)

Energy Fuels (EFR) investor relations material
Energy Fuels Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved record uranium production at Pinyon Plain, driving lower-cost output and positioning for higher margins in coming years.
Advanced rare earth and heavy mineral sands projects, including final regulatory approval for the Donald Project and feasibility progress at Toliara and Bahia.
Improved rare earth pricing, especially ex-China, with DY and TB prices 350% higher than China.
Strengthened balance sheet and improved financial results compared to Q1 2025.
Appointed new executive officers to support global growth and expertise.
Financial highlights
Ended Q2 2025 with $253M in working capital, $71.49M in cash, $126.41M in marketable securities, and no debt.
Net loss in Q2 was $22M (10¢/share), improved from Q1's $26M loss (13¢/share).
Sold 50,000 lbs of uranium at $77/lb, achieving a 31% margin and $3.85M in revenue.
Inventory includes 1,875,000 lbs U3O8, 905,000 lbs vanadium, and significant REE oxide stock.
Total assets increased 15% year-over-year to $702.47M; current liabilities decreased 40% to $35.67M.
Outlook and guidance
2025 uranium production guidance: 875,000–1,435,000 lbs newly mined uranium; finished uranium expected between 700,000–1,000,000 lbs by year-end.
Projected uranium production for 2025: 1,000,000 lbs finished U3O8, with 1.1–1.4M lbs expected in Q4 2025–Q1 2026.
Pinion Plain Mine expected to drive costs down to $23–$30/lb recovered uranium.
Commercial-scale heavy REE oxide production could begin in Q4 2026, pending pilot results.
Donald Project FID possible by end of 2025; Toliara Project FID possible in 2026, subject to agreements.
Next Energy Fuels earnings date

Next Energy Fuels earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage