Cameco revenue and financials
Secondary listing. The primary listing is Cameco · TSX (CAD)
$93.02Change from previous close: +6.35%Absolute change: +$5.55
In the fiscal year ended December 2025, Cameco reported revenue of $3.48B (+11.04% year over year). Net income was $589.58M, a net margin of 16.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +11.04%
- 2025 vs 2024
- Net income growth
- +243.07%
- 2025 vs 2024
- Net margin
- 16.9%
- 2024: 5.5%
Financial data
Amounts in millions of CAD; per-share values in CAD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,408 | 905 | 688 | 305 | 458 | 56.9 | 527 | 668 | 596 | 312 |
| Depreciation and amortization | 293 | 281 | 220 | 177 | 190 | 209 | 276 | 328 | 330 | 372 |
| Capital expenditure | -333 | -212 | -154 | -143 | -98.8 | -77.5 | -75.2 | -55.4 | -114 | -217 |
| Investing cash flow | -434 | -206 | -2,045 | -1,291 | -80.3 | — | — | — | — | — |
| Financing cash flow | -443 | -688 | 749 | 869 | -46.8 | — | — | — | — | — |
| Dividends paid | -104 | -69.6 | -52.1 | -51.9 | -31.8 | -31.6 | -31.6 | -71.2 | -158 | -158 |
| Debt issued | 0.0 | 497 | 817 | 0.0 | — | — | — | — | — | — |
| Debt repaid | -288 | -1,044 | -2.4 | -2.9 | — | — | — | — | — | — |
| Effect of exchange rates | -17.6 | 23.2 | 31.0 | 13.2 | -2.2 | — | — | — | — | — |
| Net change in cash | 514 | 33.7 | -577 | -104 | 329 | — | — | — | — | — |
| Free cash flow | 1,075 | 694 | 535 | 161 | 360 | — | — | — | — | — |
| Levered free cash flow | 480 | 557 | 187 | -23.5 | 369 | — | — | — | — | — |