Chevron Income Statement (2009-2025) | CVX

Income Statement Mar2009 Jun2009 Sep2009 Dec2009 Mar2010 Jun2010 Sep2010 Dec2010 Mar2011 Jun2011 Sep2011 Dec2011 Mar2012 Jun2012 Sep2012 Dec2012 Mar2013 Jun2013 Sep2013 Dec2013 Mar2014 Jun2014 Sep2014 Dec2014 Mar2015 Jun2015 Sep2015 Dec2015 Mar2016 Jun2016 Sep2016 Dec2016 Mar2017 Jun2017 Sep2017 Dec2017 Mar2018 Jun2018 Sep2018 Dec2018 Mar2019 Jun2019 Sep2019 Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Revenue & cost
Revenue 36.13B40.20B46.62B48.68B48.18B53.00B49.72B54.03B60.34B68.95B64.43B59.98B60.70B62.61B58.04B60.55B56.82B57.37B58.50B56.16B53.27B57.94B54.68B46.09B34.56B40.36B34.31B29.25B23.55B29.28B30.14B31.50B33.42B34.48B36.20B37.62B37.76B42.24B43.99B42.35B35.20B38.85B36.12B36.35B31.50B15.93B24.45B25.06B32.03B37.60B44.71B48.13B54.37B68.76B66.64B56.47B50.79B48.90B54.08B47.18B48.72B51.18B50.67B52.23B47.61B44.82B49.73B
Cost of Revenue 18.32B18.78B21.16B21.23B24.74B24.68B23.92B19.70B20.84B19.88B19.69B15.51B8.14B13.45B15.05B17.57B20.63B23.83B30.22B33.41B40.68B38.75B32.57B29.41B28.98B32.33B28.48B27.74B30.87B30.45B30.15B28.61B26.86B27.40B
Gross Profit 16.16B17.43B16.46B16.53B17.49B19.31B18.43B15.50B18.02B16.23B16.66B15.99B7.78B11.00B10.02B14.46B16.97B20.88B17.91B20.96B28.08B27.89B23.90B21.39B19.91B21.75B18.70B20.98B20.31B20.22B22.08B19.00B17.96B22.33B
Operating items
Research & Development 0.38B0.44B0.24B0.28B0.18B0.21B0.42B0.34B0.17B0.42B0.24B0.39B0.40B0.49B0.47B0.36B0.25B0.33B0.56B0.73B0.41B0.69B0.37B0.51B0.59B1.07B0.32B1.36B0.37B0.21B0.26B0.19B0.14B0.12B0.24B0.36B0.16B0.18B0.62B0.25B0.19B0.14B0.17B0.27B0.16B0.90B0.12B0.37B0.09B0.11B0.16B0.19B0.21B0.20B0.12B0.45B0.19B0.17B0.30B0.25B0.13B0.26B0.15B0.45B0.19B0.25B0.29B
Selling, General & Administrative 0.98B1.04B1.18B1.33B1.04B1.14B1.18B1.41B1.10B1.20B1.11B1.33B0.94B1.25B1.35B1.18B1.00B1.14B1.20B1.18B0.93B1.08B1.12B1.37B0.94B1.17B1.03B1.30B1.00B1.03B1.11B1.17B0.81B0.93B1.11B1.26B0.72B1.02B1.02B1.08B0.98B1.08B0.95B1.13B0.68B1.57B0.83B1.13B0.99B1.10B0.66B1.27B0.97B0.86B1.03B1.45B0.88B1.13B1.16B0.97B1.01B1.05B1.19B1.58B1.22B0.89B1.52B
Other Operating Expenses 31.60B35.38B39.02B41.24B39.31B42.89B41.24B43.52B47.95B54.12B49.74B48.30B47.29B48.51B46.28B47.04B45.29B47.31B47.91B46.06B43.99B47.14B44.33B38.83B30.12B36.75B30.19B28.80B23.90B30.11B27.66B29.63B29.34B31.48B32.20B34.52B31.81B36.14B36.65B36.12B30.07B31.70B30.95B43.35B26.52B21.63B23.55B24.71B28.78B31.97B35.84B39.68B44.14B51.70B50.69B44.76B40.20B39.76B43.88B42.47B39.66B42.83B42.84B44.13B40.62B39.53B42.50B
