Chevron (CVX) Deferred Taxes (2009 - 2026)

Chevron has reported Deferred Taxes for 18 years, with the latest figure at -$264.0 million in Q1 2026.

• For the quarter ending Q1 2026, Deferred Taxes fell 155.0% year-over-year to -$264.0 million; the trailing twelve-month figure through Mar 2026 stood at $242.0 million (down 76.55% YoY), and the FY2025 full-year result was $986.0 million, down 20.48% from the prior year.
• Deferred Taxes for Q1 2026 stood at -$264.0 million, down from $277.0 million in the prior quarter.
• The five-year high for Deferred Taxes was $790.0 million in Q1 2023, with the low at -$1.0 billion in Q4 2023.
• Historically, Deferred Taxes has averaged $257.9 million across 5 years, with a median of $403.0 million in 2024.
• Annual changes were most pronounced in 2022 — Deferred Taxes soared 951.47% — and 2023, when it plunged 353.14%.
• Chevron's Deferred Taxes stood at $414.0 million in 2022, then sank 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 sank by 195.31% to -$264.0 million in 2026.
• The last three Deferred Taxes figures came in at -$264.0 million (Q1 2026), $277.0 million (Q4 2025), and $200.0 million (Q3 2025), per Business Quant data.