United States was Energy Fuels’s largest region in fiscal 2025, bringing in $38.93M of $65.92M (59%).
| Geography | FY 2014 | FY 2015 | FY 2016 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| United States | $9.47M | $34.51M | $24.60M | $38.93M | ||||||
| Netherlands | — | — | $11.76M | — | ||||||
| Korea, Republic Of | — | — | $1.17M | $505.00K | ||||||
| South Korea | — | — | — | — | ||||||
| China | — | — | $17.30M | $3.06M | ||||||
| Germany | — | — | $8.59M | — | ||||||
| Japan | — | — | $12.41M | $4.06M | ||||||
| Canada | $450.00K | $566.00K | $42.00K | $15.37M | ||||||
| Saudi Arabia | — | — | — | $3.46M | ||||||
| Estonia | $2.59M | $2.85M | — | $348.00K | ||||||
| Other | — | — | — | — | ||||||
| Spain | — | — | $1.25M | — | ||||||
| Mexico | — | — | $806.00K | — | ||||||
| United Arab Emirates | — | — | — | $195.00K | ||||||
| Kenya | — | — | $191.00K | — | ||||||
| Total | $12.52M | $37.93M | $78.11M | $65.92M |
Energy Fuels brought in $65.92M from its eight regions in fiscal 2025, the year ended December 31, 2025. Energy Fuels regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $78.11M. United States was the largest at $38.93M (59.1%), ahead of Canada at $15.37M (23.3%) and Japan at $4.06M (6.2%). The other five regions brought in $7.57M combined.
Compared with fiscal 2024, Canada grew fastest, up 36,483.3% to $15.37M, while China fell the most, down 82.3% to $3.06M.
Energy Fuels began breaking out Korea, Republic Of in fiscal 2024, China in fiscal 2024, Japan in fiscal 2024 and Saudi Arabia in fiscal 2025. Energy Fuels stopped reporting Netherlands ($11.76M in fiscal 2024), Germany ($8.59M in fiscal 2024), Spain ($1.25M in fiscal 2024) and two others as separate regions.
Uranium Concentrates was Energy Fuels’s largest segment in fiscal 2025, bringing in $50.10M of $65.92M (76%).
| Segment | FY 2014 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Uranium Concentrates | — | $35.08M | $38.24M | $50.10M | |
| Uranium | $10.39M | — | — | — | |
| Heavy Mineral Sands | — | — | $39.87M | $15.82M | |
| Re Carbonate | — | $2.85M | — | — | |
| Rare Earth Elements | $2.12M | — | — | — | |
| Alternate Feed Materials Processing & Other | — | — | — | — | |
| Total | $12.52M | $37.93M | $78.11M | $65.92M |
Energy Fuels brought in $65.92M from its two segments in fiscal 2025, the year ended December 31, 2025. That was down 15.6% from $78.11M in fiscal 2024. Uranium Concentrates was the largest at $50.10M (76.0%), ahead of Heavy Mineral Sands at $15.82M (24.0%).
Compared with fiscal 2024, Uranium Concentrates grew 31.0% to $50.10M, while Heavy Mineral Sands fell 60.3% to $15.82M.
Energy Fuels began breaking out Heavy Mineral Sands in fiscal 2024, when it brought in $39.87M. Energy Fuels stopped reporting Uranium ($10.39M in fiscal 2022), Re Carbonate ($2.85M in fiscal 2023) and Rare Earth Elements ($2.12M in fiscal 2022) as separate segments.
Revenues, Uranium Concentrates was Energy Fuels’s largest revenue line in fiscal 2025, bringing in $48.23M of $65.92M (73%).
| Revenue Type | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Revenues, Uranium Concentrates | — | $33.28M | $37.90M | $48.23M |
| Revenues, Heavy Mineral Sands | — | — | $39.87M | $15.82M |
| Revenues, Vanadium Concentrates | $8.78M | $871.00K | — | — |
| Revenues, Re Carbonate | $2.12M | $2.85M | — | — |
| Revenues, Alternate Feed Materials | $1.62M | $931.00K | $336.00K | $1.87M |
| Total | $12.52M | $37.93M | $78.11M | $65.92M |
Energy Fuels brought in $65.92M from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 15.6% from $78.11M in fiscal 2024. Revenues, Uranium Concentrates was the largest at $48.23M (73.2%), ahead of Revenues, Heavy Mineral Sands at $15.82M (24.0%) and Revenues, Alternate Feed Materials at $1.87M (2.8%).
Compared with fiscal 2024, Revenues, Alternate Feed Materials grew fastest, up 455.7% to $1.87M, while Revenues, Heavy Mineral Sands fell the most, down 60.3% to $15.82M.
Energy Fuels began breaking out Revenues, Uranium Concentrates in fiscal 2023 and Revenues, Heavy Mineral Sands in fiscal 2024. Energy Fuels stopped reporting Revenues, Re Carbonate ($2.85M in fiscal 2023) and Revenues, Vanadium Concentrates ($871.00K in fiscal 2023) as separate revenue lines.
Energy Fuels (UUUU) reports its revenue by geography, by segment and by revenue type. In fiscal 2025, United States was its largest region, bringing in $38.93M (59.1% of the total), followed by Canada at $15.37M (23.3%).
United States was Energy Fuels' largest region in fiscal 2025, bringing in $38.93M, or 59.1% of the $65.92M total across its eight regions.
Uranium Concentrates was Energy Fuels' largest segment in fiscal 2025, bringing in $50.10M, or 76.0% of the $65.92M total across its two segments.
Revenues, Uranium Concentrates was Energy Fuels' largest revenue line in fiscal 2025, bringing in $48.23M, or 73.2% of the $65.92M total across its three revenue lines.
Uranium Concentrates grew faster than Heavy Mineral Sands in fiscal 2025, up 31.0% from $38.24M to $50.10M. Heavy Mineral Sands fell 60.3% to $15.82M.
Every figure comes from Energy Fuels' annual financial filings, as reported. Each line keeps the name Energy Fuels gives it, and years follow its fiscal calendar.
Energy Fuels' revenue by geography goes back to fiscal 2014, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.