Centrus Energy’s share price surged 264% through 2025, capping a banner year for nuclear fuel providers, and has added another 26% so far in early 2026. The rally reflects growing investor recognition of nuclear power’s role in meeting booming data-center electricity needs, with global data-center consumption rising at 12% annual growth over the last five years and projected to account for 3% of worldwide electricity by 2030, according to the International Energy Agency.

In Q3 2025, Centrus reported revenue of $74.9 million, a 30% increase from Q3 2024. For the first nine months of 2025, revenue reached $302.5 million, up 4.1% year-over-year, while operating income leapt from $2.9 million to $37.4 million over the same period, an increase of 1,189.6%. Over the past three years, the company has achieved a compound annual revenue growth rate of 20%, driven by its advanced AC100 centrifuge technology and the U.S. government’s decision to ban Russian uranium imports, which previously accounted for 24% of U.S. enrichment purchases.

Centrus ended Q3 2025 with cash reserves of $1.63 billion, up from $671.4 million at the close of 2024, providing ample liquidity to retire its $1.21 billion of most-recent quarter debt in full and retain roughly $400 million in surplus cash. With a market capitalization of approximately $6.0 billion and a gross margin near 29%, the company maintains a low-leverage profile supporting further investment in production capacity.

Located in Oak Ridge, Tennessee—the historic site of U.S. uranium enrichment—Centrus operates the nation’s only large-scale domestic centrifuge facility. The U.S. Department of Energy intends to triple nuclear generation capacity by 2050 to support decarbonization and data-center growth, creating a long-term demand runway. Centrus projects nuclear-fuel requirements to expand by 40% over the next three decades, underpinned by securing a larger share of utility enrichment contracts and reinforcing America’s energy independence.