enCore Energy — Third Quarter 2026 Earnings Summary

enCore Energy reported third-quarter 2026 revenue of $16.7 million, an 88% increase year-over-year, driven by the delivery of 200,000 pounds of U3O8 at an average realized price of $83.46 per pound. The company recorded a net loss of $33.9 million for the quarter, primarily due to higher costs associated with purchased uranium included in sales, resulting in a gross loss of $0.8 million. As of September 30, 2026, the company held $5.1 million in unrestricted cash and $33.6 million in marketable securities while maintaining an inventory of 116,631 pounds of U3O8. Operational progress includes the completion of the first phase of the Upper Spring Creek facility and the Alta Mesa wellfield 3 Extension, with extraction expected to commence before the end of 2026.