Reports Q4 revenue $146.2M, consensus $147.08M. The Company’s total backlog is $3.8B as of December 31, 2025 and extends to 2040. “2025 was a milestone year for Centrus marked by continuous improvements to both our existing LEU segment as well as our planned future enrichment business, punctuated by our fourth quarter announcement officially launching our centrifuge build out and the government’s selection of Centrus for a $900 million HALEU enrichment award,” said Centrus President and CEO Amir Vexler. “With a growing contingent LEU sales backlog of $2.3 billion, a HALEU mandate from the government, and a potential sole-source award from the NNSA, we are uniquely positioned to meet the commercial and national security market needs. Importantly, our substantial LEU backlog and proposed 12 metric tons of HALEU production should allow us to meet our milestone of reaching nth-of-a-kind cost.”
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