Cameco revenue and financials
$132.27Change from previous close: +5.98%Absolute change: +$7.46
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 131 | -22.3 | 677 | 156 | 465 | 110 | 530 | 52.3 | 260 | 63.2 | 201 | 185 |
| Depreciation and amortization | 82.8 | 77.4 | 97.7 | 69.4 | 96.2 | 70.5 | 112 | 81.1 | 71.7 | 51.9 | 59.3 | 64.8 |
| Capital expenditure | -106 | -77.7 | -109 | -92.5 | -74.9 | -56.5 | -64.4 | -60.3 | -46.9 | -40.0 | -43.6 | -43.1 |
| Investing cash flow | -71.8 | -12.7 | -209 | -93.6 | -73.9 | -57.4 | -66.3 | -60.3 | -39.8 | -40.0 | -3,073 | -23.6 |
| Financing cash flow | -22.7 | -4.4 | -126 | -4.2 | -21.5 | -292 | -94.5 | -149 | -174 | -271 | 749 | 6.7 |
| Dividends paid | — | 0.0 | -104 | 0.0 | 0.0 | 0.0 | -69.6 | — | — | — | -52.1 | — |
| Debt issued | — | — | 0.0 | 0.0 | 0.0 | — | — | — | 497 | — | 817 | — |
| Debt repaid | -1.2 | -0.7 | -0.4 | -0.6 | -1.1 | -286 | -0.5 | -138 | -637 | -269 | -0.8 | -0.7 |
| Effect of exchange rates | 1.0 | -0.3 | -6.9 | 4.5 | -15.0 | -0.2 | 34.4 | -7.3 | -8.0 | 4.0 | 21.6 | 45.9 |
| Net change in cash | 37.6 | -39.7 | 336 | 62.4 | 355 | -239 | 403 | -164 | 38.4 | -244 | -2,101 | 214 |
| Free cash flow | 24.5 | -100 | 568 | 63.2 | 390 | 53.7 | 465 | -8.0 | 213 | 23.1 | 158 | 142 |
| Levered free cash flow | -318 | 100 | 226 | 42.1 | 258 | -44.8 | 533 | -15.4 | -12.2 | 51.0 | -10.1 | 194 |