Energy Fuels Inc. released its financial results for the first quarter of 2026, revealing key figures regarding revenue, production costs, and net losses. The company also provided updates on its uranium and rare earth element (REE) initiatives.
Specifically, Energy Fuels reported revenue of $14.2 million, which came from sales of uranium and REE products. The company’s cost of sales reached $14.8 million. This resulted in a gross loss of $0.6 million. They reported a net loss of $15.5 million, or $0.10 per share. The company produced 15,000 pounds of uranium. They also produced 120 tons of mixed REE Carbonate. Energy Fuels continues to advance its uranium and REE projects.
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Date: May 6, 2026
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