# enCore Energy Corp.: overview

EU · Nasdaq · CIK 1500881 · [Materials](/sectors/materials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/eu.md) · [Financials](/companies/eu/financials.md) · [Filings](/companies/eu/filings.md) · [Insiders](/companies/eu/insiders.md)

Latest reported revenue: [$15.7m](/filings/0001628280-26-056452.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 13, 2026 (XBRL us-gaap:Revenues, accession 0001628280-26-056452).

## Last eight quarters

| Line item | Unit | period not labelled (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [9.3](/filings/0001628280-25-050914.md) | [13.4](/filings/0001500881-25-000002.md) | [18.2](/filings/0001628280-26-035003.md) | [3.7](/filings/0001628280-26-056452.md) | [8.9](/filings/0001628280-25-050914.md) | [12.4 d](/filings/0001628280-26-022507.md) | [18.3](/filings/0001628280-26-035003.md) | [15.7](/filings/0001628280-26-056452.md) |
| Gross margin | % | [(14.5%)](/filings/0001628280-25-050914.md) | [(2.2%)](/filings/0001500881-25-000002.md) | [(0.1%)](/filings/0001628280-26-035003.md) | [30.8%](/filings/0001628280-26-056452.md) | [43.8%](/filings/0001628280-25-050914.md) | [37.9% d](/filings/0001628280-26-022507.md) | [(0.3%)](/filings/0001628280-26-035003.md) | [(16.4%)](/filings/0001628280-26-056452.md) |
| Operating margin | % | [(187.5%)](/filings/0001628280-25-050914.md) | [(150.3%)](/filings/0001500881-25-000002.md) | [(85.7%)](/filings/0001628280-26-035003.md) | [(526.1%)](/filings/0001628280-26-056452.md) | [(158.2%)](/filings/0001628280-25-050914.md) | [(135.9%) d](/filings/0001628280-26-022507.md) | [54.4%](/filings/0001628280-26-035003.md) | [(187.9%)](/filings/0001628280-26-056452.md) |
| Net margin | % | [(171.2%)](/filings/0001628280-25-050914.md) | [(128.0%)](/filings/0001500881-25-000002.md) | [(132.9%)](/filings/0001628280-26-035003.md) | [(172.7%)](/filings/0001628280-26-056452.md) | [(53.7%)](/filings/0001628280-25-050914.md) | [(173.9%) d](/filings/0001628280-26-022507.md) | [29.5%](/filings/0001628280-26-035003.md) | [(264.1%)](/filings/0001628280-26-056452.md) |
| Diluted EPS | $ per share | [(0.09)](/filings/0001628280-25-050914.md) | [(0.09)](/filings/0001500881-25-000002.md) | [(0.13)](/filings/0001628280-26-035003.md) | [(0.03)](/filings/0001628280-26-056452.md) | [(0.03)](/filings/0001628280-25-050914.md) | not reported | [0.03](/filings/0001628280-26-035003.md) | [(0.21)](/filings/0001628280-26-056452.md) |
| Free cash flow | $m | [(6.9) d](/filings/0001628280-25-050914.md) | [(5.7) d](/filings/0001628280-26-022507.md) | [(11.7)](/filings/0001628280-26-035003.md) | [(14.1) d](/filings/0001628280-26-056452.md) | [(26.3) d](/filings/0001628280-25-050914.md) | [7.2 d](/filings/0001628280-26-022507.md) | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | not reported | [4.2](/filings/0001500881-25-000002.md) | [22.1](/filings/0001500881-25-000002.md) | [58.3](/filings/0001628280-26-022507.md) | [43.2](/filings/0001628280-26-022507.md) |
| Gross margin | % | not reported | [37.4%](/filings/0001500881-25-000002.md) | [11.6%](/filings/0001500881-25-000002.md) | [(12.4%)](/filings/0001628280-26-022507.md) | [22.5%](/filings/0001628280-26-022507.md) |
| Operating margin | % | not reported | [(610.4%)](/filings/0001500881-25-000002.md) | [(183.9%)](/filings/0001500881-25-000002.md) | [(123.7%)](/filings/0001628280-26-022507.md) | [(152.4%)](/filings/0001628280-26-022507.md) |
| Net margin | % | not reported | [(545.5%)](/filings/0001500881-25-000002.md) | [(115.6%)](/filings/0001500881-25-000002.md) | [(105.2%)](/filings/0001628280-26-022507.md) | [(131.7%)](/filings/0001628280-26-022507.md) |
| Diluted EPS | $ per share | [(0.13)](/filings/0001213900-23-033939.md) | [(0.22)](/filings/0001500881-25-000002.md) | [(0.18)](/filings/0001500881-25-000002.md) | [(0.34)](/filings/0001628280-26-022507.md) | [(0.30)](/filings/0001628280-26-022507.md) |
| Free cash flow | $m | [(4.3)](/filings/0001213900-23-033939.md) | [(21.3)](/filings/0001500881-25-000002.md) | [(30.7)](/filings/0001500881-25-000002.md) | [(56.6)](/filings/0001628280-26-022507.md) | [(45.0)](/filings/0001628280-26-022507.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: ifrs-full:ProfitLossFromOperatingActivities; Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: ifrs-full:DilutedEarningsLossPerShare; Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: ifrs-full:CashFlowsFromUsedInOperatingActivities; Capital expenditure: ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities; Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/eu/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [VAN ECK ASSOCIATES CORP](/funds/869178.md) | 2026-06-30 | $19.9m | 15,159,056 |  | Added +1,185,057 |
| [MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.](/funds/1705339.md) | 2026-06-30 | $17.3m | 13,264,619 |  | Added +171,703 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $14.9m | 11,366,157 |  | Added +996,049 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $11.4m | 8,739,931 | Call | Unchanged |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $8.0m | 6,100,105 |  | New +6,100,105 |
| [Azarias Capital Management, L.P.](/funds/1625279.md) | 2026-06-30 | $5.4m | 4,091,894 |  | Reduced −975,814 |
| [Vident Advisory, LLC](/funds/1744347.md) | 2026-06-30 | $5.1m | 3,879,585 |  | Added +366,055 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $4.4m | 3,388,063 |  | Added +18,577 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $3.7m | 2,811,384 |  | Added +406,937 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $3.5m | 2,665,579 |  | Added +57,749 |

