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Cameco vs Western Uranium & Vanadium: CCJ and WSTRF compared
Cameco is the larger company: $3.5B of revenue in its latest quarter (FY2025) against $200K for Western Uranium & Vanadium (Q2 2026). Western Uranium & Vanadium is growing faster (+554% against +11% a year earlier). Cameco is more profitable, with an operating margin of 17.8% against -608.6%.
Where the money goes: CCJ and WSTRF
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.
Western Uranium & Vanadium (WSTRF) · Q2 2026
Western Uranium & Vanadium, Q2 2026: revenue $200K (+554% year over year), operating margin -608.6%, net loss $1.2M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.
| Cameco (CCJ) | Western Uranium & Vanadium (WSTRF) | |
|---|---|---|
| Latest quarter | FY2025 | Q2 2026 |
| Revenue | $3.5B | $200K |
| Revenue growth, Y/Y | +11% | +554% |
| Gross margin | 27.9% | — |
| Operating margin | 17.8% | -608.6% |
| Net earnings | $590M | −$1.2M |
| Net margin | 16.9% | -582.3% |
| Operating cash flow | $1.4B | −$1.1M |
| Free cash flow | $1.1B | — |
Questions
Which is bigger, Cameco or Western Uranium & Vanadium?
Cameco is the larger company: $3.5B of revenue in its latest quarter (FY2025) against $200K for Western Uranium & Vanadium (Q2 2026).
Is Cameco or Western Uranium & Vanadium growing faster?
Western Uranium & Vanadium is growing faster (+554% against +11% a year earlier).
Which is more profitable, Cameco or Western Uranium & Vanadium?
Cameco is more profitable, with an operating margin of 17.8% against -608.6%.
More: Cameco earnings · how Cameco makes money · Western Uranium & Vanadium earnings · how Western Uranium & Vanadium makes money
From the companies' latest 10-Q, 10-K or earnings release (40-F filed Mar 19, 2026; 10-Q filed Aug 14, 2026). Fiscal quarters can end on different dates. Not investment advice.