Cameco (CCJ) Gross Margin (2009 - 2026)
Cameco's (CCJ) quarterly Gross Margin came in at 22.72% in Q4 2025, up 162.0% YoY from 8.67% in Q4 2024, and down 18.0% on a QoQ basis from 27.7% in Q3 2025.
Cameco (CCJ) Gross Margin (2009 - 2026) Analysis & Trends
Cameco (CCJ) has 17 years of Gross Margin data on file, last reported at 22.72% in Q4 2025.
- Quarterly Gross Margin rose 162.0% year-over-year to 22.72% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 27.83% (up 283.0% YoY) and the FY2025 annual result came in at 27.87%, up 291.0% from the prior year.
- Gross Margin slipped to 22.72% in Q4 2025, from 27.7% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 34.22% in Q1 2025 to a low of 13.72% in Q1 2021.
- A 5-year average of 17.47% and a median of 21.91% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2021 — Gross Margin plunged 2398 bps — and 2022, when it jumped 2624 bps.
- Tracing CCJ's Gross Margin over 5 years: stood at 12.02% in 2021, then gained by 4 bps to 12.48% in 2022, then climbed by 26 bps to 15.73% in 2023, then soared by 34 bps to 21.1% in 2024, then grew by 8 bps to 22.72% in 2025.
- The last three Gross Margin figures came in at 22.72% (Q4 2025), 27.7% (Q3 2025), and 29.31% (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 41.56 Bn | 40.13 Bn | 218.02 Mn | 35.68% |
| 2 | NexGen Energy | 6.79 Bn | 6.79 Bn | - | - |
| 3 | Uranium Energy | 5.49 Bn | 5.01 Bn | - | - |
| 4 | Centrus Energy | 3.50 Bn | 1.63 Bn | 49.90 Mn | 28.34% |
| 5 | Energy Fuels | 3.47 Bn | 2.54 Bn | 14.42 Mn | 57.42% |
| 6 | Denison Mines | 2.85 Bn | -451.87 Bn | - | - |
| 7 | IsoEnergy | 625.98 Mn | 537.16 Mn | - | - |
| 8 | Uranium Royalty | 587.44 Mn | 487.44 Mn | 3.43 Mn | 28.66% |
| 9 | Ur-Energy | 532.59 Mn | 433.58 Mn | 1.89 Mn | 13.18% |
| 10 | enCore Energy | 202.97 Mn | 128.94 Mn | -2.58 Mn | -16.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 35.68% |
| Dec 31, 2025 | 22.72% |
| Sep 30, 2025 | 27.70% |
| Jun 30, 2025 | 29.31% |
| Mar 31, 2025 | 34.22% |
| Dec 31, 2024 | 21.10% |
| Sep 30, 2024 | 23.71% |
| Jun 30, 2024 | 29.30% |
| Mar 31, 2024 | 29.49% |
| Dec 31, 2023 | 15.73% |
| Sep 30, 2023 | 26.39% |
| Jun 30, 2023 | 22.82% |
| Mar 31, 2023 | 24.34% |
| Dec 31, 2022 | 12.48% |
| Sep 30, 2022 | 6.47% |
| Jun 30, 2022 | 16.67% |
| Mar 31, 2022 | 12.52% |
| Dec 31, 2021 | 12.02% |
| Sep 30, 2021 | -7.23% |
| Jun 30, 2021 | 3.34% |