Cenovus Energy (CVE) Net Income (2009 - 2026)

Cenovus Energy (CVE) posted Net Income of $2.1 billion for Q2 2026, up 81.23% sequentially from $1.1 billion in Q1 2026, and up 237.82% YoY from $614.2 million in Q2 2025.

Cenovus Energy (CVE) Net Income (2009 - 2026) Analysis & Trends

Cenovus Energy has reported Net Income for 18 years, with the latest figure at $2.1 billion in Q2 2026.

  • Quarterly Net Income rose 237.82% year-over-year to $2.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.1 billion (up 72.66% YoY) and the FY2025 annual result came in at $2.8 billion, up 22.57% from the prior year.
  • Net Income rose to $2.1 billion in Q2 2026 per CVE's latest filing, from $1.1 billion in the prior quarter.
  • Over five years, Net Income peaked at $4.3 billion in Q3 2022 and troughed at $104.5 million in Q4 2024.
  • A 5-year average of $1.4 billion and a median of $801.9 million in 2024 frame the typical range for Net Income.
  • The sharpest annual moves came in 2022 and 2024: Net Income jumped 1646.18% in 2022, then slumped 80.85% in 2024.
  • Over 5 years, Net Income stood at $577.6 million in 2022, then slipped by 5.51% to $545.8 million in 2023, then plunged by 80.85% to $104.5 million in 2024, then surged by 540.83% to $669.8 million in 2025, then jumped by 209.78% to $2.1 billion in 2026.
  • According to Business Quant data, Net Income over the past three periods registered $2.1 billion, $1.1 billion, and $669.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 12.43 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 4.47 Bn
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 2.25 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - 1.47 Bn
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 10.81 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn - 21.22 Bn
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 2.63 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn - 685.45 Mn
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 2.43 Bn
10 Cenovus Energy 12.32 Bn 10.04 Bn 8.50 Bn 2.07 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 2.07 Bn
Mar 31, 2026 1.14 Bn
Dec 31, 2025 669.76 Mn
Sep 30, 2025 2.18 Bn
Jun 30, 2025 614.18 Mn
Mar 31, 2025 598.65 Mn
Dec 31, 2024 104.51 Mn
Sep 30, 2024 2.20 Bn
Jun 30, 2024 731.14 Mn
Mar 31, 2024 872.73 Mn
Dec 31, 2023 545.76 Mn
Sep 30, 2023 2.51 Bn
Jun 30, 2023 644.70 Mn
Mar 31, 2023 470.45 Mn
Dec 31, 2022 577.58 Mn
Sep 30, 2022 4.34 Bn
Jun 30, 2022 3.18 Bn
Mar 31, 2022 1.28 Bn
Dec 31, 2021 -323.68 Mn
Sep 30, 2021 437.72 Mn