Cenovus Energy (CVE) Cost of Revenue (2009 - 2026)
Cenovus Energy (CVE) posted Cost of Revenue of $2.5 billion for Q1 2026, down 12.68% sequentially from $2.9 billion in Q4 2025, and down 37.83% YoY from $4.1 billion in Q1 2025.
Cenovus Energy (CVE) Cost of Revenue (2009 - 2026) Analysis & Trends
Cenovus Energy (CVE) has 18 years of Cost of Revenue data on file, last reported at $2.5 billion in Q1 2026.
- Quarterly Cost of Revenue fell 37.83% year-over-year to $2.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.2 billion (down 22.79% YoY) and the FY2025 annual result came in at $15.9 billion, down 16.78% from the prior year.
- Cost of Revenue fell to $2.5 billion in Q1 2026 per CVE's latest filing, from $2.9 billion in the prior quarter.
- The five-year high for Cost of Revenue was $7.4 billion in Q2 2022, with the low at $2.5 billion in Q1 2026.
- Average Cost of Revenue over 5 years is $4.8 billion, with a median of $4.7 billion recorded in 2023.
- Year-over-year, Cost of Revenue surged 76.49% in 2022 and plunged 42.13% in 2023.
- Cenovus Energy's Cost of Revenue stood at $5.1 billion in 2022, then fell by 5.51% to $4.8 billion in 2023, then fell by 6.42% to $4.5 billion in 2024, then sank by 35.29% to $2.9 billion in 2025, then decreased by 12.68% to $2.5 billion in 2026.
- Business Quant data shows CVE's Cost of Revenue at $2.5 billion in Q1 2026, $2.9 billion in Q4 2025, and $5.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | - |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | 12.20 Bn |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 429.00 Mn |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | 27,347.00 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 28.27 Bn |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | - |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 207.85 Mn |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | 30.49 Mn |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | 10.01 Mn |
| 10 | Cenovus Energy | - | - | 6.46 Bn | 2.55 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 623.45 Mn |
| Sep 30, 2025 | 623.45 Mn |
| 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 | 681.01 Mn |
| Sep 30, 2024 | 681.01 Mn |
| 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 |