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Chevron Corporation CVX
$ 200.0 1.15%
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Quarterly report 2026-Q2
added 08-06-2026

Chevron Corporation Income Statement 2025-2006 | CVX

Brief overview of profit and loss at Chevron Corporation

This overview is based on financial performance over the past five years. Revenue reported by Chevron Corporation was $94.7 billion at the beginning of the period and $189 billion at the end. The five-year change reached +99.6%, while CAGR stood at 14.8%. The trajectory reflects meaningful expansion of the business.

The gross result shifted from 42.5 billion dollars to 80.8 billion dollars, or +90%. The relationship between sales and direct costs deteriorated. The gross margin was 44.9% at the start and 42.8% at the end. The business retained less gross profit from each unit of revenue.

Over the period, EBITDA shifted from 19.5 billion dollars to 20.1 billion dollars, a change of +3.2%. Operating performance weakened relative to revenue. EBITDA margin moved from 20.6% to 10.7%. Cost pressure reduced operating profitability.

Net income moved from −5.5 billion dollars at the start to 12.3 billion dollars at the end. A negative result turned positive over the five years.

The five-year change in capitalization reached +134.6%: from $146 billion to $343 billion. The valuation did not keep pace with the reported progress.

Conclusion

Positive developments coexist with areas of weakness. Key strengths include revenue expansion and net-income growth. Caution is warranted because of pressure from direct costs and a declining EBITDA margin. Future reports should be judged by revenue momentum, margins, and the conversion of sales into net income.

Annual Income Statement Chevron Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006

Market Cap

343 B 285 B 290 B 314 B 220 B 146 B 210 B 214 B 236 B 209 B 162 B 193 B 223 B 227 B 205 B 144 B 138 B 203 B - -

Shares

1.85 B 1.81 B 1.87 B 1.93 B 1.92 B 1.87 B 1.88 B 1.9 B 1.88 B 1.87 B 1.87 B 1.88 B 1.92 B 1.95 B 1.99 B 2 B 1.99 B 2.04 B - -

Historical Prices

186 157 155 162 115 78.3 106 92.1 102 92.3 67.4 80.6 86.7 72.7 69.2 72.3 69.2 99.4 82.2 60

Net Income

12.3 B 17.7 B 21.4 B 35.5 B 15.6 B -5.54 B 2.92 B 14.8 B 9.2 B -497 M 4.59 B 19.2 B 21.4 B 26.2 B 26.9 B 19 B 10.5 B 23.9 B 18.7 B -

Revenue

189 B 203 B 201 B 246 B 162 B 94.7 B 147 B 159 B 135 B 110 B 130 B 200 B 220 B 231 B 246 B 205 B 172 B 273 B 221 B -

Cost of Revenue

108 B 119 B 119 B 145 B 92.2 B 52.1 B 80.1 B 94.6 B 75.8 B 59.3 B - - - - - - - - - -

Gross Profit

- - - - - - 37.2 B 44.9 B 39.6 B 31.4 B 39.1 B 64 B 71.3 B 76.4 B 66.7 B - - - - -

Interest Expense

- - - - - - - - 2.61 B 1.6 B 3.87 B 4.38 B - - - - - - - -

EBITDA

20.1 B 17.3 B 17.3 B 16.3 B 17.9 B 19.5 B 35.6 B 40.7 B 28.9 B 17.5 B 17.3 B 36.5 B 41.4 B 59.7 B 60.5 B 13.1 B 12.1 B 9.53 B 8.71 B -

Operating Expenses

- - - - - - 30.4 B 30.5 B 37.1 B 37.7 B 42.8 B 44.3 B 44.1 B 41.4 B 34.5 B - - - - -

General and Administrative Expenses

5.13 B 4.83 B 4.14 B 4.31 B 4.01 B 4.21 B - - - - - - - - - 4.77 B 4.53 B 5.76 B 5.93 B -

All numbers in USD currency

Quarterly Income Statement Chevron Corporation

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2 2010-Q1 2009-Q3 2009-Q2 2009-Q1

