M | $12.1M | $7.8M |
| Inventories (Note 5) | $75.0M | $69.0M | $74.4M | $76.5M |
| Prepaid expenses and other current assets | $6.2M | $5.4M | $5.2M | $6.7M |
| Total current assets | $1.0B | $992.7M | $326.9M | $288.9M |
| Mineral properties, net (Note 6) | $328.6M | $321.0M | $302.3M | $293.8M |
| Property, plant and equipment, net (Note 6) | $74.2M | $70.4M | $62.1M | $57.3M |
| Investments, net (Note 7) | $35.4M | $30.8M | $24.2M | $22.0M |
| Marketable securities (Notes 3 and 16) | $24.9M | $10.5M | $8.2M | $8.0M |
| Intellectual property, net (Note 8) | $4.2M | $4.3M | $4.5M | $4.5M |
| Restricted cash (Note 10) | $22.8M | $22.7M | $22.7M | $20.4M |
| Other assets | $10.0M | $6.3M | $7.5M | $7.6M |
| Total assets | $1.5B | $1.5B | $758.3M | $702.5M |
| Accounts payable and accrued liabilities (Note 14) | $29.2M | $27.4M | $20.3M | $22.2M |
| Asset retirement obligations (Note 10) | $2.5M | $3.3M | $5.6M | $11.0M |
| Contingent consideration (Notes 16 and 18) | $1.8M | $1.8M | $1.7M | $1.7M |
| Other liabilities (Note 14) | $3.6M | $3.7M | $810.0K | $796.0K |
| Total current liabilities | $37.0M | $36.1M | $28.4M | $35.7M |
| Convertible senior notes, net (Notes 9 and 16) | $677.7M | $676.7M | — | — |
| Asset retirement obligations (Note 10) | $21.0M | $17.8M | $21.2M | $20.9M |
| Other liabilities | $655.0K | $805.0K | $1.1M | $1.2M |
| Total liabilities | $736.4M | $731.3M | $50.8M | $57.7M |
| Share capital Common shares, without par value, unlimited shares authorized; shares issued and outstanding 249,919 and 240,366 as of June 30, 2026 and December 31, 2025, respectively | 1.3B | 1.2B | 1.2B | 1.1B |
| Accumulated deficit | ($533.9M) | ($500.5M) | ($468.9M) | ($452.1M) |
| Accumulated other comprehensive income (loss) | $170.0K | ($527.0K) | ($2.4M) | ($3.0M) |
| Total shareholders’ equity | $792.6M | $723.3M | $703.2M | $640.2M |
| Non-controlling interest | $4.2M | $4.0M | $4.3M | $4.6M |
| Total equity | $796.8M | $727.3M | $707.6M | $644.8M |
| Total liabilities and equity | $1.5B | $1.5B | $758.3M | $702.5M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net Income (Loss) | ($86.1M) | ($47.8M) | — | — |
| Depreciation, Depletion and Amortization | $5.4M | $3.1M | $2.8M | $3.3M |
| Share-Based Payment Arrangement, Noncash Expense | $12.6M | $5.4M | $4.6M | $4.6M |
| Gain On Disposal Of Non-Core Assets | ($5.3M) | ($74.0K) | ($119.3M) | ($366.0K) |
| Income (Loss) from Equity Method Investments | $1.3M | $175.0K | — | — |
| Noncash Project Abandonment Costs | $1.5M | — | — | — |
| Debt Securities, FV-NI, Gain (Loss) | $0 | $0 | ($1.4M) | — |
| Accretion of asset retirement obligations | $3.2M | $2.1M | $1.2M | $1.6M |
| Payments for Environmental Liabilities | ($25.1M) | ($3.2M) | — | — |
| Unrealized Gain (Loss), Foreign Currency Transaction, before Tax | $1.7M | ($223.0K) | ($431.0K) | ($2.1M) |
| Unrealized Gain (Loss) on Investments | $0 | $0 | ($15.5M) | $16.8M |
| Realized Investment Gains (Losses) | $0 | $0 | $10.5M | — |
