Canadian Natural Resources (CNQ) Cost of Revenue (2009 - 2026)
Canadian Natural Resources (CNQ) reported Cost of Revenue of $31.61 billion for the year ended Dec 31, 2025, up 4.3% from $30.32 billion a year earlier.
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Analysis
Canadian Natural Resources (CNQ) Cost of Revenue (2009 - 2026) Analysis & Trends
Dating back to the year ended Dec 31, 2015, Canadian Natural Resources' Cost of Revenue record includes 11 years.
- Cost of Revenue has a five-year compound annual growth rate of 22.1% (years ended Dec 2020 to Dec 2025).
- The figure for the year ended Dec 31, 2025 ranks as the highest annual Cost of Revenue since the year ended Dec 31, 2022.
- According to Business Quant data, Cost of Revenue came in at $30.32 billion in the year ended Dec 31, 2024 (+0.2%), $30.27 billion in the year ended Dec 31, 2023 (-20.6%), $38.1 billion in the year ended Dec 31, 2022 (+63.2%) and $23.34 billion in the year ended Dec 31, 2021 (+100.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | - |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 36.53 Bn |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | - |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | 35,205.00 |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | - |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 6.71 Bn |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 28.70 Bn |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 1.82 Bn |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 40.81 Bn |
| 10 | Suncor Energy | 83.77 Bn | 64.46 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.82 Bn |
| Jun 30, 2026 | 1.81 Bn |
| Mar 31, 2026 | 1.74 Bn |
| Dec 31, 2025 | 1.72 Bn |
| Sep 30, 2025 | 1.61 Bn |
| Jun 30, 2025 | 1.56 Bn |
| Mar 31, 2025 | 1.65 Bn |
| Dec 31, 2024 | 1.44 Bn |
| Sep 30, 2024 | 1.43 Bn |
| Jun 30, 2024 | 1.45 Bn |
| Mar 31, 2024 | 1.60 Bn |
| Dec 31, 2023 | 1.51 Bn |
| Sep 30, 2023 | 1.53 Bn |
| Jun 30, 2023 | 1.65 Bn |
| Mar 31, 2023 | 1.60 Bn |
| Dec 31, 2022 | 1.70 Bn |
| Sep 30, 2022 | 1.59 Bn |
| Jun 30, 2022 | 1.79 Bn |
| Mar 31, 2022 | 1.61 Bn |
| Dec 31, 2021 | 1.48 Bn |
API Access
Canadian Natural Resources Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CNQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();