Centrus Energy Corp.Q2 revenue up 14%, adjusted net income $38.7M, backlog $4.5B, DOE task order, and maintained guidance.

Centrus Energy reported second-quarter revenue rose 14% year over year to $176.1 million, with adjusted net income of $38.7 million, or $1.77 per diluted share. The LEU segment grew 22% to $153.4 million, while Technical Solutions revenue declined 21% to $22.7 million. The company's commercial backlog expanded to $4.5 billion through 2040, including $3 billion in contingent LEU and HALEU enrichment sales. Centrus also secured a $900 million Department of Energy task order and new HALEU agreements with Oklo and X-energy to support capacity expansion. Management maintained 2026 revenue guidance of $450 million to $500 million and capital-spending guidance of $350 million to $500 million, while raising its Piketon hiring target to more than 175 employees and continuing to target commercial production in 2029.
Centrus Energy Corp.Q2 revenue up 14%, adjusted net income $38.7M, backlog $4.5B, DOE task order, and maintained guidance.