| Realized gain on marketable securities | ($1.7M) | $2.3M | ($1.1M) | — |
| Miscellaneous non-cash income (expenses) | $923.0K | $71.0K | $84.0K | $601.0K |
| Increase (Decrease) in Debt Securities, Trading, and Equity Securities, FV-NI | ($8.2M) | $9.0M | $530.0K | — |
| Increase (Decrease) in Inventories | ($771.0K) | $13.0M | ($100.0K) | ($8.6M) |
| Increase (Decrease) in Accounts and Other Receivables | $20.5M | ($16.8M) | ($237.0K) | $1.8M |
| Increase (Decrease) in Prepaid Expense | ($1.1M) | ($3.1M) | $423.0K | ($8.9M) |
| Increase (Decrease) in Accounts Payable and Accrued Liabilities | ($8.5M) | ($3.3M) | $2.8M | $1.7M |
| Net Cash Provided by (Used in) Operating Activities, Total | ($89.5M) | ($44.0M) | ($15.4M) | ($49.7M) |
| Payments to Acquire Property, Plant, and Equipment | ($19.3M) | ($22.2M) | ($15.4M) | ($2.0M) |
| Purchase Of Mineral Properties | ($32.5M) | ($7.2M) | ($6.8M) | — |
| Payments to Acquire Intangible Assets | $0 | ($1.6M) | — | — |
| Payments to Acquire Marketable Securities | ($960.2M) | ($237.4M) | ($174.6M) | ($11.4M) |
| Proceeds from Sale and Maturity of Marketable Securities | $243.5M | $283.0M | $79.0M | $0 |
| Purchase Of Investments, Without A Readily Determinable Fair Value | ($14.9M) | ($11.0M) | ($1.3M) | — |
| Disposal On Non-Core Assets, Investing Activities | $5.3M | $74.0K | $56.9M | $0 |
| Payment for Contingent Consideration Liability, Investing Activities | $0 | ($16.8M) | — | — |
| Proceeds from Sale and Collection of Notes Receivable | $0 | $0 | $60.9M | — |
| Net Cash Provided by (Used in) Investing Activities, Total | ($778.1M) | ($13.3M) | ($23.9M) | ($7.1M) |
| Proceeds from Issuance of Senior Long-Term Debt | $700.0M | — | — | — |
| Payments of Debt Issuance Costs | ($25.3M) | — | — | — |
| Proceeds From Issuance Of Common Stock And Warrants | $272.2M | $16.6M | $31.8M | $7.9M |
| Payment, Tax Withholding, Share-Based Payment Arrangement | ($1.0M) | ($837.0K) | ($918.0K) | ($884.0K) |
| Proceeds from Stock Options Exercised | $2.0M | $357.0K | $970.0K | $753.0K |
| Payment, Tax Withholding, Share-Based Payment Arrangement, Due Upon Exercise Of Award | ($50.0K) | ($552.0K) | ($1.5M) | ($11.0K) |
| Capped calls | ($53.5M) | — | — | — |
| Proceeds from Noncontrolling Interests | $759.0K | $0 | $83.0K | $126.0K |
| Net Cash Provided by (Used in) Financing Activities, Total | $895.0M | $15.6M | $30.4M | $7.9M |
| Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation | $1.2M | ($1.7M) | $12.0K | ($66.0K) |
| Cash Acquired from Acquisition | $0 | $27.0M | — | — |
| Release Of Restricted Cash | $0 | $0 | $3.6M | — |
| Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total | $28.6M | ($16.4M) | ($5.2M) | ($52.6M) |
| Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning Balance | $58.6M | $75.0M | $80.3M | $132.8M |
| Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Ending Balance | $87.2M | $58.6M | — | — |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net loss | ($44.6M) | ($11.0M) | ($65.2M) | ($48.2M) |
