Cenovus Energy Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	48,753	49,696	54,277	52,204	66,897	46,357
Revenue Growth (YoY)	-10.57%	-8.44%	3.97%	-21.96%	44.31%	242.30%
Cost of Revenue	36,628	39,024	43,482	41,208	50,900	36,080
Gross Profit	12,125	10,672	10,795	10,996	15,997	10,277
Selling, General & Admin	1,026	812	794	688	865	849
Depreciation & Amortization Expenses	-	-	-	-	4,679	5,886
Exploration Expenses	-	-	-	-	101	18
Other Operating Expenses	5,618	5,430	5,164	4,832	1,742	1,344
Total Operating Expenses	6,644	6,242	5,958	5,520	7,387	8,097
Operating Income	5,481	4,430	4,837	5,476	8,610	2,180
Interest Income	75	53	66	51	15	57
Interest Expense	-627	-569	-514	-538	-739	-1,059
Other Non-Operating Income (Expense)	502	563	-318	51	845	137
Total Non-Operating Income (Expense)	-50	47	-766	-436	121	-865
Pretax Income	5,431	4,477	4,071	5,040	8,731	1,315
Provision for Income Taxes	790	547	929	931	2,281	728
Net Income	4,641	3,930	3,142	4,109	6,450	587
Net Income to Common	4,641	3,930	3,142	4,109	6,450	587
Net Income Growth	64.28%	25.08%	-23.53%	-36.30%	998.81%	-
Shares Outstanding (Basic)	1,823	1,810	1,850	1,895	1,951	2,016
Shares Outstanding (Diluted)	1,832	1,820	1,863	1,940	2,006	2,045
Shares Change (YoY)	-1.00%	-2.33%	-3.95%	-3.31%	-1.91%	66.42%
EPS (Basic)	2.53	2.16	1.68	2.15	3.29	0.27
EPS (Diluted)	2.53	2.15	1.67	2.09	3.20	0.27
EPS Growth	69.73%	28.74%	-20.10%	-34.69%	1085.19%	-
Shares Outstanding	1,872	1,883	1,825	1,872	1,909	2,001
Free Cash Flow	4,246	3,321	4,220	3,090	7,695	3,356
Free Cash Flow Growth	27.85%	-21.30%	36.57%	-59.84%	129.29%	-
Free Cash Flow Per Share	2.32	1.82	2.26	1.59	3.84	1.64
Dividends Per Share	0.800	0.780	0.815	0.525	0.464	0.088
Dividend Growth	2.56%	-4.29%	55.24%	13.15%	427.27%	39.68%
Gross Margin	24.87%	21.47%	19.89%	21.06%	23.91%	22.17%
Operating Margin	11.24%	8.91%	8.91%	10.49%	12.87%	4.70%
Profit Margin	9.52%	7.91%	5.79%	7.87%	9.64%	1.27%
FCF Margin	8.71%	6.68%	7.77%	5.92%	11.50%	7.24%
EBITDA	10,830	9,622	9,708	10,120	13,289	8,066
EBITDA Margin	22.21%	19.36%	17.89%	19.39%	19.86%	17.40%
EBIT	5,481	4,430	4,837	5,476	8,610	2,180
EBIT Margin	11.24%	8.91%	8.91%	10.49%	12.87%	4.70%
Effective Tax Rate	14.55%	12.22%	22.82%	18.47%	26.13%	55.36%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q