NexGen Energy Ltd. (NXE) Financial Statements & Historical Data

NexGen Energy Ltd. (NXE) — Price $9.07 — Energy — Uranium — NYSE

Latest reported results:

Detailed financial statements for NexGen Energy Ltd. (NXE): income statement, balance sheet and cash-flow summary. Track margins, debt, liquidity and profitability trends year over year: ten fiscal years free and up to 20 with Premium.

NexGen Energy Ltd. is a Canadian company primarily engaged in the discovery, evaluation, and subsequent development of uranium deposits. Its most significant holding is the Rook I project, which encompasses 32 adjacent mineral claims spanning a total area of 35,065 hectares within Saskatchewan's southwestern Athabasca Basin. The company's corporate offices are situated in Vancouver, Canada.

Analysis Summary

Trailing-twelve-month margins: gross margin 0.0%, operating margin 0.0%, net margin 0.0%.

At the current price of $9.07, NXE has negative trailing earnings (P/E not meaningful) and an ROE of -16.12%. Market capitalisation stands at $6.0B.

Balance sheet quality for NXE: current ratio of 1.8, net cash position of 536.3M CAD. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Income Statement (10y)

Year2016201720182019202020212022202320242025
Revenue0000000000
Cost of Revenue626,964 CAD758,063 CAD1.5M CAD1.8M CAD1.8M CAD00002.2M CAD
Gross Profit-627,000 CAD-758,000 CAD-1.5M CAD-1.8M CAD-1.8M CAD0000-2.2M CAD
Research & Development0000000000
Selling, General & Admin13.8M CAD17.0M CAD24.4M CAD17.9M CAD16.7M CAD49.0M CAD58.0M CAD82.9M CAD76.0M CAD87.6M CAD
Operating Expenses17.5M CAD56.9M CAD-1.2M CAD17.9M CAD16.7M CAD51.2M CAD59.8M CAD84.7M CAD76.0M CAD87.6M CAD
Operating Income-17.5M CAD-46.8M CAD1.2M CAD-19.7M CAD-18.5M CAD-51.2M CAD-59.8M CAD-84.7M CAD-76.0M CAD-89.8M CAD
EBITDA-13.9M CAD-17.2M CAD-24.6M CAD-927,471 CAD-76.8M CAD-119.7M CAD-57.1M CAD76.8M CAD-76.8M CAD-246.4M CAD
Interest Expense3.5M CAD8.7M CAD12.0M CAD12.0M CAD13.6M CAD4.0M CAD2.4M CAD6.3M CAD32.6M CAD46.7M CAD
Pre-tax Income-17.2M CAD-56.9M CAD1.2M CAD-12.0M CAD-89.3M CAD-125.8M CAD-61.3M CAD68.8M CAD-82.1M CAD-295.3M CAD
Income Tax290,028 CAD-33,312 CAD-309,000 CAD718,938 CAD551,277 CAD1.1M CAD-1.0M CAD-1.4M CAD-4.6M CAD14.1M CAD
Net Income-16.9M CAD-56.0M CAD2.3M CAD-12.0M CAD-86.2M CAD-119.1M CAD-56.6M CAD80.8M CAD-77.6M CAD-309.4M CAD
EPS$-0.06$-0.17$0.01$-0.05$-0.30$-0.26$-0.12$0.16$-0.14$-0.52
EPS (Diluted)$-0.06$-0.17$0.01$-0.04$-0.30$-0.26$-0.12$0.15$-0.14$-0.52
Shares Outstanding (Diluted)300.3M CAD321.9M CAD394.0M CAD402.7M CAD370.5M CAD459.3M CAD479.7M CAD529.2M CAD554.8M CAD588.4M CAD

Income Statement (Quarterly)

Year2025-Q32025-Q42026-Q12026-Q2
Revenue0000
Gross Profit0-563,539 CAD-429,105 CAD0
Operating Income-21.4M CAD-36.6M CAD-24.6M CAD-27.3M CAD
EBITDA-115.1M CAD-31.3M CAD-145.1M CAD81.8M CAD
Net Income-129.2M CAD-42.8M CAD-156.4M CAD74.5M CAD
EPS$-0.23$-0.07$-0.24$0.11
EPS (Diluted)$-0.23$-0.07$-0.24$0.11

