Q1 26 EPS
$1.05
BEAT +288.89%
Est. $0.27
Q1 26 Revenue
$76.7M
MISS 2.09%
Est. $78.3M
vs S&P Since Q1 26
-17.6%
TRAILING MARKET
LEU -17.6% vs S&P -0.1%
Market Reaction
Did LEU Beat Earnings? Q1 2026 Results
Centrus Energy delivered a striking earnings beat in Q1 2026, posting adjusted diluted EPS of $1.05 against a consensus estimate of just $0.27, a positive surprise of 288.89%, even as revenue of $76.70 million came in slightly below the $78.33 millio… Read more Centrus Energy delivered a striking earnings beat in Q1 2026, posting adjusted diluted EPS of $1.05 against a consensus estimate of just $0.27, a positive surprise of 288.89%, even as revenue of $76.70 million came in slightly below the $78.33 million analysts had expected. The top line still grew 4.9% year over year, with a 47% surge in Technical Solutions segment revenue, largely tied to expanded activity under the DOE HALEU Operation Contract, providing the primary lift. GAAP net income fell to $10.00 million from $27.20 million a year ago, weighed down by a $15.90 million increase in advanced technology costs tied to the company's centrifuge manufacturing expansion in Oak Ridge, Tennessee. Centrus also announced partnerships with Fluor for engineering support and Palantir for AI-driven cost optimization, with the latter already identifying roughly $300.00 million in potential savings. Looking ahead, management raised full-year 2026 revenue guidance to $450.00 million to $500.00 million, up from the prior range of $425.00 million to $475.00 million, reflecting growing commercial momentum.
Key Takeaways
- • 52% increase in average price of SWU sold partially offset 47% decline in SWU volume
- • Technical Solutions revenue increased 47% driven by $9.8 million increase in HALEU Operation Contract revenue
- • Investment income increased $9.7 million year-over-year
- • Advanced technology costs increased $15.9 million due to expansion-related spending
- • Absence of $11.8 million gain on debt extinguishment from prior year
LEU Forward Guidance & Outlook
Centrus raised its full-year 2026 revenue guidance to $450 million–$500 million, up from prior guidance of $425 million–$475 million, based on commercial progress. Total capital deployment is expected to be $350 million–$500 million, driven by increased investment in centrifuge manufacturing buildout. The company plans at least 100 net new employee hires each at its Oak Ridge, Tennessee and Piketon, Ohio facilities and expects to release a Certified for Construction package. Guidance assumes no significant changes to restrictions on Russian LEU imports/exports, no significant economic disruptions, successful implementation of expansion projects including finalization and funding of the DOE $900 million task order, and continued ongoing business operations.
LEU YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
LEU Revenue by Segment
With YoY comparisons, source: SEC Filings
“The first quarter was marked by numerous wins and great operational progress as we accelerated our drive to restore America's ability to enrich uranium at scale, including securing historic federal funding and launching a major expansion of our centrifuge manufacturing plant.”
— Amir Vexler, Q1 2026 Earnings Press Release
LEU Earnings Trends
LEU vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
LEU EPS Trend
Earnings per share: estimate vs actual
LEU Revenue Trend
Quarterly revenue: estimate vs actual
LEU Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.27 | $1.05 | +288.89% | $76.7M | -2.09% |
| Q4 25 MISS FY | $1.63 | $0.79 | -51.41% | $146.2M | -0.60% |
| FY Full Year | $4.73 | $3.90 | -17.56% | $448.7M | +0.61% |
| Q3 25 MISS | $0.36 | $0.19 | -46.75% | $74.9M | -6.79% |
| Q2 25 BEAT | $0.58 | $1.59 | +176.28% | $154.5M | +18.30% |
| Q1 25 BEAT | $-0.08 | $1.60 | +2,164.52% | $73.1M | +7.31% |