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US equity markets/AI Value chain/CCJ

Cameco Corporation

CCJ·NYSE·USD

82.41+3.34 (+4.22%)

Regular-session close2026-10-27, 16:00 ET·Definitions

Price history1996-03-14 — 2026-10-23Valid trading days: 7,703 · Available range · History update delayed

Operating history2016-12-31 — 2025-12-319 historical metrics · 10 workpaper periods

Coverage limitations

Daily history updates are delayed. Available history through 2026-10-23 remains visible; a current quote does not establish that daily history has been updated.

Requests to the historical-data source are rate limited, delaying daily-price updates. Existing verified periods are retained; trading days not yet retrieved are not fabricated.

The history starts with the provider’s first actual observation; this starting point is not a verified initial listing date.

The earliest available price is not proof of the listing date. Coverage since listing remains unverified.

Security basis: The current security identity has been checked. Continuity with earlier issuers has not been independently verified; listing-date coverage is shown separately. Historical closes use the provider's split adjustments and exclude dividend distributions. Full-history adjustment factors have not been independently recalculated. Price changes do not represent total returns including dividends.

Original verification records

first-provider-observation-listing-date-not-verified

History update reason: source-rate-limited-until 2026-10-28T04:39:08.620Z

Current ticker/issuer checked across available sources. Earlier issuer continuity and first listing date are not independently established; provider first observation is not an IPO claim.

View sources and versions ↗

Public financial analysis · Annual

Compare growth, earnings, cash flow and capital investment for aligned reporting periods to examine company-wide financial drivers. Calculation inputs and original filings remain available.

Coverage and applicability

2016-12-31 — 2025-12-31 · Valid observations: 85. These observations analyze public financial data; they are not a standalone sector research report, score or price target. Company-wide figures do not replace segment, product or contract disclosures.

Days sales outstanding (average balance): Applicable definitions of trade receivables, inventory and purchase costs have not been established for this business. A manufacturing cash-conversion cycle is therefore not applied.
Days inventory outstanding (average balance): Applicable definitions of trade receivables, inventory and purchase costs have not been established for this business. A manufacturing cash-conversion cycle is therefore not applied.
Days payable outstanding (average balance): Applicable definitions of trade receivables, inventory and purchase costs have not been established for this business. A manufacturing cash-conversion cycle is therefore not applied.
Cash conversion cycle (average balances): Applicable definitions of trade receivables, inventory and purchase costs have not been established for this business. A manufacturing cash-conversion cycle is therefore not applied.
Cash purchases of productive assets / revenue: The selected capital-expenditure measure does not represent the broader concept of productive-asset purchases.

Price and operations

Research history

Reproducible calculations from public filings, without inferring segment-level results.

Period end is the end of the operating period. Source-publication mode uses the publication date of the document selected, without asserting that it was the first disclosure. Expand the notes below the chart for definitions and sources.

Research view

Add metrics 4

Available metrics: 9

Financials and cash flow

Revenue growth YoY% · Calculated from disclosures · Annual9 valid observations · 2017-12-31 — 2025-12-3111.04%2025-12-31Gross margin% · Calculated from disclosures · Annual10 valid observations · 2016-12-31 — 2025-12-3127.87%2025-12-31Operating margin% · Calculated from disclosures · Annual10 valid observations · 2016-12-31 — 2025-12-3117.75%2025-12-31Net margin% · Calculated from disclosures · Annual10 valid observations · 2016-12-31 — 2025-12-3116.93%2025-12-31Operating cash flow / revenue% · Calculated from disclosures · Annual10 valid observations · 2016-12-31 — 2025-12-3140.45%2025-12-31(CFO − cash purchases of PP&E) / revenue% · Calculated from disclosures · Annual10 valid observations · 2016-12-31 — 2025-12-3130.89%2025-12-31Operating cash flow / net incomex · Calculated from disclosures · Annual6 valid observations · 2018-12-31 — 2025-12-312.39×2025-12-31Cash purchases of PP&E / revenue% · Calculated from disclosures · Annual10 valid observations · 2016-12-31 — 2025-12-319.56%2025-12-31(Net income − operating cash flow) / revenue% · Calculated from disclosures · Annual10 valid observations · 2016-12-31 — 2025-12-31-23.52%2025-12-31

2026-10-23Last value in range

Time rangeCCJ Share price

2021-10-23 — 2026-10-23

Methodology and controls

Each panel has its own value axis; dates and the cursor are synchronized. Dense daily plots retain the first, last, highest and lowest observations in each pixel interval. The cursor, data table, CSV and statistics still use all original values. Operating data appear only on their observed dates; other dates are left blank. US daily prices are checked against the verified 1997–2027 trading calendar. A missing expected trading day breaks the line; weekends and recorded exchange holidays do not. Some daily market or calendar coverage is unverified. Only consecutive calendar dates are connected; gaps between dates are not assumed to be complete. Annual observations retain annual frequency; guidance and scenarios are labeled separately. Operating data are positioned at the actual period end, which is not necessarily the date of public disclosure. Drag within the chart to zoom and move the range window below to pan. Quarterly values are not filled across other trading days.

Underlying data Operating metrics: 4

Observations in this chart, including unverified periods or dates · original values and source versions retained

