Company: LEU
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-049844
Chunk: 156

Company: CENTRUS ENERGY CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 156
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 evaluation of performance of each segment. Sales between segments are recorded as if the sales were to third parties, that is, at contractual or market prices at the time of the sale. Such intercompany operating income is eliminated in consolidation, so that the Company’s total sales and total operating income reflect only those transactions with external customers. Refer to Note 2, Revenue and Contracts with Customers, for additional details on revenue for each segment. The following table presents the Company’s segment information (in millions):

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 Three Months Ended  September 30, 2025Nine Months Ended  September 30, 20252025202420252024RevenueLEU segment:Separative work units$10.7 $34.8 $187.7 $198.1 Uranium34.1 — 34.1 29.9 Intersegment revenue, eliminated on consolidation6.3 — 12.4 — Total51.1 34.8 234.2 228.0 Technical Solutions segment30.1 22.9 80.7 62.4 Total81.2 57.7 $314.9 $290.4 Elimination of intersegment revenue(6.3)— (12.4)— Total revenue$74.9 $57.7 $302.5 $290.4 Cost of SalesLEU segment:Separative work units and uranium$52.6 $29.6 $147.7 $189.3 Intersegment cost of sales, eliminated on consolidation6.4 — 10.7 — Total59.0 29.6 158.4 189.3 Technical Solutions segment26.6 19.2 72.3 51.4 Total85.6 48.8 230.7 240.7 Elimination of intersegment cost of sales(6.4)— (10.7)— Total cost of sales$79.2 $48.8 $220.0 $240.7 Segment Gross Profit (Loss)LEU segment:LEU segment$(7.8)$5.2 $74.1 $38.7 Intersegment gross profit (loss), eliminated on consolidation(0.1)— 1.7 — Total(7.9)5.2 75.8 38.