Filing Flows › Cameco (CCJ) › Q3 2026 › vs Q2 2026
Cameco (CCJ) Q3 2026 vs Q2 2026 (quarter over quarter)
Cameco's revenue fell $141M (-21%) from $659M in Q2 2026 to $518M in Q3 2026. The biggest changes: Americas −$87.3M (-28%); Europe −$28.6M (-14%); Asia −$24.8M (-18%). Operating margin 10.5% against 7.0% (+3.5 pts).
Cameco, Q3 2026: revenue $518M, operating margin 10.5%, net earnings $42.7M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 10.5% | 7.0% | +3.5 pts |
| Net margin | 8.2% | 3.8% | +4.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Americas | $224M | $312M | −$87.3M | -28% |
| Europe | $179M | $208M | −$28.6M | -14% |
| Asia | $114M | $139M | −$24.8M | -18% |
| Revenue | $518M | $659M | −$141M | -21% |
| Operating profit | $54.5M | $45.9M | $8.6M | +19% |
| Costs & expenses | $464M | $613M | −$149M | -24% |
| Pre-tax earnings | $54.5M | $45.9M | $8.6M | +19% |
| Cost of revenue | $355M | $442M | −$87.2M | -20% |
| Depreciation & amortization | $52.3M | $58.4M | −$6.1M | -10% |
| Other operating costs | $56.2M | $112M | −$56.0M | -50% |
| Net earnings | $42.7M | $25.2M | $17.5M | +69% |
| Income tax | $11.8M | $20.7M | −$8.9M | -43% |
Questions
How much did Cameco's revenue grow quarter over quarter in Q3 2026?
Cameco's revenue fell $141M (-21%) from $659M in Q2 2026 to $518M in Q3 2026.
What drove Cameco's revenue change in Q3 2026?
Americas −$87.3M (-28%); Europe −$28.6M (-14%); Asia −$24.8M (-18%).