Balance Sheet (10y)

Year2016201720182019202020212022202320242025
Cash & Equivalents31.1M CAD164.9M CAD125.1M CAD52.1M CAD74.0M CAD201.8M CAD134.4M CAD290.7M CAD476.6M CAD801.9M CAD
Short-term Investments47.5M CAD00009.3M CAD5.8M CAD00320.8M CAD
Receivables807,447 CAD548,069 CAD0610,121 CAD304,000 CAD1.2M CAD1.8M CAD2.5M CAD2.2M CAD2.7M CAD
Inventory0000000000
Total Current Assets79.4M CAD165.7M CAD125.7M CAD53.5M CAD75.0M CAD213.3M CAD144.2M CAD307.0M CAD493.2M CAD1.15B CAD
Property, Plant & Equipment113.0M CAD157.4M CAD200.6M CAD260.0M CAD282.3M CAD333.2M CAD410.3M CAD456.8M CAD590.2M CAD7.6M CAD
Goodwill0000000000
Intangible Assets158 CAD143 CAD334 CAD0000000
Total Assets192.5M CAD323.1M CAD326.9M CAD313.5M CAD357.4M CAD546.6M CAD554.6M CAD1.01B CAD1.66B CAD2.47B CAD
Accounts Payable1,865 CAD1,661 CAD3,842 CAD0000021.4M CAD40.3M CAD
Short-term Debt00000080.0M CAD158.5M CAD455.8M CAD586.4M CAD
Total Current Liabilities2.4M CAD3.0M CAD6.5M CAD4.8M CAD7.3M CAD8.2M CAD96.6M CAD186.4M CAD478.1M CAD629.9M CAD
Long-term Debt70.8M CAD171.4M CAD138.2M CAD119.6M CAD226.9M CAD72.0M CAD80.0M CAD158.5M CAD00
Total Liabilities73.5M CAD174.7M CAD144.9M CAD127.2M CAD238.1M CAD85.2M CAD99.1M CAD187.4M CAD478.2M CAD640.3M CAD
Retained Earnings-32.7M CAD-88.0M CAD-85.1M CAD-103.5M CAD-212.3M CAD-333.0M CAD-389.9M CAD-304.0M CAD-381.6M CAD-690.7M CAD
Total Equity110.0M CAD136.3M CAD165.3M CAD161.8M CAD94.3M CAD433.6M CAD417.9M CAD820.0M CAD1.18B CAD1.83B CAD
Total Debt70.8M CAD171.4M CAD138.2M CAD122.2M CAD230.9M CAD75.2M CAD162.5M CAD318.9M CAD456.8M CAD586.4M CAD
Net Debt-7.7M CAD6.4M CAD13.1M CAD70.1M CAD156.9M CAD-135.9M CAD22.3M CAD28.2M CAD-19.8M CAD-536.3M CAD
Working Capital77.0M CAD162.6M CAD119.2M CAD48.7M CAD67.7M CAD205.1M CAD47.6M CAD120.6M CAD15.1M CAD516.8M CAD

Balance Sheet (Quarterly)

Year2025-Q32025-Q42026-Q12026-Q2
Cash & Equivalents306.0M CAD801.9M CAD657.1M CAD756.2M CAD
Total Assets1.57B CAD2.47B CAD2.47B CAD2.53B CAD
Total Liabilities647.4M CAD640.3M CAD770.0M CAD684.0M CAD
Total Equity918.8M CAD1.83B CAD1.70B CAD1.84B CAD
Total Debt592.7M CAD586.4M CAD716.5M CAD613.1M CAD

Cash Flow (10y)