Selected operating metrics; records with values and current chart gaps appear first. Unverified dates are excluded from charts.
Reporting period end	Gross margin% · Calculated from disclosures	Operating margin% · Calculated from disclosures	Net margin% · Calculated from disclosures	(CFO − cash purchases of PP&E) / revenue% · Calculated from disclosures
2025-12-312025-12-31	27.87% Basis · Calculated from disclosures Source version date: 2026-03-19 View calculation inputs · 4 items Currency CAD grossProfit 970,273,000 Revenue 3,481,933,000 Input source document 0 role numerator Original XBRL field ifrs-full:GrossProfit Original unit CAD Period start 2025-01-01 Period end 2025-12-31 value 970,273,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2025-01-01 Period end 2025-12-31 value 3,481,933,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 CCJ · 40-F · Filing version 2026-03-19	17.75% Basis · Calculated from disclosures Source version date: 2026-03-19 View calculation inputs · 4 items Currency CAD operatingIncome 618,142,000 Revenue 3,481,933,000 Input source document 0 role numerator Original XBRL field ifrs-full:ProfitLossFromOperatingActivities Original unit CAD Period start 2025-01-01 Period end 2025-12-31 value 618,142,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2025-01-01 Period end 2025-12-31 value 3,481,933,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 CCJ · 40-F · Filing version 2026-03-19	16.93% Basis · Calculated from disclosures Source version date: 2026-03-19 View calculation inputs · 4 items Currency CAD Net income 589,577,000 Revenue 3,481,933,000 Input source document 0 role numerator Original XBRL field ifrs-full:ProfitLossAttributableToOwnersOfParent Original unit CAD Period start 2025-01-01 Period end 2025-12-31 value 589,577,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2025-01-01 Period end 2025-12-31 value 3,481,933,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 CCJ · 40-F · Filing version 2026-03-19	30.89% Basis · Calculated from disclosures Source version date: 2026-03-19 View calculation inputs · 5 items Currency CAD Operating cash flow 1,408,432,000 Cash capital expenditure 333,025,000 Revenue 3,481,933,000 Input source document 0 role numerator Original XBRL field ifrs-full:CashFlowsFromUsedInOperatingActivities Original unit CAD Period start 2025-01-01 Period end 2025-12-31 value 1,408,432,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 1 role numerator Original XBRL field ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities Original unit CAD Period start 2025-01-01 Period end 2025-12-31 value 333,025,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign -1 sourceIds 0 ccj-sec-0001193125-26-116229 2 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2025-01-01 Period end 2025-12-31 value 3,481,933,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 CCJ · 40-F · Filing version 2026-03-19
2024-12-312024-12-31	24.96% Basis · Calculated from disclosures Source version date: 2026-03-19 View calculation inputs · 4 items Currency CAD grossProfit 782,582,000 Revenue 3,135,772,000 Input source document 0 role numerator Original XBRL field ifrs-full:GrossProfit Original unit CAD Period start 2024-01-01 Period end 2024-12-31 value 782,582,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2024-01-01 Period end 2024-12-31 value 3,135,772,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 CCJ · 40-F · Filing version 2026-03-19	16.27% Basis · Calculated from disclosures Source version date: 2026-03-19 View calculation inputs · 4 items Currency CAD operatingIncome 510,114,000 Revenue 3,135,772,000 Input source document 0 role numerator Original XBRL field ifrs-full:ProfitLossFromOperatingActivities Original unit CAD Period start 2024-01-01 Period end 2024-12-31 value 510,114,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2024-01-01 Period end 2024-12-31 value 3,135,772,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 CCJ · 40-F · Filing version 2026-03-19	5.48% Basis · Calculated from disclosures Source version date: 2026-03-19 View calculation inputs · 4 items Currency CAD Net income 171,853,000 Revenue 3,135,772,000 Input source document 0 role numerator Original XBRL field ifrs-full:ProfitLossAttributableToOwnersOfParent Original unit CAD Period start 2024-01-01 Period end 2024-12-31 value 171,853,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2024-01-01 Period end 2024-12-31 value 3,135,772,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 CCJ · 40-F · Filing version 2026-03-19	22.12% Basis · Calculated from disclosures Source version date: 2026-03-19 View calculation inputs · 5 items Currency CAD Operating cash flow 905,288,000 Cash capital expenditure 211,635,000 Revenue 3,135,772,000 Input source document 0 role numerator Original XBRL field ifrs-full:CashFlowsFromUsedInOperatingActivities Original unit CAD Period start 2024-01-01 Period end 2024-12-31 value 905,288,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 1 role numerator Original XBRL field ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities Original unit CAD Period start 2024-01-01 Period end 2024-12-31 value 211,635,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign -1 sourceIds 0 ccj-sec-0001193125-26-116229 2 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2024-01-01 Period end 2024-12-31 value 3,135,772,000 Filing date 2026-03-19 form 40-F accn 0001193125-26-116229 Input sign 1 sourceIds 0 ccj-sec-0001193125-26-116229 CCJ · 40-F · Filing version 2026-03-19
2023-12-312023-12-31	21.70% Basis · Calculated from disclosures Source version date: 2025-03-21 View calculation inputs · 4 items Currency CAD grossProfit 561,666,000 Revenue 2,587,758,000 Input source document 0 role numerator Original XBRL field ifrs-full:GrossProfit Original unit CAD Period start 2023-01-01 Period end 2023-12-31 value 561,666,000 Filing date 2025-03-21 form 40-F accn 0001193125-25-060350 Input sign 1 sourceIds 0 ccj-sec-0001193125-25-060350 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2023-01-01 Period end 2023-12-31 value 2,587,758,000 Filing date 2025-03-21 form 40-F accn 0001193125-25-060350 Input sign 1 sourceIds 0 ccj-sec-0001193125-25-060350 CCJ · 40-F · Filing version 2025-03-21	10.93% Basis · Calculated from disclosures Source version date: 2025-03-21 View calculation inputs · 4 items Currency CAD operatingIncome 282,861,000 Revenue 2,587,758,000 Input source document 0 role numerator Original XBRL field ifrs-full:ProfitLossFromOperatingActivities Original unit CAD Period start 2023-01-01 Period end 2023-12-31 value 282,861,000 Filing date 2025-03-21 form 40-F accn 0001193125-25-060350 Input sign 1 sourceIds 0 ccj-sec-0001193125-25-060350 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2023-01-01 Period end 2023-12-31 value 2,587,758,000 Filing date 2025-03-21 form 40-F accn 0001193125-25-060350 Input sign 1 sourceIds 0 ccj-sec-0001193125-25-060350 CCJ · 40-F · Filing version 2025-03-21	13.94% Basis · Calculated from disclosures Source version date: 2025-03-21 View calculation inputs · 4 items Currency CAD Net income 360,847,000 Revenue 2,587,758,000 Input source document 0 role numerator Original XBRL field ifrs-full:ProfitLossAttributableToOwnersOfParent Original unit CAD Period start 2023-01-01 Period end 2023-12-31 value 360,847,000 Filing date 2025-03-21 form 40-F accn 0001193125-25-060350 Input sign 1 sourceIds 0 ccj-sec-0001193125-25-060350 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2023-01-01 Period end 2023-12-31 value 2,587,758,000 Filing date 2025-03-21 form 40-F accn 0001193125-25-060350 Input sign 1 sourceIds 0 ccj-sec-0001193125-25-060350 CCJ · 40-F · Filing version 2025-03-21	20.66% Basis · Calculated from disclosures Source version date: 2025-03-21 View calculation inputs · 5 items Currency CAD Operating cash flow 688,136,000 Cash capital expenditure 153,631,000 Revenue 2,587,758,000 Input source document 0 role numerator Original XBRL field ifrs-full:CashFlowsFromUsedInOperatingActivities Original unit CAD Period start 2023-01-01 Period end 2023-12-31 value 688,136,000 Filing date 2025-03-21 form 40-F accn 0001193125-25-060350 Input sign 1 sourceIds 0 ccj-sec-0001193125-25-060350 1 role numerator Original XBRL field ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities Original unit CAD Period start 2023-01-01 Period end 2023-12-31 value 153,631,000 Filing date 2025-03-21 form 40-F accn 0001193125-25-060350 Input sign -1 sourceIds 0 ccj-sec-0001193125-25-060350 2 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2023-01-01 Period end 2023-12-31 value 2,587,758,000 Filing date 2025-03-21 form 40-F accn 0001193125-25-060350 Input sign 1 sourceIds 0 ccj-sec-0001193125-25-060350 CCJ · 40-F · Filing version 2025-03-21
2022-12-312022-12-31	12.49% Basis · Calculated from disclosures Source version date: 2024-03-22 View calculation inputs · 4 items Currency CAD grossProfit 233,291,000 Revenue 1,868,003,000 Input source document 0 role numerator Original XBRL field ifrs-full:GrossProfit Original unit CAD Period start 2022-01-01 Period end 2022-12-31 value 233,291,000 Filing date 2024-03-22 form 40-F accn 0001193125-24-075464 Input sign 1 sourceIds 0 ccj-sec-0001193125-24-075464 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2022-01-01 Period end 2022-12-31 value 1,868,003,000 Filing date 2024-03-22 form 40-F accn 0001193125-24-075464 Input sign 1 sourceIds 0 ccj-sec-0001193125-24-075464 CCJ · 40-F · Filing version 2024-03-22	0.81% Basis · Calculated from disclosures Source version date: 2024-03-22 View calculation inputs · 4 items Currency CAD operatingIncome 15,051,000 Revenue 1,868,003,000 Input source document 0 role numerator Original XBRL field ifrs-full:ProfitLossFromOperatingActivities Original unit CAD Period start 2022-01-01 Period end 2022-12-31 value 15,051,000 Filing date 2024-03-22 form 40-F accn 0001193125-24-075464 Input sign 1 sourceIds 0 ccj-sec-0001193125-24-075464 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2022-01-01 Period end 2022-12-31 value 1,868,003,000 Filing date 2024-03-22 form 40-F accn 0001193125-24-075464 Input sign 1 sourceIds 0 ccj-sec-0001193125-24-075464 CCJ · 40-F · Filing version 2024-03-22	4.78% Basis · Calculated from disclosures Source version date: 2024-03-22 View calculation inputs · 4 items Currency CAD Net income 89,382,000 Revenue 1,868,003,000 Input source document 0 role numerator Original XBRL field ifrs-full:ProfitLossAttributableToOwnersOfParent Original unit CAD Period start 2022-01-01 Period end 2022-12-31 value 89,382,000 Filing date 2024-03-22 form 40-F accn 0001193125-24-075464 Input sign 1 sourceIds 0 ccj-sec-0001193125-24-075464 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2022-01-01 Period end 2022-12-31 value 1,868,003,000 Filing date 2024-03-22 form 40-F accn 0001193125-24-075464 Input sign 1 sourceIds 0 ccj-sec-0001193125-24-075464 CCJ · 40-F · Filing version 2024-03-22	8.63% Basis · Calculated from disclosures Source version date: 2024-03-22 View calculation inputs · 5 items Currency CAD Operating cash flow 304,607,000 Cash capital expenditure 143,448,000 Revenue 1,868,003,000 Input source document 0 role numerator Original XBRL field ifrs-full:CashFlowsFromUsedInOperatingActivities Original unit CAD Period start 2022-01-01 Period end 2022-12-31 value 304,607,000 Filing date 2024-03-22 form 40-F accn 0001193125-24-075464 Input sign 1 sourceIds 0 ccj-sec-0001193125-24-075464 1 role numerator Original XBRL field ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities Original unit CAD Period start 2022-01-01 Period end 2022-12-31 value 143,448,000 Filing date 2024-03-22 form 40-F accn 0001193125-24-075464 Input sign -1 sourceIds 0 ccj-sec-0001193125-24-075464 2 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2022-01-01 Period end 2022-12-31 value 1,868,003,000 Filing date 2024-03-22 form 40-F accn 0001193125-24-075464 Input sign 1 sourceIds 0 ccj-sec-0001193125-24-075464 CCJ · 40-F · Filing version 2024-03-22
2021-12-312021-12-31	0.13% Basis · Calculated from disclosures Source version date: 2023-03-29 View calculation inputs · 4 items Currency CAD grossProfit 1,934,000 Revenue 1,474,984,000 Input source document 0 role numerator Original XBRL field ifrs-full:GrossProfit Original unit CAD Period start 2021-01-01 Period end 2021-12-31 value 1,934,000 Filing date 2023-03-29 form 40-F accn 0001193125-23-083565 Input sign 1 sourceIds 0 ccj-sec-0001193125-23-083565 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2021-01-01 Period end 2021-12-31 value 1,474,984,000 Filing date 2023-03-29 form 40-F accn 0001193125-23-083565 Input sign 1 sourceIds 0 ccj-sec-0001193125-23-083565 CCJ · 40-F · Filing version 2023-03-29	-9.23% Basis · Calculated from disclosures Source version date: 2023-03-29 View calculation inputs · 4 items Currency CAD operatingIncome -136,212,000 Revenue 1,474,984,000 Input source document 0 role numerator Original XBRL field ifrs-full:ProfitLossFromOperatingActivities Original unit CAD Period start 2021-01-01 Period end 2021-12-31 value -136,212,000 Filing date 2023-03-29 form 40-F accn 0001193125-23-083565 Input sign 1 sourceIds 0 ccj-sec-0001193125-23-083565 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2021-01-01 Period end 2021-12-31 value 1,474,984,000 Filing date 2023-03-29 form 40-F accn 0001193125-23-083565 Input sign 1 sourceIds 0 ccj-sec-0001193125-23-083565 CCJ · 40-F · Filing version 2023-03-29	-6.95% Basis · Calculated from disclosures Source version date: 2023-03-29 View calculation inputs · 4 items Currency CAD Net income -102,577,000 Revenue 1,474,984,000 Input source document 0 role numerator Original XBRL field ifrs-full:ProfitLossAttributableToOwnersOfParent Original unit CAD Period start 2021-01-01 Period end 2021-12-31 value -102,577,000 Filing date 2023-03-29 form 40-F accn 0001193125-23-083565 Input sign 1 sourceIds 0 ccj-sec-0001193125-23-083565 1 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2021-01-01 Period end 2021-12-31 value 1,474,984,000 Filing date 2023-03-29 form 40-F accn 0001193125-23-083565 Input sign 1 sourceIds 0 ccj-sec-0001193125-23-083565 CCJ · 40-F · Filing version 2023-03-29	24.37% Basis · Calculated from disclosures Source version date: 2023-03-29 View calculation inputs · 5 items Currency CAD Operating cash flow 458,288,000 Cash capital expenditure 98,784,000 Revenue 1,474,984,000 Input source document 0 role numerator Original XBRL field ifrs-full:CashFlowsFromUsedInOperatingActivities Original unit CAD Period start 2021-01-01 Period end 2021-12-31 value 458,288,000 Filing date 2023-03-29 form 40-F accn 0001193125-23-083565 Input sign 1 sourceIds 0 ccj-sec-0001193125-23-083565 1 role numerator Original XBRL field ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities Original unit CAD Period start 2021-01-01 Period end 2021-12-31 value 98,784,000 Filing date 2023-03-29 form 40-F accn 0001193125-23-083565 Input sign -1 sourceIds 0 ccj-sec-0001193125-23-083565 2 role denominator Original XBRL field ifrs-full:Revenue Original unit CAD Period start 2021-01-01 Period end 2021-12-31 value 1,474,984,000 Filing date 2023-03-29 form 40-F accn 0001193125-23-083565 Input sign 1 sourceIds 0 ccj-sec-0001193125-23-083565 CCJ · 40-F · Filing version 2023-03-29

