Cameco (CCJ) Operating Expenses (2009 - 2026)
Cameco's (CCJ) quarterly Operating Expenses came in at $74.2 million in Q4 2025, up 18.88% YoY from $62.4 million in Q4 2024, and up 31.2% on a QoQ basis from $56.5 million in Q3 2025.
Cameco (CCJ) Operating Expenses (2009 - 2026) Analysis & Trends
Cameco (CCJ) has 17 years of Operating Expenses data on file, last reported at $74.2 million in Q4 2025.
- Quarterly Operating Expenses rose 18.88% year-over-year to $74.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $250.5 million (up 18.52% YoY) and the FY2025 annual result came in at $250.3 million, up 18.3% from the prior year.
- Operating Expenses improved to $74.2 million in Q4 2025, from $56.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $74.2 million in Q4 2025 to a low of $9.2 million in Q1 2021.
- A 5-year average of $45.3 million and a median of $48.6 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2021 — Operating Expenses slumped 64.11% — and 2022, when it surged 418.35%.
- Tracing CCJ's Operating Expenses over 5 years: stood at $30.8 million in 2021, then retreated by 27.02% to $22.5 million in 2022, then soared by 93.69% to $43.6 million in 2023, then jumped by 43.13% to $62.4 million in 2024, then grew by 18.88% to $74.2 million in 2025.
- The last three Operating Expenses figures came in at $74.2 million (Q4 2025), $56.5 million (Q3 2025), and $69.1 million (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 41.56 Bn | 40.13 Bn | 218.02 Mn | 98.58 Mn |
| 2 | NexGen Energy | 6.79 Bn | 6.79 Bn | - | 301,459.84 |
| 3 | Uranium Energy | 5.49 Bn | 5.01 Bn | - | 40.79 Mn |
| 4 | Centrus Energy | 3.50 Bn | 1.63 Bn | 49.90 Mn | 37.00 Mn |
| 5 | Energy Fuels | 3.47 Bn | 2.54 Bn | 14.42 Mn | 55.68 Mn |
| 6 | Denison Mines | 2.85 Bn | -451.87 Bn | - | -1.06 Mn |
| 7 | IsoEnergy | 625.98 Mn | 537.16 Mn | - | 769,709.38 |
| 8 | Uranium Royalty | 587.44 Mn | 487.44 Mn | 3.43 Mn | -549,074.11 |
| 9 | Ur-Energy | 532.59 Mn | 433.58 Mn | 1.89 Mn | 20.33 Mn |
| 10 | enCore Energy | 202.97 Mn | 128.94 Mn | -2.58 Mn | 26.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 98.58 Mn |
| Dec 31, 2025 | 74.15 Mn |
| Sep 30, 2025 | 56.52 Mn |
| Jun 30, 2025 | 69.09 Mn |
| Mar 31, 2025 | 50.74 Mn |
| Dec 31, 2024 | 62.38 Mn |
| Sep 30, 2024 | 43.87 Mn |
| Jun 30, 2024 | 53.80 Mn |
| Mar 31, 2024 | 51.30 Mn |
| Dec 31, 2023 | 43.58 Mn |
| Sep 30, 2023 | 54.72 Mn |
| Jun 30, 2023 | 46.27 Mn |
| Mar 31, 2023 | 50.48 Mn |
| Dec 31, 2022 | 22.50 Mn |
| Sep 30, 2022 | 49.28 Mn |
| Jun 30, 2022 | 21.34 Mn |
| Mar 31, 2022 | 47.83 Mn |
| Dec 31, 2021 | 30.83 Mn |
| Sep 30, 2021 | 32.82 Mn |
| Jun 30, 2021 | 34.88 Mn |