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Cameco Corporation

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Total Revenue 1.2B 614.6M 877.0M 789.4M 1.2B
Operating Revenue 1.2B 614.6M 877.0M 789.4M 1.2B
Cost Of Revenue 928.1M 444.3M 619.9M 519.3M 933.6M
Gross Profit 272.8M 170.2M 257.1M 270.1M 249.6M
Selling General And Administration 88.5M 67.5M 96.4M 58.8M 76.7M
General And Administrative Expense 88.5M 67.5M 96.4M 58.8M 76.7M
Research And Development 14.9M 10.3M -708,000 14.0M 10.4M
Other Operating Expenses -34.9M 10.0M -4.6M 9.3M -18.6M
Operating Expense 68.5M 87.7M 91.1M 82.1M 68.6M
Operating Income 204.3M 82.5M 166.0M 188.0M 181.0M
EBIT 300.9M 28.7M 414.4M 148.6M 159.3M
Interest Expense 54.4M 13.0M 22.4M 25.5M 26.0M
Interest Expense Non Operating 54.4M 13.0M 22.4M 25.5M 26.0M
Interest Income 7.3M 6.8M 5.4M 3.7M 3.1M
Interest Income Non Operating 7.3M 6.8M 5.4M 3.7M 3.1M
Net Interest Income -52.7M -10.9M -21.6M -26.4M -27.5M
Other Income Expense 94.8M -55.9M 247.6M -38.5M -20.2M
Other Non Operating Income Expenses 340,000 330,000 382,000 404,000 911,000
Special Income Charges -1.1M 204,000 -13,000 -2.2M 14,000
Gain On Sale Of Security 24.4M -40.1M 58.8M -9.8M -86.3M
Earnings From Equity Interest 71.1M -16.3M 188.4M -26.9M 65.1M
Pretax Income 246.4M 15.7M 392.0M 123.2M 133.3M
Tax Provision 47.4M 15.9M 71.1M 53.4M -2.1M
Tax Effect Of Unusual Items 4.5M -6.0M 10.7M -1.8M -12.9M
Net Income From Continuing And Discontinued Operation 199.1M -141,000 320.9M 69.8M 135.5M
Net Income From Continuing Operation Net Minority Interest 199.1M -141,000 320.9M 69.8M 135.5M
Net Income Including Noncontrolling Interests 199.1M -158,000 320.9M 69.8M 135.5M
Minority Interests 3,000 17,000 3,000 12,000 4,000
Net Income Common Stockholders 199.1M -141,000 320.9M 69.8M 135.5M
Net Income 199.1M -141,000 320.9M 69.8M 135.5M
EBITDA 387.8M 87.8M 500.8M 209.2M 263.8M
Normalized EBITDA 364.5M 127.7M 442.1M 221.2M 350.1M
Reconciled Depreciation 86.9M 59.1M 86.5M 60.6M 104.5M
Basic EPS -- -- 0.74 0.16 --
Diluted EPS -- -- 0.74 0.16 --
Basic Average Shares -- -- 435.3M 435.3M --
Diluted Average Shares -- -- 435.3M 435.5M --
Total Unusual Items 23.3M -39.9M 58.8M -12.0M -86.3M
Total Unusual Items Excluding Goodwill 23.3M -39.9M 58.8M -12.0M -86.3M
Tax Rate For Calcs 0.19 0.15 0.18 0.15 0.15
Normalized Income 180.2M 33.8M 272.8M 80.0M 208.8M
Diluted NI Availto Com Stockholders 199.1M -141,000 320.9M 69.8M 135.5M
Gain On Sale Of Ppe -1.1M 204,000 -13,000 -2.2M 14,000
Net Income Continuous Operations 199.1M -158,000 320.9M 69.8M 135.5M
Net Non Operating Interest Income Expense -52.7M -10.9M -21.6M -26.4M -27.5M
Other Gand A 88.5M 67.5M 96.4M 58.8M 76.7M
Reconciled Cost Of Revenue 928.1M 444.3M 619.9M 519.3M 933.6M
Total Expenses 996.6M 532.0M 711.1M 601.4M 1.0B
Total Operating Income As Reported 173.3M 93.0M 166.0M 185.8M 181.0M
Total Other Finance Cost 5.5M 4.7M 4.6M 4.6M 4.6M
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Cash And Cash Equivalents 1.1B 778.7M 716.3M 361.5M 600.5M
Cash Cash Equivalents And Short Term Investments 1.2B 778.7M 716.3M 361.5M 600.5M
