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CENTRUS ENERGY (LEU)

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Earnings summaries and quarterly performance for CENTRUS ENERGY.

Recent press releases and 8-K filings for LEU.

Centrus Energy Celebrates Multi-Billion Dollar Expansion with NYSE Opening Bell Ceremony
LEU
New Projects/Investments
Hiring
  • Centrus Energy's President and CEO Amir Vexler rang the NYSE Opening Bell on February 19 to celebrate the launch of the company's multi-billion-dollar expansion of its uranium enrichment capacity in Piketon, Ohio.
  • This expansion project is designed to strengthen the nation's nuclear fuel supply chain, support national security needs, and create 1,300 construction and operations jobs in Ohio and 430 manufacturing jobs in Tennessee.
  • The project will enable large-scale production of both Low-Enriched Uranium (LEU) for existing reactors and High-Assay, Low-Enriched Uranium (HALEU) for advanced reactors.
Feb 18, 2026, 9:15 PM
Centrus Energy Reports Q4 and Full Year 2025 Results, Announces Strategic Developments
LEU
Earnings
New Projects/Investments
Guidance Update
  • Centrus Energy reported full year 2025 revenue of $448.7 million, a 1.5% increase over 2024, with gross profit of $117.5 million and net income of $77.8 million.
  • The company was selected for a $900 million HALEU Enrichment Award from the Department of Energy in January, with the potential to exceed $1 billion.
  • Centrus announced plans to begin commercial centrifuge manufacturing to address the commercial LEU market, with the first new cascade expected online in 2029, and aims to produce 12 metric tons of HALEU per year.
  • As of December 31, 2025, the total company backlog stood at $3.8 billion, extending to 2040.
  • For 2026, the company provided financial guidance of total revenue between $425 million and $475 million and total capital deployment between $350 million and $500 million.
Feb 11, 2026, 1:30 PM
Centrus Energy Announces Q4 2025 Results, $900 Million HALEU Award, and 2026 Guidance
LEU
Earnings
Guidance Update
New Projects/Investments
  • Centrus Energy reported full-year 2025 revenue of $448.7 million, gross profit of $117.5 million, and net income of $77.8 million.
  • For 2026, the company provided financial guidance of total revenue between $425 million and $475 million and total capital deployment between $350 million and $500 million.
  • In January 2026, Centrus was selected by the Department of Energy for a $900 million HALEU Enrichment Award, which has the potential to exceed $1 billion.
  • As of December 31, 2025, the company's total backlog stood at $3.8 billion, and it ended the year with an unrestricted cash balance of $2 billion.
  • The first new cascade of centrifuges is expected to come online in 2029, with HALEU production planned to be online before the end of the decade, producing 12 metric tons per year.
Feb 11, 2026, 1:30 PM
Centrus Energy Reports FY 2025 Results and Provides 2026 Guidance
LEU
Earnings
Guidance Update
New Projects/Investments
  • Centrus Energy reported full year 2025 revenue of $448.7 million, gross profit of $117.5 million, and net income of $77.8 million.
  • The company announced the start of commercial centrifuge manufacturing and was selected for a $900 million HALEU Enrichment Award from the Department of Energy, with the first new cascade of centrifuges expected online in 2029.
  • For full year 2026, Centrus Energy provided guidance for total company revenue between $425 million and $475 million and total capital deployment between $350 million and $500 million.
  • As of December 31, 2025, the total company backlog stood at $3.8 billion, including an LEU segment backlog of approximately $2.9 billion and a technical solutions segment backlog of approximately $900 million.
  • Centrus ended 2025 with an unrestricted cash balance of $2 billion, having raised $533.6 million through ATM programs during the year.
Feb 11, 2026, 1:30 PM
Centrus Energy Corp. Partners with Fluor for Uranium Enrichment Plant Expansion
LEU
New Projects/Investments
  • Centrus Energy Corp.'s subsidiary, American Centrifuge Operating, LLC, has entered into a strategic collaboration with Fluor (NYSE: FLR) to serve as the Engineering, Procurement and Construction (EPC) contractor for a multi-billion-dollar expansion of its uranium enrichment capacity in Piketon, Ohio.
  • The EPC Agreement, signed on February 9, 2026, is on a time and materials basis and is a significant part of the planned investment, with funds authorized incrementally.
  • The expansion project is designed to address Centrus's $2.3 billion commercial Low-Enriched Uranium (LEU) enrichment contingent backlog and growing demand.
