Canadian Natural Resources (CNQ) Cost of Revenue (2009 - 2026)

Canadian Natural Resources has reported Cost of Revenue for 18 years, with the latest figure at $1.2 billion in Q1 2026.

• Quarterly Cost of Revenue fell 5.93% year-over-year to $1.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.8 billion (down 18.26% YoY) and the FY2025 annual result came in at $3.9 billion, down 9.51% from the prior year.
• Cost of Revenue rose to $1.2 billion in Q1 2026 per CNQ's latest filing, from $789.5 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $1.8 billion in Q2 2022 and troughed at $679.0 million in Q1 2023.
• A 5-year average of $1.1 billion and a median of $1.1 billion in 2025 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 276.15% in 2022, then slumped 61.17% in 2023.
• Over 5 years, Cost of Revenue stood at $974.7 million in 2022, then slipped by 15.14% to $827.1 million in 2023, then jumped by 38.13% to $1.1 billion in 2024, then tumbled by 30.9% to $789.5 million in 2025, then jumped by 47.22% to $1.2 billion in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $1.2 billion, $789.5 million, and $1.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.