Cenovus Energy Inc. (CVE) income statement
NYSE · Energy · Oil & Gas Integrated · 7,211 employees · CEO Jonathan McKenzie
- Price
- $32.73 +1.87%
- Market cap
- $60.4B
- Enterprise value
- CA$92.9B
- Last report
- Q2 '26 filed 2026-07-29
- Next report
- 2026-11-04
Cenovus Energy Inc. (CVE) reported revenue of CA$17.4B for Q2 '26 (+34.7% year on year), operating income of CA$4.22B (24.2% of revenue) and net income of CA$2.87B. Over the last four quarters revenue was CA$53.9B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CA$14.6B | CA$14B | CA$13.8B | CA$15.4B | CA$14.2B | CA$15.2B | CA$14.2B | CA$12.9B | CA$13.2B | CA$10.9B | CA$12.4B | CA$17.4B | |
| Cost of revenue | CA$10.3B | CA$11.4B | CA$10.3B | CA$11.8B | CA$11.3B | CA$12.5B | CA$11.1B | CA$10.3B | CA$10.1B | CA$9.56B | CA$9.67B | CA$13B | |
| Gross profit | CA$4.24B | CA$2.64B | CA$3.49B | CA$3.6B | CA$2.94B | CA$2.74B | CA$3.11B | CA$2.59B | CA$3.06B | CA$1.32B | CA$2.71B | CA$4.44B | |
| Sales & marketing | CA$2M | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$1M | CA$0 | CA$0 | CA$0 | |
| General & administrative | CA$292M | CA$71M | CA$246M | CA$175M | CA$172M | CA$201M | CA$197M | CA$153M | CA$220M | CA$0 | CA$0 | CA$0 | |
| Other operating expenses | CA$0 | CA$1.6B | CA$1.56B | CA$1.93B | CA$1.74B | CA$1.7B | CA$1.63B | CA$1.75B | CA$0 | CA$0 | CA$0 | CA$0 | |
| Operating expenses | CA$294M | CA$1.67B | CA$1.8B | CA$2.1B | CA$1.91B | CA$1.9B | CA$1.83B | CA$1.9B | CA$221M | CA$242M | CA$412M | CA$218M | |
| Operating income | CA$3.95B | CA$978M | CA$1.69B | CA$1.5B | CA$1.03B | CA$841M | CA$1.28B | CA$690M | CA$2.84B | CA$1.08B | CA$2.3B | CA$4.22B | |
| Interest income | CA$24.3M | CA$24.9M | CA$25.8M | CA$37M | CA$51M | CA$47M | CA$33M | CA$50M | CA$0 | CA$30M | CA$26.1M | CA$21M | |
| Interest expense | CA$37.5M | CA$92.8M | CA$83.4M | CA$163M | CA$160M | CA$162M | CA$163M | CA$154M | CA$67M | CA$131M | CA$156M | CA$138M | |
| Other non-operating income (gains on investments, FX ...) | CA$1.32B | -CA$160M | -CA$32M | CA$28M | -CA$150M | CA$495M | -CA$9M | -CA$480M | CA$1.47B | -CA$88.9M | CA$55.1M | CA$0 | |
| Total non-operating income | -CA$1.52B | -CA$4M | -CA$132M | -CA$191M | -CA$10M | -CA$657M | -CA$154M | CA$326M | -CA$1.54B | -CA$42M | -CA$212M | -CA$275M | |
| Income before tax | CA$2.43B | CA$974M | CA$1.55B | CA$1.31B | CA$1.02B | CA$184M | CA$1.13B | CA$1.02B | CA$1.3B | CA$1.03B | CA$2.09B | CA$3.94B | |
| Income tax | CA$561M | CA$231M | CA$378M | CA$309M | CA$204M | CA$38M | CA$271M | CA$165M | CA$11M | CA$99.9M | CA$515M | CA$1.07B | |
| Net income | CA$1.86B | CA$743M | CA$1.18B | CA$1B | CA$820M | CA$146M | CA$859M | CA$851M | CA$1.29B | CA$933M | CA$1.57B | CA$2.87B | |
| EPS (basic) | CA$0.97 | CA$0.39 | CA$0.62 | CA$0.53 | CA$0.42 | CA$0.07 | CA$0.47 | CA$0.47 | CA$0.72 | CA$0.51 | CA$0.84 | CA$1.55 | |
| EPS (diluted) | CA$0.97 | CA$0.39 | CA$0.62 | CA$0.53 | CA$0.42 | CA$0.07 | CA$0.47 | CA$0.46 | CA$0.72 | CA$0.49 | CA$0.84 | CA$1.53 | |
| Shares (basic, weighted) | 1.91B | 1.88B | 1.87B | 1.86B | 1.85B | 1.83B | 1.82B | 1.82B | 1.79B | 1.83B | 1.87B | 1.86B | |
| Shares (diluted, weighted) | 1.91B | 1.88B | 1.88B | 1.87B | 1.86B | 1.86B | 1.83B | 1.83B | 1.79B | 1.86B | 1.88B | 1.87B | |
