Cameco (CCJ) Operating Expenses (2009 - 2026)
Cameco's (CCJ) quarterly Operating Expenses came in at $86.7 million in Q2 2026, down 9.42% on a YoY basis from $95.7 million in Q2 2025, and down 62.82% quarter-over-quarter from $233.2 million in Q1 2026.
Analysis
Cameco (CCJ) Operating Expenses (2009 - 2026) Analysis & Trends
Cameco (CCJ) has reported Operating Expenses for 18 consecutive years, with $86.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 9.42% year-over-year to $86.7 million; the trailing twelve-month figure through Jun 2026 stood at $457.7 million (down 16.64% YoY), and the FY2025 full-year result was $250.3 million, up 18.3% from the prior year.
- Operating Expenses retreated to $86.7 million in Q2 2026 per CCJ's latest filing, from $233.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $398.2 million in Q1 2024 and bottomed at $60.0 million in Q4 2025.
- Historically, Operating Expenses has averaged $166.3 million across 5 years, with a median of $146.8 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 496.09% in 2024, then plunged 74.16% in 2025.
- Over 5 years, Operating Expenses stood at $67.8 million in 2022, then jumped by 72.32% to $116.8 million in 2023, then slumped by 46.06% to $63.0 million in 2024, then declined by 4.76% to $60.0 million in 2025, then surged by 44.51% to $86.7 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $86.7 million, $233.2 million, and $60.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 43.86 Bn | 42.75 Bn | 190.14 Mn | 86.71 Mn |
| 2 | NexGen Energy | 6.28 Bn | 5.57 Bn | - | 301,459.84 |
| 3 | Uranium Energy | 5.72 Bn | 5.23 Bn | - | 40.79 Mn |
| 4 | Energy Fuels | 3.63 Bn | 2.70 Bn | 14.42 Mn | 55.68 Mn |
| 5 | Centrus Energy | 3.63 Bn | 1.76 Bn | 49.90 Mn | 37.00 Mn |
| 6 | Nano Nuclear Energy | 910.48 Mn | 331.09 Mn | - | 11.56 Mn |
| 7 | IsoEnergy | 607.48 Mn | 607.48 Mn | - | 769,709.38 |
| 8 | Ur-Energy | 549.28 Mn | 450.28 Mn | 1.89 Mn | 20.33 Mn |
| 9 | enCore Energy | 235.99 Mn | 161.96 Mn | -2.58 Mn | 26.92 Mn |
| 10 | Lightbridge | 107.63 Mn | 107.63 Mn | - | 7.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.71 Mn |
| Mar 31, 2026 | 233.20 Mn |
| Dec 31, 2025 | 60.00 Mn |
| Sep 30, 2025 | 77.78 Mn |
| Jun 30, 2025 | 95.73 Mn |
| Mar 31, 2025 | 323.50 Mn |
| Dec 31, 2024 | 63.00 Mn |
| Sep 30, 2024 | 66.84 Mn |
| Jun 30, 2024 | 370.50 Mn |
| Mar 31, 2024 | 398.20 Mn |
| Dec 31, 2023 | 116.79 Mn |
| Sep 30, 2023 | 197.10 Mn |
| Jun 30, 2023 | 62.16 Mn |
| Mar 31, 2023 | 179.60 Mn |
| Dec 31, 2022 | 67.78 Mn |
| Sep 30, 2022 | 218.06 Mn |
| Jun 30, 2022 | 176.79 Mn |
| Mar 31, 2022 | 200.30 Mn |
| Sep 30, 2021 | 95.87 Mn |
| Jun 30, 2021 | 203.20 Mn |