Cenovus Energy Inc. (CVE) — Financial statements
Income statement, balance sheet, and cash flow for Cenovus Energy Inc. — annual and quarterly history with growth and margin analysis.
| Metric (CAD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 49,656↓14.0% | 57,726↑4.1% | 55,474↓22.7% | 71,765↑47.0% | 48,811 | |
| Cost of Revenue | 44,464↓1.1% | 44,961↑5.1% | 42,770↓21.7% | 54,631↑37.6% | 39,704 | |
| Gross Profit | 5,192↓59.3% | 12,765↑0.5% | 12,704↓25.9% | 17,134↑88.1% | 9,107 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 794↑15.4% | 688↓20.5% | 865↑1.9% | 849 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 811↑2.2% | 794↑15.4% | 688↓20.5% | 865↑1.9% | 849 | |
| Other Expenses | 0.00↓100.0% | 6,910↑8.1% | 6,394↑8.1% | 5,917↑25.0% | 4,734 | |
| Operating Expenses | 811↓89.5% | 7,704↑8.8% | 7,082↑4.4% | 6,782↑21.5% | 5,583 | |
| Total Costs & Expenses | 45,275↓14.0% | 52,665↑5.6% | 49,852↓18.8% | 61,413↑35.6% | 45,287 | |
| Operating Results | ||||||
| Operating Income | 4,380↓13.4% | 5,061↓10.0% | 5,622↓45.7% | 10,352↑193.8% | 3,524 | |
| Depreciation & Amortization | 5,431↑11.5% | 4,871↑4.9% | 4,644↓0.7% | 4,679↑8.3% | 4,322 | |
| EBITDA | 10,371↑8.1% | 9,591↓7.8% | 10,407↓26.8% | 14,222↑112.7% | 6,685 | |
| EBIT | 4,940↑4.7% | 4,720↓18.1% | 5,763↓39.6% | 9,543↑303.9% | 2,363 | |
| Interest & Other Income | ||||||
| Net Interest Income | -326↑32.0% | -479↑5.3% | -506↑27.9% | -702↑31.5% | -1,025 | |
| Interest Income | 141↓17.1% | 170↓21.7% | 217↑97.3% | 110↑378.3% | 23 | |
| Interest Expense | 467↓28.1% | 649↓10.2% | 723↓11.0% | 812↓22.5% | 1,048 | |
| Non-Operating Income | -560↓264.1% | 341↑341.8% | -141↓117.4% | 809↓30.3% | 1,161 | |
| Other Income / Expenses | 93↑109.4% | -990↓70.1% | -582↑64.1% | -1,621↑26.6% | -2,209 | |
| Income Before Tax | 4,473↑9.9% | 4,071↓19.2% | 5,040↓42.3% | 8,731↑564.0% | 1,315 | |
| Income Tax Expense | 547↓41.2% | 929↓0.2% | 931↓59.2% | 2,281↑213.3% | 728 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 3,927↑25.0% | 3,142↓23.5% | 4,109↓36.3% | 6,450↑998.8% | 587 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 3,927↑25.0% | 3,142↓23.5% | 4,109↓36.3% | 6,450↑998.8% | 587 | |
| Bottom-Line Net Income | 3,912↑25.9% | 3,106↓23.7% | 4,073↓36.5% | 6,415↑1060.0% | 553 | |
| EPS (Basic) | 2.17↑29.2% | 1.68↓20.8% | 2.12↓35.6% | 3.29↑1034.5% | 0.29 | |
| EPS (Diluted) | 2.15↑28.7% | 1.67↓21.2% | 2.12↓33.8% | 3.20↑1003.4% | 0.29 | |
| Weighted Average Shares | 1,810↓2.1% | 1,848↓2.5% | 1,895↓2.9% | 1,951↓3.2% | 2,016 | |
| Weighted Average Diluted Shares | 1,820↓2.3% | 1,863↓3.2% | 1,925↓4.0% | 2,006↓1.9% | 2,045 | |
* All figures in Millions of CAD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.