Cenovus Energy Inc. (CVE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q2'21 |
|---|
| Sales/Revenue | 12.39B | 10.87B | 13.2B | 12.94B | 14.21B | 15.2B | 14.25B | 15.44B | 13.81B | 14.04B | 14.58B | 9.23B | 9.07B | 10.37B | 12.62B | 14.88B | 12.95B | 11.01B | 10.01B | 8.59B |
| Revenue Growth % | -12.79% | -28.44% | -7.4% | -16.2% | 2.86% | 8.26% | -2.25% | 67.34% | 52.32% | 35.3% | 15.47% | -37.99% | -29.96% | -5.81% | 26.11% | 73.24% | 75.08% | 193.8% | 173.6% | 295.12% |
| Cost of Goods Sold | 9.67B | 9.56B | 10.14B | 10.35B | 11.1B | 12.46B | 11.31B | 11.84B | 10.32B | 11.39B | 9.98B | 8.31B | 8.4B | 9.07B | 11.05B | 11.73B | 10.26B | 9.66B | 8.68B | 7.54B |
| COGS % of Revenue | 78.1% | 87.89% | 76.84% | 79.95% | 78.11% | 81.98% | 79.35% | 76.67% | 74.75% | 81.16% | 68.48% | 90.12% | 92.65% | 87.43% | 87.56% | 78.85% | 79.23% | 87.69% | 86.72% | 87.8% |
| Gross Profit | 2.71B | 1.32B | 3.06B | 2.59B | 3.11B | 2.74B | 2.94B | 3.6B | 3.49B | 2.64B | 4.59B | 912.07M | 666.2M | 1.3B | 1.57B | 3.15B | 2.69B | 1.36B | 1.33B | 1.05B |
| Gross Margin % | 21.9% | 12.11% | 23.16% | 20.05% | 21.89% | 18.02% | 20.65% | 23.33% | 25.25% | 18.84% | 31.52% | 9.88% | 7.35% | 12.57% | 12.44% | 21.15% | 20.77% | 12.31% | 13.28% | 12.2% |
| Gross Profit Growth % | -12.77% | -51.9% | 3.87% | -28% | -10.81% | 3.56% | -35.96% | 295.04% | 423.42% | 102.72% | 192.57% | -71.02% | -75.22% | -3.81% | 18.09% | 200.23% | 225.53% | 107.64% | 80.42% | 197.79% |
| Operating Expenses | 412.06M | 241.8M | 221M | 1.9B | 1.83B | 1.9B | 1.91B | 2.1B | 1.8B | 1.67B | 4.59B | 125.98M | 116.83M | 236.06M | 92.49M | 169.27M | 159.04M | 283.03M | 124.54M | 137.28M |
| OpEx % of Revenue | 3.33% | 2.22% | 1.67% | 14.71% | 12.85% | 12.48% | 13.39% | 13.62% | 13.04% | 11.87% | 31.52% | 1.37% | 1.29% | 2.28% | 0.73% | 1.14% | 1.23% | 2.57% | 1.24% | 1.6% |
| Selling, General & Admin | 412.06M | 241.8M | 221M | 153M | 197M | 201M | 172M | 175M | 246M | 71M | 292M | 125.98M | 116.83M | 236.06M | 92.49M | 169.27M | 159.04M | 283.03M | 124.54M | 137.28M |
| SG&A % of Revenue | 3.33% | 2.22% | 1.67% | 1.18% | 1.39% | 1.32% | 1.21% | 1.13% | 1.78% | 0.51% | 2% | 1.37% | 1.29% | 2.28% | 0.73% | 1.14% | 1.23% | 2.57% | 1.24% | 1.6% |
| 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 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 2.3B | 1.08B | 2.83B | 690M | 1.28B | 841M | 1.03B | 1.5B | 1.69B | 978M | 0 | 786.08M | 549.37M | 1.07B | 1.48B | 2.98B | 2.53B | 1.07B | 1.21B | 910.93M |
