Forecasts full-year 2026 revenue of USD 450 million-USD 500 million, with capital deployment of USD 350 million-USD 500 million.
Quarterly results
Centrus Energy Q2 2026 revenue rose 14% to USD 176.1 million, while GAAP net income fell 42% to USD 16.8 million.
GAAP diluted EPS dropped to USD 0.77; adjusted (non-GAAP) net income increased to USD 38.7 million from growth costs and stock-based compensation add-backs.
Contract award and backlog
Signed a USD 900 million HALEU enrichment award contract with the U.S. Department of Energy; contingent LEU and HALEU enrichment backlog climbed to USD 3 billion.
Plant expansion and production plans
Selected Geiger Brothers for a major enrichment plant expansion; expects completion of its first new centrifuge in Oak Ridge by year-end 2026.
LEU•
