Cenovus Energy annual operating expenses
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Cenovus Energy Operating Expenses Growth & History (CVE)
Cenovus Energy's operating expenses was $6.34B for fiscal 2025.
View full Cenovus Energy company overviewCenovus Energy annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $6.34B | −$505.0M | −7.38% |
| 2024 | 2024-12-31 | $6.84B | $489.0M | +7.70% |
| 2023 | 2023-12-31 | $6.35B | $536.0M | +9.22% |
| 2022 | 2022-12-31 | $5.82B | $1.10B | +23.32% |
| 2021 | 2021-12-31 | $4.72B | $2.76B | +141.23% |
| 2020 | 2020-12-31 | $1.96B | −$133.0M | −6.37% |
| 2019 | 2019-12-31 | $2.09B | −$96.0M | −4.40% |
| 2018 | 2018-12-31 | $2.18B | $235.0M | +12.06% |
| 2017 | 2017-12-31 | $1.95B | $710.0M | +57.30% |
| 2016 | 2016-12-31 | $1.24B | −$42.0M | −3.28% |
| 2015 | 2015-12-31 | $1.28B | — | — |
Cenovus Energy quarterly operating expenses
Q2.17
Q2.18
Q2.19
Q3.19
Q3.20
Q2.21
Q3.21
Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q3.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.61B | −$290.0M | −15.26% |
| Q1 2026 | 2026-03-31 | $1.89B | — | — |
| Q4 2025 | 2025-12-31 | $1.65B | — | — |
| Q3 2025 | 2025-09-30 | $1.59B | −$142.0M | −8.18% |
| Q2 2025 | 2025-06-30 | $1.90B | — | — |
| Q3 2024 | 2024-09-30 | $1.74B | $183.0M | +11.78% |
| Q4 2023 | 2023-12-31 | $1.56B | — | — |
| Q3 2023 | 2023-09-30 | $1.55B | $49.0M | +3.26% |
| Q2 2023 | 2023-06-30 | $1.60B | $119.0M | +8.04% |
| Q1 2023 | 2023-03-31 | $1.64B | — | — |
| Q3 2022 | 2022-09-30 | $1.50B | $354.0M | +30.78% |
| Q2 2022 | 2022-06-30 | $1.48B | $337.0M | +29.46% |
| Q3 2021 | 2021-09-30 | $1.15B | $669.0M | +139.09% |
| Q2 2021 | 2021-06-30 | $1.14B | — | — |
| Q3 2020 | 2020-09-30 | $481.0M | −$48.0M | −9.07% |
| Q3 2019 | 2019-09-30 | $529.0M | — | — |
| Q2 2019 | 2019-06-30 | $530.0M | −$5.0M | −0.93% |
| Q2 2018 | 2018-06-30 | $535.0M | $26.0M | +5.11% |
| Q2 2017 | 2017-06-30 | $509.0M | — | — |
Cenovus Energy operating expenses trends
Over the last five fiscal years, Cenovus Energy's operating expenses increased from $1.96B to $6.34B, a change of $4.38B. The latest reported quarter, Q2 2026, shows $1.61B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cenovus Energy source filings ↗