Cenovus Energy (CVE) Gross Margin (2009 - 2026)

Cenovus Energy has disclosed Gross Margin across 18 years of filings, most recently posting 71.73% for Q1 2026.

• Gross Margin for Q1 2026 came in at 71.73%, up 1594.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 50.25% (up 572.0% YoY), and the FY2025 annual result was 55.39%, up 348.0% from the prior year.
• Gross Margin came in at 71.73% for Q1 2026 at Cenovus Energy, up from 62.62% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 71.73% in Q1 2026 to a low of 18.47% in Q2 2022.
• The 5-year median for Gross Margin is 52.72% (2023), against an average of 46.75%.
• Peak annual rise in Gross Margin reached 3470 bps in 2023, while the deepest fall reached 432 bps in 2023.
• Cenovus Energy's Gross Margin stood at 53.68% in 2022, then decreased by 7 bps to 50.07% in 2023, then climbed by 2 bps to 50.85% in 2024, then increased by 23 bps to 62.62% in 2025, then climbed by 15 bps to 71.73% in 2026.
• The last three Gross Margin figures came in at 71.73% (Q1 2026), 62.62% (Q4 2025), and 19.63% (Q3 2025), per Business Quant data.