Vermilion Energy (VET) Cost of Revenue (2009 - 2026)
Vermilion Energy (VET) posted quarterly Cost of Revenue of $6.3 million for Q2 2026, down 69.3% year-over-year from $20.5 million in Q2 2025, and up 49.31% quarter-over-quarter from $4.2 million in Q1 2026.
Vermilion Energy (VET) Cost of Revenue (2009 - 2026) Analysis & Trends
Vermilion Energy (VET) has reported Cost of Revenue for 13 consecutive years, with $6.3 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Cost of Revenue fell 69.3% year-over-year to $6.3 million; the TTM figure through Jun 2026 stood at $74.5 million (down 33.8% YoY), while the FY2025 annual figure was $85.4 million, up 28.43% from the prior year.
- Cost of Revenue improved to $6.3 million in Q2 2026 per VET's latest filing, from $4.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $82.1 million in Q4 2022 and bottomed at $4.2 million in Q1 2026.
- Historically, Cost of Revenue has averaged $35.7 million across 5 years, with a median of $37.0 million in 2022.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 126.66% — and 2026, when it sank 69.3%.
- Vermilion Energy's Cost of Revenue stood at $82.1 million in 2022, then slumped by 52.43% to $39.0 million in 2023, then soared by 52.99% to $59.7 million in 2024, then dropped by 27.27% to $43.4 million in 2025, then slumped by 85.48% to $6.3 million in 2026.
- Business Quant data shows VET's Cost of Revenue at $6.3 million in Q2 2026, $4.2 million in Q1 2026, and $43.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 6.71 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 1.79 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 9.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 566.00 Mn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.39 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 332.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 385.02 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Vermilion Energy | 1.95 Bn | 1.89 Bn | 21.33 Mn | 6.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.31 Mn |
| Jun 30, 2026 | 6.31 Mn |
| Mar 31, 2026 | 4.23 Mn |
| Mar 31, 2026 | 4.23 Mn |
| Sep 30, 2025 | 43.44 Mn |
| Sep 30, 2025 | 43.44 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 | 59.73 Mn |
| Sep 30, 2024 | 59.73 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 |