Cenovus Energy revenue and financials
Secondary listing. The primary listing is Cenovus Energy · TSX (CAD)
$31.24Change from previous close: −0.73%Absolute change: −$0.23
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 65,118 | 64,848 | 63,424 | 53,573 | 55,820 | 56,380 | 56,539 | 54,680 | 56,000 | 54,994 | 53,915 | 54,427 |
| Current assets | 11,976 | 11,477 | 9,890 | 9,769 | 9,456 | 10,103 | 10,434 | 10,176 | 11,647 | 10,838 | 9,708 | 10,745 |
| Cash and equivalents | 3,170 | 2,575 | 2,740 | 1,901 | 2,563 | 2,768 | 3,093 | 3,104 | 3,154 | 2,400 | 2,227 | 1,262 |
| Receivables | 4,447 | 4,775 | 3,541 | 4,483 | 2,976 | 3,019 | 2,658 | 2,976 | 3,888 | 4,002 | 3,209 | 4,667 |
| Inventory | 4,359 | 4,127 | 3,349 | 3,126 | 3,917 | 4,316 | 4,496 | 4,096 | 4,605 | 4,436 | 4,030 | 4,816 |
| Net property, plant and equipment | 47,621 | 47,798 | 47,988 | 38,316 | 41,138 | 41,095 | 41,002 | 39,733 | 39,676 | 39,636 | 39,668 | 39,261 |
| Goodwill | 2,912 | 2,912 | 2,912 | 2,923 | 2,923 | 2,923 | 2,923 | 2,923 | 2,923 | 2,923 | 2,923 | 2,923 |
| Other intangible assets | — | — | 23.0 | — | — | — | 11.0 | — | — | — | — | 11.0 |
| Long-term investments | 492 | 486 | 488 | 511 | 550 | 579 | 618 | 411 | 691 | 559 | 497 | 422 |
| Current liabilities | 7,354 | 7,330 | 6,314 | 5,651 | 7,142 | 6,910 | 7,362 | 6,383 | 7,029 | 6,365 | 6,210 | 7,205 |
| Accounts payable | 6,019 | 6,691 | 5,502 | 5,216 | 6,218 | 5,948 | 5,907 | 5,630 | 6,482 | 5,811 | 1,075 | 6,435 |
| Long-term debt | 8,558 | 10,633 | 11,032 | 7,156 | 7,059 | 7,332 | 7,342 | 7,019 | 7,275 | 7,227 | 7,108 | 7,224 |
| Total debt | 11,631 | 13,752 | 14,207 | 10,028 | 10,486 | — | — | — | — | — | — | — |
| Total liabilities | 30,904 | 32,315 | 31,786 | 25,184 | 26,403 | 26,333 | 26,770 | 25,075 | 25,974 | 25,249 | 25,203 | 25,600 |
| Total equity (incl. minority) | 34,214 | 32,533 | 31,638 | 28,389 | 29,417 | 30,047 | 29,769 | 29,605 | 30,026 | 29,745 | 28,712 | 28,827 |
| Retained earnings | 14,818 | 13,118 | 12,323 | 12,229 | 11,522 | 11,039 | 10,513 | 10,706 | 10,224 | 9,818 | 8,913 | 8,440 |
| Minority interest | 16.0 | 16.0 | 16.0 | 15.0 | 15.0 | 15.0 | 15.0 | 14.0 | 14.0 | 14.0 | 14.0 | 13.0 |