Cameco Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,482	3,136	2,588	1,868	1,475
Revenue Growth (YoY)	11.04%	21.18%	38.53%	26.65%	-18.06%
Cost of Revenue	2,219	2,072	1,806	1,457	1,242
Gross Profit	1,263	1,063	781.99	410.67	232.71
Selling, General & Admin	311.25	253.15	245.54	166.53	127.57
Research & Development	38.47	36.54	21.04	12.18	7.17
Other Operating Expenses	12.33	-1.44	32.11	51.92	13.04
Operating Expenses	682.77	588.37	536.56	418.59	346.2
Operating Income	580.6	474.91	245.43	-7.92	-113.5
Interest Expense	-54.88	-92.04	-53.61	-46.65	-39.94
Interest & Investment Income	23.17	21.23	111.67	37.5	6.8
Earnings From Equity Investments	216.39	-10.84	154.46	93.99	68.28
Currency Exchange Gain (Loss)	-61.74	65.52	15.69	74.13	0.45
Other Non Operating Income (Expenses)	76.84	-201.02	15.7	-83.05	-3
EBT Excluding Unusual Items	780.38	257.76	489.34	68	-80.9
Merger & Restructuring Charges	-	-	-	-1.5	-
Gain (Loss) on Sale of Assets	-3.12	-1.04	-2.19	-0.51	-3.8
Legal Settlements	-	-	-	-4	-
Other Unusual Items	-	-	-	22.8	-19.15
Pretax Income	777.26	256.72	487.15	84.8	-103.86
Income Tax Expense	187.72	84.87	126.34	-4.47	-1.2
Earnings From Continuing Operations	589.54	171.84	360.82	89.26	-102.65
Minority Interest in Earnings	0.04	0.01	0.03	0.12	0.08
Net Income	589.58	171.85	360.85	89.38	-102.58
Net Income to Common	589.58	171.85	360.85	89.38	-102.58
Net Income Growth	243.07%	-52.38%	303.71%	-	-
Shares Outstanding (Basic)	435	435	433	405	398
Shares Outstanding (Diluted)	436	436	435	407	398
Shares Change (YoY)	-0.09%	0.14%	6.93%	2.39%	0.46%
EPS (Basic)	1.35	0.40	0.83	0.22	-0.26
EPS (Diluted)	1.35	0.39	0.83	0.22	-0.26
EPS Growth	246.15%	-53.01%	277.27%	-	-
Free Cash Flow	1,075	693.65	534.51	161.16	359.5
Free Cash Flow Per Share	2.47	1.59	1.23	0.40	0.90
Dividend Per Share	0.240	0.160	0.120	0.120	0.080
Dividend Growth	50.00%	33.33%	-	50.00%	-
Gross Margin	36.28%	33.91%	30.22%	21.98%	15.78%
Operating Margin	16.68%	15.14%	9.48%	-0.42%	-7.70%
Profit Margin	16.93%	5.48%	13.94%	4.78%	-6.95%
Free Cash Flow Margin	30.89%	22.12%	20.66%	8.63%	24.37%
EBITDA	911.29	789.34	502.9	196.32	96.5
EBITDA Margin	26.17%	25.17%	19.43%	10.51%	6.54%
D&A For EBITDA	330.69	314.43	257.47	204.24	209.99
EBIT	580.6	474.91	245.43	-7.92	-113.5
EBIT Margin	16.68%	15.14%	9.48%	-0.42%	-7.70%
Effective Tax Rate	24.15%	33.06%	25.93%	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.