| Depreciation & amortization | CA$1.25B | CA$1.25B | CA$1.2B | CA$1.28B | CA$1.22B | CA$1.23B | CA$1.31B | CA$1.18B | CA$1.37B | CA$1.43B | CA$1.54B | CA$1.55B | |
| EBITDA | CA$3.87B | CA$2.39B | CA$2.91B | CA$2.76B | CA$2.4B | CA$1.57B | CA$2.61B | CA$2.35B | CA$2.74B | CA$2.6B | CA$3.78B | CA$5.77B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CA$11B | CA$17.3B | CA$21.4B | CA$20.5B | CA$13.9B | CA$48.8B | CA$71.8B | CA$55.5B | CA$57.7B | CA$49.7B | |
| Cost of revenue | CA$9.63B | CA$13.9B | CA$17.3B | CA$16.1B | CA$14.2B | CA$39.7B | CA$54.6B | CA$42.8B | CA$45B | CA$44.5B | |
| Gross profit | CA$1.38B | CA$3.42B | CA$4.09B | CA$4.48B | -CA$330M | CA$9.11B | CA$17.1B | CA$12.7B | CA$12.8B | CA$5.19B | |
| Research & development | CA$36M | CA$36M | CA$25M | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | CA$0 | |
| General & administrative | CA$318M | CA$300M | CA$391M | CA$331M | CA$292M | CA$849M | CA$865M | CA$688M | CA$794M | CA$0 | |
| Other operating expenses | CA$1.03B | CA$3.09B | CA$3.67B | CA$0 | -CA$622M | CA$4.73B | CA$5.92B | CA$6.39B | CA$6.91B | CA$0 | |
| Operating expenses | CA$1.38B | CA$3.42B | CA$4.09B | CA$331M | -CA$330M | CA$5.58B | CA$6.78B | CA$7.08B | CA$7.7B | CA$811M | |
| Operating income | -CA$221M | CA$242M | -CA$1.24B | CA$4.15B | CA$0 | CA$3.52B | CA$10.4B | CA$5.62B | CA$5.06B | CA$4.38B | |
| Interest income | CA$52M | CA$62M | CA$19M | CA$9.25M | CA$7.06M | CA$23M | CA$110M | CA$217M | CA$170M | CA$141M | |
| Interest expense | CA$369M | CA$619M | CA$595M | CA$349M | CA$376M | CA$1.05B | CA$812M | CA$723M | CA$649M | CA$467M | |
| Other non-operating income (gains on investments, FX ...) | CA$212M | -CA$2.59B | CA$2.09B | CA$2.55B | CA$2.69B | CA$1.16B | CA$809M | -CA$141M | CA$341M | -CA$560M | |
| Total non-operating income | -CA$581M | CA$1.97B | -CA$2.69B | -CA$2.75B | -CA$3.23B | -CA$2.21B | -CA$1.62B | -CA$582M | -CA$990M | CA$92.9M | |
| Income before tax | -CA$802M | CA$2.22B | -CA$3.93B | CA$1.4B | -CA$3.23B | CA$1.32B | CA$8.73B | CA$5.04B | CA$4.07B | CA$4.47B | |
| Income tax | -CA$343M | -CA$52M | -CA$1.01B | -CA$797M | -CA$851M | CA$728M | CA$2.28B | CA$931M | CA$929M | CA$547M | |
| Net income | -CA$545M | CA$3.37B | -CA$2.67B | CA$2.19B | -CA$2.38B | CA$587M | CA$6.45B | CA$4.11B | CA$3.14B | CA$3.93B | |
| EPS (basic) | -CA$0.65 | CA$3.05 | -CA$2.17 | CA$1.79 | -CA$1.94 | CA$0.29 | CA$3.29 | CA$2.12 | CA$1.68 | CA$2.17 | |
| EPS (diluted) | -CA$0.65 | CA$3.05 | -CA$2.17 | CA$1.78 | -CA$1.94 | CA$0.29 | CA$3.20 | CA$2.12 | CA$1.67 | CA$2.15 | |
| Shares (basic, weighted) | 833M | 1.1B | 1.23B | 1.23B | 1.23B | 2.02B | 1.95B | 1.9B | 1.85B | 1.81B | |
| Shares (diluted, weighted) | 833M | 1.1B | 1.23B | 1.23B | 1.23B | 2.05B | 2.01B | 1.93B | 1.86B | 1.82B | |
| Depreciation & amortization | CA$925M | CA$1.96B | CA$2.15B | CA$2.29B | CA$2.68B | CA$4.32B | CA$4.31B | CA$4.62B | CA$4.87B | CA$5.43B | |
| EBITDA | CA$492M | CA$4.8B | -CA$1.18B | CA$3.9B | -CA$18.7M | CA$6.69B | CA$13.9B | CA$10.4B | CA$9.59B | CA$10.4B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CAD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates: Financial Modeling Prep.
Data as of 2026-11-02 · Amounts in CAD as reported; price and market cap in USD.