Calculations and sources 4 items

Gross margin% · Calculated from disclosures

Calculation basis

Gross profit / revenue × 100

Reading guide

Company-wide reported gross margin is not the margin of any individual product, segment or order. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Data classification

Calculated from disclosures · %

Supporting sources

CCJ · 40-F · Filing version 2018-03-28 CCJ · 40-F · Filing version 2019-03-29 CCJ · 40-F · Filing version 2020-03-27 CCJ · 40-F · Filing version 2021-03-19 CCJ · 40-F · Filing version 2022-03-22 CCJ · 40-F · Filing version 2023-03-29 CCJ · 40-F · Filing version 2024-03-22 CCJ · 40-F · Filing version 2025-03-21 CCJ · 40-F · Filing version 2026-03-19

Operating margin% · Calculated from disclosures

Calculation basis

Operating income / revenue × 100

Reading guide

Uses reported operating income, not adjusted earnings. Differences in expense classification can still limit comparisons across companies. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Data classification

Calculated from disclosures · %

Supporting sources

Net margin% · Calculated from disclosures

Calculation basis

Selected net-income concept / revenue × 100

Reading guide

May reflect differences in non-controlling interests, taxes and one-time gains or losses. The specific net-income concept is retained for each observation. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Data classification

Calculated from disclosures · %

Supporting sources

(CFO − cash purchases of PP&E) / revenue% · Calculated from disclosures

Calculation basis

(Operating cash flow − cash purchases of PP&E) / revenue × 100

Reading guide

A free-cash-flow proxy deducting only identified PP&E purchases. It does not deduct acquisitions, capital prepayments, intangible assets or lease principal, and does not establish cash distributable to common shareholders. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Data classification

Calculated from disclosures · %

Supporting sources

Business and research scope

How the business turns into revenue and cash, and what the available evidence can establish.

