Cenovus Energy Inc. (CVE) Income Statement

NYSE: CVERevenue, profits, margins and EPS over 1 years.

CVE 2025 at a glance

Fiscal year ended December 31, 2025 · U.S. dollars
Revenue
$49.66B
2025 · hover or tap a bar for each year
2025: $49.66B
20252025
Gross profit
$5.19B
2025 · hover or tap a bar for each year
2025: $5.19B
20252025
Operating income
$4.38B
2025 · hover or tap a bar for each year
2025: $4.38B
20252025
Net income
$3.93B
2025 · hover or tap a bar for each year
2025: $3.93B
20252025
EPS (diluted)
$1.51
2025 · hover or tap a bar for each year
2025: $1.51
20252025
Net profit margin
7.9%
2025 · hover or tap a point for each year
20252025

CVE revenue and net income

RevenueNet incomeNet margin (right axis)

Where CVE's revenue goes

2025
Revenue
$49.66B100.0%
Cost of revenue
−$44.46B−89.5%
Gross profit
$5.19B10.5%
Sales, general & admin
−$812.0M−1.6%
Operating income
$4.38B8.8%
Income taxes
−$546.6M−1.1%
Net income
$3.93B7.9%

Each bar shows an amount and its share of revenue. CVE kept 7.9% of revenue as net income.

CVE profit margins

GrossOperatingNet

CVE growth rates

to 2025
1 year3 years5 years10 years
Revenue————
Gross profit————
Operating income————
Net income————
EPS (diluted)————

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

CVE quarterly EPS vs estimates

Reported EPSAnalyst estimate

Cenovus Energy beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: October 30, 2026 (estimate $1.21).

CVE income statement

Cenovus Energy Inc. annual income statement
2025
Revenue$49.66B
Cost of revenue$44.46B
Gross profit$5.19B
Sales, general & admin$812.0M
Total operating expenses$811.3M
Operating income$4.38B
Interest income$165.0M
Interest expense$466.6M
Income before taxes$4.47B
Income taxes$546.6M
Net income$3.93B
EBITDA$10.37B
EPS (diluted)$1.51
Gross margin10.5%
Operating margin8.8%
Net margin7.9%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CVE's financial statements (latest annual report filed February 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

CVE financial results

In fiscal year 2025 (ended December 31, 2025), Cenovus Energy reported revenue of $49.7 billion. It had net income of $3.9 billion, a net profit margin of 7.9%. Diluted earnings per share came to $1.51.

See the CVE stock overview for the latest quote and news, or the CVE chart for price history and technical indicators.

CVE income statement FAQ

What is Cenovus Energy's annual revenue?

Cenovus Energy reported total revenue of $49.7 billion for fiscal year 2025, which ended on December 31, 2025.

Is Cenovus Energy profitable?

Yes. Cenovus Energy reported net income of $3.9 billion in fiscal 2025, a net profit margin of 7.9%; its operating margin was 8.8%.

What is Cenovus Energy's gross margin?

Cenovus Energy's gross margin was 10.5% in fiscal 2025: for every $100 of revenue, Cenovus Energy kept $10 after the direct cost of its products and services.

What are Cenovus Energy's earnings per share?

Cenovus Energy earned $1.51 per diluted share in fiscal 2025.

When will Cenovus Energy report its next earnings?

Cenovus Energy is expected to report results for the quarter ending September 30, 2026 on October 30, 2026.

When does Cenovus Energy's fiscal year end?

Cenovus Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 19, 2026.

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