| Operating Margin % | 18.57% | 9.89% | 21.49% | 5.33% | 9.04% | 5.53% | 7.26% | 9.71% | 12.21% | 6.97% | - | 8.52% | 6.06% | 10.3% | 11.71% | 20.01% | 19.54% | 9.74% | 12.04% | 10.6% |
| Operating Income Growth % | 79.2% | 27.84% | 174.18% | -54% | -23.84% | -14.01% | - | 90.82% | 206.89% | -8.44% | -100% | -73.6% | -78.28% | -0.43% | 22.62% | 226.89% | 263.33% | 110.77% | 83.15% | 264.37% |
| EBITDA | 3.84B | 2.51B | 4.22B | 1.87B | 2.6B | 2.07B | 2.25B | 2.73B | 2.88B | 2.23B | 3.81B | 1.64B | 1.41B | 1.95B | 2.27B | 3.89B | 3.39B | 1.98B | 2.15B | 1.78B |
| EBITDA Margin % | 31% | 23.08% | 31.98% | 14.48% | 18.29% | 13.6% | 15.8% | 17.7% | 20.86% | 15.87% | 26.12% | 17.73% | 15.52% | 18.81% | 17.94% | 26.15% | 26.17% | 17.95% | 21.5% | 20.78% |
| EBITDA Growth % | 47.8% | 21.49% | 87.39% | -31.43% | -9.82% | -7.27% | -40.85% | 67.02% | 104.75% | 14.19% | 68.05% | -57.95% | -58.47% | -1.32% | 5.24% | 118.06% | 116.36% | 61.94% | 60.76% | 110.46% |
| D&A (Non-Cash Add-back) | 1.54B | 1.43B | 1.39B | 1.18B | 1.31B | 1.23B | 1.22B | 1.23B | 1.2B | 1.25B | 1.2B | 850.21M | 857.7M | 883.03M | 787.63M | 913.91M | 858.34M | 904.45M | 947.42M | 873.78M |
| EBIT | 2.3B | 1.16B | 1.36B | 1.17B | 1.29B | 346M | 1.18B | 1.47B | 1.72B | 1.14B | 2.61B | 890.19M | 536.8M | 869.01M | 1.74B | 2.66B | 1.88B | 18.97M | 892.24M | 411.05M |
| Net Interest Income | -130.34M | -100.92M | -67M | -104M | -130M | -115M | -109M | -126M | -57.58M | -67.91M | -13.25M | -78.46M | -78.38M | -79.67M | -103.33M | -110.26M | -135.86M | -140.73M | -241.98M | -147.78M |
| Interest Income | 26.07M | 29.98M | 0 | 50M | 33M | 47M | 51M | 37M | 25.84M | 24.9M | 24.29M | 25.65M | 24.4M | 27.29M | 15.17M | 6.21M | 11.99M | 9.49M | 3.15M | 2.42M |
| Interest Expense | 156.4M | 130.89M | 67M | 154M | 163M | 162M | 160M | 163M | 83.42M | 92.8M | 37.54M | 104.11M | 102.78M | 106.97M | 118.51M | 116.47M | 147.85M | 150.21M | 245.13M | 150.21M |
| Other Income/Expense | -211.55M | -41.97M | -1.54B | 326M | -154M | -657M | -10M | -191M | -132M | -4M | 2.42B | 4.53M | -110.91M | -303.19M | 150.3M | -436.38M | -796.8M | -1.19B | -547.8M | -639.59M |
| Pretax Income | 2.09B | 1.03B | 1.3B | 1.02B | 1.13B | 184M | 1.02B | 1.31B | 1.55B | 974M | 2.42B | 790.61M | 438.46M | 764.99M | 1.63B | 2.54B | 1.73B | -117.8M | 657.36M | 271.34M |
| Pretax Margin % | 16.87% | 9.5% | 9.83% | 7.85% | 7.95% | 1.21% | 7.19% | 8.48% | 11.25% | 6.94% | 16.64% | 8.57% | 4.84% | 7.37% | 12.9% | 17.08% | 13.38% | -1.07% | 6.57% | 3.16% |
