Cenovus Energy (CVE) Research & Development (2012 - 2026)
Cenovus Energy's (CVE) quarterly Research & Development came in at $8.8 million in Q1 2026, up 151.12% year-on-year from $3.5 million in Q1 2025, and down 61.87% quarter-over-quarter from $22.9 million in Q4 2025.
Cenovus Energy (CVE) Research & Development (2012 - 2026) Analysis & Trends
Cenovus Energy has disclosed Research & Development across 15 years of filings, most recently posting $8.8 million for Q1 2026.
- Research & Development for Q1 2026 came in at $8.8 million, up 151.12% year-over-year; the trailing twelve-month figure through Mar 2026 was $34.6 million (down 28.98% YoY), and the FY2025 annual result was $29.3 million, down 40.59% from the prior year.
- Research & Development came in at $8.8 million for Q1 2026 at Cenovus Energy, down from $22.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $32.3 million in Q3 2024 to a low of $726635.0 in Q3 2025.
- The 5-year median for Research & Development is $4.4 million (2024), against an average of $8.8 million.
- Across the five-year window, Research & Development jumped 2062.02% in 2024 and plunged 97.75% in 2025, its largest moves.
- Cenovus Energy's Research & Development stood at $1.5 million in 2022, then soared by 1495.29% to $23.5 million in 2023, then slumped by 60.41% to $9.3 million in 2024, then surged by 146.58% to $22.9 million in 2025, then tumbled by 61.87% to $8.8 million in 2026.
- The last three Research & Development figures came in at $8.8 million (Q1 2026), $22.9 million (Q4 2025), and $726635.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | -250.00 Mn |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 126.00 Mn |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | -133.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 205.00 Mn |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 8.75 Mn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 44.00 Mn |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 1.27 Bn |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - | 2.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.75 Mn |
| Dec 31, 2025 | 22.95 Mn |
| Sep 30, 2025 | 726,635.00 |
| Jun 30, 2025 | 2.17 Mn |
| Mar 31, 2025 | 3.48 Mn |
| Dec 31, 2024 | 9.31 Mn |
| Sep 30, 2024 | 32.25 Mn |
| Jun 30, 2024 | 3.66 Mn |
| Mar 31, 2024 | 5.19 Mn |
| Dec 31, 2023 | 23.51 Mn |
| Sep 30, 2023 | 1.49 Mn |
| Jun 30, 2023 | 2.98 Mn |
| Mar 31, 2023 | 2.96 Mn |
| Dec 31, 2022 | 1.47 Mn |
| Jun 30, 2022 | 7.84 Mn |
| Mar 31, 2022 | 12.63 Mn |
| Dec 31, 2021 | 2.38 Mn |
| Sep 30, 2021 | 3.97 Mn |
| Jun 30, 2021 | 3.25 Mn |
| Mar 31, 2021 | 7.90 Mn |