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
DateValue
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