Operating Expenses 32.96B36.86B40.44B42.85B40.53B44.24B42.84B45.26B49.22B55.74B51.09B50.02B48.64B50.25B48.11B48.58B46.53B48.78B49.67B47.96B45.34B48.91B45.82B40.70B31.65B38.99B31.53B31.46B25.26B31.35B29.03B30.98B30.29B32.53B33.55B36.13B32.69B37.33B38.29B37.45B31.24B32.91B32.07B44.76B27.36B24.09B24.50B26.20B29.85B33.17B36.66B41.14B45.32B52.76B51.84B46.66B41.27B41.06B45.34B43.69B40.79B44.15B44.18B46.17B42.03B40.67B44.31B
Operating Income -16.37B-16.12B-19.68B-16.16B-19.84B-18.98B-19.02B-15.75B-14.90B-15.83B-28.10B-11.36B-16.31B-13.49B-16.19B-15.39B-16.21B-15.78B-23.23B-24.36B-24.68B-23.94B-22.76B-19.89B-21.15B-23.59B-24.99B-19.82B-23.83B-23.96B-24.09B-23.03B-22.71B-21.98B
EBIT 3.18B3.35B6.20B5.82B7.67B8.78B6.88B8.77B11.12B13.21B13.34B9.96B12.07B12.36B9.93B11.98B10.28B8.59B8.84B8.20B7.93B9.03B8.86B5.38B2.90B1.36B2.78B-2.21B-1.71B-1.99B1.17B0.57B3.18B-16.37B-16.12B-19.68B-16.16B-19.84B-18.98B-19.02B-15.75B-14.90B-15.83B-28.10B-11.36B-16.31B-13.49B-16.19B-15.39B-16.21B-15.78B-23.23B-24.36B-24.68B-23.94B-22.76B-19.89B-21.15B-23.59B-24.99B-19.82B-23.83B-23.96B-24.09B-23.03B-22.71B-21.98B
Non-operating items
Other Non Operating Income 0.53B-0.18B0.37B0.19B0.20B0.30B-0.08B0.67B0.24B0.40B0.94B0.39B0.10B0.74B1.11B2.48B0.24B0.28B0.27B0.38B0.36B0.65B0.94B2.42B0.84B2.36B0.35B0.31B-0.09B0.69B0.43B0.58B0.75B0.29B1.28B0.30B0.16B
Non Operating Income 2.36B0.35B0.31B-0.09B0.69B0.43B0.58B0.75B0.29B1.28B0.30B0.16B
Net income details
EBT 3.17B3.35B6.19B5.82B7.65B8.77B6.87B8.77B11.12B13.21B13.34B9.96B12.07B12.36B9.93B11.98B10.28B8.59B8.84B8.20B7.93B9.03B8.86B5.38B2.90B1.36B2.78B-2.21B-1.71B-2.07B1.11B0.51B3.13B1.95B2.66B1.48B5.07B4.91B5.70B4.89B3.96B5.94B4.05B-8.40B4.15B-10.60B-0.04B-0.95B2.18B4.42B8.10B6.94B9.10B16.00B14.81B9.77B9.52B7.84B8.74B3.48B7.92B7.04B6.50B6.06B5.60B4.15B5.41B
Tax Provisions 1.32B1.58B2.34B2.72B3.07B3.32B3.08B3.45B4.88B5.45B5.48B4.81B5.57B5.12B4.62B4.68B4.04B3.19B3.84B3.24B3.41B3.34B3.24B1.91B0.30B0.76B0.73B-1.66B-1.00B-0.61B-0.19B0.07B0.43B0.49B0.67B-1.64B1.41B1.48B1.64B1.18B1.32B1.65B1.47B-1.74B0.56B-2.32B0.17B-0.30B0.78B1.33B1.94B1.90B2.80B4.30B3.60B3.43B2.91B1.83B2.20B1.25B2.40B2.60B2.00B2.76B2.10B1.63B1.80B
Profit After Tax 1.85B1.76B3.85B3.10B4.58B5.44B3.79B5.32B6.24B7.76B7.86B5.15B6.50B7.23B5.31B7.30B6.24B5.40B5.00B4.96B4.52B5.69B5.63B3.47B2.60B0.61B2.06B-0.56B-0.72B-1.47B1.30B0.41B2.70B1.47B1.99B3.12B3.66B3.42B4.06B3.72B2.65B4.30B2.58B-6.61B3.60B-8.28B-0.21B-0.66B1.40B3.09B6.12B5.08B6.28B11.71B11.24B6.38B6.61B6.01B6.55B2.24B5.55B4.44B4.50B3.26B3.51B2.52B3.61B
