Welcome to our dedicated page for Centrus Energy news (Ticker: LEU), a resource for investors and traders seeking the latest updates and insights on Centrus Energy stock.
Centrus Energy Corp. supplies nuclear fuel and services for the nuclear power industry. Its recurring news centers on Low-Enriched Uranium sales, separative work units, uranium enrichment, High-Assay, Low-Enriched Uranium, and Technical Solutions work that includes engineering, design, and manufacturing services for government and private-sector customers.
Company updates also cover financial results, revenue guidance, centrifuge manufacturing, enrichment-capacity expansion in Piketon, Ohio, and manufacturing activity in Oak Ridge, Tennessee. Partnership news has addressed engineering, project management, supply-chain coordination, artificial-intelligence tools, and other operational support for uranium-enrichment expansion.
X-energy (Nasdaq: XE) and Centrus Energy (NYSE: LEU) signed a definitive, long-term enrichment services agreement covering low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) for X-energy’s Xe-100 advanced small modular reactor program. At full execution, X-energy said the deal meaningfully de-risks its Xe-100 project pipeline and secures HALEU to support a portion of the initial fuel needs for its 11.5 GW commercial pipeline.
HALEU from Centrus’s American Centrifuge Plant in Piketon, Ohio will be supplied to X-energy’s subsidiary TRISO-X for TRISO-X coated particle fuel fabrication in Oak Ridge, Tennessee, under a phased approach that scales production with X-energy’s commercial pipeline. TRISO-X holds a 40-year NRC special nuclear material license, and X-energy is advancing more than 11 GW of Xe-100 capacity in the U.S. and U.K. with projects involving Dow, Amazon and Centrica.
Centrus Energy (NYSE: LEU) signed a definitive agreement to provide X-energy with enrichment services for low-enriched uranium (LEU) and high-assay, low-enriched uranium (HALEU), with quantities expected to support X-energy’s initial Xe-100 small modular reactors and TRISO-X fuel deployments. X-energy will make prepayments to support Centrus’ domestic commercial enrichment capacity program. Centrus will supply LEU and HALEU from its American Centrifuge Plant in Pike County, Ohio, adding to its approximately $3 billion LEU and HALEU backlog, of which $2.4 billion is definitized, and aligning with its recently signed $900 million HALEU enrichment award with the U.S. Department of Energy.
Centrus Energy (NYSE: LEU) reported Q2 2026 revenue of $176.1 million, up 14% from $154.5 million in Q2 2025. GAAP net income was $16.8 million versus $28.9 million, while non-GAAP adjusted net income rose to $38.7 million from $34.5 million.
LEU segment revenue increased 22% to $153.4 million, including $53.4 million of uranium sales, while SWU revenue declined $25.7 million on 23% lower volume and 3% higher pricing. Technical Solutions revenue fell 21% to $22.7 million and shifted from a $3.2 million gross profit to a $1.7 million gross loss, largely tied to the HALEU Operation Contract.
Centrus signed a $900 million HALEU enrichment award with the U.S. Department of Energy, a large-scale commercial HALEU supply agreement that may include prepayments, and grew contingent LEU/HALEU backlog to $3.0 billion within a total company backlog of $4.5 billion.
For 2026, Centrus guides to $450–$500 million in total revenue and $350–$500 million in capital deployment, and expects to complete its first new centrifuge in Oak Ridge by year-end while significantly expanding hiring in Oak Ridge and Piketon.
Centrus Energy (NYSE: LEU) will webcast its quarterly conference call for shareholders and the financial community on Thursday, August 6, 2026, at 8:30 a.m. ET. The company will release its Q2 2026 earnings after market close on Wednesday, August 5, 2026, with live and replay access via the Investor Relations section of CentrusEnergy.com through August 19, 2026.
Centrus Energy (NYSE: LEU) will join the S&P SmallCap 600 Index before trading opens on July 14, 2026, replacing Whitestone REIT. The company highlights this as a milestone in its efforts to expand U.S. uranium enrichment, including a multi‑billion‑dollar plant expansion and a $900 million DOE task order.
Midera Food Processing (NASD:MFP) and Centrus Energy (NYSE:LEU) are set to join the S&P SmallCap 600. MFP will replace Redwood Trust on July 8, 2026, following its spin-off from Middleby. Centrus Energy will replace Whitestone REIT on July 14, 2026, linked to Whitestone’s acquisition by Ares Management.
Centrus Energy (NYSE: LEU) signed a contract with the U.S. Department of Energy to finalize a $900 million fixed-price HALEU enrichment task order, bringing total potential contract value with options to $1.07 billion.
The deal supports a multi-billion-dollar HALEU and LEU capacity expansion, including an initial 12 metric tons per year of HALEU capacity, addressing a $2.4 billion LEU backlog and targeting first new capacity online by 2029.
Centrus Energy (NYSE American: LEU) received stockholder approval at its June 18, 2026 annual meeting to enter a seventh amendment to its Section 382 Rights Agreement. The amendment extends the Rights Plan, designed to preserve substantial NOL-related tax assets, through June 30, 2029.
Centrus Energy (NYSE: LEU) and Oklo (NYSE: OKLO) signed a non-binding Letter of Intent for Centrus to supply enough domestic HALEU from its American Centrifuge Plant to power up to five Aurora powerhouses for multiple years, with deliveries starting in 2029.
The fuel would support Oklo's planned 1.2 GW clean energy campus in southern Ohio and may include prepayments. Centrus plans to leverage billions in private capital plus a $900 million U.S. Department of Energy HALEU task order, while both companies project thousands of construction and operating jobs in Ohio.
Centrus (NYSE: LEU) reported Q1 2026 results: revenue $76.7M, GAAP net income $10.0M, and non-GAAP adjusted net income $23.5M. The company launched a multi-year centrifuge manufacturing expansion in Oak Ridge, signed Fluor and Palantir partnerships, and raised 2026 revenue guidance to $450M–$500M.
Backlog totaled $3.9B extending to 2040; full-year capital deployment guidance is $350M–$500M.