Cenovus Energy (CVE) Operating Income (2009 - 2026)
Cenovus Energy's (CVE) quarterly Operating Income came in at $2.0 billion in Q1 2026, up 99.08% year-on-year from $1.0 billion in Q1 2025, and up 109.42% quarter-over-quarter from $966.6 million in Q4 2025.
Cenovus Energy (CVE) Operating Income (2009 - 2026) Analysis & Trends
Cenovus Energy has disclosed Operating Income across 18 years of filings, most recently posting $2.0 billion for Q1 2026.
- Operating Income for Q1 2026 came in at $2.0 billion, up 99.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.0 billion (up 17.44% YoY), and the FY2025 annual result was $4.0 billion, down 5.71% from the prior year.
- Operating Income came in at $2.0 billion for Q1 2026 at Cenovus Energy, up from $966.6 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $3.0 billion in Q2 2022 to a low of $705.8 million in Q2 2025.
- The 5-year median for Operating Income is $1.1 billion (2022), against an average of $1.3 billion.
- Across the five-year window, Operating Income soared 623.8% in 2022 and tumbled 68.96% in 2023, its largest moves.
- Cenovus Energy's Operating Income stood at $1.0 billion in 2022, then declined by 21.47% to $811.7 million in 2023, then slipped by 7.92% to $747.3 million in 2024, then advanced by 29.34% to $966.6 million in 2025, then surged by 109.42% to $2.0 billion in 2026.
- The last three Operating Income figures came in at $2.0 billion (Q1 2026), $966.6 million (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | 7.83 Bn |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | - |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 32,038.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 12.67 Bn |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 2.02 Bn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | 825.38 Mn |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 8.49 Bn |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 6.17 Bn |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.02 Bn |
| Dec 31, 2025 | 966.63 Mn |
| Sep 30, 2025 | 1.27 Bn |
| Jun 30, 2025 | 705.83 Mn |
| Mar 31, 2025 | 1.02 Bn |
| Dec 31, 2024 | 747.35 Mn |
| Sep 30, 2024 | 1.23 Bn |
| Jun 30, 2024 | 1.23 Bn |
| Mar 31, 2024 | 1.41 Bn |
| Dec 31, 2023 | 811.66 Mn |
| Sep 30, 2023 | 2.22 Bn |
| Jun 30, 2023 | 928.33 Mn |
| Mar 31, 2023 | 716.03 Mn |
| Dec 31, 2022 | 1.03 Bn |
| Jun 30, 2022 | 2.99 Bn |
| Mar 31, 2022 | 1.68 Bn |
| Dec 31, 2021 | 142.80 Mn |
| Sep 30, 2021 | 1.26 Bn |
| Jun 30, 2021 | 615.84 Mn |
| Mar 31, 2021 | 715.83 Mn |