CENTRUS ENERGY CORP

For the period ended Jun 30, 2026. Filed Aug 6, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 6, 2026

LEU$104.60+17.5%Stored close · as of Nov 6, 2026

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Balance Sheets at June 30, 2026 and December 31, 2025

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited; in millions, except share and per share data)

	June 30, 2026	December 31, 2025
ASSETS
Current assets:
Cash and cash equivalents	$1,868.5	$1,957.2
Accounts receivable	25.6	30.7
Inventories	377.1	322.9
Deferred costs associated with deferred revenue	33.2	40.9
Other current assets	12.7	11.9
Total current assets	2,317.1	2,363.6
Property, plant and equipment, net of accumulated depreciation of $7.5 million and $6.7 million as of June 30, 2026 and December 31, 2025, respectively	142.5	29.5
Deposits for financial assurance	33.2	2.7
Intangible assets, net	16.9	21.2
Deferred tax assets	15.0	21.9
Other long-term assets	6.3	7.0
Total assets	$2,531.0	$2,445.9
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued liabilities	$74.0	$41.6
Payables under inventory purchase agreements	34.8	18.5
Inventories owed to customers and suppliers	235.7	192.7
Deferred revenue and advances from customers	85.0	131.1
Short-term inventory loans	—	38.9
Current debt	—	—
Total current liabilities	429.5	422.8
Long-term debt	1,177.5	1,174.8
Postretirement health and life benefit obligations	68.8	72.2
Pension benefit liabilities	2.9	3.0
Other long-term liabilities	6.9	8.0
Total liabilities	1,685.6	1,680.8
Commitments and contingencies (Note 11)
Stockholders’ equity:
Preferred stock, par value $1.00 per share, 20,000,000 shares authorized
Series A Participating Cumulative Preferred Stock, none issued	—	—
Class A Common Stock, par value $0.10 per share, 70,000,000 shares authorized, 19,233,658 and 18,945,365 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively	1.9	1.9
Class B Common Stock, par value $0.10 per share, 30,000,000 shares authorized, 719,200 shares issued and outstanding as of June 30, 2026 and December 31, 2025	0.1	0.1
Excess of capital over par value	815.9	762.3
Retained earnings	28.3	1.5
Accumulated other comprehensive loss	(0.8)	(0.7)
Total stockholders’ equity	845.4	765.1
Total liabilities and stockholders’ equity	$2,531.0	$2,445.9

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

(Unaudited; in millions, except share and per share data)

	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
Revenue:
Separative work units	$100.0	$125.7	$141.6	$177.0
Uranium	53.4	—	56.4	—
Technical solutions	22.7	28.8	54.8	50.6
Total revenue	176.1	154.5	252.8	227.6
Cost of Sales:
Separative work units and uranium	101.8	75.0	118.5	95.1
Technical solutions	24.4	25.6	52.9	45.7
Total cost of sales	126.2	100.6	171.4	140.8
Gross profit	49.9	53.9	81.4	86.8
Advanced technology costs	10.8	3.3	29.7	6.3
Selling, general and administrative	26.2	13.4	36.2	21.7
Amortization of intangible assets	2.5	3.7	4.3	4.8
Operating income	10.4	33.5	11.2	54.0
Nonoperating components of net periodic benefit loss	1.0	1.0	2.0	1.9
Interest expense	4.2	3.1	8.2	6.5
Investment income	(16.3)	(8.0)	(33.3)	(15.3)
Extinguishment of long-term debt	—	—	—	(11.8)
Other (income) expense, net	(0.1)	—	0.2	0.1
Income before income taxes	21.6	37.4	34.1	72.6
Income tax expense	4.8	8.5	7.3	16.5
Net income and comprehensive income	$16.8	$28.9	$26.8	$56.1
Net income per share:
Basic	$0.85	$1.63	$1.35	$3.23
Diluted	$0.77	$1.59	$1.21	$3.22
Average number of common shares outstanding (in thousands):
Basic	19,879	17,703	19,826	17,344
Diluted	21,891	18,121	22,114	17,406

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.