Lightbridge Corp. (LTBR) Financials

LTBR

FY2025 annual

Revenue $0 YoY not available

Net Income -$19.6M -66.1% YoY

EPS (Diluted) Not reported for FY2025

Operating Cash Flow -$14.3M -50.4% YoY

Market Cap $198.7M as of Oct 14, 2026

Price / Sales n/m revenue is not positive, FY2025

Price / Earnings n/m net loss, so no earnings multiple, FY2025

Price / Book 0.8x on $238.6M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LTBR SEC filings page.

Lightbridge Corp. (LTBR) reported $0 in revenue for fiscal year 2025. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LTBR FY2025 2026-10-04

Lightbridge remains a development-stage business: no reported revenue, rising research spending, and losses funded chiefly through new capital.

R&D doubled to $9.2M in FY2025 as operating cash outflow reached $14.3M. That pairing points to a business spending more heavily to develop its offering while still producing no reported revenue, rather than one whose losses reflect a mature sales operation.

FY2025 financing provided $176.2M, and total assets reached $203.8M; the balance-sheet jump therefore appears tied to capital raised, not internally generated operating cash. Liabilities were only about $847K, so reported expansion is predominantly equity-financed rather than debt-funded.

Operating cash outflow increased from $9.5M in FY2024 to $14.3M in FY2025 even as financing inflow was substantial, showing that funding activity is compensating for—not replacing—ongoing operating cash use. The reported liquidity comparison was 1.7 months of the latest annual outflow, making financing activity central to the reported financial picture.

Financial Health Signals

Financial health score not available

Lightbridge Corp. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Safe

140.26

Lightbridge Corp. scores 140.26, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($198.7M) relative to total liabilities ($847K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

3/7

Lightbridge Corp. passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing

N/A

Lightbridge Corp. reported a net loss of $19.6M while operations used $14.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

Lightbridge Corp. generated $0 in revenue in Q2 2026.

Net Income

-$5.8M

YoY-63.5%

QoQ+9.3%

Lightbridge Corp. reported -$5.8M in net income in Q2 2026. This represents a decrease of 63.5% from the same quarter a year earlier. Against the prior quarter it is up 9.3%.

EPS (Diluted)

-$0.18

YoY-12.5%

QoQ+10.0%

Lightbridge Corp. earned -$0.18 per diluted share (EPS) in Q2 2026. This represents a decrease of 12.5% from the same quarter a year earlier. Against the prior quarter it is up 10.0%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$192.1M

YoY+96.2%

QoQ-10.9%

5Y CAGR+69.2%

10Y CAGR+62.6%

Lightbridge Corp. held $192.1M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

37M

YoY+44.5%

QoQ+6.6%

5Y CAGR+41.5%

10Y CAGR+22.8%

Lightbridge Corp. had 37M shares outstanding in Q2 2026. This represents an increase of 44.5% from the same quarter a year earlier. Against the prior quarter it is up 6.6%.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Return on Equity

-2.4%

YoY+1.2pp

QoQ+0.5pp

Lightbridge Corp.'s ROE was -2.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.5 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Net Margin

Not reported for Q2 2026.

Capital Allocation

R&D Spending

$3.9M

YoY+138.3%

QoQ+16.7%

Lightbridge Corp. invested $3.9M in research and development in Q2 2026. This represents an increase of 138.3% from the same quarter a year earlier. Against the prior quarter it is up 16.7%.

