Cenovus Energy Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	4,247	5,149	5,653	6,118	4,321	2,292
Revenue Growth (YoY)	-22.02%	-8.92%	-7.60%	41.59%	88.52%	-41.69%
Cost of Revenue	717	1,248	1,734	1,555	1,137	2,055
Gross Profit	3,530	3,901	3,919	4,563	3,184	237
Selling, General & Admin	106	97	104	97	82	35
Depreciation & Amortization Expenses	426	620	596	507	450	410
Exploration Expenses	-	-	-	-	-	366
Other Operating Expenses	2,168	2,375	2,347	2,511	2,023	-375
Total Operating Expenses	2,700	3,092	3,047	3,115	2,555	436
Operating Income	830	809	872	1,448	629	-199
Interest Expense	-94	-113	-149	-217	-267	-284
Other Non-Operating Income (Expense)	-25	-	-	-9	4	6
Total Non-Operating Income (Expense)	-119	-113	-149	-226	-263	-278
Pretax Income	711	696	723	1,222	366	-477
Provision for Income Taxes	168	189	154	320	83	-120
Net Income	543	507	569	902	283	-357
Net Income to Common	543	507	569	902	283	-357
Net Income Growth	7.74%	-10.90%	-36.92%	218.73%	-	-
Shares Outstanding (Basic)	257	268	285	304	306	302
Shares Outstanding (Diluted)	258	270	288	309	311	302
Shares Change (YoY)	-6.10%	-6.25%	-6.80%	-0.64%	2.98%	1.00%
EPS (Basic)	2.11	1.89	2.00	2.97	0.92	-1.18
EPS (Diluted)	2.10	1.87	1.98	2.92	0.91	-1.18
EPS Growth	13.51%	-5.56%	-32.19%	220.88%	-	-
Shares Outstanding	254.38	260.15	274.64	291.08	306.87	302.68
Free Cash Flow	418	792	900	1,512	359	153
Free Cash Flow Growth	-47.22%	-12.00%	-40.48%	321.17%	134.64%	-64.66%
Free Cash Flow Per Share	1.62	2.93	3.13	4.89	1.15	0.51
Dividends Per Share	0.760	0.815	0.525	0.464	0.088	0.063
Dividend Growth	-6.75%	55.24%	13.15%	427.27%	39.68%	-70.35%
Gross Margin	83.12%	75.76%	69.33%	74.58%	73.69%	10.34%
Operating Margin	19.54%	15.71%	15.43%	23.67%	14.56%	-8.68%
Profit Margin	12.79%	9.85%	10.07%	14.74%	6.55%	-15.58%
FCF Margin	9.84%	15.38%	15.92%	24.71%	8.31%	6.68%
EBITDA	1,256	1,429	1,468	1,955	1,079	211
EBITDA Margin	29.57%	27.75%	25.97%	31.95%	24.97%	9.21%
EBIT	830	809	872	1,448	629	-199
EBIT Margin	19.54%	15.71%	15.43%	23.67%	14.56%	-8.68%
Effective Tax Rate	23.63%	27.16%	21.30%	26.19%	22.68%	25.16%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.