What is Westwater Res's earnings per share (EPS)?

Westwater Res (WWR) reported diluted earnings per share of $-0.32 for fiscal year 2025. This represents a -45.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Westwater Res Financials

WWR

Source SEC Filings (10-K/10-Q) Updated Mar 19, 2026 Currency USD FYE March

This page shows Westwater Res (WWR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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).

Financial Health Signals

Earnings Quality Low Quality

0.36x

For every $1 of reported earnings, Westwater Res generates $0.36 in operating cash flow (-$9.9M OCF vs -$27.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$27.3M

YoY-115.9%

Westwater Res reported -$27.3M in net income in fiscal year 2025. This represents a decrease of 115.9% from the prior year.

EPS (Diluted)

$-0.32

YoY-45.5%

Westwater Res earned $-0.32 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 45.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$21.6M

YoY-80.5%

Westwater Res generated -$21.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 80.5% from the prior year.

Cash & Debt

N/A

Dividends Per Share

N/A

Shares Outstanding

125M

YoY+92.4%

5Y CAGR+33.5%

Westwater Res had 125M shares outstanding in fiscal year 2025. This represents an increase of 92.4% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

$1.1M

YoY-3.2%

Westwater Res invested $1.1M in research and development in fiscal year 2025. This represents a decrease of 3.2% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$11.7M

YoY+90.2%

5Y CAGR+170.3%

Westwater Res invested $11.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 90.2% from the prior year.

WWR Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$1.1M-3.2%	$1.2M-59.9%	$2.9M+156.3%	$1.1M	N/A	N/A
SG&A Expenses	$12.4M+24.0%	$10.0M+2.1%	$9.8M-1.2%	$9.9M+11.6%	$8.9M+56.3%	$5.7M
Operating Income	N/A	N/A	N/A	N/A	N/A	-$11.2M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$27.3M-115.9%	-$12.7M-63.3%	-$7.8M+30.3%	-$11.1M+31.1%	-$16.1M+31.5%	-$23.6M
EPS (Diluted)	$-0.32-45.5%	$-0.22-46.7%	$-0.15+40.0%	$-0.25+49.0%	$-0.49+69.0%	$-1.58

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$370K+34.5%	$275K+51.1%	$182K	N/A	$254K-9.6%	$281K-10.8%	$315K	N/A
SG&A Expenses	$3.5M+10.2%	$3.1M+36.6%	$2.3M	N/A	$2.4M-2.6%	$2.5M-4.5%	$2.6M	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$9.8M-154.2%	-$3.9M-44.6%	-$2.7M	N/A	-$3.1M+18.6%	-$3.8M-31.8%	-$2.9M	N/A
EPS (Diluted)	$-0.12-140.0%	$-0.05-25.0%	$-0.04	N/A	$-0.05+28.6%	$-0.07-40.0%	$-0.05	N/A

WWR Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	N/A	$146.4M-2.3%	$149.8M-11.0%	$168.4M+26.6%	$133.0M+114.7%	$61.9M
Current Assets	N/A	$4.9M-58.1%	$11.6M-84.7%	$76.1M-34.2%	$115.6M+119.8%	$52.6M
Cash & Equivalents	N/A	$4.3M-60.6%	$10.9M-85.6%	$75.2M-34.8%	$115.3M+129.1%	$50.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	N/A	$13.2M+41.0%	$9.4M-64.5%	$26.4M+289.7%	$6.8M+51.9%	$4.5M
Current Liabilities	N/A	$11.8M+51.3%	$7.8M-69.0%	$25.1M+370.7%	$5.3M+25.2%	$4.3M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	N/A	$133.1M-5.2%	$140.4M-1.1%	$142.0M+12.5%	$126.2M+119.6%	$57.5M
Retained Earnings	N/A	-$373.7M-3.5%	-$361.0M-2.2%	-$353.3M-3.3%	-$342.2M-5.0%	-$326.0M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$157.7M+4.8%	$150.5M+2.1%	$147.4M+0.7%	$146.4M+2.0%	$143.5M-0.5%	$144.3M-2.0%	$147.2M-1.8%	$149.8M
Current Assets	$13.4M+83.1%	$7.3M+76.1%	$4.2M-14.5%	$4.9M-14.2%	$5.7M-26.6%	$7.7M+10.5%	$7.0M-39.9%	$11.6M
Cash & Equivalents	$12.9M+92.5%	$6.7M+105.5%	$3.3M-23.6%	$4.3M-6.0%	$4.5M+43.6%	$3.2M-48.4%	$6.1M-43.5%	$10.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$19.7M+25.3%	$15.7M+25.2%	$12.6M-5.1%	$13.2M+20.8%	$11.0M+17.0%	$9.4M+5.5%	$8.9M-5.4%	$9.4M
Current Liabilities	$18.3M+27.9%	$14.3M+28.8%	$11.1M-5.4%	$11.8M+24.5%	$9.4M+20.9%	$7.8M+7.1%	$7.3M-6.1%	$7.8M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$138.0M+2.4%	$134.8M-0.1%	$134.9M+1.3%	$133.1M+0.4%	$132.5M-1.8%	$134.9M-2.4%	$138.3M-1.5%	$140.4M
Retained Earnings	-$390.1M-2.6%	-$380.2M-1.0%	-$376.4M-0.7%	-$373.7M-0.8%	-$370.9M-0.8%	-$367.7M-1.0%	-$363.9M-0.8%	-$361.0M

