Lightbridge Corporation

Lightbridge Corporation

LTBR
Lightbridge CorporationUS flagNASDAQ Capital Market
6.39
USD
+0.11
- -
224.59MMarket Cap
Lightbridge Corporation
LTBR
(NASDAQ Capital Market)

Recent

price

6.39

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
40.88
30.82
17.67
8.77
5.08
3
1.93
0.2
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
-40.76
-28.45
-19.49
-21.16
-14.18
-14.21
-17.78
-8.5
-8.54
-3.66
-3.59
-1.71
-0.69
-0.65
-0.81
-0.8
-0.78
Basic EPS, GAAP
-13.46
-20.41
-24.58
-18.52
-17.27
-12.39
-15.7
-6
-3.44
-2.22
-2.08
-1.57
-0.62
-0.54
-0.66
-0.58
-0.57
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
63.78
42.67
27.58
13.83
2.54
-4.83
9.38
5.46
9.44
5.9
2.62
2.54
2.45
2.11
2.16
6.48
7.26
Book Value per Share
61.95
40.08
24.71
11.04
-0.22
-7.89
7.42
4.17
8.87
5.55
2.61
2.53
2.44
2.1
2.15
6.48
7.26
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
1
2
3
4
7
11
12
14
25
30
Basic Weighted Avg Shares
8
6
4
2
1
1
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
-100.7
-99.56
-122.23
-255.26
-367.55
-726.85
-1,003.83
-3,760.5
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-8
-6
-4
-5
-4
-4
-6
-7
-16
-11
-14
-8
-7
-8
-12
-20
-23
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-99.69
-92.33
-110.32
-241.26
-278.91
-474.25
-834.26
-4,049.62
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
13
8
5
4
5
- -
3
4
24
18
17
25
29
28
40
202
236
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
13
9
6
3
1
-1
6
6
26
19
17
25
29
29
41
203
239
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-83.58
-53.45
-55.59
-99.42
-172.54
- -
- -
-130.07
-119.71
-50.49
-83.25
-57.32
-27.82
-27.26
-33.95
-16.08
-13.91
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
31
33
33
Market Capitalization
396
349
289

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
203
217
238
Cash, Cash Equivalents & STI
202
216
237
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
1
2
Payables & Accruals
1
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
34.56%
100.37%
400.85%
Free Cash Flow
19.23%
15.95%
50.43%
Net Income, GAAP
25.34%
14.14%
66.12%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.21
-0.17
-0.19
- -
-0.81
2025
-0.24
-0.16
-0.16
- -
-0.8
2026
-0.2
-0.18
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Lightbridge Corporation develops advanced nuclear fuel technology focused on next-generation metallic fuel rods designed to enhance the safety, economics, and proliferation resistance of light water reactors (LWRs) and pressurized heavy water reactors (PHWRs). Its core offerings include Lightbridge Fuel™, proprietary enriched uranium-zirconium alloy fuel rods, and technologies targeting fuel applications in existing reactors as well as new small modular reactors (SMRs), supporting load-following capabilities with renewables on a zero-carbon electric grid. The company provides advanced manufacturing and fuel fabrication solutions, with activities that include co-extrusion of metal fuel rods, irradiation testing, and quality control processes primarily conducted in collaboration with Idaho National Laboratory and the U.S. Department of Energy. Recent strategic developments include the start of irradiation testing of enriched uranium-zirconium alloy fuel samples in the Advanced Test Reactor at Idaho National Laboratory under a Cooperative Research and Development Agreement (CRADA). Lightbridge reported co-extrusion of an eight-foot demonstration rod and advanced fabrication of enriched fuel samples ready for commercial application. It has strengthened partnerships with Oklo Inc., a developer of advanced microreactors, aiming to co-locate fuel fabrication and recycling facilities to streamline production and reduce costs. In addition, the company advanced patent protection efforts, receiving a Notice of Allowance from the Eurasian Patent Office for its multi-zone nuclear fuel rod design. Financially, Lightbridge improved its liquidity position through substantial capital raises, holding approximately $153 million in cash and equivalents as of Q3 2025, while investing in R&D and operational expansion. Founded in 1996 and headquartered in Reston, Virginia, Lightbridge operates primarily in the nuclear energy and advanced fuel technology industries. The company targets nuclear utilities, reactor manufacturers, and government energy programs in the U.S. and internationally. Its business model centers on licensing and commercializing its proprietary nuclear fuel technology to enhance reactor performance, safety margins, and cost-effectiveness, thereby contributing to global clean energy and energy security objectives. In summary, Lightbridge Corporation is a leading innovator in advanced metallic nuclear fuel technology with ongoing operational progress, robust strategic partnerships, and expanding intellectual property assets, positioning it at the forefront of the clean energy transition and next-generation reactor fuel supply chains.

Company News

  • Lightbridge CEO Seth Grae to Speak at Nuclear and Power Industry Events in Zurich and New York in September

  • Lightbridge Secures Access to Idaho National Laboratory's Advanced Test Reactor Loop Facility to Irradiate Clad Lightbridge Fuel™ Rodlets Under Prototypic Commercial Reactor Conditions

  • Lightbridge Letter to Shareholders Outlines Expedited Pathway to Bring Lightbridge Fuel™ to Commercial Reactors

  • Lightbridge Corporation Pays Tribute to Ambassador Thomas Graham Jr., Former Executive Chairman of the Board

  • Lightbridge Receives Notice of Allowance on New Japanese Patent Covering Multi-Zone Fuel Element and 3D Printing Method

  • Nuclear Energy Scaling Up Through New Federal Projects

  • Lightbridge Selected for U.S. Department of Energy Launch Pad INL Program to Advance Commercialization of Lightbridge Fuel™

  • Unlocking $50 Billion Across the Nuclear Value Chain

  • Lightbridge to Participate in Upcoming Investor Conferences and Events

  • Lightbridge Corporation (LTBR) Q2 2026 Earnings Call Transcript

  • Lightbridge Q2 Earnings Call Highlights

  • Lightbridge Provides Business Update and Announces First Half Fiscal 2026 Financial Results

  • Lightbridge to Hold Business Update & First Half Fiscal 2026 Earnings Conference Call on Thursday, August 6 at 4 p.m. ET

  • Lightbridge Corporation Added to the Solactive Global Uranium & Nuclear Components Total Return Index, the Benchmark Tracked by the Global X Uranium ETF (URA)

  • Lightbridge Corporation and Quadrant Nuclear Industries Announce Memorandum of Understanding to Advance Domestic HALEU Fuel Supply

  • The Consortium Fueling the Nuclear Renaissance

  • Initial Lightbridge Fuel™ Material Samples Removed from Idaho National Laboratory's Advanced Test Reactor

  • Lightbridge Participates in Launch of UPRISE Nuclear Power Uprate Event at the White House

  • Lightbridge to Participate in Upcoming Investor and Nuclear Industry Events

  • Lightbridge to Participate in Upcoming Investor and Nuclear Industry Events