Other Short Term Investments 99.6M -- -- -- 0.00
Accounts Receivable 338.4M 190.9M 291.1M 149.3M 309.6M
Receivables 411.4M 209.7M 351.5M 185.4M 350.5M
Inventory 1.0B 900.0M 734.2M 953.2M 972.3M
Current Assets 2.6B 1.9B 1.8B 1.5B 1.9B
Gross PPE 10.0B -- -- -- 9.7B
Accumulated Depreciation -6.6B -- -- -- -6.5B
Net PPE 3.3B 3.3B 3.3B 3.3B 3.3B
Goodwill And Other Intangible Assets 36.2M 37.1M 37.8M 39.1M 39.8M
Other Intangible Assets 36.2M -- -- -- 39.8M
Investments And Advances 3.0B 3.1B 3.1B 3.2B 3.2B
Long Term Equity Investment 3.0B 3.1B 3.1B 3.2B 3.2B
Other Non Current Assets 647.2M 661.1M 659.5M 597.1M 595.9M
Total Non Current Assets 7.7B 7.9B 7.8B 7.9B 8.0B
Total Assets 10.3B 9.7B 9.6B 9.4B 9.9B
Current Debt -- -- -- -- 285.7M
Current Debt And Capital Lease Obligation -- -- -- -- 285.7M
Accounts Payable 190.7M 402.7M 434.9M 346.2M 129.8M
Payables 887.9M 408.0M 435.4M 346.9M 640.3M
Payables And Accrued Expenses 887.9M 408.0M 435.4M 346.9M 640.3M
Other Current Liabilities 134.7M 179.3M 127.5M 164.0M 221.8M
Current Liabilities 1.1B 631.4M 608.9M 554.6M 1.2B
Long Term Debt 996.3M 996.2M 996.0M 995.7M 995.6M
Long Term Debt And Capital Lease Obligation 996.3M 996.2M 996.0M 995.7M 995.6M
Other Non Current Liabilities 378.0M 358.6M 281.5M 338.6M 363.5M
Total Non Current Liabilities Net Minority Interest 2.3B 2.3B 2.2B 2.3B 2.4B
Total Liabilities Net Minority Interest 3.4B 3.0B 2.8B 2.9B 3.5B
Common Stock 2.9B 2.9B 2.9B 2.9B 2.9B
Capital Stock 2.9B 2.9B 2.9B 2.9B 2.9B
Additional Paid In Capital 211.4M 208.9M 206.6M 204.5M 210.8M
Retained Earnings 3.6B 3.5B 3.5B 3.2B 3.1B
Common Stock Equity 6.9B 6.8B 6.7B 6.5B 6.4B
Stockholders Equity 6.9B 6.8B 6.7B 6.5B 6.4B
Total Equity Gross Minority Interest 6.9B 6.8B 6.7B 6.5B 6.4B
Minority Interest 15,000 18,000 10,000 14,000 26,000
Total Capitalization 7.9B 7.8B 7.7B 7.5B 7.4B
Net Tangible Assets 6.9B 6.7B 6.7B 6.5B 6.3B
Tangible Book Value 6.9B 6.7B 6.7B 6.5B 6.3B
Working Capital 1.6B 1.3B 1.2B 945.6M 737.4M
Invested Capital 7.9B 7.8B 7.7B 7.5B 7.4B
Total Debt 996.3M 996.2M 996.0M 995.7M 1.3B
Net Debt -- 217.5M 279.7M 634.3M 395.1M
Share Issued 435.5M 435.4M 435.4M 435.3M 435.3M
Ordinary Shares Number 435.5M 435.4M 435.4M 435.3M 435.3M
Construction In Progress 355.8M -- -- -- 265.7M
Current Provisions 47.6M 44.2M 46.0M 43.6M 38.0M
Dueto Related Parties Current 553.6M -- -- -- 367.6M
Finished Goods 181.4M 184.6M 585.7M 800.0M 146.6M
Investmentsin Associatesat Cost -- 253.3M 243.0M 333.4M --
Investmentsin Joint Venturesat Cost -- 2.9B 2.9B 2.8B --
Land And Improvements 5.3B -- -- -- 5.3B
Leases 9.5M -- -- -- 7.7M
Line Of Credit -- 0.00 0.00 0.00 285.7M
Long Term Provisions 953.4M 972.6M 953.7M 1.0B 997.8M
Machinery Furniture Equipment 3.2B -- -- -- 3.1B
Non Current Deferred Assets 666.5M 700.9M 715.3M 788.7M 843.1M
Non Current Deferred Taxes Assets 666.5M 700.9M 715.3M 788.7M 843.1M
Other Equity Interest 144.9M 144.7M 108.2M 182.8M 118.9M
Other Inventories 2.4M 991,000 984,000 1.0M 458,000
Other Payable 127.1M -- -- -- 121.6M
Other Properties 290,000 -- -- -- 507,000
Other Receivables 44.7M 7.0M 37.1M 1.2M 9.6M
Raw Materials 829.6M 714.3M 147.5M 152.2M 825.2M