Equity Income 1.69B1.88B2.23B1.57B1.71B2.09B1.27B1.81B2.28B1.78B1.64B1.82B1.92B1.71B1.91B1.55B1.40B1.17B1.20B0.92B0.58B0.75B0.56B0.78B1.15B1.32B1.04B0.94B1.64B1.17B0.54B0.96B-2.52B0.51B0.57B0.91B1.44B1.65B1.66B2.08B2.47B2.41B1.62B1.59B1.24B1.31B0.99B1.44B1.21B1.26B0.69B0.82B0.54B0.98B
Net Income - Minority -0.80B-1.28B-1.31B-1.35B-1.32B-1.29B-1.31B-1.15B-1.17B-1.17B-1.16B-1.20B-1.22B-1.03B-1.17B-1.17B-1.16B-1.15B-1.17B-1.20B-1.19B-1.20B-1.20B-1.21B-1.18B-1.10B-1.09B-1.07B-1.06B-1.05B-0.99B-0.98B-0.27B-0.26B-1.04B-1.04B-0.73B-0.86B-0.87B-0.88B-1.01B-0.95B-0.96B-0.98B-0.97B-0.98B-0.97B-1.03B-1.03B-0.83B-0.84B-0.84B-0.84B-5.76B
Income from Non-Controlling Interests 0.02B0.02B0.01B0.03B0.03B0.04B0.02B0.03B0.03B0.03B0.03B0.03B0.03B0.02B0.06B0.05B0.06B0.04B0.05B0.03B0.01B0.03B0.03B0.00B0.03B0.04B0.02B0.03B0.02B0.01B0.02B0.02B0.02B0.02B0.03B0.01B0.02B0.01B0.01B-0.01B-0.01B-0.01B-0.06B-0.02B-0.01B-0.00B0.01B0.02B0.01B0.00B0.03B0.02B0.09B0.01B0.03B0.03B-0.00B0.03B-0.02B0.05B0.01B0.01B0.02B0.01B0.03B0.07B
Income from Continuing Operations 1.85B1.76B3.85B3.10B4.58B5.44B3.79B5.32B6.24B7.76B7.86B5.15B6.50B7.23B5.31B7.30B6.24B5.40B5.00B4.96B4.52B5.69B5.63B3.47B2.60B0.61B2.06B-0.56B-0.71B-1.46B1.30B0.44B2.70B1.47B1.99B3.12B3.66B3.42B4.06B3.72B2.64B4.29B2.58B-6.67B3.59B-8.28B-0.21B-0.65B1.40B3.09B6.16B5.04B6.30B11.70B11.21B6.34B6.61B6.01B6.54B2.24B5.52B4.44B4.50B3.30B3.50B2.52B3.61B
Consolidated Net Income 1.85B1.76B3.85B3.10B4.58B5.44B3.79B5.32B6.24B7.76B7.86B5.15B6.50B7.23B5.31B7.30B6.24B5.40B5.00B4.96B4.52B5.69B5.63B3.47B2.60B0.61B2.06B-0.56B-0.71B-1.46B1.30B0.44B2.70B1.47B1.99B3.12B3.66B3.42B4.06B3.72B2.64B4.29B2.58B-6.67B3.59B-8.28B-0.21B-0.65B1.40B3.09B6.16B5.04B6.30B11.70B11.21B6.34B6.61B6.01B6.54B2.24B5.52B4.44B4.50B3.30B3.50B2.52B3.61B
Income towards Parent Company 1.85B1.76B3.85B3.10B4.58B5.44B3.79B5.32B6.24B7.76B7.86B4.35B6.50B7.23B4.03B5.99B4.89B4.08B3.70B3.64B3.37B4.52B4.46B2.31B1.40B-0.61B1.03B-1.73B-1.88B-2.62B0.15B-0.73B1.50B0.28B0.79B1.92B2.45B2.24B2.96B2.63B1.57B3.23B1.53B-7.66B2.60B-8.55B-0.47B-1.69B0.36B2.37B5.30B4.16B5.42B10.70B10.26B5.38B5.62B5.04B5.55B1.26B4.49B3.41B3.67B2.46B2.66B1.67B-2.14B
Net Income towards Common Stockholders 1.85B1.76B3.85B3.10B4.58B5.44B3.79B5.32B6.24B7.76B7.86B4.35B6.50B7.23B4.03B5.99B4.89B4.08B3.70B3.64B3.37B4.52B4.46B2.31B1.40B-0.61B1.03B-1.73B-1.88B-2.62B0.15B-0.73B1.50B0.28B0.79B1.92B2.45B2.24B2.96B2.63B1.57B3.23B1.53B-7.66B2.60B-8.55B-0.47B-1.69B0.36B2.37B5.30B4.16B5.42B10.70B10.26B5.38B5.62B5.04B5.55B1.26B4.49B3.41B3.67B2.46B2.66B1.67B-2.14B
