Vermilion Energy (VET) Cost of Revenue (2009 - 2026)

Vermilion Energy (VET) reported Cost of Revenue of $4.2 million for Q1 2026, down 62.75% year-over-year from $11.3 million in Q1 2025, and down 61.33% quarter-over-quarter from $10.9 million in Q3 2025.

Vermilion Energy (VET) Cost of Revenue (2009 - 2026) Analysis & Trends

Vermilion Energy (VET) has 13 years of Cost of Revenue data on file, last reported at $4.2 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $4.2 million, down 62.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $47.0 million (down 34.08% YoY), and the FY2025 annual result was $85.4 million, up 28.43% from the prior year.
  • Cost of Revenue slipped to $4.2 million in Q1 2026 per VET's latest filing, from $10.9 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $82.1 million in Q4 2022 and troughed at $4.2 million in Q1 2026.
  • A 5-year average of $32.2 million and a median of $28.5 million in 2023 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2024: Cost of Revenue jumped 126.66% in 2022, then plunged 72.28% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $82.1 million in 2022, then sank by 52.43% to $39.0 million in 2023, then sank by 72.85% to $10.6 million in 2024, then climbed by 3.09% to $10.9 million in 2025, then slumped by 61.33% to $4.2 million in 2026.
  • Business Quant data shows VET's Cost of Revenue at $4.2 million in Q1 2026, $10.9 million in Q3 2025, and $20.5 million in Q2 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 4.23 Mn
Mar 31, 2026 4.23 Mn
Sep 30, 2025 10.93 Mn
Sep 30, 2025 10.93 Mn
Jun 30, 2025 20.55 Mn
Jun 30, 2025 20.55 Mn
Mar 31, 2025 11.34 Mn
Mar 31, 2025 11.34 Mn
Sep 30, 2024 10.60 Mn
Sep 30, 2024 10.60 Mn
Jun 30, 2024 20.95 Mn
Jun 30, 2024 20.95 Mn
Mar 31, 2024 28.47 Mn
Mar 31, 2024 28.47 Mn
Dec 31, 2023 39.04 Mn
Dec 31, 2023 39.04 Mn
Sep 30, 2023 38.23 Mn
Sep 30, 2023 38.23 Mn
Jun 30, 2023 28.50 Mn
Jun 30, 2023 28.50 Mn