Centrus Energy — Q3 2026 Earnings Summary

Centrus Energy Corp. reported third-quarter 2026 revenue of $55.5 million and a GAAP net income of $31.6 million, driven primarily by a $46.4 million gain from the fair value adjustment of warrant liabilities. The company expanded its backlog to $7.0 billion, including $5.4 billion in contingent LEU and HALEU sales commitments, while completing the manufacturing and initial shipping of centrifuges from its Oak Ridge facility ahead of schedule. Despite the net income gain, the company reported a non-GAAP adjusted net loss of $9.4 million for the quarter due to growth costs and stock-based compensation. Looking ahead, Centrus updated its full-year 2026 guidance to project total revenue between $450 million and $500 million and capital deployment between $350 million and $500 million.