Canadian Natural Resources Limited (CNQ) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Canadian Natural Resources Limited (CNQ) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

CNQ Income Statement

Canadian Natural Resources Limited (CNQ) annual income statement — 30-year revenue, gross profit & net income history

Annual Quarterly

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21

Sales/Revenue	17.21B	10.84B	10.71B	9.52B	9.68B	12.71B	11.06B	10.4B	10.62B	9.42B	10.68B	11.76B	7.89B	8.63B	9.69B	12.57B	13.81B	12.13B	10.19B	7.71B
Revenue Growth %	77.92%	-14.74%	-3.2%	-8.51%	-8.92%	34.92%	3.61%	-11.57%	34.63%	9.18%	10.22%	-6.46%	-42.88%	-28.87%	-4.92%	63.07%	111.68%	83.6%	95.25%	64.91%
Cost of Goods Sold	10.8B	7.36B	8.57B	4.91B	7.37B	9.15B	8.21B	7.4B	7.85B	7.15B	7.59B	7.74B	4.54B	4.5B	4.91B	7.88B	8.67B	7.36B	6.38B	3.28B
COGS % of Revenue	62.75%	67.91%	80.01%	51.61%	76.13%	72.02%	74.16%	71.15%	73.94%	75.91%	71.09%	65.82%	57.55%	52.12%	50.68%	62.68%	62.76%	60.64%	62.65%	42.51%
Gross Profit	6.41B	3.48B	2.14B	4.61B	2.31B	3.56B	2.86B	3B	2.77B	2.27B	3.09B	4.02B	3.35B	4.13B	4.78B	4.69B	5.14B	4.78B	3.81B	4.43B
Gross Margin %	37.25%	32.09%	19.99%	48.39%	23.87%	27.98%	25.84%	28.85%	26.06%	24.09%	28.91%	34.18%	42.45%	47.88%	49.32%	37.32%	37.24%	39.36%	37.35%	57.49%
Gross Profit Growth %	177.7%	-2.22%	-25.11%	53.45%	-16.58%	56.7%	-7.39%	-25.35%	-17.35%	-45.06%	-35.4%	-14.32%	-34.88%	-13.47%	25.56%	5.84%	57.28%	43.87%	738.33%	795.56%
Operating Expenses	61M	800.06M	347M	215M	249M	269M	269M	177M	208M	517M	267M	4.02B	189M	172M	427M	172M	110M	709M	334M	144M
OpEx % of Revenue	0.35%	7.38%	3.24%	2.26%	2.57%	2.12%	2.43%	1.7%	1.96%	5.49%	2.5%	34.18%	2.4%	1.99%	4.41%	1.37%	0.8%	5.84%	3.28%	1.87%
Selling, General & Admin	-37M	800.06M	243M	215M	159M	178M	171M	80M	111M	420M	176M	406M	189M	172M	427M	90M	52M	650M	288M	144M
SG&A % of Revenue	-0.21%	7.38%	2.27%	2.26%	1.64%	1.4%	1.55%	0.77%	1.04%	4.46%	1.65%	3.45%	2.4%	1.99%	4.41%	0.72%	0.38%	5.36%	2.83%	1.87%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1000K	242	1000K	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	0	0	1000K	1000K	1000K	1000K	0
Operating Income	6.35B	2.68B	1.79B	4.39B	2.06B	3.29B	2.59B	2.82B	2.56B	1.75B	2.82B	0	3.16B	3.96B	4.35B	4.52B	5.03B	4.07B	3.47B	4.29B
Operating Margin %	36.89%	24.71%	16.75%	46.13%	21.29%	25.87%	23.41%	27.15%	24.1%	18.61%	26.41%	-	40.05%	45.89%	44.92%	35.95%	36.44%	33.51%	34.07%	55.62%
Operating Income Growth %	208.3%	-18.56%	-30.73%	55.45%	-19.53%	87.56%	-8.16%	-	-18.99%	-55.73%	-35.2%	-100%	-37.21%	-2.61%	25.35%	5.39%	65.23%	31.37%	1906.94%	1088.09%
EBITDA	8.25B	4.66B	4.33B	7.7B	3.83B	5.16B	4.49B	4.42B	4.21B	3.29B	4.88B	4.87B	4.65B	5.47B	5.7B	5.97B	6.4B	5.53B	4.99B	5.78B
EBITDA Margin %	47.94%	42.98%	40.45%	80.87%	39.53%	40.58%	40.59%	42.52%	39.63%	34.88%	45.71%	41.41%	58.91%	63.38%	58.82%	47.51%	46.31%	45.6%	48.98%	74.93%