Company filings ↗

CAMECO CORPORATION. The quote provider classifies its industry as Other Metals and Minerals. Structured segment, customer-mix and contract information is not yet available. Company information and original financial documents are provided below; business revenue is not inferred from supply-chain classification.

Company profile and filings

Legal name: CAMECO CORPORATION
Exchange / quote currency: NYSE / USD
Reporting currency: CAD
Source industry classification: Other Metals and Minerals
Financial period end / Source version used: 2025-12-31 / 2026-03-19
Value-chain roles (not revenue shares): Energy and fuels

Check SEC filings index ↗

Related companies in the value chain

Shared value-chain roles do not establish direct peer status or valuation comparability.

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MARKET DATA

Quote details

Candlesticks, volume and cross-company prices

82.41 +4.22%

2026-07-23 — 2026-10-23Price change over the selected period -12.01%

Daily · Provider split-adjusted prices, excluding dividends · USD · Valid closes: 7703 / trading dates: 7703Market data source

Compare company

MARKET & FUNDAMENTALS

Quote and valuation methodology

Data timestamps

Trading overview

Previous close: 79.07
Session open: 80.40
Session range: 80.07 – 83.37
Session volume: 3.30 M
20 Average daily volume: 3.32 M
Historical range: 1.70 – 135.24

Valuation and cash

Market cap · USD: 36.05 B
Price / sales · Annual: Not applicable
Free cash flow yield: Not applicable

Financial denominator

Revenue · Annual: 3.48 B CAD
Period end: 2025-12-31
Source version: 2026-03-19

Quote 2026-10-27Market cap retrieved 2026-10-28Financial period end 2025-12-31

Quote currency: USD; financial reporting currency: CAD. Cross-currency valuation is not calculated without a verified applicable exchange rate and security/ADR basis.

Research archiveNo standalone articles or full reports for this company have been included yet

Public financial and operating analysis is available. Standalone research has not yet been published; exploreOperating data、Financial comparison and SourceSource document。

Financial comparison

Select two specific periods to compare changes in scale, earnings and cash.

Annual · As of 2025-12-31Source version used 2026-03-19 · Original currency CAD

Current periodCompareCAD · Annual

Current period 2025-01-01 — 2025-12-31Comparison period 2024-01-01 — 2024-12-31

Financial comparison of two defined periods; expand values for source records
Line item	Current period	Comparison period	Amount change	Growth
RevenueRecognized revenue; growth is calculated only when the comparison-period base is positive	3.48 B Raw value 3,481,933,000.00 CAD 2025-01-01 — 2025-12-31 · CAD · Reported data Original filing ↗	3.14 B Raw value 3,135,772,000.00 CAD 2024-01-01 — 2024-12-31 · CAD · Reported data Original filing ↗	+346.16 M	+11.04%
Gross profitGross margin 27.87% · Change +2.91 percentage points	970.27 M Raw value 970,273,000.00 CAD 2025-01-01 — 2025-12-31 · CAD · Reported data Original filing ↗	782.58 M Raw value 782,582,000.00 CAD 2024-01-01 — 2024-12-31 · CAD · Reported data Original filing ↗	+187.69 M	+23.98%
Operating incomeOperating margin 17.75% · Change +1.49 percentage points	618.14 M Raw value 618,142,000.00 CAD 2025-01-01 — 2025-12-31 · CAD · Reported data Original filing ↗	510.11 M Raw value 510,114,000.00 CAD 2024-01-01 — 2024-12-31 · CAD · Reported data Original filing ↗	+108.03 M	+21.18%
Net incomeNet margin 16.93% · Change +11.45 percentage points	589.58 M Raw value 589,577,000.00 CAD 2025-01-01 — 2025-12-31 · CAD · Reported data Original filing ↗	171.85 M Raw value 171,853,000.00 CAD 2024-01-01 — 2024-12-31 · CAD · Reported data Original filing ↗	+417.72 M	+243.07%
Operating cash flowOperating cash flow / revenue 40.45% · Change +11.58 percentage points	1.41 B Raw value 1,408,432,000.00 CAD 2025-01-01 — 2025-12-31 · CAD · Reported data Original filing ↗	905.29 M Raw value 905,288,000.00 CAD 2024-01-01 — 2024-12-31 · CAD · Reported data Original filing ↗	+503.14 M	+55.58%
Capital expenditureCapital expenditure / revenue 9.56% · Change +2.82 percentage points	333.03 M Raw value 333,025,000.00 CAD 2025-01-01 — 2025-12-31 · CAD · Reported data Original filing ↗	211.64 M Raw value 211,635,000.00 CAD 2024-01-01 — 2024-12-31 · CAD · Reported data Original filing ↗	+121.39 M	+57.36%

The change is the current value minus the comparison value; it is not automatically classified as year-over-year or quarter-over-quarter. Select a value to inspect reporting dates, filing versions and reconstruction inputs.

Historical trends and full financials

Comparable-period financial trends

2025-12-31Last value in range

Time rangeRevenue

2016-12-31 — 2025-12-31

Methodology and controls

Series with the same unit and frequency share a value axis. Annual observations retain annual frequency; guidance and scenarios are labeled separately. Each column compares observations with matching period boundaries and units. Records that fail those checks remain blank. Drag within the chart to zoom and move the range window below to pan. Quarterly values are not filled across other trading days.