WWR Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$9.9M-70.2%	-$5.8M+49.1%	-$11.4M+13.3%	-$13.2M+22.1%	-$16.9M-11.4%	-$15.2M
Capital Expenditures	$11.7M+90.2%	$6.1M-89.5%	$58.3M+10.4%	$52.8M+1474.4%	$3.4M+4039.5%	$81K
Free Cash Flow	-$21.6M-80.5%	-$12.0M+82.8%	-$69.7M-5.7%	-$66.0M-225.5%	-$20.3M-32.8%	-$15.3M
Investing Cash Flow	-$11.4M-146.5%	-$4.6M+92.0%	-$58.3M-10.4%	-$52.8M-2404.3%	-$2.1M+48.6%	-$4.1M
Financing Cash Flow	$65.6M+1595.0%	$3.9M-28.0%	$5.4M-79.2%	$25.9M-69.2%	$84.0M+31.4%	$63.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$3.3M-38.0%	-$2.4M-2.3%	-$2.3M-12.5%	-$2.1M-244.5%	$1.4M+159.1%	-$2.4M+13.4%	-$2.8M-466.7%	$757K
Capital Expenditures	$1.2M-44.3%	$2.1M-27.5%	$2.9M+164.1%	$1.1M+4.3%	$1.1M-28.2%	$1.5M-40.5%	$2.5M-17.0%	$3.0M
Free Cash Flow	-$4.4M+1.0%	-$4.5M+14.4%	-$5.2M-65.7%	-$3.2M-986.3%	$357K+109.2%	-$3.9M+26.2%	-$5.3M-134.5%	-$2.2M
Investing Cash Flow	-$1.2M+36.6%	-$1.9M+36.3%	-$2.9M-166.1%	-$1.1M-251.0%	-$314K+57.0%	-$731K+70.7%	-$2.5M+17.0%	-$3.0M
Financing Cash Flow	$10.6M+38.8%	$7.7M+81.3%	$4.2M+46.8%	$2.9M+952.2%	$274K+60.2%	$171K-68.6%	$544K-60.1%	$1.4M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

WWR Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	-9.5%-4.0pp	-5.5%+2.3pp	-7.8%+5.0pp	-12.8%+28.2pp	-41.0%
Return on Assets	N/A	-8.6%-3.5pp	-5.2%+1.4pp	-6.6%+5.5pp	-12.1%+25.9pp	-38.1%
Current Ratio	N/A	0.41-1.1	1.49-1.5	3.04-18.7	21.72+9.3	12.37
Debt-to-Equity	N/A	0.10+0.0	0.07-0.1	0.19+0.1	0.05-0.0	0.08
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-7.1%-4.3pp	-2.9%-0.9pp	-2.0%	N/A	-2.4%+0.5pp	-2.8%-0.7pp	-2.1%	N/A
Return on Assets	-6.2%-3.7pp	-2.6%-0.8pp	-1.8%	N/A	-2.2%+0.5pp	-2.6%-0.7pp	-2.0%	N/A
Current Ratio	0.73+0.2	0.51+0.1	0.37-0.0	0.41-0.2	0.60-0.4	0.99+0.0	0.96-0.5	1.49
Debt-to-Equity	0.14+0.0	0.12+0.0	0.090.0	0.10+0.0	0.08+0.0	0.070.0	0.060.0	0.07
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

Is Westwater Res profitable?

No, Westwater Res (WWR) reported a net income of -$27.3M in fiscal year 2025.

What is Westwater Res's free cash flow?

Westwater Res (WWR) generated -$21.6M in free cash flow during fiscal year 2025. This represents a -80.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Westwater Res's operating cash flow?

Westwater Res (WWR) generated -$9.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Westwater Res's capital expenditures?

Westwater Res (WWR) invested $11.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Westwater Res spend on research and development?

Westwater Res (WWR) invested $1.1M in research and development during fiscal year 2025.

How many shares does Westwater Res have outstanding?

Westwater Res (WWR) had 125M shares outstanding as of fiscal year 2025.

Are Westwater Res's earnings high quality?

Westwater Res (WWR) has an earnings quality ratio of 0.36x, considered low quality (accrual-driven). 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.