enCore Energy (EU) Operating Expenses (2024 - 2026)
enCore Energy's (EU) quarterly Operating Expenses came in at $26.9 million in Q2 2026, up 31.91% on a YoY basis from $20.4 million in Q2 2025, and up 25.11% quarter-over-quarter from $21.5 million in Q4 2025.
Analysis
enCore Energy (EU) Operating Expenses (2024 - 2026) Analysis & Trends
enCore Energy (EU) has reported Operating Expenses for 3 consecutive years, with $26.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 31.91% year-over-year to $26.9 million; the trailing twelve-month figure through Jun 2026 stood at $86.8 million (up 21.68% YoY), and the FY2025 full-year result was $75.5 million, up 16.13% from the prior year.
- Operating Expenses grew to $26.9 million in Q2 2026 per EU's latest filing, from $21.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $26.9 million in Q2 2026 and bottomed at $11.8 million in Q1 2024.
- Historically, Operating Expenses has averaged $18.6 million across 3 years, with a median of $17.9 million in 2025.
- The widest YoY moves for Operating Expenses: up 32.13% in 2025, down 11.53% in 2025.
- Over 3 years, Operating Expenses stood at $19.3 million in 2024, then grew by 11.53% to $21.5 million in 2025, then increased by 25.11% to $26.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $26.9 million, $21.5 million, and $17.9 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 43.86 Bn | 42.75 Bn | 190.14 Mn | 86.71 Mn |
| 2 | NexGen Energy | 6.28 Bn | 5.57 Bn | - | 301,459.84 |
| 3 | Uranium Energy | 5.72 Bn | 5.23 Bn | - | 40.79 Mn |
| 4 | Energy Fuels | 3.63 Bn | 2.70 Bn | 14.42 Mn | 55.68 Mn |
| 5 | Centrus Energy | 3.63 Bn | 1.76 Bn | 49.90 Mn | 37.00 Mn |
| 6 | Nano Nuclear Energy | 910.48 Mn | 331.09 Mn | - | 11.56 Mn |
| 7 | IsoEnergy | 607.48 Mn | 607.48 Mn | - | 769,709.38 |
| 8 | Ur-Energy | 549.28 Mn | 450.28 Mn | 1.89 Mn | 20.33 Mn |
| 9 | enCore Energy | 235.99 Mn | 161.96 Mn | -2.58 Mn | 26.92 Mn |
| 10 | Lightbridge | 107.63 Mn | 107.63 Mn | - | 7.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.92 Mn |
| Dec 31, 2025 | 21.52 Mn |
| Sep 30, 2025 | 17.93 Mn |
| Jun 30, 2025 | 20.41 Mn |
| Mar 31, 2025 | 15.60 Mn |
| Dec 31, 2024 | 19.29 Mn |
| Sep 30, 2024 | 16.01 Mn |
| Jun 30, 2024 | 17.86 Mn |
| Mar 31, 2024 | 11.81 Mn |