Share Buybacks

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

LTBR Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LTBR quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	N/A	$0	$0	$0	$0	$0	$0	$0	N/A	$175K-76.9%	$761K-16.5%	$911K-30.5%	$1.3M-31.1%	$1.9M-48.3%	$3.7M-42.1%	$6.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$107K-76.5%	$457K-34.2%	$694K-8.2%	$756K-31.9%	$1.1M-51.0%	$2.3M-43.2%	$4.0M
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$68K-77.5%	$304K+40.6%	$216K-61.0%	$554K-30.0%	$791K-43.9%	$1.4M-40.3%	$2.4M
R&D Expenses	N/A	$9.2M+100.3%	$4.6M+139.2%	$1.9M+187.1%	$670K-51.0%	$1.4M+53.3%	$892K-66.7%	$2.7M-22.6%	$3.5M+51.5%	$2.3M-16.9%	$2.7M+85.2%	$1.5M-3.3%	$1.5M-24.3%	$2.0M-1.8%	$2.1M-12.1%	$2.3M
SG&A Expenses	N/A	$14.0M+65.7%	$8.5M+18.3%	$7.1M-4.5%	$7.5M+4.6%	$7.2M-13.9%	$8.3M+43.6%	$5.8M-13.8%	$6.7M+53.2%	$4.4M-15.6%	$5.2M-3.0%	$5.4M+39.5%	$3.8M+6.0%	$3.6M-5.8%	$3.8M-39.4%	$6.3M
Operating Income	N/A	-$23.2M-77.9%	-$13.1M-44.4%	-$9.0M-16.1%	-$7.8M+1.1%	-$7.9M+45.7%	-$14.5M-31.0%	-$11.1M+26.0%	-$15.0M-126.6%	-$6.6M+13.6%	-$7.6M-15.4%	-$6.6M-37.4%	-$4.8M+0.8%	-$4.9M-8.0%	-$4.5M+29.0%	-$6.3M
EBITDA	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$4.8M+0.4%	-$4.8M-8.3%	-$4.5M+29.1%	-$6.3M
Interest Expense	N/A	N/A	N/A	N/A	$289K+3461.4%	$8K-90.3%	$84K-78.7%	$393K+51.9%	$259K+1507.9%	$16K-45.2%	$29K+4068.2%	$705	$0	$0	$0	$0
Income Tax	N/A	$0	$0	$0	$0	$0	$0	$0	N/A	N/A	$0	$0	$0	$0	$0	$0
Net Income	N/A	-$19.6M-66.1%	-$11.8M-49.0%	-$7.9M-5.5%	-$7.5M+4.3%	-$7.8M+45.7%	-$14.4M-35.0%	-$10.7M+31.9%	-$15.7M-120.6%	-$7.1M-12.0%	-$6.3M-46.9%	-$4.3M-18.2%	-$3.7M+20.3%	-$4.6M-13.1%	-$4.1M+30.9%	-$5.9M
EPS (Basic)	N/A	N/A	N/A	N/A	-$0.69+59.6%	-$1.71+52.4%	-$3.59+1.9%	-$3.66	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	—	N/A	-$0.81-24.6%	-$0.65+5.8%	-$0.69	-$1.71+52.4%	-$3.59	-$3.66	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	25M+69.2%	14M+19.7%	12M	N/A	7M+66.9%	4M	3M	2M-78.7%	10M+120.4%	5M	4M-76.4%	15M+18.9%	13M+4.2%	12M+0.9%	12M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$0	$0	N/A	N/A	$0	$0	N/A	$0
R&D Expenses	$3.9M+138.3%	$3.3M+100.9%	N/A	$2.0M+57.1%	$1.6M+80.3%	$1.7M+62.7%	N/A	$1.3M+134.9%
SG&A Expenses	$3.7M+48.3%	$4.3M+24.6%	N/A	$3.2M+88.8%	$2.5M+39.6%	$3.5M+61.3%	N/A	$1.7M+4.2%
Operating Income	-$7.6M-83.9%	-$7.7M-49.3%	N/A	-$5.2M-74.9%	-$4.1M-53.3%	-$5.1M-61.7%	N/A	-$3.0M-37.6%
Income Tax	$0	$0	N/A	$0	$0	$0	N/A	$0
Net Income	-$5.8M-63.5%	-$6.3M-33.0%	N/A	-$4.1M-54.3%	-$3.5M-48.3%	-$4.8M-69.2%	N/A	-$2.7M-44.4%
EPS (Diluted)	-$0.18-12.5%	-$0.20	N/A	-$0.16	-$0.16	-$0.24-14.3%	-$0.24	-$0.19-26.7%
Diluted Shares (Avg)	32M+43.4%	32M	N/A	26M	22M	20M+44.9%	N/A	14M

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, EBITDA, Interest Expense, EPS (Basic).

