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Revenue by Segment
Shows how much revenue each business segment generates, highlighting which areas are driving growth and which might need strategic adjustments.Cameco’s revenue mix has shifted from uranium‑dominant to a two‑pillar profile—Uranium remains a steady cash engine but recent spikes reflect delivery timing and higher volumes, while Westinghouse has become a material, often‑lumpy revenue source since late‑2023. That diversification reduces pure commodity exposure and adds upside from U.S. reactor builds, yet management warns 2026 won’t replicate 2025’s large Westinghouse distributions. Fuel Services is improving on tight conversion markets but faces inflationary cost pressure, so near‑term margin gains may be muted despite stronger top‑line visibility from long‑term contracts.
Date | Uranium | Fuel Services | Westinghouse |
|---|---|---|---|
Jun 30, 2026 | C$659.00M | C$152.00M | C$863.00M |
Mar 31, 2026 | C$712.00M | C$134.00M | C$868.00M |
Dec 31, 2025 | C$1.03B | C$174.00M | C$958.00M |
Sep 30, 2025 | C$523.25M | C$91.30M | C$697.01M |
Jun 30, 2025 | C$705.00M | C$162.00M | C$1.03B |
Mar 31, 2025 | C$619.00M | C$135.00M | C$770.00M |
Dec 31, 2024 | C$1.03B | C$148.00M | C$841.00M |
Sep 30, 2024 | C$600.00M | C$120.00M | C$726.00M |
Jun 30, 2024 | C$481.00M | C$118.00M | C$670.00M |
Mar 31, 2024 | C$561.00M | C$72.00M | C$656.00M |