NioCorp reports preliminary $3.7 million net income for quarter ended Sept. 30
NioCorp said preliminary, unaudited results for the three months ended September 30, 2026 show net income attributable to the company of $3.7 million, or $0.03 per share, compared with a net loss of $42.7 million, or $0.53 per share, a year earlier. The company said the profit mainly reflects non-cash gains of about $8.5 million on liability-classified earnout shares and warrants, driven by a lower share price, and that its cash balance was $405.1 million at September 30, 2026.
Key points
- Net income attributable to NioCorp of $3.7 million ($0.03 per share, basic) versus a net loss of $42.7 million ($0.53 per share) in the prior-year quarter
- Non-cash gains of about $8.5 million on earnout shares and warrants classified as liabilities drove the result
- Operating cash outflows of $6.1 million and investing outflows of $5.9 million in the quarter
- Full unaudited quarterly financials are due in the Form 10-Q on or before November 16, 2026
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 16, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.