Filing Flows › Ovintiv (OVV) › Q2 2026 › vs Q2 2025
Ovintiv (OVV) Q2 2026 vs Q2 2025 (year over year)
Ovintiv's revenue rose $695M (+30%) from $2.3B in Q2 2025 to $3.0B in Q2 2026. Operating margin 33.0% against 22.0% (+10.9 pts).
Ovintiv, Q2 2026: revenue $3.0B (+30% year over year), operating margin 33.0%, net earnings $456M, operating cash flow $1.6B. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 33.0% | 22.0% | +10.9 pts |
| Net margin | 15.1% | 13.2% | +1.9 pts |
| Free cash flow margin | 35.1% | 21.2% | +13.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $3.0B | $2.3B | $695M | +30% |
| Operating profit | $994M | $511M | $483M | +95% |
| Costs & expenses | $2.0B | $1.8B | $212M | +12% |
| Pre-tax earnings | $539M | $399M | $140M | +35% |
| Other expense, net | $455M | $112M | $343M | +306% |
| General & admin | $126M | $76.0M | $50.0M | +66% |
| Other operating costs | $1.9B | $1.7B | $162M | +9% |
| Net earnings | $456M | $307M | $149M | +49% |
| Income tax | $83.0M | $92.0M | −$9.0M | -10% |
| Depreciation & amortization | $519M | $556M | −$37.0M | -7% |
| Share-based compensation | $11.0M | $14.0M | −$3.0M | -21% |
| Working capital & other | $646M | $136M | $510M | +375% |
| Operating cash flow | $1.6B | $1.0B | $619M | +61% |
| Free cash flow (OCF − capex) | $1.1B | $492M | $566M | +115% |
| Capital expenditures | $574M | $521M | $53.0M | +10% |
Questions
How much did Ovintiv's revenue grow year over year in Q2 2026?
Ovintiv's revenue rose $695M (+30%) from $2.3B in Q2 2025 to $3.0B in Q2 2026. Operating margin 33.0% against 22.0% (+10.9 pts).