Cenovus Energy (CVE) Cost of Revenue (2009 - 2025)
Cenovus Energy (CVE) posted Cost of Revenue of $4.1 billion for Q2 2026, up 60.87% sequentially from $2.5 billion in Q1 2026, and down 6.64% YoY from $4.4 billion in Q2 2025.
Analysis
Cenovus Energy (CVE) Cost of Revenue (2009 - 2025) Analysis & Trends
Cenovus Energy has reported Cost of Revenue for 18 years, with the latest figure at $4.1 billion in Q2 2026.
- Quarterly Cost of Revenue fell 6.64% year-over-year to $4.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $25.0 billion (down 15.94% YoY) and the FY2025 annual result came in at $15.9 billion, down 16.78% from the prior year.
- Cost of Revenue rose to $4.1 billion in Q2 2026 per CVE's latest filing, from $2.5 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $20.7 billion in Q3 2022 and troughed at $2.5 billion in Q1 2026.
- A 5-year average of $7.6 billion and a median of $4.7 billion in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 290.02% in 2022, then sank 67.79% in 2023.
- Over 5 years, Cost of Revenue stood at $5.1 billion in 2022, then declined by 5.51% to $4.8 billion in 2023, then declined by 6.42% to $4.5 billion in 2024, then plunged by 35.29% to $2.9 billion in 2025, then soared by 40.47% to $4.1 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $4.1 billion, $2.5 billion, and $2.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | - |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 36.61 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 38.31 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | - |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | - |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 1.09 Bn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | - |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | - |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 601.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1.73 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Sep 30, 2024 | 1.86 Bn |
| Sep 30, 2024 | 1.86 Bn |
| Dec 31, 2023 | 662.55 Mn |
| Dec 31, 2023 | 662.55 Mn |
| Sep 30, 2023 | 1.77 Bn |
| Sep 30, 2023 | 1.77 Bn |
| Jun 30, 2023 | 474.22 Mn |
| Jun 30, 2023 | 474.22 Mn |
| Mar 31, 2023 | 440.86 Mn |
| Mar 31, 2023 | 440.86 Mn |
| Dec 31, 2022 | 644.62 Mn |
| Dec 31, 2022 | 644.62 Mn |
| Sep 30, 2022 | 3.06 Bn |
| Sep 30, 2022 | 3.06 Bn |
| Jun 30, 2022 | 2.17 Bn |
| Jun 30, 2022 | 2.17 Bn |
| Mar 31, 2022 | 935.53 Mn |
| Mar 31, 2022 | 935.53 Mn |