Cenovus Energy (CVE) Net Income (2009 - 2026)
Cenovus Energy (CVE) posted Net Income of $1.1 billion for Q1 2026, up 70.94% sequentially from $669.8 million in Q4 2025, and up 91.24% YoY from $598.7 million in Q1 2025.
Cenovus Energy (CVE) Net Income (2009 - 2026) Analysis & Trends
Cenovus Energy (CVE) has 18 years of Net Income data on file, last reported at $1.1 billion in Q1 2026.
- Quarterly Net Income rose 91.24% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.4 billion (up 65.24% YoY) and the FY2025 annual result came in at $2.8 billion, up 22.57% from the prior year.
- Net Income grew to $1.1 billion in Q1 2026 per CVE's latest filing, from $669.8 million in the prior quarter.
- The five-year high for Net Income was $1.9 billion in Q2 2022, with the low at $104.5 million in Q4 2024.
- Average Net Income over 5 years is $818.2 million, with a median of $657.2 million recorded in 2023.
- Year-over-year, Net Income surged 946.76% in 2022 and plunged 80.85% in 2024.
- Cenovus Energy's Net Income stood at $577.6 million in 2022, then dropped by 5.51% to $545.8 million in 2023, then sank by 80.85% to $104.5 million in 2024, then soared by 540.83% to $669.8 million in 2025, then jumped by 70.94% to $1.1 billion in 2026.
- Business Quant data shows CVE's Net Income at $1.1 billion in Q1 2026, $669.8 million in Q4 2025, and $934.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (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 | 12.45 Bn |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 4.21 Bn |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | 36,617.00 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 2.20 Bn |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | - |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 247.67 Mn |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | -160.67 Mn |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | - |
| 10 | Cenovus Energy | - | - | 6.46 Bn | 1.14 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.14 Bn |
| Dec 31, 2025 | 669.76 Mn |
| Sep 30, 2025 | 934.45 Mn |
| Jun 30, 2025 | 614.18 Mn |
| Mar 31, 2025 | 598.65 Mn |
| Dec 31, 2024 | 104.51 Mn |
| Sep 30, 2024 | 601.10 Mn |
| Jun 30, 2024 | 731.14 Mn |
| Mar 31, 2024 | 872.73 Mn |
| Dec 31, 2023 | 545.76 Mn |
| Sep 30, 2023 | 1.39 Bn |
| Jun 30, 2023 | 644.70 Mn |
| Mar 31, 2023 | 470.45 Mn |
| Dec 31, 2022 | 577.58 Mn |
| Jun 30, 2022 | 1.91 Bn |
| Mar 31, 2022 | 1.28 Bn |
| Dec 31, 2021 | -323.68 Mn |
| Sep 30, 2021 | 437.72 Mn |
| Jun 30, 2021 | 182.23 Mn |
| Mar 31, 2021 | 173.82 Mn |