Scroll to see all periods; select a value to open its source →

Annual financials, CAD. Records without verified periods or units are excluded from comparison columns.
Reporting period end · CAD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Revenue	2.43 B Raw value 2,431,404,000.00 CAD 2016-01-01 — 2016-12-31 · CAD · Reported data Original filing ↗	2.16 B Raw value 2,156,852,000.00 CAD 2017-01-01 — 2017-12-31 · CAD · Reported data Original filing ↗	2.09 B Raw value 2,091,661,000.00 CAD 2018-01-01 — 2018-12-31 · CAD · Reported data Original filing ↗	1.86 B Raw value 1,862,925,000.00 CAD 2019-01-01 — 2019-12-31 · CAD · Reported data Original filing ↗	1.80 B Raw value 1,800,073,000.00 CAD 2020-01-01 — 2020-12-31 · CAD · Reported data Original filing ↗	1.47 B Raw value 1,474,984,000.00 CAD 2021-01-01 — 2021-12-31 · CAD · Reported data Original filing ↗	1.87 B Raw value 1,868,003,000.00 CAD 2022-01-01 — 2022-12-31 · CAD · Reported data Original filing ↗	2.59 B Raw value 2,587,758,000.00 CAD 2023-01-01 — 2023-12-31 · CAD · Reported data Original filing ↗	3.14 B Raw value 3,135,772,000.00 CAD 2024-01-01 — 2024-12-31 · CAD · Reported data Original filing ↗	3.48 B Raw value 3,481,933,000.00 CAD 2025-01-01 — 2025-12-31 · CAD · Reported data Original filing ↗
Gross profit	463.48 M Raw value 463,480,000.00 CAD 2016-01-01 — 2016-12-31 · CAD · Reported data Original filing ↗	436.27 M Raw value 436,274,000.00 CAD 2017-01-01 — 2017-12-31 · CAD · Reported data Original filing ↗	295.75 M Raw value 295,748,000.00 CAD 2018-01-01 — 2018-12-31 · CAD · Reported data Original filing ↗	241.63 M Raw value 241,625,000.00 CAD 2019-01-01 — 2019-12-31 · CAD · Reported data Original filing ↗	106.45 M Raw value 106,449,000.00 CAD 2020-01-01 — 2020-12-31 · CAD · Reported data Original filing ↗	1.93 M Raw value 1,934,000.00 CAD 2021-01-01 — 2021-12-31 · CAD · Reported data Original filing ↗	233.29 M Raw value 233,291,000.00 CAD 2022-01-01 — 2022-12-31 · CAD · Reported data Original filing ↗	561.67 M Raw value 561,666,000.00 CAD 2023-01-01 — 2023-12-31 · CAD · Reported data Original filing ↗	782.58 M Raw value 782,582,000.00 CAD 2024-01-01 — 2024-12-31 · CAD · Reported data Original filing ↗	970.27 M Raw value 970,273,000.00 CAD 2025-01-01 — 2025-12-31 · CAD · Reported data Original filing ↗
Operating income	-141.79 M Raw value -141,785,000.00 CAD 2016-01-01 — 2016-12-31 · CAD · Reported data Original filing ↗	-127.73 M Raw value -127,734,000.00 CAD 2017-01-01 — 2017-12-31 · CAD · Reported data Original filing ↗	70.24 M Raw value 70,237,000.00 CAD 2018-01-01 — 2018-12-31 · CAD · Reported data Original filing ↗	92.41 M Raw value 92,411,000.00 CAD 2019-01-01 — 2019-12-31 · CAD · Reported data Original filing ↗	-78.73 M Raw value -78,726,000.00 CAD 2020-01-01 — 2020-12-31 · CAD · Reported data Original filing ↗	-136.21 M Raw value -136,212,000.00 CAD 2021-01-01 — 2021-12-31 · CAD · Reported data Original filing ↗	15.05 M Raw value 15,051,000.00 CAD 2022-01-01 — 2022-12-31 · CAD · Reported data Original filing ↗	282.86 M Raw value 282,861,000.00 CAD 2023-01-01 — 2023-12-31 · CAD · Reported data Original filing ↗	510.11 M Raw value 510,114,000.00 CAD 2024-01-01 — 2024-12-31 · CAD · Reported data Original filing ↗	618.14 M Raw value 618,142,000.00 CAD 2025-01-01 — 2025-12-31 · CAD · Reported data Original filing ↗
Net income	-61.61 M Raw value -61,611,000.00 CAD 2016-01-01 — 2016-12-31 · CAD · Reported data Original filing ↗	-204.94 M Raw value -204,942,000.00 CAD 2017-01-01 — 2017-12-31 · CAD · Reported data Original filing ↗	166.32 M Raw value 166,323,000.00 CAD 2018-01-01 — 2018-12-31 · CAD · Reported data Original filing ↗	74.00 M Raw value 74,000,000.00 CAD 2019-01-01 — 2019-12-31 · CAD · Reported data Original filing ↗	-53.17 M Raw value -53,169,000.00 CAD 2020-01-01 — 2020-12-31 · CAD · Reported data Original filing ↗	-102.58 M Raw value -102,577,000.00 CAD 2021-01-01 — 2021-12-31 · CAD · Reported data Original filing ↗	89.38 M Raw value 89,382,000.00 CAD 2022-01-01 — 2022-12-31 · CAD · Reported data Original filing ↗	360.85 M Raw value 360,847,000.00 CAD 2023-01-01 — 2023-12-31 · CAD · Reported data Original filing ↗	171.85 M Raw value 171,853,000.00 CAD 2024-01-01 — 2024-12-31 · CAD · Reported data Original filing ↗	589.58 M Raw value 589,577,000.00 CAD 2025-01-01 — 2025-12-31 · CAD · Reported data Original filing ↗
Operating cash flow	312.38 M Raw value 312,380,000.00 CAD 2016-01-01 — 2016-12-31 · CAD · Reported data Original filing ↗	596.05 M Raw value 596,050,000.00 CAD 2017-01-01 — 2017-12-31 · CAD · Reported data Original filing ↗	667.52 M Raw value 667,516,000.00 CAD 2018-01-01 — 2018-12-31 · CAD · Reported data Original filing ↗	527.02 M Raw value 527,024,000.00 CAD 2019-01-01 — 2019-12-31 · CAD · Reported data Original filing ↗	56.89 M Raw value 56,889,000.00 CAD 2020-01-01 — 2020-12-31 · CAD · Reported data Original filing ↗	458.29 M Raw value 458,288,000.00 CAD 2021-01-01 — 2021-12-31 · CAD · Reported data Original filing ↗	304.61 M Raw value 304,607,000.00 CAD 2022-01-01 — 2022-12-31 · CAD · Reported data Original filing ↗	688.14 M Raw value 688,136,000.00 CAD 2023-01-01 — 2023-12-31 · CAD · Reported data Original filing ↗	905.29 M Raw value 905,288,000.00 CAD 2024-01-01 — 2024-12-31 · CAD · Reported data Original filing ↗	1.41 B Raw value 1,408,432,000.00 CAD 2025-01-01 — 2025-12-31 · CAD · Reported data Original filing ↗
Capital expenditure	216.91 M Raw value 216,908,000.00 CAD 2016-01-01 — 2016-12-31 · CAD · Reported data Original filing ↗	114.03 M Raw value 114,028,000.00 CAD 2017-01-01 — 2017-12-31 · CAD · Reported data Original filing ↗	55.36 M Raw value 55,362,000.00 CAD 2018-01-01 — 2018-12-31 · CAD · Reported data Original filing ↗	75.21 M Raw value 75,211,000.00 CAD 2019-01-01 — 2019-12-31 · CAD · Reported data Original filing ↗	77.46 M Raw value 77,462,000.00 CAD 2020-01-01 — 2020-12-31 · CAD · Reported data Original filing ↗	98.78 M Raw value 98,784,000.00 CAD 2021-01-01 — 2021-12-31 · CAD · Reported data Original filing ↗	143.45 M Raw value 143,448,000.00 CAD 2022-01-01 — 2022-12-31 · CAD · Reported data Original filing ↗	153.63 M Raw value 153,631,000.00 CAD 2023-01-01 — 2023-12-31 · CAD · Reported data Original filing ↗	211.64 M Raw value 211,635,000.00 CAD 2024-01-01 — 2024-12-31 · CAD · Reported data Original filing ↗	333.03 M Raw value 333,025,000.00 CAD 2025-01-01 — 2025-12-31 · CAD · Reported data Original filing ↗

Comparison rules and gaps

Comparison columns require aligned period boundaries, currency and duration. Blank values are not zero; directly reported quarters and cumulative reconstructions are distinguished. A non-positive comparison base is shown as an amount change without a percentage growth rate.

