SASKATOON, Saskatchewan--(BUSINESS WIRE)--Cameco Corporation (TSX: CCO; NYSE: CCJ) announced today the renewal of its at-the-market equity program (the "ATM Program").

Cameco's ten-quarter record shows revenue peaking at $1.2B in 2025Q4 before moderating to $602.9M in 2026Q3, with gross margin compressing from 37.3% in 2025Q3 to 16.1% in 2026Q3, suggesting profitability is highly sensitive to uranium pricing and purchased-versus-produced pound mix.
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Revenue peaked at $1.2B in 2025Q4 and 2024Q4 before falling to $602.9M in 2026Q3, while operating margin compressed from 23.5% in 2025Q1 to 4.2%, suggesting earnings depend heavily on uranium delivery timing and pricing.
Cameco benefits from a structural uranium supply deficit, which supports higher uranium prices and strengthens its market position.
Cameco owns and operates high-grade uranium mines like McArthur River-Key Lake and Cigar Lake, which are among the world's largest and highest-grade uranium producers.
Accelerating global demand for nuclear power as a carbon-free energy source drives long-term growth for Cameco's uranium and nuclear fuel solutions.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
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Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 30, 2026 | -$0.00-101.4% vs $0.23 | $435M-18.2% vs $532M |
Q3 2026 Jul 31, 2026 | $0.13-50.0% vs $0.26 | $573M-1.1% vs $580M |
Q2 2026 May 5, 2026 | $0.34+17.2% vs $0.29 | $607M+1.5% vs $599M |
Q1 2026 Feb 13, 2026 | $0.36+24.1% vs $0.29 | $875M+8.5% vs $806M |
SASKATOON, Saskatchewan--(BUSINESS WIRE)--Cameco Corporation (TSX: CCO; NYSE: CCJ) announced today the renewal of its at-the-market equity program (the "ATM Program").

With demand for electricity growing at a rapid clip, nuclear power is increasingly important.
CCJ emphasizes uranium pricing discipline, tight nuclear fuel supplies and Westinghouse growth opportunities despite higher costs and weaker Q3 earnings.

CCJ's Q3 earnings miss, lower uranium sales and reduced 2026 outlook weigh on shares, while strong long-term fundamentals support a cautious hold strategy.

Benchmark CCJ against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Cameco Corporation (CCJ)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $71.30 | $31.05B | 110.49 | 10.95% | 11.46% | 6.02% | 0.24% | |
| $6.92 | $3.42B | -24.97 | -44.27% | -368.62% | -9.95% | — | |
| $0.74 | $295.26M | -3.34 | -19.28% | -252.34% | -110.66% | — | |
| $2.19 | $1.98B | -48.08 | 22.25% | -1436.72% | -18.22% | — | |
| $6.66 | $1.66B | -14.52 | -15.61% | -99.99% | -14.77% | — | |
| $0.63 | $122.38M | -1.96 | 1.51% | -112.82% | -23.47% | — |
Cameco Corporation (CCJ) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Cameco Corporation (CCJ) stock FAQ — growth, dividends, profitability & financials explained
Cameco Corporation (CCJ) reported $3.48B in revenue in fiscal year 2025, which is also its trailing twelve months. That is 489% more than the $590.9M of fiscal year 1996.
Cameco Corporation (CCJ) revenue fell by 0.1% over the trailing twelve months, compared with the twelve months before.
Yes. Cameco Corporation (CCJ) earned $396.8M in net income over the trailing twelve months (a 11.5% net margin).
Yes. Cameco Corporation (CCJ) pays a dividend that yields 0.24% at the current price, a small yield.
Cameco Corporation (CCJ) had a return on equity (ROE) of 6.0% over the trailing twelve months. That is below the market's typical 10-15%.
Cameco Corporation (CCJ) generated $337.5M in free cash flow over the trailing twelve months.