Additional items
EPS (Basic) 0.920.881.921.542.282.711.892.653.113.883.942.613.303.682.713.733.202.802.582.602.383.002.971.861.380.301.09-0.31-0.39-0.780.680.221.430.771.031.651.921.792.131.971.402.281.38-3.511.93-4.44-0.12-0.330.721.613.192.633.235.985.813.343.483.223.481.232.992.432.491.852.011.451.83
EPS (Weighted Average and Diluted) 0.920.871.921.532.272.701.872.643.093.853.922.583.273.662.693.703.182.772.572.572.362.982.951.851.370.301.09-0.31-0.39-0.780.680.221.410.771.031.641.901.782.111.951.392.271.36-3.481.93-4.44-0.12-0.330.721.603.192.633.225.955.783.333.463.203.481.222.972.432.481.842.001.451.82
Shares Outstanding (Weighted Average) 1.99B1.99B1.99B1.99B2.00B2.00B1.99B1.99B1.99B1.96B1.96B1.95B1.93B1.93B1.92B1.90B1.89B1.89B1.87B1.87B1.87B1.87B1.87B1.87B1.88B1.88B1.88B1.90B1.90B1.90B1.89B1.89B1.89B1.86B1.86B1.86B1.91B1.92B1.92B1.94B1.95B1.94B1.89B1.88B1.88B1.84B1.83B1.82B1.74B1.73B1.94B
Shares Outstanding (Diluted Average) 2.00B2.00B2.00B2.00B2.01B2.01B2.01B2.01B2.01B1.98B1.97B1.97B1.94B1.94B1.94B1.91B1.91B1.90B1.88B1.88B1.88B1.87B1.87B1.88B1.90B1.89B1.90B1.91B1.92B1.92B1.90B1.90B1.90B1.87B1.86B1.86B1.92B1.92B1.92B1.94B1.96B1.95B1.90B1.89B1.88B1.85B1.84B1.83B1.75B1.74B1.95B
EBITDA 3.18B3.35B6.20B5.82B7.67B8.78B6.88B8.77B11.12B13.21B13.34B9.96B12.07B12.36B9.93B11.98B10.28B8.59B8.84B8.20B7.93B9.03B8.86B5.38B2.90B1.36B2.78B-2.21B-1.71B-1.99B1.17B0.57B3.18B-16.37B-16.12B-19.68B-16.16B-19.84B-18.98B-19.02B-15.75B-14.90B-15.83B-28.10B-11.36B-16.31B-13.49B-16.19B-15.39B-16.21B-15.78B-23.23B-24.36B-24.68B-23.94B-22.76B-19.89B-21.15B-23.59B-24.99B-19.82B-23.83B-23.96B-24.09B-23.03B-22.71B-21.98B
Interest Expenses 0.01B0.01B0.01B0.02B0.02B0.01B0.00B0.08B0.06B0.06B0.05B0.05B0.04B0.17B0.16B0.22B0.18B0.19B0.23B0.20B0.20B0.18B0.16B0.17B0.16B0.20B0.20B0.18B0.17B0.15B0.14B0.13B0.13B0.12B0.12B0.12B0.11B0.12B0.12B0.11B0.16B0.20B0.21B0.27B0.37B
Tax Rate 41.57%47.37%37.85%46.71%40.13%37.90%44.83%39.31%43.90%41.24%41.10%48.30%46.15%41.46%46.56%39.07%39.33%37.08%43.45%39.52%42.97%36.97%36.51%35.51%10.50%55.39%26.11%74.89%58.68%29.32%-17.31%14.45%13.74%24.94%25.28%-110.60%27.87%30.23%28.83%24.00%33.33%27.78%36.30%20.69%13.59%21.89%-375.00%31.58%35.73%30.03%23.95%27.42%30.77%26.87%24.31%35.09%30.61%23.34%25.18%35.79%30.30%36.95%30.77%45.50%37.50%39.35%33.27%