What is Ovintiv's net income?

Ovintiv (OVV) reported net income of -$630M in Q1 2026.

How has Ovintiv's net income changed year-over-year?

Ovintiv's net income decreased by 296.2% year-over-year, from -$159M to -$630M.

What is the long-term trend for Ovintiv's net income?

Over 4 years (2021 to 2025), Ovintiv's net income has grown at a -3.2% compound annual growth rate (CAGR), from $1.42B to $1.24B.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Ovintiv OVV Net Income

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Other financials

Income statement

See full

Revenue$2.5B+6.5%

Operating income-$754.0M-747%

EPS (diluted)-$2.35-285%

Balance sheet

See full

Cash & equivalents$26.0M+225%

Total debt$7.8B+15.6%

Total equity$11.6B+14.7%

Total assets$22.3B+13.7%

Cash flow

See full

Operating cash flow$1.1B+21.0%

CapEx$605.0M-1.9%

Free cash flow$451.0M+76.2%

Valuation

See full

Market cap$15.82B+50.4%

Enterprise value$23.61B+38.1%

P/E20.5×+4.5×

P/S1.8×+0.6×

Profitability

See full

Operating margin5.1%-5.7pp

Net margin8.5%+1.0pp

FCF margin18.8%+1.3pp

Returns & leverage

See full

Return on equity7.1%+0.4pp

Debt / equity0.7×0.0×

Current ratio0.6×+0.1×

Where this comes from

Reported directly by Ovintiv in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: Ovintiv’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ovintiv's net income?: Ovintiv (OVV) reported net income of -$630M in Q1 2026.
How has Ovintiv's net income changed year-over-year?: Ovintiv's net income decreased by 296.2% year-over-year, from -$159M to -$630M.
What is the long-term trend for Ovintiv's net income?: Over 4 years (2021 to 2025), Ovintiv's net income has grown at a -3.2% compound annual growth rate (CAGR), from $1.42B to $1.24B.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.