View filing source

Events and disclosure records

Completed events, conditional arrangements and the document versions used are listed separately.

Check original source ↗

2026-09-14Disclosed events

Global Laser Enrichment LLC (Wilmington, NC; 51% Silex Systems ASX:SLX / 49% Cameco) · Offtake and leasing

Exclusive offtake agreement · Cameco to buy all future output of GLE's planned Paducah Laser Enrichment Facility (PLEF) · natural UF6 and enriched uranium (LEU / LEU+ / HALEU) · pricing equal to Cameco's annual average realised price across its long-term contract portfolio, net of selling costs · PLEF still subject to feasibility assessment and FID, targeted to start by 2030 · Cameco owns 49% of GLE (Silex 51%) · volumes and value undisclosed [9]

2026-06-01Disclosed events

TEPCO Resources Inc. (Tokyo Electric Power subsidiary) · Capital and financing

Acquired 2.871 percentage points of TEPCO Resources Inc.'s 5% participating interest in the Cigar Lake Joint Venture (the remaining 2.129 points to Orano Canada) · Cameco's interest rises to 57.418% · consideration approximately C$115.75M · announced 2026-06-01, closed 2026-07-02 · Original-currency amounts retained; no USD conversion shown because a reproducible conversion basis was not established [7]

2025-10-28Conditional arrangements

United States Department of Commerce (US Government) · Capital and financing

Cameco and Brookfield signed a Westinghouse nuclear deployment term sheet with the US Department of Commerce. At least US$80bn refers to the project investment program, not a payment to Cameco. The conditional 20% interest applies to Westinghouse distributions above US$17.5bn, not Cameco equity. The term sheet is binding; final investment decisions and definitive agreements remain conditional. [1]

2025-09-12Disclosed events

Slovenské elektrárne, a.s. · Offtake and leasing

Long-term natural UF6 supply (uranium and conversion services) · for the Bohunice and Mochovce nuclear facilities · deliveries from 2028 through 2036 · volume and commercial terms confidential [3]

View remaining recorded events (5)

2023-11-07Disclosed events

Westinghouse Electric Company · Capital and financing

49% equity interest in Westinghouse · alongside Brookfield (51%) · enterprise value US$7.9bn, adjusted to US$8.2bn for working-capital balances at close · Cameco funded its US$2.1bn share with US$1.5bn of cash plus a full drawdown of both US$300M term-loan tranches (maturing two and three years from close) · closed 2023-11-07 · equity-accounted [2]

2023-04-20Disclosed events

Westinghouse Electric Company · Offtake and leasing

10-year natural UF6 supply contract with Westinghouse · supporting the Kozloduy 5 reactor at Bulgaria's Kozloduy NPP · approximately 2.2M kgU as UF6 (≈5.7M lb U3O8) · running 2023 through 2033 · the enriched product is delivered to a Westinghouse facility in Sweden for fuel-assembly fabrication · value undisclosed [6]

2023-04-04Disclosed events

Bruce Power L.P. · Offtake and leasing

Exclusive nuclear fuel supply arrangements extended through 2040 · covering 100% of Bruce Power's uranium, conversion services and fuel fabrication requirements · approximately $2.8bn of additional business over 2031–2040 (currency not stated in the release; presumed C$ per Cameco convention) [5]

2023-02-08Conditional arrangements

SE NNEGC Energoatom (Ukraine state-owned nuclear utility) · Offtake and leasing

Natural UF6 supply (uranium and conversion services) · covering 100% of the needs of Ukraine's nine operating reactors at Rivne, Khmelnytskyy and South Ukraine · 2024 through 2035, a 12-year agreement · approximately 15.3M kgU as UF6 (≈40.1M lb U3O8) · optional volumes of roughly 10.4M kgU (≈27.2M lb U3O8) for the six Zaporizhzhya units · commercial terms agreed but the contract remains subject to finalization (originally anticipated in Q1 2023) · value confidential [4]

2022-11-07Disclosed events

China Nuclear International Corporation (CNNC subsidiary) · Offtake and leasing

Long-term uranium supply agreement · signed 2022-11-07 · forms part of the ~50M lb Cameco had added to its long-term uranium contract portfolio in 2022 · terms, volume, tenor and value all commercially confidential [8]

Included financial source versions

2026-03-19
40-F Original financial filings ↗
This page cites periods ending through 2025-12-31. The same document includes multiple comparison periods.
2025-03-21
40-F Original financial filings ↗
This page cites periods ending through 2023-12-31.
2024-03-22
40-F Original financial filings ↗
This page cites periods ending through 2022-12-31.
2023-03-29
40-F Original financial filings ↗
This page cites periods ending through 2021-12-31.
2022-03-22
40-F Original financial filings ↗
This page cites periods ending through 2020-12-31.
2021-03-19
40-F Original financial filings ↗
This page cites periods ending through 2019-12-31.

Showing the latest 6 recorded source versions. Find the remaining 3 in Source values in the full financial table.

Industry relationships and operating mechanisms

Trace supply and demand through contract performance, operating metrics and cash attribution.

Company in focus

Direct relationships: 10 · Excluded by current filters: 0

Upstream supply

1 companies

2026-09-141 record

CCJ

Cameco Corporation

Operating metrics: 9 ↗

Downstream demand

6 companies

2026-03-021 record

2025-09-121 record

2023-02-081 record

2023-04-041 record

2023-04-201 record

Capital sources

1 companies

2025-10-281 record

Capital deployed

2 companies

2023-11-071 record

2026-06-011 record

Goods and services are arranged from supplier to customer; capital is shown separately. Select a relationship to inspect its evidence and operating mechanism. Second-degree paths do not establish guarantees or certain revenue.

Relationship records

10 records

Status / record date	Recorded amount	Capacity basis	Evidence source
Signed / existing2026-09-14	No attributable amount providedAmount associated with the contract relationship	Not structured	B · Company / mediaCheck public source ↗
Signed / existing2026-06-01	consideration approximately C$115.75MAcquisition consideration	Not structured	A · Original filingCheck public source ↗
Signed / existing2026-03-02	≈ 2.6 B CADCompany-estimated total contract value (CAD; market-related pricing)	Not structured	A · Original filingCheck public source ↗
Framework / intent2025-10-28	Planned total project investment is at least US$80 billion; this is not the amount payable to CamecoEquity subscription amount	Not structured	A · Original filingCheck public source ↗
Signed / existing2025-09-12	No attributable amount providedAmount associated with the contract relationship	Not structured	A · Original filingCheck public source ↗
Signed / existing2023-11-07	USD 2.1 billionAcquisition consideration	Not structured	B · Company / mediaCheck public source ↗
Signed / existing2023-04-20	No attributable amount providedAmount associated with the contract relationship	Not structured	B · Company / mediaCheck public source ↗
Signed / existing2023-04-04	Approximately $2.8 billion of additional business over 2031-2040; the release does not specify the currency, which is presumed to be Canadian dollars under Cameco's conventionAmount associated with the contract relationship	Not structured	B · Company / mediaCheck public source ↗
Framework / intent2023-02-08	No attributable amount providedAmount associated with the contract relationship	Not structured	B · Company / mediaCheck public source ↗
Signed / existing2022-11-07	No attributable amount providedAmount associated with the contract relationship	Not structured	B · Company / mediaCheck public source ↗

