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Cameco (CCJ) operating margin by quarter

Cameco's operating margin was 10.5% in Q3 2026 (third quarter 2026), +3.5 pts from Q2 2026. Over the last 4 quarters it ranged from 7.0% (Q2 2026) to 22.9% (Q1 2026).

Cameco operating margin by quarterCameco operating margin by quarter16.6%Q4 202522.9%Q1 20267.0%Q2 202610.5%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202610.5%+3.5 pts—
Q2 20267.0%-15.9 pts—
Q1 202622.9%+6.3 pts—
Q4 202516.6%——

Q3 2026 at a glance

Cameco, Q3 2026: revenue $518M, operating margin 10.5%, net earnings $42.7M. The chart follows the revenue to costs, profit and cash.

Questions

What is Cameco's operating margin?

Cameco's operating margin was 10.5% in Q3 2026 (third quarter 2026), +3.5 pts from Q2 2026.

How has Cameco's operating margin changed?

Over the last 4 quarters it ranged from 7.0% (Q2 2026) to 22.9% (Q1 2026).

Q3 2026 results → · How Cameco makes money →