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Centrus Energy reports Q2 2026 revenue growth to $176.1M and signs $900M HALEU contract with US DOE

Company Fundamentals
05 Aug 2026
PRNewsWire
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Bullish
Centrus Energy reports Q2 2026 revenue growth to $176.1M and signs $900M HALEU contract with US DOE

Centrus Energy posted Q2 2026 revenue of $176.1 million, up 14% from the previous year, driven by increased uranium sales and new contracts. The company signed a $900 million High-Assay, Low-Enriched Uranium (HALEU) enrichment contract with the U.S. Department of Energy, boosting its backlog to $4.5 billion. Despite a GAAP net income decline to $16.8 million, adjusted net income rose to $38.7 million, reflecting strong operational progress and strategic investments in uranium enrichment capacity expansions. Centrus plans to complete its first new centrifuge by year-end 2026 and increase hiring at its Ohio and Tennessee facilities, positioning itself to capitalize on growing demand for nuclear fuel.

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