UROY

MKT CAP:$546M

Uranium Royalty Corp.

Market Cap

$546M

Energy·Uranium·🇨🇦 Canada·NASDAQ

Energy·Uranium·🇨🇦·NASDAQ

Stock Price

$3.63-$0.25 (-6.44%)

Apr 17, 2026

Company Details

Uranium Royalty Corp. operates as a pure-play uranium royalty company. It acquires, accumulates, and manages a portfolio of geographically diversified uranium interests. The company has royalty interests in the McArthur River, Cigar Lake / ...

CEO

Scott Eric Melbye

IPO Date

Apr 28, 2021

Website

www.uraniumroyalty.com

Key Metrics TTM

Revenue

$36M

+67.2% YoY

Net Income

$7M

EPS (Diluted)

$0.06

Free Cash Flow

-$54M

Revenue / Share

$0.25

Gross Margin

28.7%

Operating Margin

19.2%

Net Margin

20.3%

FCF Margin

-152.9%

P/S

15.3x

P/E

75.4x

Earnings Reports

Q3 2026

Mar 10, 2026

$12MEPS $0.01

FY 2025

Jul 16, 2025

$11MEPS -$0.03

Q4 2025

Jul 16, 2025

$3M-61.7%EPS -$0.01

Q4 2024

Apr 29, 2024

$9M-11.7%EPS $0.03

Q3 2024

Jan 30, 2024

$11MEPS $0.02

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 20	$0	$0	-$569.7K
Q1 21	$0	$0	-$199.0K
Q2 21	$0	$0	-$207.0K
Q3 21	$0	$0	-$182.0K
Q2 22	$0	$0	-$1M
Q3 22	$0	$0	-$860.9K
Q4 22	$0	-$1.5K	-$966.8K
Q1 23	$0	-$4.4K	-$1M
Q3 23	$0	-$4.4K	-$1M
Q4 23	$10M	$2M	$1M
Q1 24	$0	-$4.4K	-$1M
Q2 24	$11M	$3M	$876.9K
Q3 24	$11M	$4M	$3M
Q4 24	$9M	$3M	$2M
Q4 25	$3M	$130.1K	-$716.2K
Q3 26	$12M	$3M	$2M

Valuation

Quarter	P/S	P/E
Q3 20	—	—
Q1 21	—	—
Q2 21	—	—
Q3 21	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q3 23	—	—
Q4 23	18.5x	—
Q1 24	22.5x	—
Q2 24	13.0x	286.6x
Q3 24	11.4x	76.1x
Q4 24	8.8x	32.6x
Q4 25	7.1x	29.7x
Q3 26	17.1x	84.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 20	-$492.2K	-$492.2K
Q2 20	-$344.7K	-$344.7K
Q3 20	-$969.3K	-$3M
Q2 22	-$21M	-$21M
Q3 22	-$22M	-$22M
Q4 22	-$7M	-$8M
Q1 23	-$5M	-$5M
Q3 23	-$2M	-$2M
Q4 23	-$1M	-$2M
Q1 24	-$923.7K	-$923.7K
Q2 24	-$12M	-$12M
Q3 24	-$55M	-$55M
Q4 24	-$9M	-$9M
Q4 25	$2M	$2M
Q3 26	$6M	$6M

Capital Expenditures

Quarter	CapEx
Q1 20	$0
Q2 20	$0
Q3 20	$2M
Q2 22	$10.9K
Q3 22	$352
Q4 22	$1M
Q1 23	$0
Q3 23	$101.6K
Q4 23	$1M
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$54.8K
Q4 25	$0
Q3 26	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 20	—	+215.4%
Q1 21	—	-50.6%
Q2 21	—	-30.6%
Q3 21	—	-62.0%
Q2 22	—	+105.6%
Q3 22	—	+332.7%
Q4 22	—	+367.0%
Q1 23	—	+475.9%
Q3 23	—	+25.0%
Q4 23	—	+947.5%
Q1 24	—	+14.4%
Q2 24	—	+884.5%
Q3 24	—	+437.2%
Q4 24	-11.7%	-25.1%
Q4 25	—	+274.6%
Q3 26	+8.9%	-2.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 20	$0	—
Q2 20	$0	—
Q3 20	$0	—
Q2 22	$0	—
Q3 22	$0	—
Q4 22	$0	—
Q1 23	$0	—
Q3 23	$0	—
Q4 23	$57.0K	0.6%
Q1 24	$34.3K	—
Q2 24	$278.4K	2.5%
Q3 24	$135.9K	1.2%
Q4 24	$90.6K	1.0%
Q4 25	$0	0.0%
Q3 26	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q3 20	$569.7K	—	—
Q1 21	$199.0K	—	—
Q2 21	$207.0K	—	—
Q3 21	$174.7K	$3.7K	—
Q2 22	—	—	$1M
Q3 22	—	—	$860.9K
Q4 22	—	—	$965.4K
Q1 23	—	—	$1M
Q3 23	$1M	$103.0K	—
Q4 23	$828.0K	—	—
Q1 24	$833.8K	$267.5K	—
Q2 24	$2M	—	—
Q3 24	$911.3K	—	—
Q4 24	$1M	—	—
Q4 25	$802.4K	—	—
Q3 26	—	—	$917.8K

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$4M	$38M	$42M
Q1 23	$3M	$34M	$37M
Q2 23	$3M	$40M	$43M
Q3 23	$8M	$40M	$47M
Q4 23	$11M	$28M	$39M
Q1 24	$3M	$32M	$34M
Q2 24	$45M	$13M	$58M
Q3 24	$2M	$6M	$8M
Q4 24	$15M	$7M	$22M
Q1 25	$4M	$6M	$10M
Q2 25	$9M	$6M	$15M
Q3 25	$7M	$6M	$13M
Q4 25	$10M	$5M	$15M
Q1 26	$7M	$29M	$36M
Q2 26	$53M	$7M	$60M
Q3 26	$91M	$11M	$102M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 20	61M	-12.3%	-12.3%
Q1 21	72M	+17.7%	+3.2%
Q2 21	72M	0.0%	+3.2%
Q3 21	72M	0.0%	+3.2%
Q2 22	86M	+19.1%	+40.1%
Q3 22	92M	+7.8%	+28.4%
Q4 22	96M	+3.6%	+33.0%
Q1 23	96M	+0.5%	+33.7%
Q3 23	99M	+3.2%	+15.9%
Q4 23	100M	+0.7%	+8.2%
Q1 24	100M	+0.2%	+4.7%
Q2 24	110M	+9.9%	+14.4%
Q3 24	121M	+9.7%	+21.6%
Q4 24	121M	-0.0%	+20.8%
Q4 25	134M	+10.9%	+33.6%
Q3 26	142M	+6.3%	+29.3%

Shares Outstanding