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
DateValue
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