Chevron (CVX) Deferred Taxes (2009 - 2026)

Chevron (CVX) has reported Deferred Taxes for 18 consecutive years, with -$264.0 million the latest figure, recorded in Q1 2026.

• Deferred Taxes for Q1 2026 came in at -$264.0 million, down 155.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $242.0 million (down 76.55% YoY), and the FY2025 annual result was $986.0 million, down 20.48% from the prior year.
• Deferred Taxes was -$264.0 million for Q1 2026 at Chevron, down from $277.0 million in the prior quarter.
• Over five years, Deferred Taxes peaked at $790.0 million in Q1 2023 and troughed at -$1.0 billion in Q4 2023.
• Average Deferred Taxes over 5 years is $257.9 million, with a median of $403.0 million recorded in 2024.
• Year-over-year, Deferred Taxes surged 951.47% in 2022 and slumped 353.14% in 2023.
• Over 5 years, Deferred Taxes stood at $414.0 million in 2022, then plunged by 353.14% to -$1.0 billion in 2023, then soared by 70.9% to -$305.0 million in 2024, then soared by 190.82% to $277.0 million in 2025, then plunged by 195.31% to -$264.0 million in 2026.
• Per Business Quant data, the three most recent Deferred Taxes figures were -$264.0 million in Q1 2026, $277.0 million in Q4 2025, and $200.0 million in Q3 2025.