Year2016201720182019202020212022202320242025
Net Income-17.5M CAD-56.8M CAD1.5M CAD-16.5M CAD-114.5M CAD-126.9M CAD-60.3M CAD70.2M CAD-77.6M CAD-309.4M CAD
Depreciation & Amortization626,964 CAD758,063 CAD1.5M CAD2.4M CAD2.3M CAD2.1M CAD1.8M CAD1.8M CAD2.3M CAD2.2M CAD
Stock-based Compensation8.1M CAD9.2M CAD13.7M CAD10.9M CAD9.7M CAD31.4M CAD35.1M CAD37.1M CAD29.5M CAD0
Change in Working Capital265,919 CAD-253,296 CAD-340,538 CAD-1.7M CAD195,000 CAD-51,000 CAD-143,000 CAD-12.7M CAD-6.1M CAD-12.8M CAD
Operating Cash Flow-8.0M CAD-11.1M CAD-8.5M CAD-12.8M CAD-10.6M CAD-16.8M CAD-20.2M CAD-52.6M CAD-24.1M CAD-77.2M CAD
Capital Expenditure-44.0M CAD-37.8M CAD-37.8M CAD-57.7M CAD-18.2M CAD-46.9M CAD-354,000 CAD-115.8M CAD-130.7M CAD-504,588 CAD
Acquisitions00000192,000 CAD0-42.3M CAD00
Stock Repurchased0000000000
Dividends Paid0000000000
Free Cash Flow-52.1M CAD-49.0M CAD-46.2M CAD-70.5M CAD-28.9M CAD-63.7M CAD-20.5M CAD-168.4M CAD-154.8M CAD-77.7M CAD

Cash Flow (Quarterly)

Year2025-Q32025-Q42026-Q12026-Q2
Operating Cash Flow-10.4M CAD-39.9M CAD-10.5M CAD-10.0M CAD
Capital Expenditure-66.1M CAD-164,865 CAD-29.4M CAD-74.1M CAD
Free Cash Flow-76.5M CAD-40.1M CAD-39.9M CAD-84.1M CAD
Dividends Paid0000
Stock-based Compensation11.1M CAD008.3M CAD

Growth & Margins (10y)

Year2016201720182019202020212022202320242025
Net Income Growth (YoY)-231.7%+104.1%-627.6%-619.7%-38.1%+52.5%+242.8%-196.0%-299.0%
EPS Growth (YoY)-202.0%+103.4%-905.2%-542.4%+13.3%+53.8%+233.3%-187.5%-271.4%
Shares Change (YoY)+7.2%+22.4%+2.2%-8.0%+24.0%+4.4%+10.3%+4.8%+6.1%
FCF Growth (YoY)+5.9%+5.6%-52.5%+59.0%-120.6%+67.8%-720.4%+8.1%+49.8%
Effective Tax Rate-1.7%0.1%-26.1%-6.0%-0.6%-0.9%1.7%-2.1%5.6%-4.8%

Per-Share Data (10y)

Year2016201720182019202020212022202320242025
FCF Per Share$-0.17$-0.15$-0.12$-0.18$-0.08$-0.14$-0.04$-0.32$-0.28$-0.13
Dividends Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Shares Outstanding (Basic)300.3M CAD321.9M CAD394.0M CAD354.6M CAD366.1M CAD459.3M CAD471.6M CAD505.1M CAD554.0M CAD588.4M CAD

What to look at in Energy companies

Profitability

Return on Equity-16.12%
Return on Invested Capital-4.45%
Return on Assets-10.03%
Gross Margin0.00%
Operating Margin0.00%
Net Margin0.00%

Financial Health

Debt / Equity0.33
Current Ratio1.46
Piotroski F-Score2
Altman Z-Score6.70

Key Ratios (10y)

Year2016201720182019202020212022202320242025
P/E-41.07-20.13418.79-35.56-11.74-21.25-49.9957.92-67.80-24.28
P/B6.318.085.793.6413.685.856.775.714.464.06
P/S0.000.000.000.000.000.000.000.000.000.00
Gross Margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Operating Margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net Margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Related companies: CHRD · CNX · FRO · LEU · NOV · SOBO · UEC

Explore sector: Energy · Uranium

More sections of NXE: Overview · Valuation · Statistics · Estimates · Technical · Ownership · News · Events

Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Investment Academy — learn to analyze stocks