Cameco Corporation (CCJ) Financial Statements

Executive TeamFinancials
Shareholders

Cameco financial statements at a glance

Cameco reported revenue of $3.48 billion for fiscal year 2025 (ended December 31, 2025), up 11.0% from fiscal year 2024. Net income was $589.58 million, a net margin of 16.9%.

At the end of fiscal year 2025 it had total assets of $10.30 billion, total liabilities of $3.40 billion and shareholders' equity of $6.90 billion, with total debt of $996.35 million.

Its operations brought in $1.41 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

CCJ logo

Cameco Corporation

CCJCanada
Energy
USD (Local)

Income Statement

Annual • USD

Revenue
3.48B
Prev Year: 3.14B
YoY: +11.0%
Total Revenue
-
Cost of Revenue
2.51B
Prev Year: 2.35B
YoY: +6.7%
Other Special Charges
-
Gross Profit
970.27M
Prev Year: 782.58M
YoY: +24.0%
SG&A Expenses
311.25M
Prev Year: 253.15M
YoY: +23.0%
Operating Expense
-
R&D Expense
66.10M
Prev Year: 55.96M
YoY: +18.1%
Other Operating Expenses, Total
-28.33M
Prev Year: -37.68M
YoY: +24.8%
Net Non Operating Interest Income Expense
-
Operating Expenses
2.86B
Prev Year: 2.63B
YoY: +9.1%
Pre-tax Income
-
Operating Income
618.14M
Prev Year: 510.11M
YoY: +21.2%
Interest Inc.(Exp.),Net-Non-Op., Total
217.77M
Prev Year: -199.12M
YoY: +209.4%
Net Income Common Stockholders
-
Other, Net
-58.66M
Prev Year: -54.27M
YoY: -8.1%
Diluted NI Available to Com Stockholders
-
Net Income Before Taxes
777.26M
Prev Year: 256.72M
YoY: +202.8%
Basic EPS
-
Provision for Income Taxes
187.72M
Prev Year: 84.87M
YoY: +121.2%
Diluted EPS
-
Net Income After Taxes
589.54M
Prev Year: 171.84M
YoY: +243.1%
Weighted Average Shares (basic)
-
Net Income Before Extra. Items
589.58M
Prev Year: 171.85M
YoY: +243.1%
Weighted Average Shares (diluted)
-
Net Income
589.58M
Prev Year: 171.85M
YoY: +243.1%
Total Expenses
-
Income Available to Com Excl ExtraOrd
589.58M
Prev Year: 171.85M
YoY: +243.1%
Net Income from Continuing and Discontinued Operation
-
Income Available to Com Incl ExtraOrd
589.58M
Prev Year: 171.85M
YoY: +243.1%
Normalized Income
-
Diluted Net Income
589.58M
Prev Year: 171.85M
YoY: +243.1%
Interest Income
-
Diluted Weighted Average Shares
435.58M
Prev Year: 435.96M
YoY: -0.1%
Interest Expense
-
Diluted EPS Excluding ExtraOrd Items
1.354
Prev Year: 0.394
YoY: +243.4%
Net Interest Income
-
DPS - Common Stock Primary Issue
0.24
Prev Year: 0.16
YoY: +50.0%
EBIT
-
Diluted Normalized EPS
1.359
Prev Year: 0.44
YoY: +208.6%
EBITDA
-
Unusual Expense (Income)
3.12M
Prev Year: 1.04M
YoY: +199.1%
Reconciled Cost of Revenue
-
Minority Interest
35.0K
Prev Year: 11.0K
YoY: +218.2%
Reconciled Depreciation
-
Values in USD

Cameco key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$3.5B$3.1B$2.6B$1.9B1.5B CAD
Gross profit$970.3M$782.6M$561.7M$233.3M1.9M CAD
Operating income$618.1M$510.1M$282.9M$37.9M-111.2M CAD
Net income$589.6M$171.9M$360.8M$89.4M-102.6M CAD
Diluted EPS––––-0.26 CAD
Total assets$10.3B$9.9B$9.9B$8.6B7.5B CAD
Total liabilities$3.4B$3.5B$3.8B$2.8B2.7B CAD
Shareholders' equity$6.9B$6.4B$6.1B$5.8B4.8B CAD
Cash––––1.2B CAD
Total debt$996.3M$1.3B$1.8B$997.0M996.3M CAD
Operating cash flow$1.4B$905.3M$688.1M$304.6M458.3M CAD
Capital spending––––98.8M CAD
Free cash flow––––359.5M CAD

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Cameco's revenue in fiscal year 2025?

$3.48 billion, up 11.0% from $3.14 billion in fiscal year 2024.

How much profit does Cameco make?

Cameco reported net income of $589.58 million for fiscal year 2025 (16.9% of revenue); operating income was $618.14 million.

How much cash and debt does Cameco have?

At the end of fiscal year 2025: total debt of $996.35 million.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
LinkedInLinkedInXXYouTubeYouTube