LTBR Balance Sheet

LTBR quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$203.8M+397.7%	$41.0M+39.3%	$29.4M-0.2%	$29.5M+18.1%	$25.0M+14.6%	$21.8M+11.4%	$19.6M-25.8%	$26.3M+279.3%	$6.9M+2.1%	$6.8M+208.2%	$2.2M-63.5%	$6.1M+7.0%	$5.7M-7.9%	$6.1M-41.6%	$10.5M
Current Assets	$202.6M+402.5%	$40.3M+40.0%	$28.8M-0.7%	$29.0M+16.7%	$24.9M+14.5%	$21.7M+17.9%	$18.4M-25.7%	$24.8M+386.9%	$5.1M+9.2%	$4.7M+270.7%	$1.3M-75.9%	$5.2M+5.3%	$5.0M-10.3%	$5.5M-43.7%	$9.8M
Cash & Equivalents	$2.0M-95.0%	$40.0M+39.8%	$28.6M-1.0%	$28.9M+16.8%	$24.7M+14.9%	$21.5M+19.9%	$18.0M-27.1%	$24.6M+445.6%	$4.5M+26.0%	$3.6M+475.3%	$623K-85.2%	$4.2M+14.9%	$3.7M+67.1%	$2.2M-38.4%	$3.6M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$16K-99.0%	$1.6M-68.9%	$5.1M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$10K-97.3%	$388K+177.9%	$140K-70.2%	$469K+10.1%	$426K-29.2%	$602K+117.1%	$277K
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$847K+99.6%	$425K-12.7%	$486K+38.8%	$350K+104.2%	$172K-96.3%	$4.6M+1208.1%	$350K-66.3%	$1.0M-9.6%	$1.2M-7.5%	$1.2M-66.4%	$3.7M-29.9%	$5.3M+141.6%	$2.2M+468.0%	$385K-77.1%	$1.7M
Current Liabilities	$847K+99.6%	$425K-12.7%	$486K+38.8%	$350K+104.2%	$172K-96.3%	$4.6M+1208.1%	$350K-26.5%	$476K-58.6%	$1.2M-5.4%	$1.2M+2.9%	$1.2M+80.9%	$654K+37.1%	$477K	N/A	N/A
Non-Current Liabilities	$0	$0	$0	$0	$0	$0	$0-100.0%	$564K	$0-100.0%	$28K-98.9%	$2.5M-45.5%	$4.6M+170.7%	$1.7M	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$100K	N/A	N/A	N/A	N/A	N/A
Total Equity	$203.0M+400.9%	$40.5M+40.2%	$28.9M-0.7%	$29.1M+17.5%	$24.8M+44.1%	$17.2M-10.4%	$19.2M-24.1%	$25.3M+336.7%	$5.8M+4.3%	$5.6M+470.7%	-$1.5M-295.6%	$766K-77.9%	$3.5M-34.5%	$5.3M-40.1%	$8.8M
Retained Earnings	-$183.8M-11.9%	-$164.2M-7.7%	-$152.4M-5.5%	-$144.5M-5.5%	-$137.0M-6.1%	-$129.2M-12.6%	-$114.7M-10.9%	-$103.5M-17.8%	-$87.8M-8.8%	-$80.7M-8.5%	-$74.4M-6.2%	-$70.1M-5.5%	-$66.4M-0.3%	-$66.2M-6.5%	-$62.2M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$240.6M+143.1%	$218.9M+275.6%	$203.8M+397.7%	$155.1M+461.4%	$99.0M+254.0%	$58.3M+101.5%	$41.0M+39.3%	$27.6M-8.2%
Current Assets	$238.5M+142.5%	$217.1M+277.8%	$202.6M+402.5%	$154.6M+471.9%	$98.4M+259.4%	$57.5M+102.8%	$40.3M+40.0%	$27.0M-8.3%
Cash & Equivalents	$192.1M+96.2%	$215.7M+278.8%	$2.0M-95.0%	$153.3M+475.7%	$97.9M+261.7%	$56.9M+103.7%	$40.0M+39.8%	$26.6M-8.9%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$2.0M+71.3%	$1.3M+33.7%	$847K+99.6%	$1.6M+34.5%	$1.2M+28.0%	$966K+6.5%	$425K-12.7%	$1.2M+32.4%
Current Liabilities	$2.0M+71.3%	$1.3M+33.7%	$847K+99.6%	$1.6M+34.5%	$1.2M+28.0%	$966K+6.5%	$425K-12.7%	$1.2M+32.4%
Non-Current Liabilities	$0	$0	$0	$0	$0	$0	$0	$0
Total Equity	$238.6M+144.0%	$217.6M+279.7%	$203.0M+400.9%	$153.5M+480.1%	$97.8M+261.8%	$57.3M+104.5%	$40.5M+40.2%	$26.5M-9.4%
Retained Earnings	-$195.9M-13.6%	-$190.1M-12.5%	-$183.8M-11.9%	-$176.6M-10.2%	-$172.5M-9.4%	-$169.0M-8.9%	-$164.2M-7.7%	-$160.2M-6.8%

Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.

