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

Cenovus Energy has disclosed Gross Margin across 17 years of filings, most recently posting 93.84% for Q4 2025.

• In Q4 2025, Gross Margin rose 98.0% year-over-year to 93.84%; the TTM figure through Dec 2025 stood at 60.14% (down 49.0% YoY), while the FY2025 annual figure was 20.93%, up 44.0% from the prior year.
• Gross Margin came in at 93.84% for Q4 2025 at Cenovus Energy, up from 20.03% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 96.14% in Q1 2021 to a low of 0.18% in Q2 2022.
• Average Gross Margin over 5 years is 62.55%, with a median of 93.16% recorded in 2022.
• Year-over-year, Gross Margin jumped 10548 bps in 2021 and slumped 1368 bps in 2022.
• Over 5 years, Gross Margin stood at 16.79% in 2021, then surged by 461 bps to 94.14% in 2022, then decreased by 1 bps to 93.13% in 2023, then declined by 0 bps to 92.87% in 2024, then gained by 1 bps to 93.84% in 2025.
• Per Business Quant data, the three most recent Gross Margin figures were 93.84% in Q4 2025, 20.03% in Q3 2025, and 94.96% in Q2 2025.