United States Antimony Q3 revenue misses estimates
UAMY•United States Antimony reported Q3 revenue of $10.1 million, up 16% year over year but below the $16.38 million analyst estimate. It withdrew its 2026 revenue guidance and expects antimony sales of 1.68 million to 1.81 million pounds.
1. Quarterly results
Q3 revenue rose 16% year over year to $10.1 million, missing the $16.38 million analyst estimate. Net loss was $9.5 million. Gross profit more than doubled, and gross margin increased to 42% from 23%.
2. 2026 outlook
The company withdrew its prior 2026 revenue guidance of $60 million to $75 million and shifted to volume-based guidance. It expects antimony sales of 1.68 million to 1.81 million pounds, up about 24% from 2025, and zeolite sales of 17,500 to 18,500 tons.
3. Sales and buyback
Revenue growth was driven by increased antimony shipments to the Defense Logistics Agency, though acceptance and payment timing was slower than expected. Industrial antimony sales volumes rose 10% year over year, while lower market prices reduced revenue per pound. The company repurchased $1.7 million in shares under its $100 million buyback program.
