Cameco Corp income statement
In fiscal 2025, Cameco Corp reported revenue of $2.49bn, up 8.9% on the year before, operating income of $443m (a 17.8% margin) and net income of $422m, or $0.97 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,838 | 1,663 | 1,615 | 1,404 | 1,342 | 1,177 | 1,437 | 1,918 | 2,290 | 2,493 |
| Cost of revenue | 1,206 | 1,327 | 1,387 | 1,222 | 1,263 | 1,176 | 1,257 | 1,502 | 1,718 | 1,798 |
| Gross profit | 350 | 336 | 228 | 182 | 79 | 2 | 179 | 416 | 571 | 695 |
| Research and development | 4 | 4 | 1 | 5 | 3 | 6 | 9 | 16 | 27 | 28 |
| General and administrative | 156 | 126 | 109 | 94 | 108 | 102 | 132 | 182 | 185 | 223 |
| Operating income | −107 | −98 | 54 | 70 | −59 | −109 | 12 | 210 | 372 | 443 |
| Interest expense | 56 | 56 | 56 | 48 | 32 | 31 | 31 | 38 | 62 | 37 |
| Income before tax | −117 | −160 | 31 | 102 | −29 | −83 | 65 | 361 | 187 | 556 |
| Income tax | −71 | −2 | −98 | 46 | 10 | −1 | −3 | 94 | 62 | 134 |
| Net income | −47 | −158 | 128 | 56 | −40 | −82 | 69 | 267 | 125 | 422 |
| Diluted EPS | −$0.12 | −$0.40 | $0.32 | $0.14 | −$0.10 | −$0.21 | $0.17 | $0.62 | $0.28 | $0.97 |
| Diluted shares (average) | 396m | 396m | 396m | 396m | 396m | 398m | 407m | 435m | 436m | 436m |
| EBITDA | 174 | 156 | 307 | 277 | 97 | 43 | 148 | 373 | 577 | 652 |
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