| Depletion, depreciation and amortization | $3.1M | $1.4M | $4.0M | $2.6M |
| Share-based compensation | $7.2M | $3.5M | $8.8M | $5.5M |
| Accretion of asset retirement obligations | $4.3M | $597.0K | $2.6M | $1.9M |
| Settlement of asset retirement obligations | ($3.0M) | ($1.8M) | ($20.0M) | ($14.2M) |
| Foreign exchange loss | $1.4M | $782.0K | $1.8M | $1.5M |
| Loss in unconsolidated affiliates | $2.4M | $62.0K | $748.0K | $421.0K |
| Realized gain on marketable securities | ($1.1M) | ($1.1M) | ($355.0K) | ($450.0K) |
| Gain on sale of assets | ($361.0K) | ($292.0K) | ($5.3M) | ($3.5M) |
| Amortization of debt issuance costs and other, net | $2.0M | $989.0K | ($84.0K) | $415.0K |
| Marketable securities | $5.2M | ($3.7M) | ($6.7M) | $328.0K |
| Inventories | $1.3M | $5.9M | ($3.6M) | ($7.2M) |
| Trade and other receivables | $3.0M | $10.4M | $25.7M | $30.0M |
| Prepaid expenses and other current assets | ($694.0K) | ($28.0K) | ($1.0M) | ($203.0K) |
| Accounts payable, accrued liabilities and other current liabilities | $2.2M | $2.5M | ($14.7M) | ($13.8M) |
| Net cash used in operating activities | ($17.8M) | $8.3M | ($73.3M) | ($44.8M) |
| Additions to property, plant and equipment | ($6.8M) | ($2.8M) | ($9.8M) | ($6.0M) |
| Additions to mineral properties | ($17.3M) | ($9.1M) | ($23.0M) | ($11.9M) |
| Purchases of marketable securities | ($265.9M) | ($133.1M) | ($189.6M) | ($138.9M) |
| Proceeds from sales and maturities of marketable securities | $166.0M | $132.5M | $127.9M | $85.0M |
| Contributions to investments | ($9.7M) | ($3.0M) | ($9.3M) | ($6.9M) |
| Proceeds from sale of assets | $361.0K | $292.0K | $5.3M | $3.5M |
| Net cash used in investing activities | ($133.3M) | ($15.1M) | ($98.6M) | ($75.2M) |
| Issuance of common shares for cash, net of issuance costs | 153.1M | 52.8M | 226.8M | 151.9M |
| Deferred financing costs paid | ($4.0M) | — | — | — |
| Cash paid to fund employee income tax withholding due upon vesting of restricted stock units | ($8.0M) | ($5.2M) | ($786.0K) | ($664.0K) |
| Cash received from exercise of stock options | $2.7M | $2.1M | $1.1M | $157.0K |
| Cash received from non-controlling interest | $404.0K | $0 | $759.0K | $759.0K |
| Net cash provided by financing activities | $144.2M | $49.7M | $227.9M | $152.1M |
| Effect of exchange rate fluctuations on cash held in foreign currencies | $946.0K | $983.0K | $1.9M | $1.1M |
| Net change in cash, cash equivalents and restricted cash | ($5.9M) | $43.9M | $58.0M | $33.2M |
| Cash, cash equivalents and restricted cash, beginning of period | $87.2M | $87.2M | $58.6M | $58.6M |
| Cash, cash equivalents and restricted cash, end of period | $81.3M | $131.1M | $116.6M | $91.8M |
| Cash paid for taxes | $69.0K | $48.0K | — | — |
| Cash paid for interest | $2.7M | $32.0K | $145.0K | $108.0K |
| Increase in accrued capital expenditures and accounts payable for property, plant and equipment and mineral properties | $521.0K | ($1.1M) | $1.4M | $2.7M |
Energy Fuels Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.