NYSE$URG

Ur-Energy Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Ur-Energy reported Q1 2026 sales of $3.9M with a net loss of $28.8M and diluted loss per share of $0.07.

For the quarter ended March 31, 2026, Ur-Energy recorded sales of $3.9 million from 55,000 pounds of U3O8 at $70.98 per pound. Net loss was $28.8 million versus $10.9 million a year ago. Diluted loss per share was $0.07 versus $0.03. The uranium producer is ramping Lost Creek operations and advancing Shirley Basin.

  • Sold 55,000 lbs U3O8 at $70.98/lb for $3.9M revenue.
  • Net loss of $28.8M on operating and corporate costs.
  • Diluted loss per share of $0.07.
  • Finished inventory 417,231 lbs at converter.
  • 2026 sales guidance about 1.3M lbs per MD&A.

Headline financials

Total Revenue

$3.93M

Previous: $0.00
EPS (adj)

-$0.07

Previous: -$0.03-133.3%
Capital Expenditures

-$12.3M

Previous: -$3.83M-221.3%
Net Income

-$28.8M

Previous: -$10.9M-164.0%
Operating Income

-$20.3M

Previous: -$15.8K-128305.4%
Gross Profit

$1.24M

Previous: -$2.6K+47983.0%

Revenue & EPS history

Ur-Energy · Revenue · Quarterly

$3.93M

Q1 2026
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Revenue by segment

Ur-Energy · $6.4M total across 1 segment · Q1 2023

  • Uranium Sales
    $6.4M

Forward guidance

MD&A expects ~1.3M lbs sold in 2026 at ~$63/lb average for ~$82M revenue, below Q1 realized pricing mix.

Tailwinds

  • Higher realized price on Q1 contracted deliveries.
  • Production and packaging volumes increasing.

Headwinds

  • Large loss despite positive gross profit on sales.
  • Future contract prices lower than Q1 spot deliveries.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.9%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+4.9%

Avg return

30 days after

58%

25 / 43 earnings

Positive

+11.2%

Q3 2010

Best reaction

-8.1%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.9%+2.8%-9.9%
Q4 2025+3.3%-6.5%-2.6%
Q3 2025-6.7%-5.1%+0.7%
Q1 2025+0.0%+0.0%+53.5%
Q4 2024-0.5%+7.6%+6.1%
Q3 2024+0.8%-1.7%+5.9%
Q2 2024-1.6%+5.9%+4.0%
Q1 2024-1.1%-3.9%-12.2%
Q4 2023+7.1%-4.4%+12.0%
Q3 2023+8.7%+5.3%+3.3%
Q2 2023+3.8%+12.4%+35.2%
Q1 2023-6.8%+2.2%-3.2%
Q4 2022-2.7%-5.5%-16.4%
Q3 2022-7.8%-3.9%-0.8%
Q2 2022+2.6%+3.4%+11.2%
Q1 2022+0.7%-6.5%-15.2%
Q4 2021+4.0%-9.7%+1.1%
Q3 2021+2.3%+9.2%-20.7%
Q2 2021-3.5%+5.3%+27.4%
Q1 2021+10.7%+0.8%+16.8%
Q4 2020-2.6%-0.9%+7.9%
Q3 2020+1.3%-2.3%+20.9%
Q2 2020-6.2%-5.1%-5.1%
Q1 2020+1.0%+2.7%+64.9%
Q4 2019+3.1%+17.8%-22.2%
Q3 2019+7.4%+12.5%+1.8%
Q2 2019+4.2%-3.4%+1.7%
Q1 2019+7.8%+9.8%+0.0%
Q4 2018-0.4%-5.3%+9.3%
Q3 2018-8.1%+1.5%+6.1%
Q2 2018+4.0%+4.0%+1.3%
Q1 2018+0.3%+10.0%+21.7%
Q4 2017+0.8%+3.1%-7.7%
Q3 2017+0.0%+0.0%+26.4%
Q1 2017-2.4%-1.5%-17.9%
Q3 2016-1.7%-7.7%-19.2%
Q2 2016-0.5%-3.6%-3.6%
Q1 2016-0.2%
Q4 2015+1.0%
Q4 2011+2.5%
Q2 2011+2.5%
Q1 2011+3.6%
Q3 2010+11.2%

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