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

Chevron (CVX) has 10 years of Cost of Revenue data on file, last reported at $28.3 billion in Q1 2026.

• Quarterly Cost of Revenue fell 1.21% year-over-year to $28.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $107.9 billion (down 10.17% YoY) and the FY2025 annual result came in at $108.2 billion, down 9.22% from the prior year.
• Cost of Revenue improved to $28.3 billion in Q1 2026, from $25.3 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $40.7 billion in Q2 2022 to a low of $25.3 billion in Q4 2025.
• A 5-year average of $30.6 billion and a median of $29.4 billion in 2023 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue surged 97.22% — and 2023, when it declined 28.76%.
• Tracing CVX's Cost of Revenue over 5 years: stood at $32.6 billion in 2022, then dropped by 12.57% to $28.5 billion in 2023, then gained by 5.87% to $30.1 billion in 2024, then retreated by 15.92% to $25.3 billion in 2025, then climbed by 11.51% to $28.3 billion in 2026.
• The last three Cost of Revenue figures came in at $28.3 billion (Q1 2026), $25.3 billion (Q4 2025), and $27.4 billion (Q3 2025), per Business Quant data.