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| Date | Value |
|---|---|
| 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 |