Shares

1.97 B 1.98 B 1.94 B 1.72 B 1.74 B 1.8 B 1.83 B 1.84 B 1.87 B 1.87 B 1.89 B - 1.93 B 1.95 B 1.94 B - 1.92 B 1.92 B 1.91 B - 1.85 B 1.85 B 1.86 B - 1.88 B 1.89 B 1.89 B - 1.9 B 1.9 B 1.9 B - 1.88 B 1.88 B 1.88 B - 1.87 B 1.87 B 1.87 B - 1.87 B 1.87 B 1.87 B - 1.88 B 1.89 B 1.9 B - 1.91 B 1.92 B 1.93 B - 1.95 B 1.95 B 1.96 B - 1.98 B 1.99 B 1.99 B 2 B 2 B 1.99 B 1.99 B 1.99 B 1.99 B

Net Income

12.1 B 2.21 B 3.54 B 2.49 B 3.5 B 4.49 B 4.43 B 5.5 B 6.53 B 6.01 B 6.57 B - 11.2 B 11.6 B 6.26 B - 6.11 B 3.08 B 1.38 B - -207 M -8.27 B 3.6 B - 2.58 B 4.3 B 2.65 B - 4.05 B 3.41 B 3.64 B - 1.95 B 1.45 B 2.68 B - 1.28 B -1.47 B -725 M - 2.04 B 571 M 2.57 B - 5.59 B 5.66 B 4.51 B - 4.95 B 5.36 B 6.18 B - 5.25 B 7.21 B 6.47 B - 7.83 B 7.73 B 6.21 B 3.77 B 5.41 B 4.55 B 3.83 B 1.74 B 1.84 B

Revenue

70.1 B 48.6 B 49.7 B 44.8 B 47.6 B 50.7 B 51.2 B 48.7 B 54.1 B 48.9 B 50.8 B - 66.6 B 68.8 B 54.4 B - 44.7 B 37.6 B 32 B - 24.5 B 13.5 B 31.5 B - 36.1 B 38.8 B 35.2 B - 44 B 42.2 B 37.8 B - 36.2 B 34.5 B 33.4 B - 30.1 B 29.3 B 23.6 B - 34.3 B 40.4 B 34.6 B - 54.7 B 57.9 B 53.3 B - 58.5 B 57.4 B 56.8 B - 58 B 62.6 B 60.7 B - 64.4 B 68.9 B 60.3 B 49.7 B 53 B 48.2 B 46.6 B 40.2 B 36.1 B

Cost of Revenue

36.6 B 28.3 B 27.4 B 26.9 B 28.6 B 30.4 B 30.9 B 27.7 B 32.3 B 29 B 29.4 B - 38.8 B 40.7 B 33.4 B - 23.8 B 20.6 B 17.6 B - 13.4 B 8.14 B 15.5 B - 19.9 B 20.8 B 19.7 B - 24.7 B 24.7 B 21.2 B - 18.8 B 18.3 B - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Interest Expense

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 159 M - 1.28 B 287 M 747 M - 426 M 686 M -93 M - 353 M 2.36 B - - - - - - - - - - - - - - - - - - - - - - -

EBITDA

6.08 B 5.81 B 5.78 B 4.34 B 4.12 B 4.21 B 4 B 4.09 B 4.02 B 3.52 B 3.53 B - 4.2 B 3.7 B 3.65 B - 4.3 B 4.52 B 4.29 B - 4.02 B 6.72 B 4.29 B - 4.36 B 4.33 B 4.09 B - 5.38 B 4.5 B 4.29 B - 5.11 B 5.31 B 4.19 B - 4.13 B 6.72 B 4.4 B - 4.27 B 6.96 B 4.41 B - 3.95 B 3.84 B 4.13 B - 3.66 B 3.41 B 3.48 B - 3.37 B 3.28 B 3.2 B - 3.22 B 3.26 B 3.13 B 3.4 B 3.14 B 3.08 B 2.99 B 3.1 B 2.87 B

General and Administrative Expenses

1.31 B 1.07 B 1.52 B 889 M 1.22 B 1.19 B 1.05 B 1.01 B 1.16 B 1.13 B 881 M - 1.03 B 863 M 967 M - 657 M 1.1 B 990 M - 832 M 1.57 B 683 M - 954 M 1.08 B 984 M - 1.02 B 1.02 B 723 M - 1.11 B 927 M 810 M - 1.11 B 1.03 B 998 M - 1.03 B 1.17 B 944 M - 1.12 B 1.08 B 927 M - 1.2 B 1.14 B 998 M - 1.35 B 1.25 B 940 M - 1.12 B 1.2 B 1.1 B 1.18 B 1.14 B 1.04 B 1.18 B 1.04 B 977 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company Chevron Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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