  • Centrus is also planning to build 12 metric tons of High-Assay, Low-Enriched Uranium (HALEU) annual capacity for next-generation reactors.
Feb 11, 2026, 12:06 PM
Centrus Energy Partners with Fluor for Major Uranium Enrichment Plant Expansion
LEU
New Projects/Investments
Revenue Acceleration/Inflection
  • Centrus Energy's subsidiary, American Centrifuge Operating, LLC, has agreed to a strategic collaboration with Fluor (FLR) to serve as its Engineering, Procurement and Construction (EPC) contractor for the multi-billion-dollar expansion of its uranium enrichment capacity in Piketon, Ohio.
  • The expansion aims to produce large-scale Low-Enriched Uranium (LEU) to address a $2.3 billion commercial LEU enrichment contingent backlog and growing demand, and to build 12 metric tons of High-Assay, Low-Enriched Uranium (HALEU) annual capacity for next-generation reactors.
  • This initiative follows the launch of centrifuge manufacturing in December 2025, a $900 million HALEU task order from the Department of Energy in early January 2026, and a $560 million investment to transition its Oak Ridge, Tennessee factory to high-rate manufacturing in late January 2026.
Feb 11, 2026, 11:41 AM
Centrus Energy Corp. Reports Full Year 2025 Results and Provides 2026 Guidance
LEU
Earnings
Guidance Update
New Projects/Investments
  • Centrus Energy Corp. reported full year 2025 revenue of $448.7 million and net income of $77.8 million, resulting in diluted earnings per common share of $3.90.
  • The company's unrestricted cash balance increased to $2.0 billion.
  • Centrus was selected by the U.S. Department of Energy for a $900.0 million HALEU production award and launched domestic commercial centrifuge manufacturing.
  • As of December 31, 2025, the total backlog reached $3.8 billion, which includes $2.3 billion in contingent LEU sales.
  • For full year 2026, Centrus expects total revenue to be in the range of $425 million to $475 million and total capital deployment between $350 million and $500 million.
Feb 10, 2026, 9:52 PM
Centrus Reports Full Year 2025 Results and Provides 2026 Guidance
LEU
Earnings
Guidance Update
New Projects/Investments
  • Centrus Energy reported full year 2025 revenue of $448.7 million, gross profit of $117.5 million, and net income of $77.8 million, with diluted EPS of $3.90.
  • Significant operational achievements in 2025 include enriching over 1 metric ton of high-assay low-enriched uranium ("HALEU") UF6, being selected by the U.S. Department of Energy ("DOE") for a $900.0 million HALEU production award, and launching domestic commercial centrifuge manufacturing.
  • The company's total backlog as of December 31, 2025, reached $3.8 billion, comprising $2.9 billion from the LEU segment and $0.9 billion from the Technical Solutions segment.
  • For the full year 2026, Centrus expects total revenue to be in the range of $425 million to $475 million and anticipates total capital deployment between $350 million and $500 million.
Feb 10, 2026, 9:49 PM
Centrus Energy Highlights Key Financials, Strategic Position in Uranium Enrichment, and Expansion Plans
LEU
New Projects/Investments
Revenue Acceleration/Inflection
Debt Issuance
  • Centrus Energy (LEU) reported a market capitalization of $4.6bn, with $448.7mm in revenue and $77.3mm in net income for 2025.
  • The company holds a robust order book of $3.8bn with contracts extending through 2040, a $2.3bn backlog of contingent LEU sales commitments, and was selected for a $900mm Department of Energy (DOE) award for enrichment expansion.
  • Centrus is positioned as the only HALEU enricher in the Western World and the sole U.S. facility licensed to produce HALEU, having commenced initial enrichment operations on October 11th, 2023.
  • Expansion plans include the first full cascade of centrifuges expected online in 2029 in Piketon, Ohio, to meet increasing demand, especially as Russia is set to vacate the U.S. market by January 1, 2028.
  • As of November 6th, 2025, Centrus maintained a strong liquidity profile with a cash balance of $1.6bn and generated $31.3mm in free cash flow in 2025.
Feb 10, 2026, 12:00 PM
Centrus Announces Major Expansion of Oak Ridge Manufacturing Plant
LEU
Hiring
New Projects/Investments
  • Centrus Energy Corp. announced plans to expand its Oak Ridge, Tennessee facility, transitioning it into a high-rate manufacturing plant.
  • This expansion involves an investment of more than $560 million and the creation of nearly 430 new jobs in Anderson County over the next several years.
  • The project supports the production of thousands of advanced centrifuges, with the first new centrifuges expected to come online in Ohio in 2029.
Jan 23, 2026, 6:42 PM