Cenovus Energy (CVE) Cost of Revenue (2009 - 2026)
Cenovus Energy's (CVE) quarterly Cost of Revenue came in at $2.5 billion in Q1 2026, down 37.83% year-on-year from $4.1 billion in Q1 2025, and down 12.68% quarter-over-quarter from $2.9 billion in Q4 2025.
Cenovus Energy (CVE) Cost of Revenue (2009 - 2026) Analysis & Trends
Cenovus Energy has disclosed Cost of Revenue across 18 years of filings, most recently posting $2.5 billion for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $2.5 billion, down 37.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.2 billion (down 22.79% YoY), and the FY2025 annual result was $15.9 billion, down 15.09% from the prior year.
- Cost of Revenue came in at $2.5 billion for Q1 2026 at Cenovus Energy, down from $2.9 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $7.4 billion in Q2 2022 to a low of $2.5 billion in Q1 2026.
- The 5-year median for Cost of Revenue is $4.7 billion (2023), against an average of $4.8 billion.
- Across the five-year window, Cost of Revenue jumped 76.49% in 2022 and slumped 42.13% in 2023, its largest moves.
- Cenovus Energy's Cost of Revenue stood at $5.1 billion in 2022, then slipped by 5.51% to $4.8 billion in 2023, then slipped by 6.42% to $4.5 billion in 2024, then plunged by 35.29% to $2.9 billion in 2025, then declined by 12.68% to $2.5 billion in 2026.
- The last three Cost of Revenue figures came in at $2.5 billion (Q1 2026), $2.9 billion (Q4 2025), and $5.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | 12.20 Bn |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | - |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 27,347.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 28.27 Bn |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 2.55 Bn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | - |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 3.80 Bn |
| 10 | Imperial Oil | 42.92 Bn | 42.17 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 | 5.32 Bn |
| Sep 30, 2025 | 5.32 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 | 6.02 Bn |
| Sep 30, 2024 | 6.02 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 |
| Dec 31, 2023 | 4.82 Bn |
| Dec 31, 2023 | 4.82 Bn |