Cenovus Energy (CVE) Research & Development (2012 - 2026)
Cenovus Energy (CVE) posted Research & Development of $8.8 million for Q1 2026, down 61.87% sequentially from $22.9 million in Q4 2025, and up 151.12% YoY from $3.5 million in Q1 2025.
Cenovus Energy (CVE) Research & Development (2012 - 2026) Analysis & Trends
Cenovus Energy (CVE) has 15 years of Research & Development data on file, last reported at $8.8 million in Q1 2026.
- Quarterly Research & Development rose 151.12% year-over-year to $8.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $34.6 million (down 28.98% YoY) and the FY2025 annual result came in at $29.3 million, down 41.77% from the prior year.
- Research & Development fell to $8.8 million in Q1 2026 per CVE's latest filing, from $22.9 million in the prior quarter.
- The five-year high for Research & Development was $32.3 million in Q3 2024, with the low at $726635.0 in Q3 2025.
- Average Research & Development over 5 years is $8.8 million, with a median of $4.4 million recorded in 2024.
- Year-over-year, Research & Development surged 2062.02% in 2024 and slumped 97.75% in 2025.
- Cenovus Energy's Research & Development stood at $1.5 million in 2022, then soared by 1495.29% to $23.5 million in 2023, then tumbled by 60.41% to $9.3 million in 2024, then surged by 146.58% to $22.9 million in 2025, then plunged by 61.87% to $8.8 million in 2026.
- Business Quant data shows CVE's Research & Development at $8.8 million in Q1 2026, $22.9 million in Q4 2025, and $726635.0 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | 126.00 Mn |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | -250.00 Mn |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 44.00 Mn |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | -133.00 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 205.00 Mn |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | -152.00 Mn |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | - |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | - |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | - |
| 10 | Cenovus Energy | - | - | 6.46 Bn | 8.75 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 | 4.74 Mn |