Restricted Cash -- -- -- -- --
Taxes Receivable 28.3M 11.8M 23.4M 34.9M 31.3M
Total Tax Payable 16.5M 5.3M 500,000 704,000 21.2M
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Operating Cash Flow 677.3M 155.7M 465.2M 110.2M 529.7M
Cash Flow From Continuing Operating Activities 677.3M 155.7M 465.2M 110.2M 529.7M
Depreciation And Amortization 86.9M 59.1M 86.5M 60.6M 104.5M
Depreciation Amortization Depletion 86.9M 59.1M 86.5M 60.6M 104.5M
Stock Based Compensation 2.8M 2.4M 2.4M 2.1M 2.0M
Deferred Tax 47.4M 15.9M 71.1M 53.4M -2.1M
Deferred Income Tax 47.4M 15.9M 71.1M 53.4M -2.1M
Change In Working Capital 190.9M 18.5M 107.8M -80.2M 251.6M
Changes In Account Receivables -169.0M 100.4M -143.9M 197.3M -40.0M
Change In Receivables -169.0M 100.4M -143.9M 197.3M -40.0M
Change In Inventory -118.0M -34.8M 162.8M 10.2M 33.5M
Change In Payables And Accrued Expense 477.9M -47.0M 88.9M -287.6M 258.2M
Other Non Cash Items 17.0M 9.5M 16.5M -34.1M 27.7M
Capital Expenditure -109.1M -92.5M -74.9M -56.5M -64.4M
Purchase Of PPE -109.1M -92.5M -74.9M -56.5M -64.4M
Net PPE Purchase And Sale -109.0M -92.5M -74.9M -56.4M -64.2M
Sale Of Investment -- -- -- -- --
Net Investment Purchase And Sale -- -- -- -- 0.00
Investing Cash Flow -208.6M -93.6M -73.9M -57.4M -66.3M
Cash Flow From Continuing Investing Activities -208.6M -93.6M -73.9M -57.4M -66.3M
Issuance Of Debt 0.00 0.00 0.00 -- 0.00
Repayment Of Debt -375,000 -628,000 -1.1M -285.8M -489,000
Net Issuance Payments Of Debt -375,000 -628,000 -1.1M -285.8M -489,000
Issuance Of Capital Stock 773,000 300,000 1.0M 73,000 1.9M
Net Common Stock Issuance 773,000 300,000 1.0M 73,000 1.9M
Financing Cash Flow -125.6M -4.2M -21.5M -291.6M -94.5M
Cash Flow From Continuing Financing Activities -125.6M -4.2M -21.5M -291.6M -94.5M
Effect Of Exchange Rate Changes -6.9M 4.5M -15.0M -152,000 34.4M
Changes In Cash 343.2M 57.9M 369.8M -238.8M 368.9M
Beginning Cash Position 778.7M 716.3M 361.5M 600.5M 197.1M
End Cash Position 1.1B 778.7M 716.3M 361.5M 600.5M
Free Cash Flow 568.2M 63.2M 390.3M 53.7M 465.3M
Cash Dividends Paid -104.5M 0.00 0.00 0.00 -69.6M
Common Stock Issuance 773,000 300,000 1.0M 73,000 1.9M
Dividend Received Cfo 240.0M 0.00 137.0M 69.7M 0.00
Earnings Losses From Equity Investments -71.1M 16.3M -188.4M 26.9M -65.1M
Gain Loss On Investment Securities -35.2M 66.0M -163.5M -13.0M 133.4M
Interest Paid Cff -21.5M -3.9M -21.4M -5.9M -26.3M
Interest Received Cfo 7.3M 6.8M 5.4M 3.7M 3.1M
Long Term Debt Issuance 0.00 0.00 0.00 -- 0.00
Long Term Debt Payments -375,000 -628,000 -1.1M -285.8M -489,000
Net Foreign Currency Exchange Gain Loss 1.6M -29.7M 88.9M 871,000 -58.2M
Net Income From Continuing Operations 199.1M -158,000 320.9M 69.8M 135.5M
Net Long Term Debt Issuance -375,000 -628,000 -1.1M -285.8M -489,000
Net Other Financing Charges -- -- 18,000 8,000 --
Net Other Investing Changes 0.00 -1.1M 931,000 -954,000 -2.2M
Operating Gains Losses -103.6M 52.4M -263.0M 16.9M 10.1M
Sale Of PPE 134,000 32,000 56,000 23,000 247,000
Taxes Refund Paid -10.4M -8.8M -19.3M -51.8M -2.6M
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