Contracts
Advances Commercialization for Domestic LEU and HALEU EnrichmentÂ
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Earnings
Revenue of $176.1 million, compared to revenue of $154.5 million in Q2 2025GAAP net income of $16.8 million compared to GAAP net income of $28.9 million in Q2 2025Non-GAAP adjusted net income (1)Â of $38.7 million, compared to non-GAAP adjusted net income(1)Â of $34.5 million in Q2 2025Signed $900 million High-Assay, Low-Enriched Uranium (HALEU) Enrichment award contract with U.S. Department of EnergyGrew contingent Low-Enriched Uranium (LEU) and HALEU enrichment backlog to $3.0 billionSelected Geiger Brothers as construction contractor for major uranium enrichment plant expansionSigned first-of-a-kind, large-scale commercial HALEU supply agreement that potentially includes prepaymentsRaising full year 2026 hiring guidance in Piketon, OhioExpecting completion of first new centrifuge in Oak Ridge, Tennessee, by year-end 2026
Acquisitions Mergers Takeovers
Inclusion reflects Centrus' growing role in advancing U.S. energy security by strengthening America's nuclear fuel supply chain
Contracts
Total Enrichment Contract Valued at over $1 Billion, Including All Options
Oil Energy
BETHESDA, Md., June 18, 2026 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) (the "Company") announced today that after obtaining the approval of stockholders at its 2026 annual meeting, held on June 18, 2026, it had entered into the seventh amendment to the Company's Section 382 Rights Agreement (the "Rights Plan") designed to preserve the Company's substantial tax assets associated with net operating loss carryforwards ("NOLs") under Section 382 of the Internal Revenue Code ("Section 382"). The seventh amendment extends the Rights Plan through June 30, 2029. The Rights Plan is similar to plans adopted by other public companies with significant NOLs.
Contracts
One of the first large-scale commercial high-assay low-enriched uranium (HALEU) supply agreements that could include prepayments from Oklo.Centrus to provide Oklo with enough HALEU to support multiple years of Oklo reactor cores, covering up to five Aurora powerhouses as part of Oklo's planned 1.2 GW Clean Energy Campus.Oklo and Kiewit Nuclear Solutions Co. ("Kiewit") have entered into an MOU intended to support engineering, procurement, and construction planning for the initial planned Aurora powerhouse deployments in southern Ohio.Work expected to bring multi-billion-dollar private clean energy investment and hundreds of jobs to southern Ohio.
