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

Devon Energy's (DVN) quarterly Cost of Revenue came in at $894.0 million in Q1 2026, down 1.97% year-on-year from $912.0 million in Q1 2025, and up 3.83% on a QoQ basis 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.

  • On a quarterly basis, Cost of Revenue fell 1.97% year-over-year to $894.0 million in Q1 2026; TTM through Mar 2026 was $3.5 billion, a 6.13% increase from a year earlier, with the FY2025 full-year figure at $3.6 billion, up 12.06% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $894.0 million, up from $861.0 million in the prior quarter.
  • Over the last five years, Cost of Revenue for DVN reached as high as $912.0 million in Q1 2025 and fell as low as $618.0 million in Q1 2022.
  • Historically, Cost of Revenue has averaged $786.4 million across 5 years, with a median of $759.0 million in 2023.
  • Across the five-year window, Cost of Revenue jumped 42.11% in 2022 and declined 2.27% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $715.0 million in 2022, then advanced by 6.15% to $759.0 million in 2023, then grew by 16.07% to $881.0 million in 2024, then retreated by 2.27% to $861.0 million in 2025, then grew by 3.83% to $894.0 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $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 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 6.28 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 24.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 326.00 Mn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 356.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 385.02 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 894.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 185.00 Mn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 183.00 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