Chevron (CVX) Cost of Revenue (2017 - 2026)

Chevron (CVX) has reported Cost of Revenue for 10 consecutive years, with $28.3 billion the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $28.3 billion, down 1.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $107.9 billion (down 10.17% YoY), and the FY2025 annual result was $108.2 billion, down 9.22% from the prior year.
• Cost of Revenue was $28.3 billion for Q1 2026 at Chevron, up from $25.3 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $40.7 billion in Q2 2022 and troughed at $25.3 billion in Q4 2025.
• Average Cost of Revenue over 5 years is $30.6 billion, with a median of $29.4 billion recorded in 2023.
• Year-over-year, Cost of Revenue jumped 97.22% in 2022 and retreated 28.76% in 2023.
• Over 5 years, Cost of Revenue stood at $32.6 billion in 2022, then retreated by 12.57% to $28.5 billion in 2023, then grew by 5.87% to $30.1 billion in 2024, then dropped by 15.92% to $25.3 billion in 2025, then rose by 11.51% to $28.3 billion in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $28.3 billion in Q1 2026, $25.3 billion in Q4 2025, and $27.4 billion in Q3 2025.