Denison Mines Corp. (DNN) Income Statement
DNN 2025 at a glance
Fiscal year ended December 31, 2025 · Canadian dollarsDNN revenue and net income
Where DNN's revenue goes
2025Each bar shows an amount and its share of revenue. DNN kept −4,418.2% of revenue as net income.
DNN profit margins
DNN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +22.2% | −18.2% | −19.4% | −12.0% |
| Gross profit | — | +8.3% | +3.8% | +25.8% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DNN income statement in Canadian dollars
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$4.9M | C$4.0M | C$1.9M | C$9.0M | C$20.0M | C$14.4M | C$15.5M | C$15.6M | C$13.9M | C$18.6M |
| Cost of revenue | C$85.8M | C$4.8M | C$3.7M | C$5.1M | C$12.6M | C$10.3M | C$14.2M | C$15.8M | C$13.2M | C$14.1M |
| Gross profit | C$4.9M | −C$792,000 | −C$1.9M | C$3.9M | C$7.4M | C$4.1M | C$1.3M | −C$209,000 | C$773,362 | C$4.5M |
| Research & development | — | — | — | — | — | — | C$0 | C$0 | C$0 | C$0 |
| Sales, general & admin | C$19.6M | C$16.5M | C$13.9M | C$12.6M | C$9.7M | C$7.6M | C$7.8M | C$7.2M | C$7.4M | C$5.9M |
| Total operating expenses | C$90.9M | C$62.5M | C$47.0M | C$40.4M | C$30.7M | C$4.1M | C$25.5M | C$24.2M | C$24.9M | C$21.3M |
| Operating income | −C$86.0M | −C$63.3M | −C$48.9M | −C$36.5M | −C$23.3M | −C$14.2M | −C$24.1M | −C$24.4M | −C$21.8M | −C$17.9M |
| Interest income | C$8.4M | C$7.7M | C$2.9M | C$1.5M | C$127,000 | C$291,000 | C$83,000 | C$1.3M | C$447,000 | C$819,928 |
| Interest expense | C$15.2M | C$108,000 | C$52,000 | C$60,000 | C$3.2M | C$3.2M | C$3.4M | C$3.4M | C$77,965 | C$114,248 |
| Income before taxes | −C$223.9M | −C$91.8M | C$87.0M | C$10.3M | C$17.0M | −C$17.1M | −C$23.5M | −C$38.4M | −C$22.3M | −C$21.0M |
| Income taxes | −C$6.6M | −C$236,000 | −C$2.3M | −C$2.3M | −C$2.0M | −C$860,000 | −C$5.4M | −C$8.3M | −C$4.6M | −C$5.3M |
| Net income | −C$217.3M | −C$91.1M | C$90.4M | C$14.4M | C$19.0M | −C$16.3M | −C$18.1M | −C$30.1M | −C$17.8M | −C$23.3M |
| EBITDA | −C$190.9M | −C$81.8M | C$96.5M | C$19.0M | C$27.5M | −C$6.8M | −C$11.4M | −C$26.4M | −C$16.1M | −C$15.5M |
| Gross margin | 100.0% | −19.7% | −100.0% | 43.1% | 36.9% | 28.3% | 8.5% | −1.3% | 5.5% | 24.2% |
| Operating margin | −1,748.4% | −1,574.0% | −2,636.1% | −406.9% | −116.7% | −98.6% | −155.3% | −156.7% | −156.0% | −96.2% |
| Net margin | −4,418.2% | −2,265.0% | 4,872.0% | 160.0% | 94.9% | −112.9% | −116.7% | −193.4% | −127.8% | −125.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$720,310 | C$1.1M | C$1.2M | C$1.0M | C$1.3M | C$1.4M | C$1.2M | C$695,000 | C$1.3M | C$832,000 | C$0 | C$777,000 |
| Cost of revenue | C$15.4M | C$1.5M | C$18.2M | C$1.2M | C$1.4M | C$1.2M | C$1.2M | C$1.0M | C$12.7M | C$1.2M | −C$4.2M | C$797,000 |
| Gross profit | −C$14.7M | −C$353,000 | C$1.2M | −C$164,000 | −C$110,000 | C$152,000 | −C$28,000 | −C$335,000 | −C$11.3M | −C$388,000 | −C$1.3M | −C$20,000 |
| Sales, general & admin | C$6.6M | C$5.8M | C$6.6M | C$3.7M | C$4.6M | C$4.7M | C$5.6M | C$3.6M | C$3.7M | C$3.6M | C$4.3M | C$3.0M |
| Total operating expenses | C$3.5M | C$22.4M | C$24.2M | C$21.9M | C$18.7M | C$22.3M | C$19.2M | C$15.4M | C$1.4M | C$15.2M | C$17.0M | −C$20,000 |