LTBR Cash Flow Statement

LTBR quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$17.0M	-$14.3M-50.4%	-$9.5M-46.4%	-$6.5M+4.1%	-$6.8M+38.7%	-$11.0M-28.8%	-$8.6M-28.5%	-$6.7M+10.2%	-$7.4M-48.3%	-$5.0M+16.3%	-$6.0M-63.7%	-$3.7M+15.4%	-$4.3M-10.2%	-$3.9M+22.5%	-$5.1M-24.8%	-$4.1M
Depreciation & Amortization	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$17K-39.3%	$28K+5.2%	$27K
Stock-Based Compensation	N/A	$5.8M+169.4%	$2.1M+70.9%	$1.3M-64.1%	$3.5M+12.9%	$3.1M+4307.1%	$70K-91.5%	$823K-65.4%	$2.4M+99.4%	$1.2M-39.9%	$2.0M+5.5%	$1.9M+566.5%	$282K-14.3%	$329K-66.2%	$975K-35.5%	$1.5M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	$210K-4.8%	$221K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	-$8.8M-27.5%	-$6.9M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$12K	-$11K	$0+100.0%	-$640+90.4%	-$7K+58.5%	-$16K+92.4%	-$210K+94.4%	-$3.8M+35.5%	-$5.8M-2711.8%	-$207K+1.3%	-$210K-79.3%	-$117K+2.4%	-$120K-108.4%	$1.4M-61.0%	$3.7M-29.8%	$5.2M
Financing Cash Flow	$156.6M	$176.2M+743.4%	$20.9M+237.8%	$6.2M-43.4%	$10.9M-23.5%	$14.3M+15.5%	$12.4M+229.4%	$3.8M-88.8%	$33.4M+443.4%	$6.1M-32.9%	$9.1M+5254.2%	$171K-96.6%	$5.0M+25.9%	$4.0M+5995121.2%	-$66+95.9%	-$2K
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$3.5M-53.0%	-$4.8M-44.6%	-$6.2M-61.2%	-$2.5M-29.1%	-$2.3M-24.8%	-$3.3M-75.7%	-$3.8M-63.5%	-$1.9M-71.3%
Stock-Based Compensation	$1.4M+100.0%	$2.5M+84.3%	N/A	$1.6M+300.0%	$700K+75.0%	$1.4M+196.6%	N/A	$400K+33.3%
Investing Cash Flow	-$180+97.1%	-$8K	-$4K	-$1	-$6K	$0	$0	$0+100.0%
Financing Cash Flow	$25.3M-41.5%	$18.6M-8.2%	$54.7M+218.4%	$57.9M+3732.6%	$43.3M+4352.7%	$20.2M+1556.2%	$17.2M+909.2%	$1.5M-30.2%

Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.

LTBR Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LTBR quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	39.0%-1.0pp	40.0%+16.2pp	23.8%-18.5pp	42.3%+0.7pp	41.6%+3.3pp	38.4%+1.2pp	37.2%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-3760.5%	-1003.8%	-726.9%	-367.6%	-255.3%	-122.2%	-99.6%
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-4049.6%	-834.3%	-474.3%	-278.9%	-241.3%	-110.3%	-92.3%
Return on Equity	-9.7%+19.4pp	-29.1%-1.7pp	-27.4%-1.6pp	-25.8%+5.9pp	-31.6%+52.2pp	-83.8%-28.2pp	-55.6%+6.3pp	-62.0%+60.7pp	-122.6%-8.4pp	-114.2%	N/A	-476.9%-344.7pp	-132.2%-55.6pp	-76.6%-10.2pp	-66.4%
Return on Assets	-9.6%+19.2pp	-28.8%-1.9pp	-26.9%-1.5pp	-25.4%+5.9pp	-31.4%+34.8pp	-66.2%-11.6pp	-54.6%+4.9pp	-59.5%+42.8pp	-102.3%-9.0pp	-93.3%+102.3pp	-195.6%-135.3pp	-60.4%+20.7pp	-81.1%-15.0pp	-66.0%-10.2pp	-55.8%
Current Ratio	239.04+144.1x	94.95+35.7x	59.23-23.6x	82.82-62.1x	144.94+140.2x	4.74-47.8x	52.54+0.5x	52.00+47.6x	4.42+0.6x	3.83+2.8x	1.06-6.9x	7.99-2.4x	10.40	N/A	N/A
Debt-to-Equity	0.000.0x	0.010.0x	0.020.0x	0.010.0x	0.01-0.3x	0.27+0.2x	0.020.0x	0.04-0.2x	0.20+0.2x	0.02	N/A	6.90+6.3x	0.63+0.6x	0.07-0.1x	0.19
Asset Turnover	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.00	N/A	0.03-0.1x	0.11-0.3x	0.41+0.2x	0.22-0.1x	0.34-0.3x	0.600.0x	0.60

