# Cenovus Energy (CVE) — Earnings

CVE · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/cve/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $1.08 |
| EPS estimate | $1.16 |
| EPS surprise | −6.87% |
| Revenue surprise | +22.88% |
| Revenue | $14.6B |
| Revenue estimate | $11.9B |
| Reported | Jul 29, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1475260/000147526026000023/form6-kq22026.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/6a555193-e491-d3c8-f3f3-11dcc2a8594c.html) |

Cenovus Energy reported Q2 2026 results on July 29, 2026. Earnings per share were $1.08, below the $1.16 estimate by 6.87%. Revenue was $14.6 billion against an $11.9 billion consensus, a 22.88% beat. Compared with Q2 2025, EPS more than tripled from $0.33, and revenue rose about 36% from $10.7 billion. EPS was the highest in the table, and revenue was the highest since Q2 2022's $16.3 billion.

Annual EPS fell from $2.43 in 2022 to $1.57 in 2023 and $1.21 in 2024, then recovered to $1.54 in 2025. The first half of 2026 already adds up to $1.68, more than all of 2025. Annual revenue declined from about $55.4 billion in 2022 to $42.2 billion in 2025. The only loss in the table was Q4 2021, at $0.17 per share. Over the last 20 quarters, Cenovus beat the EPS estimate 12 times and missed eight times. The latest miss ended a run of five straight beats.

Cenovus reported Q3 between October 31 and November 3 in each of the past five years. That points to late October or early November 2026 for the next report. It will show whether revenue stays near the Q2 level.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 29, 2026 | $1.16 | $1.08 | -6.87% | $11.9B | $14.6B |
| Q1 2026 | May 6, 2026 | $0.53 | $0.60 | 11.93% | $9.5B | $8.5B |
| Q4 2025 | Feb 19, 2026 | $0.29 | $0.36 | 26.29% | $8.6B | $9.4B |
| Q3 2025 | Oct 31, 2025 | $0.37 | $0.52 | 39.92% | $9.6B | $10.9B |
| Q2 2025 | Jul 31, 2025 | $0.10 | $0.33 | 238.97% | $8.8B | $10.7B |
| Q1 2025 | May 8, 2025 | $0.27 | $0.33 | 20.47% | $9.7B | $11.2B |
| Q4 2024 | Feb 20, 2025 | $0.14 | $0.05 | -64.86% | $10.3B | $10.5B |
| Q3 2024 | Oct 31, 2024 | $0.32 | $0.31 | -3.90% | $10.5B | $12.2B |
| Q2 2024 | Aug 1, 2024 | $0.49 | $0.39 | -20.52% | $10.7B | $12.4B |
| Q1 2024 | May 1, 2024 | $0.38 | $0.46 | 21.44% | $11.1B | $11.6B |
| Q4 2023 | Feb 15, 2024 | $0.25 | $0.29 | 15.77% | $11.3B | $11.5B |
| Q3 2023 | Nov 2, 2023 | $0.70 | $0.71 | 2.29% | $12.3B | $12.7B |
| Q2 2023 | Jul 27, 2023 | $0.30 | $0.33 | 9.90% | $9.7B | $10.8B |
| Q1 2023 | Apr 26, 2023 | $0.19 | $0.24 | 24.33% | $10.1B | $10.5B |
| Q4 2022 | Feb 16, 2023 | $0.47 | $0.29 | -38.45% | $10.1B | $11.7B |
| Q3 2022 | Nov 2, 2022 | $0.72 | $0.59 | -18.45% | $10.4B | $14.5B |
| Q2 2022 | Jul 28, 2022 | $0.86 | $0.92 | 7.78% | $12.6B | $16.3B |
| Q1 2022 | Apr 27, 2022 | $0.42 | $0.63 | 50.30% | $13.5B | $12.9B |
| Q4 2021 | Feb 8, 2022 | $0.39 | −$0.17 | -142.84% | $10.6B | $12.9B |
| Q3 2021 | Nov 3, 2021 | $0.36 | $0.21 | -40.82% | $9.4B | $10.6B |

## Frequently Asked Questions

### When did Cenovus Energy (CVE) last report earnings?

Cenovus Energy last reported on Jul 29, 2026, covering fiscal Q2 2026.

### Did CVE beat earnings estimates?

No. Cenovus Energy reported EPS of $1.08 for Q2 2026 against a $1.16 estimate — a 6.87% miss.

### How much revenue did CVE report last quarter?

Cenovus Energy reported $14.6B in revenue for Q2 2026, against a consensus estimate of $11.9B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).