## Recent filings

[All 290 filings](/companies/eu/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-13 | 11:24 ET | [8-K](/filings/0001193125-26-347878.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-347878 |
| 2026-08-13 | 10:10 ET | [10-Q](/filings/0001628280-26-056452.md) | Quarterly report, period 2026-06-30 | 0001628280-26-056452 |
| 2026-07-09 | 20:05 ET | [8-K](/filings/0001193125-26-299677.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001193125-26-299677 |
| 2026-06-16 | 20:39 ET | [8-K](/filings/0001193125-26-272734.md) | 5.07 Shareholder vote results | 0001193125-26-272734 |
| 2026-05-14 | 19:14 ET | [10-Q](/filings/0001628280-26-035003.md) | Quarterly report, period 2026-03-31 | 0001628280-26-035003 |
| 2026-05-14 | 11:33 ET | [8-K](/filings/0001193125-26-222814.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-222814 |
| 2026-04-30 | 20:06 ET | [DEF 14A](/filings/0001193125-26-197188.md) | Proxy statement, period 2026-06-10 | 0001193125-26-197188 |
| 2026-04-20 | 11:08 ET | [8-K](/filings/0001193125-26-162680.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-162680 |
| 2026-03-31 | 21:26 ET | [10-K](/filings/0001628280-26-022507.md) | Annual report, period 2025-12-31 | 0001628280-26-022507 |
| 2026-03-09 | 11:10 ET | [8-K](/filings/0001193125-26-097544.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-097544 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-022507.md), filed Mar 31, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/eacdc64d-dfba-493b-a605-aac8c1f257d7)

## About the filer

- CIK: 1500881
- Tickers: EU
- Exchange: Nasdaq
- SIC code: 1090 Miscellaneous Metal Ores
- State of incorporation: A1
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:41 ET. No prices; not investment advice.