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Cameco vs Uranium Energy: CCJ and UEC compared
Cameco is the larger company: $3.5B of revenue in its latest quarter (FY2025) against $17.1M for Uranium Energy (Q4 FY26). Cameco is more profitable, with an operating margin of 17.8% against -228.6%.
Where the money goes: CCJ and UEC
Cameco (CCJ) · FY2025
Cameco, FY2025: revenue $3.5B (+11% year over year), operating margin 17.8%, net earnings $590M, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
Uranium Energy (UEC) · Q4 FY26
Uranium Energy, Q4 FY26: revenue $17.1M, operating margin -228.6%, net loss $60.7M, operating cash flow −$8.5M. The chart follows the revenue to costs, profit and cash.
| Cameco (CCJ) | Uranium Energy (UEC) | |
|---|---|---|
| Latest quarter | FY2025 | Q4 FY26 |
| Revenue | $3.5B | $17.1M |
| Revenue growth, Y/Y | +11% | — |
| Gross margin | 27.9% | — |
| Operating margin | 17.8% | -228.6% |
| Net earnings | $590M | −$60.7M |
| Net margin | 16.9% | -355.9% |
| Operating cash flow | $1.4B | −$8.5M |
| Free cash flow | $1.1B | — |
| Market value | — | $4.5B |
| Analysts’ mean target | — | $16.03 |
Questions
Which is bigger, Cameco or Uranium Energy?
Cameco is the larger company: $3.5B of revenue in its latest quarter (FY2025) against $17.1M for Uranium Energy (Q4 FY26).
Is Cameco or Uranium Energy growing faster?
Cameco is more profitable, with an operating margin of 17.8% against -228.6%.
More: Cameco earnings · how Cameco makes money · Uranium Energy earnings · how Uranium Energy makes money
From the companies' latest 10-Q, 10-K or earnings release (40-F filed Mar 19, 2026; 10-K filed Sep 29, 2026). Fiscal quarters can end on different dates. Not investment advice.