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Side-by-side financial comparison of URANIUM ENERGY CORP (UEC) and UR-ENERGY INC (URG). Click either name above to swap in a different company.

UR-ENERGY INC produced more free cash flow last quarter ($-20.4M vs $-35.4M).

Uranium Energy Corp is a US-based uranium exploration and mining company specializing in low-cost in-situ recovery uranium extraction operations across North America. It supplies nuclear fuel feedstock to utility firms running nuclear power plants, with core project assets located in Texas, Wyoming and other U.S. states, catering to rising global demand for zero-emission nuclear energy resources.

UR-Energy Inc. is a specialized uranium mining firm that uses low-environmental-impact in-situ recovery extraction technology. It operates assets in the western United States, supplying uranium concentrate to nuclear power utilities across North America and global markets to support clean energy production.

UEC vs URG — Head-to-Head

Bigger by revenue
URG
URG
Infinity× larger
URG
$6.3M
$0
UEC
More free cash flow
URG
URG
$15.0M more FCF
URG
$-20.4M
$-35.4M
UEC

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
UEC
UEC
URG
URG
Revenue
$0
$6.3M
Net Profit
$-10.3M
$-27.5M
Gross Margin
Operating Margin
-313.3%
Net Margin
-434.3%
Revenue YoY
-1.2%
Net Profit YoY
48.7%
-243.2%
EPS (diluted)
$-0.02
$-0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
UEC
UEC
URG
URG
Q4 25
$0
Q3 25
$0
$6.3M
Q2 25
$0
$10.4M
Q1 25
$49.8M
Q4 24
$17.1M
$22.7M
Q3 24
$0
$6.4M
Q2 24
$0
$4.7M
Q1 24
$0
Net Profit
UEC
UEC
URG
URG
Q4 25
$-10.3M
Q3 25
$-27.1M
$-27.5M
Q2 25
$-30.2M
$-21.0M
Q1 25
$-10.2M
Q4 24
$-20.2M
Q3 24
$-15.1M
$-8.0M
Q2 24
$-19.7M
$-6.6M
Q1 24
$-18.5M
Gross Margin
UEC
UEC
URG
URG
Q4 25
Q3 25
Q2 25
18.6%
Q1 25
36.6%
Q4 24
36.6%
Q3 24
12.3%
Q2 24
28.5%
Q1 24
Operating Margin
UEC
UEC
URG
URG
Q4 25
Q3 25
-313.3%
Q2 25
-151.1%
Q1 25
-7.3%
Q4 24
-77.3%
Q3 24
-185.4%
Q2 24
-245.2%
Q1 24
Net Margin
UEC
UEC
URG
URG
Q4 25
Q3 25
-434.3%
Q2 25
-200.8%
Q1 25
-20.6%
Q4 24
-118.0%
Q3 24
-125.0%
Q2 24
-141.5%
Q1 24
EPS (diluted)
UEC
UEC
URG
URG
Q4 25
$-0.02
Q3 25
$-0.06
$-0.07
Q2 25
$-0.07
$-0.06
Q1 25
$-0.02
Q4 24
$-0.05
Q3 24
$-0.04
$-0.02
Q2 24
$-0.05
$-0.02
Q1 24
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
UEC
UEC
URG
URG
Cash + ST InvestmentsLiquidity on hand
$454.7M
$52.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$90.7M
Total Assets
$1.4B
$170.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
UEC
UEC
URG
URG
Q4 25
$454.7M
Q3 25
$148.9M
$52.0M
Q2 25
$71.4M
$57.6M
Q1 25
$61.5M
Q4 24
$190.6M
$76.1M
Q3 24
$87.5M
$118.5M
Q2 24
$87.7M
$61.3M
Q1 24
$53.9M
Stockholders' Equity
UEC
UEC
URG
URG
Q4 25
$1.3B
Q3 25
$983.9M
$90.7M
Q2 25
$892.8M
$102.1M
Q1 25
$877.2M
Q4 24
$824.0M
$132.8M
Q3 24
$778.1M
$152.1M
Q2 24
$778.6M
$92.8M
Q1 24
$76.9M
Total Assets
UEC
UEC
URG
URG
Q4 25
$1.4B
Q3 25
$1.1B
$170.9M
Q2 25
$1.0B
$171.3M
Q1 25
$982.0M
Q4 24
$917.8M
$194.1M
Q3 24
$889.8M
$201.4M
Q2 24
$878.3M
$140.6M
Q1 24
$124.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
UEC
UEC
URG
URG
Operating Cash FlowLast quarter
$-34.3M
$-15.0M
Free Cash FlowOCF − Capex
$-35.4M
$-20.4M
FCF MarginFCF / Revenue
-322.5%
Capex IntensityCapex / Revenue
84.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-92.7M
$-129.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
UEC
UEC
URG
URG
Q4 25
$-34.3M
Q3 25
$-23.5M
$-15.0M
Q2 25
$-20.7M
$-12.1M
Q1 25
$-8.8M
Q4 24
$-11.5M
$-71.9M
Q3 24
$-12.6M
$-6.8M
Q2 24
$-12.5M
$-11.3M
Q1 24
$-14.4M
Free Cash Flow
UEC
UEC
URG
URG
Q4 25
$-35.4M
Q3 25
$-24.4M
$-20.4M
Q2 25
$-22.8M
$-17.2M
Q1 25
$-10.0M
Q4 24
$-12.7M
$-81.0M
Q3 24
$-13.4M
$-10.7M
Q2 24
$-12.7M
$-12.3M
Q1 24
$-15.2M
FCF Margin
UEC
UEC
URG
URG
Q4 25
Q3 25
-322.5%
Q2 25
-164.5%
Q1 25
-20.1%
Q4 24
-74.2%
-357.4%
Q3 24
-167.1%
Q2 24
-263.7%
Q1 24
Capex Intensity
UEC
UEC
URG
URG
Q4 25
Q3 25
84.5%
Q2 25
48.5%
Q1 25
2.4%
Q4 24
7.1%
39.9%
Q3 24
60.1%
Q2 24
21.7%
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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