1–10 / 10 records

Downstream demand · Capacity offtake

CCJ Department of Atomic Energy (India)

Signed / existing2026-03-02A · Original filing

Check public source ↗

What this relationship establishes

Long-term uranium concentrate agreement

Relationship type: Capacity offtake
Recorded as signed or existing; performance progress requires separate verification
Amount basis: ≈ 2.6 B CAD Company-estimated total contract value (CAD; market-related pricing)
company-estimated total value at announcement of approximately C$2.6B (CAD), not a fixed USD contract amount
estimate based on US$86.95/lb on 2026-02-28 and USD1.00/CAD1.36 on 2026-02-27
Contract duration, revenue recognition and cash collection do not follow the same schedule. Dividing the total by the contract term is not a substitute for actual period results. The amount retains its original currency and estimated nature; it is not automatically converted to USD.
Attribution: Applies to this relationship; the original document determines the specific legal entities and attribution.
Concentration: A relationship amount and company denominator with matching periods and definitions are not provided
Relationship counts, capacity and total contract value are not measures of revenue or procurement concentration.

Complete record and source location

Long-term uranium concentrate agreement · expected deliveries in 2027–2035, nearly 22 million pounds over 9 years · market-related pricing · company-estimated total value at announcement of approximately C$2.6B (CAD), not a fixed USD contract amount · estimate based on US$86.95/lb on 2026-02-28 and USD1.00/CAD1.36 on 2026-02-27; actual value depends on deliveries and prevailing prices

A · Original filing

Cameco 6-K Exhibit 99.1（2026-03-02）

Customer demand and execution

The excerpts below come from this record. Verify signed status separately from actual completion.

expected deliveries in 2027–2035, nearly 22 million pounds over 9 years
actual value depends on deliveries and prevailing prices

Limitations in the original record

company-estimated total value at announcement of approximately C$2.6B (CAD), not a fixed USD contract amount

Inputs still needed to quantify the impact

A period-by-period schedule of contractual cash receipts, cash payments and revenue recognition
Performance, termination and substitute-capacity provisions
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How to test the operating mechanism

Analytical framework, not a realized impact

Contract terms
Department of Atomic Energy (India) purchases products or services from CCJ under an offtake arrangement; first distinguish leases, cloud services and other offtake arrangements.
Contract execution
Track delivery, lease commencement or service activation, cancellation conditions and renewal options for each tranche.
Financial outcomes
Present the nominal contract amount, revenue recognized during the period, cash receipts and spending to fulfill the contract separately.
Testing price implications
Verify the effective contract term, capital investment and financing attribution before estimating cash attributable to shareholders.

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Operating data to test the relationship

CCJ · Company-specific metric definitions and classifications

Metrics test operating processes; an overall change cannot be attributed to a single relationship. Expand the definitions to check calculation methods and their applicable boundaries.

Profit and costs

Can revenue growth translate into earnings attributable to shareholders?

Preserve the distinctions relating to depreciation, stock-based compensation, adjustments and segments. The company's margin cannot be applied as this contract's margin.

Operating metric	Latest value	Definition and boundaries
Gross margin ↗2025-12-31 · Research calculation	27.87%	Definition and boundaries Gross profit / revenue × 100 Company-wide reported gross margin is not the margin of any individual product, segment or order. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.
Operating margin ↗2025-12-31 · Research calculation	17.75%	Definition and boundaries Operating income / revenue × 100 Uses reported operating income, not adjusted earnings. Differences in expense classification can still limit comparisons across companies. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.
Net margin ↗2025-12-31 · Research calculation	16.93%	Definition and boundaries Selected net-income concept / revenue × 100 May reflect differences in non-controlling interests, taxes and one-time gains or losses. The specific net-income concept is retained for each observation. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.
Operating cash flow / revenue ↗2025-12-31 · Research calculation	40.45%	Definition and boundaries Operating cash flow / revenue × 100 Shows operating cash inflows and outflows, including working capital and taxes. It is neither a contract collection rate nor cash available for shareholder distribution. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.
(CFO − cash purchases of PP&E) / revenue ↗2025-12-31 · Research calculation	30.89%	Definition and boundaries (Operating cash flow − cash purchases of PP&E) / revenue × 100 A free-cash-flow proxy deducting only identified PP&E purchases. It does not deduct acquisitions, capital prepayments, intangible assets or lease principal, and does not establish cash distributable to common shareholders. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Show remaining company metrics (4)

Other operating observations

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Operating metric	Latest value	Definition and boundaries
Revenue growth YoY ↗2025-12-31 · Research calculation	11.04%	Definition and boundaries (Current-period revenue / comparable prior-year revenue − 1) × 100 Requires the same concept and currency for equal-length periods one year apart, with positive prior-year revenue. A 53-week versus 52-week year may still differ by one week; no daily adjustment is made. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.
Operating cash flow / net income ↗2025-12-31 · Research calculation	2.39 x	Definition and boundaries Operating cash flow / net income（Net income > 0） Examines cash conversion when earnings are positive. No multiple is calculated when net income is non-positive; taxes, non-cash charges and working capital can all cause divergence. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.
(Net income − operating cash flow) / revenue ↗2025-12-31 · Research calculation	-23.52%	Definition and boundaries (Net income − operating cash flow) / revenue × 100 The amount difference divided by revenue. This is not the Sloan accrual ratio or an earnings-manipulation score. A positive value only indicates that earnings exceed operating cash flow for the same period. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Investment and funding needs

How much cash is required for construction and procurement before delivery?

Compare prepayments, cash capital expenditure and commissioning plans. Current-period revenue is not a substitute for a full investment-recovery calculation.

Operating metric	Latest value	Definition and boundaries
Cash purchases of PP&E / revenue ↗2025-12-31 · Research calculation	9.56%	Definition and boundaries Cash purchases of PP&E / revenue × 100 Identified cash purchases of PP&E, excluding non-cash additions. Maintenance and expansion investment are not separated. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

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Operating metric search

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Historical research methodology

