Cenovus Energy (CVE) Cost of Revenue (2009 - 2026)

Cenovus Energy (CVE) posted Cost of Revenue of $2.5 billion for Q1 2026, down 12.68% sequentially from $2.9 billion in Q4 2025, and down 37.83% YoY from $4.1 billion in Q1 2025.

Cenovus Energy (CVE) Cost of Revenue (2009 - 2026) Analysis & Trends

Cenovus Energy (CVE) has 18 years of Cost of Revenue data on file, last reported at $2.5 billion in Q1 2026.

  • Quarterly Cost of Revenue fell 37.83% year-over-year to $2.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.2 billion (down 22.79% YoY) and the FY2025 annual result came in at $15.9 billion, down 16.78% from the prior year.
  • Cost of Revenue fell to $2.5 billion in Q1 2026 per CVE's latest filing, from $2.9 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $7.4 billion in Q2 2022, with the low at $2.5 billion in Q1 2026.
  • Average Cost of Revenue over 5 years is $4.8 billion, with a median of $4.7 billion recorded in 2023.
  • Year-over-year, Cost of Revenue surged 76.49% in 2022 and plunged 42.13% in 2023.
  • Cenovus Energy's Cost of Revenue stood at $5.1 billion in 2022, then fell by 5.51% to $4.8 billion in 2023, then fell by 6.42% to $4.5 billion in 2024, then sank by 35.29% to $2.9 billion in 2025, then decreased by 12.68% to $2.5 billion in 2026.
  • Business Quant data shows CVE's Cost of Revenue at $2.5 billion in Q1 2026, $2.9 billion in Q4 2025, and $5.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn - -
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn 12.20 Bn
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn 429.00 Mn
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 27,347.00
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn 28.27 Bn
6 Equinor Asa 77.88 Bn 70.78 Bn - -
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn 207.85 Mn
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn 30.49 Mn
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 10.01 Mn
10 Cenovus Energy - - 6.46 Bn 2.55 Bn

Historic Data

Download Data
DateValue
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 623.45 Mn
Sep 30, 2025 623.45 Mn
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 681.01 Mn
Sep 30, 2024 681.01 Mn
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