Chevron (CVX) Operating Income (2017 - 2026)
Chevron (CVX) reported Operating Income of $12.7 billion for Q1 2026, up 151.62% on a YoY basis from $5.0 billion in Q1 2025, and down 10.4% quarter-over-quarter from $14.1 billion in Q4 2025.
Chevron (CVX) Operating Income (2017 - 2026) Analysis & Trends
Chevron has reported Operating Income for 10 years, with the latest figure at $12.7 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Income rose 151.62% year-over-year to $12.7 billion; the trailing twelve-month figure through Mar 2026 stood at $51.3 billion (up 187.1% YoY), and the FY2025 full-year result was $52.8 billion, up 157.59% from the prior year.
- Operating Income for Q1 2026 stood at $12.7 billion, down from $14.1 billion in the prior quarter.
- The five-year high for Operating Income was $147.2 billion in Q4 2022, with the low at -$25.0 billion in Q4 2023.
- Historically, Operating Income has averaged $6.8 billion across 5 years, with a median of $12.7 billion in 2026.
- Annual changes were most pronounced in 2022 — Operating Income jumped 1086.33% — and 2023, when it tumbled 249.93%.
- Chevron's Operating Income stood at $147.2 billion in 2022, then sank by 116.98% to -$25.0 billion in 2023, then gained by 3.59% to -$24.1 billion in 2024, then jumped by 158.68% to $14.1 billion in 2025, then decreased by 10.4% to $12.7 billion in 2026.
- The last three Operating Income figures came in at $12.7 billion (Q1 2026), $14.1 billion (Q4 2025), and $13.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | 7.83 Bn |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | - |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 32,038.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 12.67 Bn |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 2.02 Bn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | 825.38 Mn |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 8.49 Bn |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 6.17 Bn |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.67 Bn |
| Dec 31, 2025 | 14.14 Bn |
| Sep 30, 2025 | 13.24 Bn |
| Jun 30, 2025 | 11.29 Bn |
| Mar 31, 2025 | -24.54 Bn |
| Dec 31, 2024 | -24.09 Bn |
| Sep 30, 2024 | 13.52 Bn |
| Jun 30, 2024 | -23.83 Bn |
| Mar 31, 2024 | -19.82 Bn |
| Dec 31, 2023 | -24.99 Bn |
| Sep 30, 2023 | 13.30 Bn |
| Jun 30, 2023 | -22.83 Bn |
| Mar 31, 2023 | -19.89 Bn |
| Dec 31, 2022 | 147.15 Bn |
| Sep 30, 2022 | 18.40 Bn |
| Jun 30, 2022 | 18.37 Bn |
| Mar 31, 2022 | 13.27 Bn |
| Dec 31, 2021 | 12.40 Bn |
| Sep 30, 2021 | 13.37 Bn |
| Jun 30, 2021 | 12.07 Bn |