| Income Tax | 515.33M | 99.92M | 11M | 165M | 271M | 38M | 204M | 309M | 378M | 231M | 561M | 137.3M | -31.79M | 186.64M | 465.35M | 653.01M | 433.97M | 204.77M | 223.06M | 90.45M |
| Effective Tax Rate % | 24.66% | 9.67% | 0.85% | 16.24% | 23.98% | 20.65% | 19.92% | 23.61% | 24.32% | 23.72% | 23.13% | 17.37% | -7.25% | 24.4% | 28.58% | 25.7% | 25.05% | -173.83% | 33.93% | 33.33% |
| Net Income | 1.57B | 933.24M | 1.29B | 851M | 859M | 146M | 820M | 1B | 1.18B | 743M | 1.86B | 653.31M | 470.26M | 578.36M | 1.16B | 1.89B | 1.3B | -322.56M | 434.3M | 180.89M |
| Net Margin % | 12.71% | 8.58% | 9.75% | 6.58% | 6.05% | 0.96% | 5.75% | 6.48% | 8.52% | 5.29% | 12.79% | 7.08% | 5.19% | 5.57% | 9.21% | 12.69% | 10.03% | -2.93% | 4.34% | 2.11% |
| Net Income Growth % | 83.24% | 539.2% | 56.83% | -14.9% | -26.96% | -80.35% | -56.01% | 53.07% | 150.08% | 28.47% | 60.32% | -65.4% | -63.79% | 279.3% | 167.71% | 943.92% | 641.94% | -110.83% | 323.87% | 176.98% |
| Net Income (Continuing) | 1.57B | 933.24M | 1.29B | 851M | 859M | 146M | 820M | 1B | 1.18B | 743M | 1.86B | 653.31M | 470.26M | 578.36M | 1.16B | 1.89B | 1.3B | -322.56M | 434.3M | 180.89M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 16.04M | 15.99M | 15M | 15M | 15M | 15M | 14M | 14M | 14M | 14M | 13M | 13M | 13M | 13M | 12M | 12M | 12M | 9.49M | 8.67M | 11M |
| EPS (Diluted) | 0.84 | 0.49 | 0.72 | 0.46 | 0.47 | 0.07 | 0.42 | 0.53 | 0.62 | 0.39 | 0.97 | 0.44 | 0.32 | 0.38 | 0.79 | 1.20 | 0.80 | -0.25 | 0.33 | 0.13 |
| EPS Growth % | 78.72% | 597.01% | 71.43% | -13.21% | -24.19% | -81.97% | -56.7% | 20.45% | 93.75% | 2.63% | 22.78% | -63.33% | -60% | 252% | 139.39% | 823.08% | 515.38% | -108.33% | 306.25% | 168.42% |
| EPS (Basic) | 0.84 | 0.51 | 0.72 | 0.47 | 0.47 | 0.07 | 0.42 | 0.53 | 0.62 | 0.39 | 0.98 | 0.44 | 0.32 | 0.39 | 0.81 | 1.22 | 0.81 | -0.26 | 0.34 | 0.14 |
| Diluted Shares Outstanding | 1.88B | 1.86B | 1.79B | 1.83B | 1.83B | 1.86B | 1.86B | 1.87B | 1.88B | 1.88B | 1.91B | 1.96B | 1.96B | 2.03B | 2.03B | 2.03B | 2.03B | 1.64B | 1.64B | 1.64B |
| Basic Shares Outstanding | 1.87B | 1.83B | 1.79B | 1.82B | 1.82B | 1.83B | 1.85B | 1.86B | 1.87B | 1.88B | 1.91B | 1.93B | 1.93B | 1.98B | 1.98B | 1.98B | 1.98B | 1.6B | 1.6B | 1.6B |
| Dividend Payout Ratio | 24.01% | 40.26% | 27.68% | 43.24% | 38.07% | 226.03% | 40.12% | 58.5% | 22.28% | 35.13% | 14.16% | 40.56% | 42.53% | 72.62% | 17.63% | 10.96% | 5.31% | - | 8.06% | 19.9% |