Canadian Natural Resources (CNQ) Cost of Revenue (2016 - 2026)

Canadian Natural Resources' Cost of Revenue history spans 18 years, with the latest figure at $1.2 billion for Q1 2026.

  • On a quarterly basis, Cost of Revenue fell 5.93% to $1.2 billion in Q1 2026 year-over-year; TTM through Mar 2026 was $3.8 billion, a 18.26% decrease, with the full-year FY2025 number at $3.9 billion, down 9.34% from a year prior.
  • Cost of Revenue hit $1.2 billion in Q1 2026 for Canadian Natural Resources, up from $789.5 million in the prior quarter.
  • Over the last five years, Cost of Revenue for CNQ hit a ceiling of $1.8 billion in Q2 2022 and a floor of $679.0 million in Q1 2023.
  • Historically, Cost of Revenue has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2025.
  • Biggest five-year swings in Cost of Revenue: skyrocketed 276.15% in 2022 and later tumbled 61.17% in 2023.
  • Tracing CNQ's Cost of Revenue over 5 years: stood at $974.7 million in 2022, then decreased by 15.14% to $827.1 million in 2023, then soared by 38.13% to $1.1 billion in 2024, then tumbled by 30.9% to $789.5 million in 2025, then soared by 47.22% to $1.2 billion in 2026.
  • Business Quant data shows Cost of Revenue for CNQ at $1.2 billion in Q1 2026, $789.5 million in Q4 2025, and $1.1 billion in Q3 2025.