Chevron Corporation (CVX) income statement
NYSE · Energy · Oil & Gas Integrated · 43,039 employees · CEO Michael K. Wirth
- Price
- $235.52 +1.75%
- Market cap
- $465B
- Enterprise value
- $486B
- Last report
- Q3 '26 filed 2026-10-30
- Next report
- 2027-01-29
Chevron Corporation (CVX) reported revenue of $65.2B for Q3 '26 (+35.4% year on year), operating income of $11.4B (17.4% of revenue) and net income of $9.92B. Over the last four quarters revenue was $226B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $48.9B | $46.6B | $49.6B | $48.9B | $48.3B | $46.1B | $44.4B | $48.2B | $45.8B | $47.6B | $67.2B | $65.2B | |
| Cost of revenue | $34.7B | $31.8B | $34.9B | $34.7B | $35.1B | $32.7B | $31.2B | $33.2B | $31.2B | $43B | $36.6B | $36.5B | |
| Gross profit | $14.2B | $14.7B | $14.7B | $14.3B | $13.2B | $13.4B | $13.2B | $15B | $14.6B | $4.55B | $30.6B | $28.7B | |
| Research & development | $320M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.49B | |
| Other operating expenses | $7.51B | $7.79B | $8.07B | $8.11B | $9.21B | $7.85B | $8.23B | $9.17B | $9.04B | $1.11B | $256M | $7.84B | |
| Operating expenses | $8.8B | $8.8B | $9.11B | $9.3B | $10.8B | $9.07B | $9.12B | $10.7B | $10.5B | $1.31B | $9.12B | $17.3B | |
| Operating income | $5.41B | $5.95B | $5.59B | $4.96B | $2.42B | $4.3B | $4.06B | $4.3B | $4.02B | $3.24B | $21.5B | $11.4B | |
| Interest expense | $120M | $118M | $113M | $164M | $199M | $212M | $274M | $370M | $361M | $345M | $352M | $304M | |
| Other non-operating income (gains on investments, FX ...) | $1.8B | -$2.09B | -$1.56B | -$1.69B | -$3.84B | -$1.5B | -$364M | -$1.49B | -$937M | -$1.05B | $4.44B | -$2.56B | |
| Total non-operating income | -$1.92B | $1.97B | $1.45B | $1.53B | $3.64B | $1.29B | $90M | $1.12B | $576M | $706M | -$4.79B | $2.26B | |
| Income before tax | $3.49B | $7.92B | $7.04B | $6.49B | $6.06B | $5.58B | $4.15B | $5.41B | $4.6B | $3.95B | $16.7B | $13.6B | |
| Income tax | $1.25B | $2.37B | $2.59B | $1.99B | $2.8B | $2.07B | $1.63B | $1.8B | $1.75B | $1.65B | $4.47B | $3.58B | |
| Net income | $2.26B | $5.5B | $4.43B | $4.49B | $3.24B | $3.5B | $2.49B | $3.54B | $2.77B | $2.21B | $12.1B | $9.92B | |
| EPS (basic) | $1.23 | $2.99 | $2.43 | $2.49 | $1.85 | $2.01 | $1.45 | $1.83 | $1.39 | $1.12 | $6.13 | $5.07 | |
| EPS (diluted) | $1.22 | $2.97 | $2.43 | $2.48 | $1.84 | $2.00 | $1.45 | $1.82 | $1.39 | $1.11 | $6.11 | $5.06 | |
| Shares (basic, weighted) | 1.86B | 1.84B | 1.83B | 1.8B | 1.77B | 1.74B | 1.72B | 1.94B | 1.99B | 1.98B | 1.97B | 1.96B | |
| Shares (diluted, weighted) | 1.87B | 1.85B | 1.83B | 1.81B | 1.78B | 1.75B | 1.72B | 1.95B | 2B | 1.99B | 1.98B | 1.96B | |
| Depreciation & amortization | $3.48B | $4.09B | $4B | $4.21B | $3.89B | $4.12B | $4.34B | $5.78B | $5.88B | $5.81B | $6.08B | $6.27B | |
| EBITDA | $7.09B | $12.1B | $11.2B | $10.9B | $10.1B | $9.92B | $8.77B | $11.6B | $10.8B | $10.1B | $23.1B | $20.2B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $110B | $135B | $159B | $140B | $94.5B | $156B | $236B | $197B | $193B | $184B | |
| Cost of revenue | $78.8B | $95.1B | $114B | $109B | $71.7B | $110B | $170B | $137B | $136B | $128B | |
| Gross profit | $31.4B | $39.6B | $44.9B | $30.5B | $22.8B | $45.4B | $65.6B | $60.4B | $56.9B | $56.1B | |
| Research & development | $0 | $0 | $0 | $0 | $435M | $268M | $268M | $320M | $353M | $427M | |
| Other operating expenses | $32.6B | $32.3B | $26.6B | $26.3B | $25.1B | $25B | $21.1B | $22.1B | $22.6B | $33.9B | |
| Operating expenses | $36.9B | $36.4B | $30.5B | $30.4B | $29.8B | $29.3B | $25.6B | $26.6B | $27.8B | $39.4B | |
| Operating income | -$5.47B | $3.13B | $14.4B | $100M | -$6.94B | $16.1B | $40B | $33.8B | $29.1B | $16.7B | |
| Interest income | $145M | $107M | $192M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $201M | $307M | $748M | $798M | $697M | $712M | $516M | $469M | $594M | $1.22B | |
| Other non-operating income (gains on investments, FX ...) | -$3.51B | -$6.4B | -$6.88B | -$6.23B | -$186M | -$6.25B | -$10.2B | $3.74B | $999M | -$4.29B | |
| Total non-operating income | $3.31B | $6.09B | $6.13B | $5.44B | -$511M | $5.54B | $9.72B | -$4.21B | -$1.59B | $3.07B | |
| Income before tax | -$2.16B | $9.22B | $20.6B | $5.54B | -$7.45B | $21.6B | $49.7B | $29.6B | $27.5B | $19.7B | |
| Income tax | -$1.73B | -$48M | $5.72B | $2.69B | -$1.89B | $5.95B | $14.1B | $8.17B | $9.76B | $7.26B | |
| Net income | -$497M | $9.2B | $14.8B | $2.92B | -$5.54B | $15.6B | $35.5B | $21.4B | $17.7B | $12.3B | |
| EPS (basic) | -$0.27 | $4.88 | $7.81 | $1.55 | -$2.96 | $8.15 | $18.36 | $11.41 | $9.76 | $6.65 | |
| EPS (diluted) | -$0.27 | $4.85 | $7.74 | $1.54 | -$2.96 | $8.14 | $18.28 | $11.36 | $9.72 | $6.63 | |
| Shares (basic, weighted) | 1.84B | 1.88B | 1.9B | 1.88B | 1.87B | 1.92B | 1.93B | 1.87B | 1.81B | 1.85B | |
| Shares (diluted, weighted) | 1.87B | 1.9B | 1.91B | 1.9B | 1.87B | 1.92B | 1.94B | 1.88B | 1.82B | 1.86B | |
| Depreciation & amortization | $15.5B | $17.7B | $18B | $17.8B | $17.8B | $17.9B | $16.3B | $17.3B | $17.3B | $20.1B | |
| EBITDA | $13.6B | $27.2B | $39.4B | $24.1B | $11B | $40.3B | $66.5B | $47.4B | $45.4B | $41.1B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-01