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

Cenovus Energy (CVE) posted Operating Income of $3.2 billion for Q2 2026, up 60.03% sequentially from $2.0 billion in Q1 2026, and up 358.95% YoY from $705.8 million in Q2 2025.

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

Cenovus Energy has reported Operating Income for 18 years, with the latest figure at $3.2 billion in Q2 2026.

  • Quarterly Operating Income rose 358.95% year-over-year to $3.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $9.6 billion (up 50.62% YoY) and the FY2025 annual result came in at $4.0 billion, down 7.59% from the prior year.
  • Operating Income rose to $3.2 billion in Q2 2026 per CVE's latest filing, from $2.0 billion in the prior quarter.
  • Over five years, Operating Income peaked at $6.3 billion in Q3 2022 and troughed at $705.8 million in Q2 2025.
  • A 5-year average of $2.1 billion and a median of $1.3 billion in 2024 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2022 and 2023: Operating Income surged 656.52% in 2022, then plunged 80.07% in 2023.
  • Over 5 years, Operating Income stood at $1.0 billion in 2022, then retreated by 21.47% to $811.7 million in 2023, then declined by 7.92% to $747.3 million in 2024, then grew by 29.34% to $966.6 million in 2025, then jumped by 235.13% to $3.2 billion in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $3.2 billion, $2.0 billion, and $966.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 168.00 Mn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - -
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn -24.32 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - 825.38 Mn
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 27.11 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn - 12.99 Bn
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 5.41 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn - -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 18.69 Bn
10 Cenovus Energy 12.32 Bn 10.04 Bn 8.50 Bn 3.24 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 3.24 Bn
Mar 31, 2026 2.02 Bn
Dec 31, 2025 966.63 Mn
Sep 30, 2025 3.41 Bn
Jun 30, 2025 705.83 Mn
Mar 31, 2025 1.02 Bn
Dec 31, 2024 747.35 Mn
Sep 30, 2024 3.93 Bn
Jun 30, 2024 1.23 Bn
Mar 31, 2024 1.41 Bn
Dec 31, 2023 811.66 Mn
Sep 30, 2023 3.88 Bn
Jun 30, 2023 928.33 Mn
Mar 31, 2023 716.03 Mn
Dec 31, 2022 1.03 Bn
Sep 30, 2022 6.28 Bn
Jun 30, 2022 4.66 Bn
Mar 31, 2022 1.68 Bn
Dec 31, 2021 4.82 Bn
Sep 30, 2021 4.44 Bn