Centrus Energy reported Q1 2026 revenue of $76.7 million, up from $73.1 million in Q1 2025, despite a drop in GAAP net income to $10.0 million from $27.2 million. The company launched a multi-year investment to expand centrifuge manufacturing in Oak Ridge, Tennessee, and formed strategic partnerships with Fluor and Palantir to improve efficiency and reduce costs, identifying $300 million in potential savings. Centrus also plans a joint venture with Oklo for uranium deconversion services and raised its full-year 2026 revenue guidance due to commercial progress. The company is focused on scaling uranium enrichment to support clean energy and national security amid global energy shifts.
Centrus Energy Corp has finalized a contract with the U.S. Department of Energy worth over $1 billion to expand domestic production of high-assay low-enriched uranium (HALEU), crucial for advanced nuclear reactors. This contract supports Centrus' rec...
Centrus Energy Corp. will join the S&P SmallCap 600 Index on July 14, 2026, marking a milestone in its efforts to restore America's uranium enrichment capabilities and strengthen the nuclear fuel supply chain. The company is expanding its uranium enr...
