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Cenovus Energy (CVE) Cost of Revenue (2016 - 2026)

Cenovus Energy's Cost of Revenue history spans 18 years, with the latest figure at $2.5 billion for Q1 2026.

  • On a quarterly basis, Cost of Revenue fell 37.83% to $2.5 billion in Q1 2026 year-over-year; TTM through Mar 2026 was $15.2 billion, a 22.79% decrease, with the full-year FY2025 number at $15.9 billion, down 16.78% from a year prior.
  • Cost of Revenue hit $2.5 billion in Q1 2026 for Cenovus Energy, down from $2.9 billion in the prior quarter.
  • Over the last five years, Cost of Revenue for CVE hit a ceiling of $7.4 billion in Q2 2022 and a floor of $2.5 billion in Q1 2026.
  • Historically, Cost of Revenue has averaged $4.8 billion across 5 years, with a median of $4.7 billion in 2023.
  • Biggest five-year swings in Cost of Revenue: soared 76.49% in 2022 and later plummeted 42.13% in 2023.
  • Tracing CVE's Cost of Revenue over 5 years: stood at $5.1 billion in 2022, then dropped by 5.51% to $4.8 billion in 2023, then dropped by 6.42% to $4.5 billion in 2024, then plummeted by 35.29% to $2.9 billion in 2025, then fell by 12.68% to $2.5 billion in 2026.
  • Business Quant data shows Cost of Revenue for CVE at $2.5 billion in Q1 2026, $2.9 billion in Q4 2025, and $5.3 billion in Q3 2025.