Devon Energy (DVN) Cost of Revenue (2009 - 2026)

Devon Energy (DVN) reported Cost of Revenue of $894.0 million for Q1 2026, down 1.97% year-over-year from $912.0 million in Q1 2025, and up 3.83% quarter-over-quarter from $861.0 million in Q4 2025.

Devon Energy (DVN) Cost of Revenue (2009 - 2026) Analysis & Trends

Devon Energy (DVN) has 18 years of Cost of Revenue data on file, last reported at $894.0 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $894.0 million, down 1.97% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.5 billion (up 6.13% YoY), and the FY2025 annual result was $3.6 billion, up 12.06% from the prior year.
  • Cost of Revenue advanced to $894.0 million in Q1 2026 per DVN's latest filing, from $861.0 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $912.0 million in Q1 2025 and troughed at $618.0 million in Q1 2022.
  • A 5-year average of $786.4 million and a median of $759.0 million in 2023 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue soared 42.11% in 2022, then retreated 2.27% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $715.0 million in 2022, then increased by 6.15% to $759.0 million in 2023, then gained by 16.07% to $881.0 million in 2024, then dropped by 2.27% to $861.0 million in 2025, then gained by 3.83% to $894.0 million in 2026.
  • Business Quant data shows DVN's Cost of Revenue at $894.0 million in Q1 2026, $861.0 million in Q4 2025, and $895.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Woodside Energy 639.66 Bn 633.72 Bn - 326.00 Mn
2 Canadian Natural Resources 395.91 Bn 395.91 Bn 6.72 Bn 1.16 Bn
3 Conocophillips 147.10 Bn 140.74 Bn 9.48 Bn 6.28 Bn
4 Eog Resources 74.80 Bn 70.95 Bn - -
5 Occidental Petroleum 56.58 Bn 53.39 Bn 4.87 Bn 356.00 Mn
6 Diamondback Energy 55.66 Bn 61.83 Bn 4.22 Bn 24.00 Mn
7 Vista Energy, S.A.B. de C.V 35.54 Bn 34.93 Bn 472.36 Mn 66.16 Mn
8 Eqt 33.02 Bn 36.36 Bn 2.98 Bn 400.34 Mn
9 Vermilion Energy 32.08 Bn 31.89 Bn 370.10 Mn 4.23 Mn
10 Devon Energy 28.69 Bn 28.69 Bn 3.61 Bn 894.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 894.00 Mn
Mar 31, 2026 894.00 Mn
Dec 31, 2025 861.00 Mn
Dec 31, 2025 861.00 Mn
Sep 30, 2025 895.00 Mn
Sep 30, 2025 895.00 Mn
Jun 30, 2025 899.00 Mn
Jun 30, 2025 899.00 Mn
Mar 31, 2025 912.00 Mn
Mar 31, 2025 912.00 Mn
Dec 31, 2024 881.00 Mn
Dec 31, 2024 881.00 Mn
Sep 30, 2024 763.00 Mn
Sep 30, 2024 763.00 Mn
Jun 30, 2024 788.00 Mn
Jun 30, 2024 788.00 Mn
Mar 31, 2024 751.00 Mn
Mar 31, 2024 751.00 Mn
Dec 31, 2023 759.00 Mn
Dec 31, 2023 759.00 Mn