Long-term receivables, investments and other (Tables)	12 Months Ended
Dec. 31, 2025
Long-term receivables, investments and other [Abstract]
Long-term receivables, investments and other	2025 2024 Derivatives [note 25] 21,166 103 Investment tax credits 97,186 96,199 Amounts receivable related to tax dispute [note 20] (a) 209,125 209,125 Income tax receivable (b) 65,653 - Product loan (c) 288,294 288,294 Other 4,959 3,268 686,383 596,989 Less current portion (39,138) (1,093) Net $ 647,245 $ 595,896 (a) Cameco was required to remit or otherwise secure 50 % of the cash taxes and transfer pricing penalties, plus related interest and instalment penalties assessed, in relation to its dispute with Canada Revenue Agency (CRA). In light of our view of the likely outcome of the case, Cameco expects to recover the amounts remitted to CRA, including cash taxes, interest and penalties paid. (b) As a result of Cameco’s dispute with CRA, Cameco has drawn down the tax pools available to us and we were required to remit cash tax for the 2024 and 2025 tax years. Cameco expects to recover this amount. (c) Cameco loaned 5,400,000 pounds of uranium concentrate to its joint venture partner, Orano Canada Inc., (Orano). Orano is obligated to repay the Company in kind with uranium concentrate no later than December 31, 2028 . As at December 31, 2025, 3,000,000 pounds have been returned as repayment on this loan (December 31, 2024 - 3,000,000 pounds).

2025

2024

Derivatives [note 25]

21,166

103

Investment tax credits

97,186

96,199

Amounts receivable related to tax dispute [note 20]

(a)

209,125

Income tax receivable

(b)

65,653

Product loan

(c)

288,294

Other

4,959

3,268

686,383

596,989

Less current portion

(39,138)

(1,093)

Net

647,245

595,896

(a)

Cameco was required to remit or otherwise secure

% of the cash taxes and transfer pricing penalties, plus related

interest and instalment penalties assessed, in relation to its dispute with Canada Revenue Agency (CRA). In light of our view

of the likely outcome of the case, Cameco expects to recover the amounts remitted to CRA, including cash taxes, interest and

penalties paid.

(b) As a result of Cameco’s dispute with CRA, Cameco has drawn down the tax pools available to us and we were required to

remit cash tax for the 2024 and 2025 tax years. Cameco expects to recover this amount.

(c)

Cameco loaned

5,400,000

pounds of uranium concentrate to its joint venture partner, Orano Canada Inc., (Orano). Orano

is obligated to repay the Company in kind with uranium concentrate no later than

December 31, 2028

. As at December 31,

2025,

3,000,000

pounds have been returned as repayment on this loan (December 31, 2024 -

3,000,000

pounds).