Cenovus Energy (CVE) Cost of Revenue (2009 - 2026)
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.
Cenovus Energy (CVE) Cost of Revenue (2009 - 2026) 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | 12.20 Bn |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | - |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | 28.27 Bn |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | - |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | 64.53 Bn |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | - |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | 4.56 Bn |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | - |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 38.31 Bn |
| 10 | Cenovus Energy | 12.32 Bn | 10.04 Bn | 8.50 Bn | 4.10 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.10 Bn |
| Jun 30, 2026 | 4.10 Bn |
| 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 | 15.46 Bn |
| Sep 30, 2025 | 15.46 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 | 16.78 Bn |
| Sep 30, 2024 | 16.78 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 |