Company9 / 9 items

Operating metric	Latest value	Period / classification	Definition and interpretation boundaries	Analysis
Revenue growth YoY	11.04%	2025-12-31Research calculation	(Current-period revenue / comparable prior-year revenue − 1) × 100Requires the same concept and currency for equal-length periods one year apart, with positive prior-year revenue. A 53-week versus 52-week year may still differ by one week; no daily adjustment is made. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.	View full series ↗
Gross margin	27.87%	2025-12-31Research calculation	Gross profit / revenue × 100Company-wide reported gross margin is not the margin of any individual product, segment or order. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.	View full series ↗
Operating margin	17.75%	2025-12-31Research calculation	Operating income / revenue × 100Uses reported operating income, not adjusted earnings. Differences in expense classification can still limit comparisons across companies. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.	View full series ↗
Net margin	16.93%	2025-12-31Research calculation	Selected net-income concept / revenue × 100May reflect differences in non-controlling interests, taxes and one-time gains or losses. The specific net-income concept is retained for each observation. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.	View full series ↗
Operating cash flow / revenue	40.45%	2025-12-31Research calculation	Operating cash flow / revenue × 100Shows operating cash inflows and outflows, including working capital and taxes. It is neither a contract collection rate nor cash available for shareholder distribution. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.	View full series ↗
(CFO − cash purchases of PP&E) / revenue	30.89%	2025-12-31Research calculation	(Operating cash flow − cash purchases of PP&E) / revenue × 100A free-cash-flow proxy deducting only identified PP&E purchases. It does not deduct acquisitions, capital prepayments, intangible assets or lease principal, and does not establish cash distributable to common shareholders. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.	View full series ↗
Operating cash flow / net income	2.39 x	2025-12-31Research calculation	Operating cash flow / net income（Net income > 0）Examines cash conversion when earnings are positive. No multiple is calculated when net income is non-positive; taxes, non-cash charges and working capital can all cause divergence. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.	View full series ↗
Cash purchases of PP&E / revenue	9.56%	2025-12-31Research calculation	Cash purchases of PP&E / revenue × 100Identified cash purchases of PP&E, excluding non-cash additions. Maintenance and expansion investment are not separated. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.	View full series ↗
(Net income − operating cash flow) / revenue	-23.52%	2025-12-31Research calculation	(Net income − operating cash flow) / revenue × 100The amount difference divided by revenue. This is not the Sloan accrual ratio or an earnings-manipulation score. A positive value only indicates that earnings exceed operating cash flow for the same period. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.	View full series ↗

Source grades, dates and quantitative definitions

A = original SEC or exchange filings; B = company announcements, IR materials, official websites or established media; C = industry-structure inferences or third-party accounts without an independent primary source

Key relationships were reviewed using public information available through 2026-10-23. Historical relationships have not all been individually reverified. Their original dates are retained; delisted entities remain in the relationship archive but are excluded from market-cap weights. Review coverage through 2026-10-23.

Signed status does not mean that the full amount has been paid or that capacity has been delivered. Assess contract value, period revenue, investment, loans, prepayments and guarantee caps separately; do not sum them as a single exposure. Distinguish total power capacity from critical IT load. Company-level metrics cannot be attributed directly to an individual relationship.

Source facts and operating implications are distinguished, with forecasts and conditional scenarios identified as such. Missing relationships mean that this graph has no record of them. Data version 60aad2cdea0eff4f82e9dafe344d1e57aa2b950269b621d7e5bddfef10520644.

EVIDENCE & SOURCES

Data and calculation basis

Sources and filing versions

Quotes and valuation

2026-10-27, 16:00 ET · Regular-session close. History through 2026-10-23 uses provider split-adjusted prices, excluding dividends. Full-history adjustment factors have not been independently recalculated. MA20 is the arithmetic mean of 20 recorded trading-day closes and does not bridge missing prices or known corporate actions. Price comparisons exclude dividend reinvestment and do not represent total returns. Market cap retrieved on 2026-10-28. Prices refresh daily. Source timestamps and website update times are shown separately.

The current security identity has been checked. Continuity with earlier issuers has not been independently verified; listing-date coverage is shown separately.

Original verification notes

first-provider-observation-listing-date-not-verified

Current ticker/issuer checked across available sources. Earlier issuer continuity and first listing date are not independently established; provider first observation is not an IPO claim.

Nasdaq Quote source page Price-history source page

Financial statements

Reporting period 2025-12-31; filed 2026-03-19. Financials use the company's reporting periods and currency; unavailable values appear as —. Expand the section below each chart to inspect metric definitions, inputs and original sources.

SEC Company filings Raw financial data · JSON

Business evidence

Based on value-chain records; original operating disclosures are still needed.

Citations: 9 · Documents: 9

1CCJ 6-K Ex-99.1 (2025-10-28)Value-chain archive

CCJ 6-K Ex-99.1 (2025-10-28) · Document date unverified

Graph source summary; original documents have not been individually rechecked. Event dates and source-publication dates are listed separately.

Open source

2Cameco press release 2023-11-07 [B]Value-chain archive

Cameco press release 2023-11-07 [B] · Document date unverified

Graph source summary; original documents have not been individually rechecked. Event dates and source-publication dates are listed separately.

Open source

3CCJ 6-K Ex-99.1 (filed 2025-09-15; release dated 2025-09-12)Value-chain archive

CCJ 6-K Ex-99.1 (filed 2025-09-15; release dated 2025-09-12) · Document date unverified

Graph source summary; original documents have not been individually rechecked. Event dates and source-publication dates are listed separately.

Open source

4Cameco press release 2023-02-08 [B]Value-chain archive

Cameco press release 2023-02-08 [B] · Document date unverified

Graph source summary; original documents have not been individually rechecked. Event dates and source-publication dates are listed separately.

Open source

5Cameco press release 2023-04-04 [B]Value-chain archive

Cameco press release 2023-04-04 [B] · Document date unverified

Graph source summary; original documents have not been individually rechecked. Event dates and source-publication dates are listed separately.

Open source

6Cameco press release 2023-04-21 (signing ceremony 2023-04-20) [B]Value-chain archive

Cameco press release 2023-04-21 (signing ceremony 2023-04-20) [B] · Document date unverified

Graph source summary; original documents have not been individually rechecked. Event dates and source-publication dates are listed separately.

Open source

7CCJ 6-K Ex-99.1 (2026-06-01)Value-chain archive

CCJ 6-K Ex-99.1 (2026-06-01) · Document date unverified

Graph source summary; original documents have not been individually rechecked. Event dates and source-publication dates are listed separately.

Open source

8Cameco press release 2022-11-07 [B]Value-chain archive

Cameco press release 2022-11-07 [B] · Document date unverified

Graph source summary; original documents have not been individually rechecked. Event dates and source-publication dates are listed separately.

Open source

9Silex Systems ASX announcement (2026-09-14) 'GLE and Cameco execute exclusive Offtake Agreement' [B] · no Cameco press release or 6-K on this as of 2026-09-22 · WNN (2026-09-16) quotes the same announcementValue-chain archive

Silex Systems ASX announcement (2026-09-14) 'GLE and Cameco execute exclusive Offtake Agreement' [B] · no Cameco press release or 6-K on this as of 2026-09-22 · WNN (2026-09-16) quotes the same announcement · Document date unverified

Graph source summary; original documents have not been individually rechecked. Event dates and source-publication dates are listed separately.

Open source

Missing evidence

Primary-source coverage of the company’s standalone business analysis and falsification criteria is incomplete.
Company-specific operating KPIs are not yet available; financial ratios do not substitute for evidence about products, orders or capacity.

Unresolved business questions

Which products, customers and revenue categories can be independently verified from primary materials?: Existing relationship records do not represent the entire business; company-level primary evidence for segments, products, customer concentration and key operations remains incomplete.

Relationships: Company announcements, framework intentions and signed agreements are distinguished. Contract amounts do not represent payments already made. Records without sources are flagged separately.
Version: 60aad2cdea0eff4f82e9dafe344d1e57aa2b950269b621d7e5bddfef10520644