SASKATOON — Cameco Corp. reported a drop in its revenue and profit in the second quarter compared with a year ago.
The company says its profit amounted to $25 million or six cents per diluted share for the quarter ended June 30.
The result was down from a profit of $321 million or 74 cents per diluted share in the second quarter of 2025.
Revenue totalled $814 million, down from $877 million in the same quarter last year.
On an adjusted basis, Cameco says it earned 18 cents per share in its latest quarter, down from an adjusted profit of 71 cents per diluted share a year earlier.
Cameco says its quarterly and first-half results were lower than in 20205 mainly because of equity earnings from its investment in Westinghouse Nuclear.
This report by The Canadian Press was first published July 31, 2026.