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Return on Equity	-2.4%+1.2pp	-2.9%+5.4pp	N/A	-2.7%+7.4pp	-3.6%+5.2pp	-8.3%+1.7pp	N/A	-10.0%-3.7pp
Return on Assets	-2.4%+1.2pp	-2.9%+5.3pp	N/A	-2.6%+7.0pp	-3.6%+4.9pp	-8.2%+1.6pp	N/A	-9.6%-3.5pp
Current Ratio	116.56+34.2x	168.12+108.6x	239.04+144.1x	99.11+75.8x	82.35+53.0x	59.49+28.3x	94.95+35.7x	23.32-10.4x
Debt-to-Equity	0.010.0x	0.010.0x	0.000.0x	0.010.0x	0.010.0x	0.020.0x	0.010.0x	0.040.0x
Asset Turnover	0.000.0x	0.000.0x	N/A	N/A	0.000.0x	0.000.0x	N/A	0.000.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Lightbridge Corp. LTBR	FY2025	$0	-$19.6M	N/A	$198.7M	—
ADS-TEC ENERGY PLC ADSE	FY2023	N/A	N/A	N/A	$736.8M	—
Kimball Electronics, Inc. KE	FY2026	$1.4B	$28.0M	1.9%	$671.5M	50/100
Amprius Technologies, Inc. AMPX	FY2025	$73.0M	-$44.0M	-60.3%	$1.3B	53/100
Preformed Line Products Co PLPC	FY2025	$669.3M	$35.3M	5.3%	$1.9B	68/100
T1 Energy Inc. TE	FY2025	$755.3M	-$381K	-0.1%	$945.3M	36/100

Where Lightbridge Corp. Ranks

Frequently Asked Questions

What is Lightbridge Corp.'s annual revenue?

Lightbridge Corp. (LTBR) reported $0 in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Is Lightbridge Corp. profitable?

No, Lightbridge Corp. (LTBR) reported a net income of -$19.6M in fiscal year 2025.

What is Lightbridge Corp.'s return on equity (ROE)?

Lightbridge Corp. (LTBR) has a return on equity of -9.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Lightbridge Corp.'s operating cash flow?

Lightbridge Corp. (LTBR) recorded an outflow of $14.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Lightbridge Corp.'s total assets?

Lightbridge Corp. (LTBR) had $203.8M in total assets as of fiscal year 2025, including both current and long-term assets.

How much does Lightbridge Corp. spend on research and development?

Lightbridge Corp. (LTBR) invested $9.2M in research and development during fiscal year 2025.

How many shares does Lightbridge Corp. have outstanding?

Lightbridge Corp. (LTBR) had 34M shares outstanding as of fiscal year 2025.

What is Lightbridge Corp.'s current ratio?

Lightbridge Corp. (LTBR) had a current ratio of 239.04 as of fiscal year 2025, which is generally considered healthy.

What is Lightbridge Corp.'s debt-to-equity ratio?

Lightbridge Corp. (LTBR) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Lightbridge Corp.'s return on assets (ROA)?

Lightbridge Corp. (LTBR) had a return on assets of -9.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Lightbridge Corp.'s P/E ratio?

Lightbridge Corp. (LTBR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $198.7M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Lightbridge Corp.'s price-to-sales ratio?

Lightbridge Corp. (LTBR) has no price-to-sales ratio at the moment: revenue is not positive (FY2025). The market capitalization is $198.7M as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does Lightbridge Corp.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, Lightbridge Corp. (LTBR) held $2.0M in cash, cash equivalents and investments, and reported an operating cash outflow of $14.3M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is Lightbridge Corp.'s Altman Z-Score?

Lightbridge Corp. (LTBR) has an Altman Z-Score of 140.26, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Lightbridge Corp.'s Piotroski F-Score?

Lightbridge Corp. (LTBR) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Lightbridge Corp.'s earnings high quality?

Lightbridge Corp. (LTBR) reported a net loss of $19.6M while operations used $14.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.