| Operating income | −C$18.1M | −C$22.8M | −C$23.0M | −C$22.1M | −C$18.8M | −C$22.1M | −C$19.3M | −C$15.8M | −C$12.7M | −C$15.6M | −C$18.3M | −C$7.9M |
| Interest income | C$3.2M | C$3.5M | C$3.3M | C$2.8M | C$941,000 | C$1.3M | C$1.5M | C$1.9M | C$2.1M | C$2.1M | C$1.9M | C$741,000 |
| Interest expense | C$8.7M | C$10.9M | C$10.2M | C$5.0M | C$773,000 | C$680,000 | C$103,000 | C$2,000 | C$769,000 | C$824,000 | C$1.9M | C$2,000 |
| Income before taxes | C$25.6M | −C$119.6M | −C$51.4M | −C$135.4M | C$12.4M | −C$49.6M | −C$29.5M | −C$25.9M | −C$16.5M | −C$19.9M | C$32.8M | C$56.9M |
| Income taxes | −C$20,008 | −C$4.7M | −C$104,000 | −C$421,000 | −C$83,000 | −C$6.0M | C$3,000 | −C$166,000 | −C$45,000 | −C$28,000 | −C$648,000 | −C$1.0M |
| Net income | C$25.6M | −C$114.9M | −C$51.3M | −C$135.0M | C$12.5M | −C$43.5M | −C$29.5M | −C$25.8M | −C$16.0M | −C$19.9M | C$34.5M | C$58.2M |
| EBITDA | −C$9.9M | −C$103.0M | −C$34.1M | −C$124.9M | C$15.9M | −C$46.4M | −C$27.0M | −C$23.6M | −C$13.8M | −C$16.5M | C$32.6M | C$58.9M |
| Gross margin | −2,037.8% | −31.9% | 100.0% | −15.7% | −8.6% | 11.1% | −2.4% | −48.2% | −854.6% | −46.6% | — | −2.6% |
| Operating margin | −2,517.5% | −2,060.8% | −1,878.8% | −2,115.1% | −1,472.6% | −1,609.9% | −1,647.3% | −2,269.5% | −959.1% | −1,870.1% | — | −1,014.5% |
| Net margin | 3,550.4% | −10,386.9% | −4,197.0% | −12,915.3% | 979.5% | −3,166.1% | −2,521.5% | −3,707.5% | −1,204.4% | −2,389.4% | — | 7,495.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported in DNN's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DNN financial results
In fiscal year 2025 (ended December 31, 2025), Denison Mines reported revenue of C$4.9 million, up 22.2% from the year before. It had a net loss of C$217.3 million, a net profit margin of −4,418.2%. Over five years revenue grew at an average rate of −19.4% a year. Figures are in Canadian dollars, the currency of its financial statements.
See the DNN stock overview for the latest quote and news, or the DNN chart for price history and technical indicators.
DNN income statement FAQ
What is Denison Mines's annual revenue?
Denison Mines reported total revenue of C$4.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 22.2% from C$4.0 million the previous year.
Is Denison Mines profitable?
No. Denison Mines reported a net loss of C$217.3 million in fiscal 2025, a net profit margin of −4,418.2%; its operating margin was −1,748.4%.
What is Denison Mines's gross margin?
Denison Mines's gross margin was 100.0% in fiscal 2025: for every $100 of revenue, Denison Mines kept $100 after the direct cost of its products and services.
How fast is Denison Mines growing?
Revenue grew −19.4% a year on average over the last five fiscal years, from C$14.4 million to C$4.9 million.
When will Denison Mines report its next earnings?
Denison Mines is expected to report results for the quarter ending September 30, 2026 on November 5, 2026.
When does Denison Mines's fiscal year end?
Denison Mines's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.