EBITDA Growth %	115.76%	-9.69%	-3.54%	74.04%	-9.12%	56.97%	-7.99%	-9.22%	-9.44%	-39.93%	-14.35%	-18.46%	-27.33%	-1.12%	14.19%	3.39%	42.77%	21.26%	179.14%	216.6%
D&A (Non-Cash Add-back)	1.9B	1.98B	2.54B	3.31B	1.76B	1.87B	1.9B	1.6B	1.65B	1.53B	2.06B	1.54B	1.49B	1.51B	1.35B	1.45B	1.36B	1.47B	1.52B	1.49B
EBIT	6.13B	2.05B	7.09B	580M	3.05B	3.35B	1.81B	2.96B	2.41B	1.55B	3.13B	3.33B	1.68B	2.43B	1.13B	3.92B	4.69B	4.24B	3.61B	2.82B
Net Interest Income	-238M	-318.82M	-245M	-93M	-238M	-258M	-142M	-154M	-158M	-138M	-117M	-187M	-178M	-154M	-76M	-150M	-160M	-163M	-171M	-178M
Interest Income	0	0	0	0	0	0	81M	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Expense	238M	318.82M	245M	93M	238M	258M	223M	154M	158M	138M	117M	187M	178M	154M	76M	150M	160M	163M	171M	178M
Other Income/Expense	-463M	-943.43M	5.05B	-3.9B	749M	-191M	-1B	-15M	-304M	-345M	138M	3.15B	-1.39B	-1.67B	-2.64B	-755M	-501M	11M	-62M	-1.48B
Pretax Income	5.89B	1.73B	6.85B	487M	2.81B	3.1B	1.59B	2.81B	2.26B	1.41B	2.96B	3.15B	1.77B	2.29B	1.71B	3.77B	4.53B	4.08B	3.41B	2.81B
Pretax Margin %	34.2%	16%	63.94%	5.12%	29.03%	24.36%	14.33%	27.01%	21.24%	14.94%	27.7%	26.76%	22.46%	26.51%	17.65%	29.94%	32.81%	33.61%	33.46%	36.43%
Income Tax	1.39B	382.99M	1.54B	-113M	350M	639M	448M	543M	541M	421M	331M	803M	309M	489M	190M	951M	1.03B	976M	876M	607M
Effective Tax Rate %	23.52%	22.08%	22.56%	-23.2%	12.46%	20.63%	28.25%	19.33%	23.98%	29.9%	11.19%	25.52%	17.44%	21.37%	11.11%	25.26%	22.73%	23.94%	25.69%	21.61%
Net Income	4.5B	1.35B	5.3B	600M	2.46B	2.46B	1.14B	2.27B	1.72B	987M	2.63B	2.34B	1.46B	1.8B	1.52B	2.81B	3.5B	3.1B	2.53B	2.2B
Net Margin %	26.16%	12.47%	49.51%	6.31%	25.42%	19.34%	10.29%	21.79%	16.15%	10.48%	24.6%	19.93%	18.54%	20.85%	15.69%	22.38%	25.35%	25.56%	24.87%	28.56%
Net Income Growth %	83.12%	-45.02%	365.99%	-73.52%	43.38%	149.04%	-56.68%	-3.33%	17.22%	-45.14%	72.83%	-16.7%	-58.22%	-41.99%	-40.02%	27.79%	125.79%	125.2%	238.32%	439.71%
Net Income (Continuing)	4.5B	1.35B	5.3B	600M	2.46B	2.46B	1.14B	2.27B	1.72B	987M	2.63B	2.34B	1.46B	1.8B	1.52B	2.81B	3.5B	3.1B	2.53B	2.2B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	2.15	0.64	2.54	0.29	1.17	1.17	0.54	1.06	0.80	0.46	1.22	1.08	0.67	0.82	0.69	1.26	1.52	1.33	1.08	0.93
EPS Growth %	83.76%	-45.3%	370.37%	-72.64%	46.25%	154.35%	-55.74%	-1.85%	19.4%	-43.9%	76.81%	-14.29%	-55.92%	-38.35%	-36.11%	35.48%	133.85%	129.31%	237.5%	447.06%
EPS (Basic)	2.17	0.64	2.54	0.29	1.17	1.17	0.54	1.07	0.80	0.46	1.22	1.08	0.67	0.82	0.69	1.26	1.52	1.33	1.08	0.93
Diluted Shares Outstanding	2.09B	2.1B	2.09B	2.07B	2.1B	2.11B	2.12B	2.13B	2.15B	2.14B	2.16B	2.2B	2.21B	2.22B	2.24B	2.26B	2.33B	2.36B	2.37B	2.36B
Basic Shares Outstanding	2.08B	2.08B	2.08B	2.07B	2.09B	2.1B	2.11B	2.12B	2.13B	2.14B	2.16B	2.21B	2.22B	2.22B	2.23B	2.26B	2.33B	2.36B	2.37B	2.36B
Dividend Payout Ratio	28.96%	65.11%	23.1%	204.67%	50.14%	48.17%	97.54%	49.34%	65.6%	109.02%	37.3%	41.98%	51%	52.14%	54.87%	89.98%	19.31%	17.76%	17.22%	19.97%