Canadian Natural Resources (CNQ) Gross Margin (2009 - 2026)

Canadian Natural Resources has disclosed Gross Margin across 18 years of filings, most recently posting 82.99% for Q2 2026.

• In Q2 2026, Gross Margin rose 781.0% year-over-year to 82.99%; the TTM figure through Jun 2026 stood at 78.69% (up 104.0% YoY), while the FY2025 annual figure was 76.38%, down 92.0% from the prior year.
• Gross Margin came in at 82.99% for Q2 2026 at Canadian Natural Resources, up from 77.91% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 87.01% in Q3 2023 to a low of 71.98% in Q2 2023.
• Average Gross Margin over 5 years is 80.39%, with a median of 79.47% recorded in 2024.
• Year-over-year, Gross Margin jumped 1368 bps in 2022 and tumbled 1146 bps in 2023.
• Over 5 years, Gross Margin stood at 84.55% in 2022, then increased by 2 bps to 85.86% in 2023, then declined by 8 bps to 78.79% in 2024, then retreated by 5 bps to 74.98% in 2025, then advanced by 11 bps to 82.99% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 82.99% in Q2 2026, 77.91% in Q1 2026, and 74.98% in Q4 2025.