URG · Ur-Energy Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.93M | - | $6.32M | $10.44M | - | - | $6.40M | $4.65M | $0 | - |
| Cost of Revenue | $2.69M | - | $7.06M | $8.49M | $2.60M | - | $5.61M | $3.33M | $1.14M | - |
| Gross Profit | $1.24M | - | ($740.0K) | $1.94M | ($2.60M) | - | $787.0K | $1.33M | ($1.14M) | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $3.92M | - | $2.87M | $2.20M | $2.17M | - | $1.40M | $1.45M | $2.57M | - |
| Total Operating Expenses | $21.58M | - | $19.07M | $17.70M | $13.24M | - | $12.65M | $12.73M | $15.14M | - |
| D&A | $1.01M | - | - | - | $728.0K | - | - | - | $603.0K | - |
| Operating Income | ($20.33M) | - | ($19.81M) | ($15.76M) | ($15.84M) | - | ($11.86M) | ($11.41M) | ($16.28M) | - |
| Interest Expense | $2.95M | - | $300.0K | $300.0K | $300.0K | - | - | - | $100.0K | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($28.77M) | - | ($27.46M) | ($20.96M) | ($10.90M) | - | ($8.00M) | ($6.58M) | ($18.54M) | - |
| EPS - Basic | ($0.07) | - | ($0.07) | ($0.06) | ($0.03) | - | ($0.02) | ($0.02) | ($0.07) | - |
| EPS - Diluted | ($0.07) | - | ($0.07) | ($0.06) | ($0.03) | - | ($0.02) | ($0.02) | ($0.07) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $122.84M | $123.86M | $52.03M | $57.60M | $74.85M | $76.06M | $118.46M | $61.31M | $53.90M | $59.70M |
| Accounts Receivable | $20.0K | - | $2.08M | $7.0K | - | $16.51M | - | - | - | $0 |
| Inventory | $28.03M | $24.29M | $19.18M | $20.90M | $23.48M | $20.74M | $4.25M | $5.07M | $4.70M | $2.57M |
| Accounts Payable | $9.49M | $8.64M | $6.67M | $5.64M | $4.50M | $3.29M | $5.73M | $3.03M | $3.66M | $1.68M |
| Current Assets | $154.14M | $150.43M | $76.61M | $80.95M | $99.96M | $115.26M | $125.02M | $67.96M | $60.02M | $63.67M |
| Total Assets | $291.65M | $272.46M | $170.95M | $171.34M | $182.87M | $194.13M | $201.37M | $140.58M | $124.94M | $128.38M |
| Current Liabilities | $34.74M | $27.66M | $9.76M | $24.09M | $20.68M | $19.25M | $7.45M | $4.34M | $5.07M | $10.03M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $82.88M | $77.45M | $90.67M | $102.09M | $123.10M | $132.80M | $152.91M | $92.76M | $76.95M | $74.87M |
| Retained Earnings | ($407.77M) | ($379.00M) | ($363.42M) | ($335.95M) | ($315.00M) | ($304.10M) | ($284.04M) | ($276.04M) | ($269.45M) | ($250.91M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($16.49M) | - | - | - | $2.81M | - | - | - | ($14.38M) | - |
| Investing Cash Flow | ($12.16M) | - | - | - | ($3.83M) | - | - | - | ($843.0K) | - |
| Financing Cash Flow | $28.37M | - | - | - | ($11.0K) | - | - | - | $9.56M | - |
| CapEx | $12.30M | - | - | - | $3.83M | - | - | - | $843.0K | - |
| Free Cash Flow | ($28.79M) | - | - | - | ($1.02M) | - | - | - | ($15.22M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 31.6% | - | -11.7% | 18.6% | - | - | 12.3% | 28.5% | - | - |
| Operating margin | -517.2% | - | -313.3% | -151.1% | - | - | -185.4% | -245.2% | - | - |
| EBITDA margin | -491.5% | - | - | - | - | - | - | - | - | - |
| Net margin | -732.0% | - | -434.3% | -200.8% | - | - | -125.0% | -141.5% | - | - |
| Free cash flow margin | -732.3% | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 1.00 | - | - | - | 0.09 | - | - | - | 0.82 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 99.8% | - | 45.4% | 21.1% | - | - | 21.8% | 31.2% | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -9.9% | - | -16.1% | -12.2% | -6.0% | - | -4.0% | -4.7% | -14.8% | - |
| Return on equity | -34.7% | - | -30.3% | -20.5% | -8.9% | - | -5.2% | -7.1% | -24.1% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 4.44 | 5.44 | 7.85 | 3.36 | 4.83 | 5.99 | 16.78 | 15.67 | 11.83 | 6.35 |
| Quick ratio | 3.63 | 4.56 | 5.89 | 2.49 | 3.70 | 4.91 | 16.21 | 14.50 | 10.90 | 6.09 |
| Cash ratio | 3.54 | 4.48 | 5.33 | 2.39 | 3.62 | 3.95 | 15.90 | 14.14 | 10.62 | 5.95 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -6.9x | - | -66.0x | -52.5x | -52.8x | - | - | - | -162.8x | - |
| Equity multiplier | 3.52 | 3.52 | 1.89 | 1.68 | 1.49 | 1.46 | 1.32 | 1.52 | 1.62 | 1.71 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.01 | - | 0.04 | 0.06 | - | - | 0.03 | 0.03 | 0.00 | - |
| Inventory turnover | 0.10 | - | 0.37 | 0.41 | 0.11 | - | 1.32 | 0.66 | 0.24 | - |
| Days sales outstanding | 2d | - | 120d | 0d | - | - | - | - | - | - |
| Days inventory outstanding | 3807d | - | 991d | 898d | 3299d | - | 276d | 557d | 1506d | - |
| Days payable outstanding | 1289d | - | 345d | 242d | 632d | - | 373d | 332d | 1174d | - |
| Cash conversion cycle | 2520d | - | 766d | 656d | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 7.0x | - | 7.2x | 3.8x | 2.0x | - | 2.7x | 4.3x | 5.8x | - |
| P / S | 147.4x | - | 103.9x | 36.7x | - | - | 63.5x | 86.2x | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | -1.2% | 124.3% | - | - | 11.3% | 11830.8% | -100.0% | - |
| Revenue CAGR (3y) | -15.2% | - | - | 718.9% | - | - | 792.6% | -12.5% | - | - |
| Revenue CAGR (5y) | 23.5% | - | - | 8.5% | - | - | 363.2% | 4.1% | - | - |
| Gross profit growth (YoY) | - | - | - | 46.3% | -128.1% | - | -12.3% | - | -1898.2% | - |
| Operating income growth (YoY) | -28.4% | - | -67.0% | -38.2% | 2.8% | - | -14.2% | -27.7% | -421.6% | - |
| Net income growth (YoY) | -164.0% | - | -243.2% | -218.3% | 41.2% | - | 53.4% | 9.6% | -2500.4% | - |
| EPS growth (YoY) | -133.3% | - | -250.0% | -200.0% | 57.1% | - | 71.4% | 33.3% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -2716.8% | - | - | - | 93.3% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -32.7% | -41.7% | -40.7% | 10.1% | 60.0% | 77.4% | 108.8% | 3.7% | -20.3% | 19.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$27.18M totalSingle Reportable Segment$27.18M · 100.0%
Peer comparison
Same SIC group: Gold and Silver Ores
Comparing UR-ENERGY INC against the 5 most active filers in the same SIC group.