United States Antimony Reports Q3 2026 Revenue Growth Driven by Defense Contracts
United States Antimony (UAMY) reported third-quarter 2026 revenue of $10.1 million, a 16% increase year-over-year. This growth was primarily driven by the initiation of shipments to the Defense Logistics Agency (DLA), which accounted for $5.1 million in revenue. Despite higher gross profits and improved margins due to lower feedstock costs, the company reported a net loss of $9.5 million, impacted by unrealized losses on equity investments and stock-based compensation. The company is shifting toward a volume-based strategy to offset declining global antimony prices, which fell from approximately $30 per pound to $8 per pound. Management provided optimistic 2026 guidance for both antimony and zeolite sales volumes. While operational delays occurred due to faulty furnace equipment—leading to legal action against a contractor—the company maintains strong liquidity with $51 million in cash and treasury securities.
Topics: antimony sales government contracts net loss revenue growth