Western Uranium & Vanadium (WSTRF) Gross Margin (2021 - 2025)
Western Uranium & Vanadium (WSTRF) posted quarterly Gross Margin of 100.0% for Q4 2025, down 180.0% year-over-year from 125.0% in Q4 2024, and little changed quarter-over-quarter from 99.54% in Q3 2025.
Western Uranium & Vanadium (WSTRF) Gross Margin (2021 - 2025) Analysis & Trends
Western Uranium & Vanadium (WSTRF) has reported Gross Margin for 5 consecutive years, with 100.0% the latest figure, recorded in Q4 2025.
- In Q4 2025, Gross Margin fell 180.0% year-over-year to 100.0%; the TTM figure through Dec 2025 stood at 97.86% (down 989.0% YoY), while the FY2025 annual figure was 98.75%, up 128.0% from the prior year.
- Gross Margin was little changed at 100.0% in Q4 2025 per WSTRF's latest filing, from 99.54% in the prior quarter.
- Across five years, Gross Margin topped out at 101.8% in Q4 2024 and bottomed at 44.95% in Q2 2022.
- Historically, Gross Margin has averaged 94.7% across 5 years, with a median of 100.0% in 2021.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 5505 bps — and 2023, when it surged 5505 bps.
- Western Uranium & Vanadium's Gross Margin stood at 100.0% in 2021, then changed by 0 bps to 100.0% in 2022, then changed by 0 bps to 100.0% in 2023, then rose by 2 bps to 101.8% in 2024, then decreased by 2 bps to 100.0% in 2025.
- Business Quant data shows WSTRF's Gross Margin at 100.0% in Q4 2025, 99.54% in Q3 2025, and 87.55% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 41.56 Bn | 40.13 Bn | 218.02 Mn | 35.68% |
| 2 | NexGen Energy | 6.79 Bn | 6.79 Bn | - | - |
| 3 | Uranium Energy | 5.49 Bn | 5.01 Bn | - | - |
| 4 | Centrus Energy | 3.50 Bn | 1.63 Bn | 49.90 Mn | 28.34% |
| 5 | Energy Fuels | 3.47 Bn | 2.54 Bn | 14.42 Mn | 57.42% |
| 6 | Denison Mines | 2.85 Bn | -451.87 Bn | - | - |
| 7 | IsoEnergy | 625.98 Mn | 537.16 Mn | - | - |
| 8 | Uranium Royalty | 587.44 Mn | 487.44 Mn | 3.43 Mn | 28.66% |
| 9 | Ur-Energy | 532.59 Mn | 433.58 Mn | 1.89 Mn | 13.18% |
| 10 | Western Uranium & Vanadium | 28.22 Mn | 24.70 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 100.00% |
| Sep 30, 2025 | 99.54% |
| Jun 30, 2025 | 87.55% |
| Dec 31, 2024 | 101.80% |
| Sep 30, 2024 | 100.00% |
| Jun 30, 2024 | 86.68% |
| Dec 31, 2023 | 100.00% |
| Sep 30, 2023 | 100.00% |
| Jun 30, 2023 | 100.00% |
| Dec 31, 2022 | 100.00% |
| Sep 30, 2022 | 100.00% |
| Jun 30, 2022 | 44.95% |
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 100.00% |
| Jun 30, 2021 | 100.00% |