Vermilion Energy VET
NYSE VET
$12.73 -0.11 (-0.86%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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