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

Cenovus Energy's (CVE) quarterly Cost of Revenue came in at $2.5 billion in Q1 2026, down 37.83% year-on-year from $4.1 billion in Q1 2025, and down 12.68% quarter-over-quarter from $2.9 billion in Q4 2025.

Cenovus Energy (CVE) Cost of Revenue (2009 - 2026) Analysis & Trends

Cenovus Energy has disclosed Cost of Revenue across 18 years of filings, most recently posting $2.5 billion for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $2.5 billion, down 37.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.2 billion (down 22.79% YoY), and the FY2025 annual result was $15.9 billion, down 15.09% from the prior year.
  • Cost of Revenue came in at $2.5 billion for Q1 2026 at Cenovus Energy, down from $2.9 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $7.4 billion in Q2 2022 to a low of $2.5 billion in Q1 2026.
  • The 5-year median for Cost of Revenue is $4.7 billion (2023), against an average of $4.8 billion.
  • Across the five-year window, Cost of Revenue jumped 76.49% in 2022 and slumped 42.13% in 2023, its largest moves.
  • Cenovus Energy's Cost of Revenue stood at $5.1 billion in 2022, then slipped by 5.51% to $4.8 billion in 2023, then slipped by 6.42% to $4.5 billion in 2024, then plunged by 35.29% to $2.9 billion in 2025, then declined by 12.68% to $2.5 billion in 2026.
  • The last three Cost of Revenue figures came in at $2.5 billion (Q1 2026), $2.9 billion (Q4 2025), and $5.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn 12.20 Bn
2 Exxon Mobil 629.96 Bn 628.14 Bn - -
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 27,347.00
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 28.27 Bn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 2.55 Bn
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - -
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 3.80 Bn
10 Imperial Oil 42.92 Bn 42.17 Bn - -

Historic Data

Download Data
DateValue
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 5.32 Bn
Sep 30, 2025 5.32 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 6.02 Bn
Sep 30, 2024 6.02 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
Dec 31, 2023 4.82 Bn
Dec 31, 2023 4.82 Bn