Cenovus Energy CVE
NYSE CVE
$32.62 -0.30 (-0.91%)
At close: Sep 18, 2026 · 4:00 PM EDT

Cenovus Energy (CVE) Cost of Revenue (2009 - 2025)

Cenovus Energy's (CVE) quarterly Cost of Revenue came in at $480.4 million in Q4 2025, down 26.57% year-over-year from $654.3 million in Q4 2024, and down 72.28% quarter-over-quarter from $1.7 billion in Q3 2025.

Analysis

Cenovus Energy (CVE) Cost of Revenue (2009 - 2025) Analysis & Trends

Cenovus Energy has disclosed Cost of Revenue across 17 years of filings, most recently posting $480.4 million for Q4 2025.

  • In Q4 2025, Cost of Revenue fell 26.57% year-over-year to $480.4 million; the TTM figure through Dec 2025 stood at $3.7 billion (down 9.18% YoY), while the FY2025 annual figure was $2.2 billion, down 11.44% from the prior year.
  • Cost of Revenue came in at $480.4 million for Q4 2025 at Cenovus Energy, down from $1.7 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $3.1 billion in Q3 2022 to a low of $373.0 million in Q1 2021.
  • Average Cost of Revenue over 5 years is $1.0 billion, with a median of $837.0 million recorded in 2021.
  • Year-over-year, Cost of Revenue soared 2438.1% in 2021 and sank 59.73% in 2023.
  • Over 5 years, Cost of Revenue stood at $815.0 million in 2021, then increased by 7.36% to $875.0 million in 2022, then gained by 3.09% to $902.0 million in 2023, then decreased by 27.46% to $654.3 million in 2024, then fell by 26.57% to $480.4 million in 2025.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $480.4 million in Q4 2025, $1.7 billion in Q3 2025, and $621.0 million in Q2 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Chevron 413.73 Bn 410.87 Bn 33.45 Bn 36.61 Bn
2 Shell 269.64 Bn 229.78 Bn 30.13 Bn 64.53 Bn
3 TotalEnergies SE 200.34 Bn 171.16 Bn 23.46 Bn 38.31 Bn
4 Eni Spa 171.91 Bn 162.06 Bn - -
5 Equinor Asa 110.26 Bn 101.00 Bn - -
6 Phillips 66 108.93 Bn 106.03 Bn 8.38 Bn 43.66 Bn
7 Suncor Energy 82.82 Bn 77.45 Bn 17.50 Bn 1.51 Bn
8 Imperial Oil 62.85 Bn 60.80 Bn - -
9 Cenovus Energy 61.44 Bn 59.48 Bn 7.32 Bn 480.45 Mn
10 Occidental Petroleum 58.81 Bn 55.30 Bn 7.73 Bn 332.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 480.45 Mn
Sep 30, 2025 1.73 Bn
Jun 30, 2025 621.00 Mn
Mar 31, 2025 906.00 Mn
Dec 31, 2024 654.29 Mn
Sep 30, 2024 1.86 Bn
Jun 30, 2024 859.00 Mn
Mar 31, 2024 747.00 Mn
Dec 31, 2023 902.00 Mn
Sep 30, 2023 1.77 Bn
Jun 30, 2023 637.00 Mn
Mar 31, 2023 596.00 Mn
Dec 31, 2022 875.00 Mn
Sep 30, 2022 3.06 Bn
Jun 30, 2022 1.58 Bn
Mar 31, 2022 1.19 Bn
Dec 31, 2021 815.00 Mn
Sep 30, 2021 582.30 Mn
Jun 30, 2021 533.00 Mn
Mar 31, 2021 373.00 Mn