NioCorp Reports Q3 2026 Financial Results and Cash Position

Centennial, Colorado, USA - NioCorp Developments Ltd. (NASDAQ:NB) has announced its preliminary unaudited financial results for the three-month period ended September 30, 2026. The company reported a net income attributable to NioCorp of $3.7 million, or $0.03 per share (basic), compared to a net loss of $42.7 million, or $0.53 per share (basic), for the same period in 2025. As of September 30, 2026, the company held a cash balance of $405.1 million.

The net income for the quarter was primarily driven by non-cash gains of approximately $8.5 million related to earnout shares and warrants classified as liabilities, resulting from a decrease in the company's common share closing price between June 30 and September 30, 2026. Operating cash outflows for the quarter totaled $6.1 million, while investing outflows reached $5.9 million, largely dedicated to ongoing construction of the mine portal at the Elk Creek Critical Minerals Project.

Financial Highlights

• Net income of $3.7 million ($0.03 per share) for Q3 2026.
• Cash balance of $405.1 million as of September 30, 2026.
• Non-cash gains of approximately $8.5 million from liability-classified instruments.
• Operating cash outflows of $6.1 million and investing outflows of $5.9 million.