Devon Energy (DVN) Cost of Revenue (2009 - 2026)
Devon Energy's (DVN) quarterly Cost of Revenue came in at $1.4 billion in Q2 2026, up 54.95% year-over-year from $899.0 million in Q2 2025, and up 55.82% quarter-over-quarter from $894.0 million in Q1 2026.
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Analysis
Devon Energy (DVN) Cost of Revenue (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Cost of Revenue for 18 consecutive years, with $1.4 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 54.95% year-over-year to $1.4 billion in Q2 2026; TTM through Jun 2026 was $4.0 billion, a 17.02% 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 was $1.4 billion for Q2 2026 at Devon Energy, up from $894.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $1.4 billion in Q2 2026 and troughed at $618.0 million in Q1 2022.
- A 5-year average of $820.1 million and a median of $761.0 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue fell 2.27% in 2025 and soared 54.95% in 2026, its largest moves.
- Over 5 years, Cost of Revenue stood at $715.0 million in 2022, then grew by 6.15% to $759.0 million in 2023, then rose by 16.07% to $881.0 million in 2024, then slipped by 2.27% to $861.0 million in 2025, then jumped by 61.79% to $1.4 billion in 2026.
- The last three Cost of Revenue figures came in at $1.4 billion (Q2 2026), $894.0 million (Q1 2026), and $861.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 158.35 Bn | 150.66 Bn | 12.81 Bn | 6.71 Bn |
| 2 | Canadian Natural Resources | 103.29 Bn | 101.40 Bn | 8.84 Bn | 1.81 Bn |
| 3 | Eog Resources | 75.64 Bn | 70.73 Bn | - | - |
| 4 | Diamondback Energy | 53.99 Bn | 59.61 Bn | 5.55 Bn | 9.00 Mn |
| 5 | Devon Energy | 53.46 Bn | 52.45 Bn | 6.02 Bn | 1.39 Bn |
| 6 | Expand Energy | 20.25 Bn | 18.99 Bn | 2.33 Bn | 634.00 Mn |
| 7 | Permian Resources | 19.06 Bn | 18.80 Bn | - | - |
| 8 | Ovintiv | 17.25 Bn | 16.37 Bn | 2.83 Bn | 183.00 Mn |
| 9 | Apa | 15.72 Bn | 16.20 Bn | 2.28 Bn | 122.00 Mn |
| 10 | Antero Resources | 10.76 Bn | 10.19 Bn | 1.56 Bn | 26,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.39 Bn |
| Mar 31, 2026 | 894.00 Mn |
| Dec 31, 2025 | 861.00 Mn |
| Sep 30, 2025 | 895.00 Mn |
| Jun 30, 2025 | 899.00 Mn |
| Mar 31, 2025 | 912.00 Mn |
| Dec 31, 2024 | 881.00 Mn |
| Sep 30, 2024 | 763.00 Mn |
| Jun 30, 2024 | 788.00 Mn |
| Mar 31, 2024 | 751.00 Mn |
| Dec 31, 2023 | 759.00 Mn |
| Sep 30, 2023 | 757.00 Mn |
| Jun 30, 2023 | 719.00 Mn |
| Mar 31, 2023 | 693.00 Mn |
| Dec 31, 2022 | 715.00 Mn |
| Sep 30, 2022 | 735.00 Mn |
| Jun 30, 2022 | 729.00 Mn |
| Mar 31, 2022 | 618.00 Mn |
| Dec 31, 2021 | 605.00 Mn |
| Sep 30, 2021 | 555.00 Mn |
API Access
Devon Energy Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=DVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "DVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();