Cenovus Energy CVE
NYSE CVE
$31.58 -0.14 (-0.44%)
At close: Aug 28, 2026 · 4:00 PM EDT

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

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.

Analysis

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

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Shell 517.27 Bn 477.40 Bn - -
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn 36.61 Bn
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn 38.31 Bn
4 Eni Spa 166.18 Bn 156.34 Bn - -
5 Equinor Asa 103.49 Bn 94.23 Bn - -
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn 1.09 Bn
7 Imperial Oil 63.17 Bn 61.11 Bn - -
8 Cenovus Energy 59.48 Bn 57.00 Bn - -
9 Gas Transporter Of The South 21.19 Bn -3,019.86 Bn - -
10 Ypf Sociedad Anonima 19.74 Bn 17.54 Bn 2.97 Bn 601.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2025 1.73 Bn
Sep 30, 2025 1.73 Bn
Sep 30, 2024 1.86 Bn
Sep 30, 2024 1.86 Bn
Dec 31, 2023 662.55 Mn
Dec 31, 2023 662.55 Mn
Sep 30, 2023 1.77 Bn
Sep 30, 2023 1.77 Bn
Jun 30, 2023 474.22 Mn
Jun 30, 2023 474.22 Mn
Mar 31, 2023 440.86 Mn
Mar 31, 2023 440.86 Mn
Dec 31, 2022 644.62 Mn
Dec 31, 2022 644.62 Mn
Sep 30, 2022 3.06 Bn
Sep 30, 2022 3.06 Bn
Jun 30, 2022 2.17 Bn
Jun 30, 2022 2.17 Bn
Mar 31, 2022 935.53 Mn
Mar 31, 2022 935.53 Mn