Canadian Natural Resources Limited (TSX:CNQ)

TSX:CNQ Revenue

Canadian Natural Resources had revenue of 12.79B CAD in the quarter ending September 30, 2026, with 34.44% growth. This brings the company's total for the last twelve months to 47.95B, up 24.16% year-over-year. In the year 2025, Canadian Natural Resources had annual revenue of 38.76B with 8.71% growth. That makes Canadian Natural Resources the 409th largest company in the world by revenue and 13th in Canada.

• Revenue (ttm): 47.95B
• Revenue Growth: +24.16%
• P/S Ratio: 2.91
• Revenue / Employee: 4.46M
• Employees: 10,750
• Market Cap: 139.41B

Revenue Chart

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Revenue by Segment

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• North America 18.95B 48.9%
• Oil Sands Mining & Upgrading 17.45B 45.0%
• Other 1.08B 2.8%
• Midstream & Refining 761.00M 2.0%
• North Sea 337.00M 0.9%
• Offshore Africa 187.00M 0.5%

Fiscal year ended Dec 31, 2025 See the full TSX:CNQ breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	38.76B	3.11B	8.71%
Dec 31, 2024	35.66B	-312.00M	-0.87%
Dec 31, 2023	35.97B	-6.33B	-14.97%
Dec 31, 2022	42.30B	12.24B	40.73%
Dec 31, 2021	30.06B	13.16B	77.93%
Dec 31, 2020	16.89B	-5.98B	-26.14%
Dec 31, 2019	22.87B	1.84B	8.77%
Dec 31, 2018	21.03B	3.69B	21.25%
Dec 31, 2017	17.34B	5.92B	51.76%
Dec 31, 2016	11.43B	-936.00M	-7.57%
Dec 31, 2015	12.36B	-6.50B	-34.46%
Dec 31, 2014	18.86B	2.72B	16.83%
Dec 31, 2013	16.15B	1.56B	10.67%
Dec 31, 2012	14.59B	797.00M	5.78%
Dec 31, 2011	13.79B	891.00M	6.91%
Dec 31, 2010	12.90B	1.82B	16.46%
Dec 31, 2009	11.08B	-5.10B	-31.50%
Dec 31, 2008	16.17B	3.63B	28.94%
Dec 31, 2007	12.54B	900.00M	7.73%
Dec 31, 2006	11.64B	513.00M	4.61%
Dec 31, 2005	11.13B	-	-

Data Source: Fiscal.ai Last updated: Nov 5, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 8, 2026

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