Centrus Q1 rev up 5% to $76.7M, net income down 63%; raises FY rev guidance to $450-500M

CENTRUS ENERGY CORP

2026-Q1 EPS reported $0.45 revenue$76,700,000

GAAP net income $10.0M ($0.45 diluted EPS); adjusted net income $23.5M ($1.05 adjusted diluted EPS).
LEU segment rev $44.6M (-13% YoY) on 47% lower volume but 52% higher price; Tech Solutions rev $32.1M (+47%) on HALEU contract.
Backlog $3.9B, with $3.1B LEU backlog including $2.4B contingent commitments tied to Piketon expansion.
Launched Oak Ridge centrifuge mfg expansion; partnerships with Fluor, Palantir identified ~$300M potential cost savings; exploring JV with Oklo for HALEU deconversion.
FY 2026 rev guidance raised to $450-500M (from $425-475M); capital deployment $350-500M; at least 100 net new hires at both Oak Ridge and Piketon.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CENTRUS ENERGY CORP reported the three months ended March 31, 2026 results: revenue $76.7 million, net income $10.0 million, EPS $0.51 (basic) and $0.45 (diluted) per common share. Guidance raised.

Period: the three months ended March 31, 2026
Revenue: $76.7 million
Net income: $10.0 million
EPS: $0.51 (basic) and $0.45 (diluted) per common share
Guidance: raised
Result: reported results

Exact text from the filing

under the Securities Act of 1933 or the Exchange Act. --- EX-99.1 (EX-99.1) --- FOR IMMEDIATE RELEASE: May 5, 2026 Centrus Reports First Quarter 2026 Results • Revenue of $76.7 million, compared to revenue of $73.1 million in Q1 2025 • GAAP net income of $10.0 million compared to GAAP net income of $27.2 million in Q1 2025 • Non-GAAP adjusted net income (1) of

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accession 0001628280-26-030674

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