How Energy Fuels makes money

Period

FY2025

How does Energy Fuels make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Energy Fuels Inc Ordinary Shares (Canada) · FY2025 · year ended 2025-12-31

Revenue$66MNet loss$86M · 130%Cost of revenue$52M · 79%Gross profit$14M · 21%Operating expenses$115M · 174%Other income$16M · 24%SG&A$65M · 98%Other opex$50M · 76%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.