Cenovus Energy (CVE) Cost of Revenue (2009 - 2026)

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.

Cenovus Energy (CVE) Cost of Revenue (2009 - 2026) 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 12.20 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - -
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 28.27 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 64.53 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn - -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 4.56 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn - -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 38.31 Bn
10 Cenovus Energy 12.32 Bn 10.04 Bn 8.50 Bn 4.10 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 4.10 Bn
Jun 30, 2026 4.10 Bn
Mar 31, 2026 2.55 Bn
Mar 31, 2026 2.55 Bn
Dec 31, 2025 2.92 Bn
Dec 31, 2025 2.92 Bn
Sep 30, 2025 15.46 Bn
Sep 30, 2025 15.46 Bn
Jun 30, 2025 4.39 Bn
Jun 30, 2025 4.39 Bn
Mar 31, 2025 4.10 Bn
Mar 31, 2025 4.10 Bn
Dec 31, 2024 4.51 Bn
Dec 31, 2024 4.51 Bn
Sep 30, 2024 16.78 Bn
Sep 30, 2024 16.78 Bn
Jun 30, 2024 5.03 Bn
Jun 30, 2024 5.03 Bn
Mar 31, 2024 4.30 Bn
Mar 31, 2024 4.30 Bn