Westinghouse Electric Corporation was Cameco’s largest segment in fiscal 2025, bringing in $3.46B of $3.48B (99%).
| Segment | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Westinghouse Electric Corporation | — | $521.07M | $2.89B | $3.46B | ||||||
| Uranium | $1.48B | $2.15B | $2.68B | $2.87B | ||||||
| Fuel Services | — | $425.56M | $459.15M | $562.42M | ||||||
| Nukem | — | — | — | — | ||||||
| Fuel Service | $365.06M | — | — | — | ||||||
| Other | $22.79M | $9.05M | — | $45.56M | ||||||
| Adjustments | — | -$521.07M | -$2.89B | -$3.46B | ||||||
| Total | $1.87B | $2.59B | $3.14B | $3.48B |
Cameco brought in $3.48B from its five segments in fiscal 2025, the year ended December 31, 2025. Cameco regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $3.14B. Westinghouse Electric Corporation was the largest at $3.46B (99.3%), ahead of Uranium at $2.87B (82.5%) and Fuel Services at $562.42M (16.2%). The remaining segment, Other, brought in $45.56M.
Compared with fiscal 2024, Fuel Services grew fastest, up 22.5% to $562.42M. Every segment above 2% of revenue grew.
Cameco began breaking out Westinghouse Electric Corporation in fiscal 2023, Fuel Services in fiscal 2023 and Adjustments in fiscal 2023. Cameco stopped reporting Fuel Service as a separate segment after fiscal 2022, when it brought in $365.06M. The total is net of Adjustments, which took $3.46B off revenue in fiscal 2025.
Ca was Cameco’s largest region in fiscal 2025, bringing in $3.03B of $3.48B (87%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ca | $994.53M | $1.88B | $2.50B | $3.03B | ||||||
| Us | $873.47M | $710.02M | $640.02M | $424.12M | ||||||
| Country Of Domicile | — | — | — | — | ||||||
| De | — | — | — | — | ||||||
| Ch | — | — | — | $23.16M | ||||||
| Total | $1.87B | $2.59B | $3.14B | $3.48B |
Cameco brought in $3.48B from its three regions in fiscal 2025, the year ended December 31, 2025. Cameco regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $3.14B. Ca was the largest at $3.03B (87.2%), ahead of Us at $424.12M (12.2%) and Ch at $23.16M (0.7%).
Compared with fiscal 2024, Ca grew 21.6% to $3.03B, while Us fell 33.7% to $424.12M.
Cameco (CCJ) reports its revenue by segment and by geography. In fiscal 2025, Westinghouse Electric Corporation was its largest segment, bringing in $3.46B (99.3% of the total), followed by Uranium at $2.87B (82.5%).
Westinghouse Electric Corporation was Cameco's largest segment in fiscal 2025, bringing in $3.46B, or 99.3% of the $3.48B total across its five segments.
Ca was Cameco's largest region in fiscal 2025, bringing in $3.03B, or 87.2% of the $3.48B total across its three regions.
Every figure comes from Cameco's annual financial filings, as reported. Each line keeps the name Cameco gives it, and years follow its fiscal calendar.
Cameco's revenue by segment goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.