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