Cenovus Energy revenue and financials
Secondary listing. The primary listing is Cenovus Energy · TSX (CAD)
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In the fiscal year ended December 2025, Cenovus Energy reported revenue of $49.7B (−8.44% year over year). Net income was $3.93B, a net margin of 7.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −8.44%
- 2025 vs 2024
- Net income growth
- +25.08%
- 2025 vs 2024
- Net margin
- 7.9%
- 2024: 5.8%
Financial data
Amounts in millions of CAD; per-share values in CAD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 49,696 | 54,277 | 52,204 | 66,897 | 46,357 | 13,543 | 20,542 | 20,843 | 17,043 | 11,006 |
| Cost of revenue | 39,024 | 43,482 | 41,208 | 50,900 | 36,080 | — | — | — | — | — |
| Gross profit | 10,672 | 10,795 | 10,996 | 15,997 | 10,277 | — | — | — | — | — |
| Selling, general and administrative | 812 | 794 | 688 | 865 | 849 | — | — | — | — | — |
| Research and development | — | — | — | — | — | — | 20.0 | 25.0 | 36.0 | 36.0 |
| Operating income | 4,421 | 4,778 | 5,341 | 8,906 | 4,272 | — | — | — | — | — |
| EBIT | 4,421 | 4,778 | 5,341 | 8,906 | 4,272 | — | — | — | — | — |
| EBITDA | 9,525 | 9,583 | 9,912 | 13,098 | 8,092 | — | — | — | — | — |
| Interest expense | 569 | 514 | 538 | 820 | 1,082 | 536 | 511 | 627 | 645 | 390 |
| Pre-tax income | 4,477 | 4,071 | 5,040 | 8,731 | 1,315 | — | — | — | — | — |
| Income tax | 547 | 929 | 931 | 2,281 | 728 | -851 | -797 | -1,010 | -52.0 | -343 |
| Net income | 3,930 | 3,142 | 4,109 | 6,450 | 587 | -2,379 | 2,194 | -2,669 | 3,366 | -545 |
| Net income to common shareholders | 3,916 | 3,106 | 4,073 | 6,415 | 553 | — | — | — | — | — |
| Basic EPS | 2.16 | 1.68 | 2.15 | 3.29 | 0.27 | -1.94 | 1.78 | — | — | — |
| Diluted EPS | 2.15 | 1.67 | 2.09 | 3.20 | 0.27 | -1.94 | 1.78 | — | — | — |
| Average shares (basic) | 1,810 | 1,850 | 1,895 | 1,951 | 2,016 | — | — | — | — | — |
| Average shares (diluted) | 1,820 | 1,863 | 1,940 | 2,006 | 2,045 | — | — | — | — | — |
| Dividend per share | 0.78 | 0.82 | 0.53 | 0.46 | 0.09 | — | — | — | — | — |