Cenovus Energy (CVE) Gross Margin (2009 - 2025)

Cenovus Energy has reported Gross Margin for 18 years, with the latest figure at 67.48% in Q2 2026.

• Quarterly Gross Margin rose 1684.0% year-over-year to 67.48% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 44.26% (up 869.0% YoY) and the FY2025 annual result came in at 55.39%, up 348.0% from the prior year.
• Gross Margin declined to 67.48% in Q2 2026 per CVE's latest filing, from 71.73% in the prior quarter.
• Over five years, Gross Margin peaked at 71.73% in Q1 2026 and troughed at 17.71% in Q2 2022.
• A 5-year average of 46.07% and a median of 52.72% in 2023 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 3202 bps in 2022, then jumped 3546 bps in 2023.
• Over 5 years, Gross Margin stood at 53.68% in 2022, then dropped by 7 bps to 50.07% in 2023, then increased by 2 bps to 50.85% in 2024, then gained by 23 bps to 62.62% in 2025, then grew by 8 bps to 67.48% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 67.48%, 71.73%, and 62.62% for Q2 2026, Q1 2026, and Q4 2025 respectively.