Cameco (CCJ) Operating Expenses (2009 - 2025)
Cameco's Operating Expenses came in at $9.5 million for the quarter ended Jun 30, 2026, down 6.0% from $10.1 million a year earlier and down 93.0% from the prior quarter.
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Analysis
Cameco (CCJ) Operating Expenses (2009 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cameco reported Operating Expenses of $188.42 million, up 106.2% year-over-year; for the year ended Dec 31, 2025, it was $250.3 million, up 18.3% from the prior year.
- Operating Expenses carries a five-year compound annual growth rate of 17.6% (years ended Dec 2020 to Dec 2025).
- Going back by year, Operating Expenses was $211.59 million in the year ended Dec 31, 2024 (-32.9%), $315.42 million in the year ended Dec 31, 2023 (+48.5%), $212.45 million in the year ended Dec 31, 2022 (+21.7%) and $174.51 million in the year ended Dec 31, 2021 (+56.6%).
- The five-year range for quarterly Operating Expenses is -$17.44 million (the quarter ended Sep 30, 2025) to $136.36 million (the quarter ended Mar 31, 2026).
- Year-over-year, Operating Expenses increased in 1 of the last six quarters, with an average decline of 33.7%.
- The fastest year-over-year change in Operating Expenses over five years came in the quarter ended Mar 31, 2022 (growth of 418.8%), and the weakest in the quarter ended Mar 31, 2025 (a decline of 94.8%).
- Business Quant data shows CCJ's Operating Expenses at $136.36 million (quarter ended Mar 31, 2026), $60 million (quarter ended Dec 31, 2025) and -$17.44 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 35.76 Bn | 32.35 Bn | - | - |
| 2 | NexGen Energy | 5.02 Bn | 2.57 Bn | - | 5.44 Mn |
| 3 | Warrior Met Coal | 4.47 Bn | 3.17 Bn | 169.64 Mn | 415.17 Mn |
| 4 | Core Natural Resources | 4.41 Bn | 2.65 Bn | 252.03 Mn | 985.26 Mn |
| 5 | Uranium Energy | 3.85 Bn | 2.26 Bn | 10.03 Mn | 45.84 Mn |
| 6 | Alliance Resource Partners | 3.31 Bn | 3.01 Bn | 202.70 Mn | 455.98 Mn |
| 7 | Peabody Energy | 2.76 Bn | 562.24 Mn | - | 953.90 Mn |
| 8 | Centrus Energy | 2.18 Bn | -5.14 Bn | 49.90 Mn | 37.00 Mn |
| 9 | Energy Fuels | 2.07 Bn | -872.67 Mn | 14.42 Mn | 55.68 Mn |
| 10 | Alpha Metallurgical Resources | 2.03 Bn | 448.62 Mn | 49.19 Mn | 503.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -17.44 Mn |
| Jun 30, 2025 | 10.10 Mn |
| Sep 30, 2024 | 17.59 Mn |
| Jun 30, 2024 | 8.04 Mn |
| Dec 31, 2023 | 116.79 Mn |
| Dec 31, 2022 | 67.78 Mn |
| Jun 30, 2022 | 27.21 Mn |
| Mar 31, 2022 | 60.58 Mn |
| Sep 30, 2021 | 41.32 Mn |
| Jun 30, 2021 | 42.87 Mn |
| Mar 31, 2021 | 11.68 Mn |
| Sep 30, 2020 | 30.91 Mn |
| Sep 30, 2016 | 40.04 Mn |
| Jun 30, 2016 | 62.39 Mn |
| Mar 31, 2016 | 53.14 Mn |
| Dec 31, 2015 | 56.74 Mn |
| Sep 30, 2015 | 41.69 Mn |
| Jun 30, 2015 | 50.91 Mn |
| Mar 31, 2015 | 44.06 Mn |
| Dec 31, 2014 | 56.19 Mn |
API Access
Cameco Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CCJ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CCJ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CCJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();