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Uranium Energy Corp. reported a net loss of $13.9 million for Q2 2026, driven by a significant operating loss of $23.6 million despite generating $20.2 million in revenue and $10.0 million in gross profit. The company's operating costs totaled $33.6 million, primarily from mineral property expenditures of $23.7 million. Other income of $9.6 million, including a $4.1 million fair value gain on equity securities and $3.9 million in interest income, partially offset the operating loss. The balance sheet remains strong with total assets of $1.53 billion, including $486.3 million in cash and cash equivalents, and total equity of $1.41 billion. Cash flow from financing activities was $445.8 million, mainly from share issuances, while operating activities used $72.4 million in cash.
Revenue
$20.2M
Net Income
-$13.9M
Gross Margin
49.5%
Gross Profit
$10.0M