CVX Income Statement (2009-2025) | CVX

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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	Dec2025
Revenue & cost
Revenue (Quarter)	34.99B	40.20B	45.18B	51.82B	46.74B	53.00B	49.72B	54.03B	58.41B	66.67B	61.26B	58.03B	60.70B	62.61B	55.66B	56.25B	54.30B	57.37B	58.50B	62.64B	53.27B	57.94B	51.82B	42.11B	34.56B	36.83B	34.31B	36.57B	23.55B	29.28B	29.16B	30.14B	31.52B	34.48B	36.20B	37.62B	37.76B	42.24B	43.99B	42.35B	35.20B	36.32B	34.78B	41.23B	29.70B	15.93B	24.45B	25.06B	31.08B	36.12B	42.55B	52.72B	54.37B	68.76B	63.51B	56.47B	50.79B	48.90B	51.92B	48.93B	46.58B	49.57B	50.67B	48.33B	46.10B	44.38B	48.17B	46.87B
Cost of Revenue (Quarter)																																		18.32B	18.78B	21.16B	21.23B	24.74B	24.68B	23.92B	19.70B	20.84B	19.88B	19.69B	15.51B	8.14B	13.45B	15.05B	17.57B	20.63B	23.83B	30.22B	33.41B	40.68B	38.75B	32.57B	29.41B	28.98B	32.33B	28.48B	27.74B	30.87B	30.45B	30.15B	28.61B	26.86B	27.40B	25.35B
Gross Profit (Quarter)																																		16.16B	17.43B	16.46B	16.53B	17.49B	19.31B	18.43B	15.50B	15.49B	14.90B	21.53B	14.20B	7.78B	11.00B	10.02B	13.51B	15.49B	18.72B	22.50B	20.96B	28.08B	24.76B	23.90B	21.39B	19.91B	19.59B	20.46B	18.84B	18.71B	20.22B	18.19B	17.49B	17.52B	20.77B	21.52B
Operating items
Research & Development (Quarter)	0.38B	0.44B	0.24B	0.28B	0.18B	0.21B	0.42B	0.34B	0.17B	0.42B	0.24B	0.39B	0.40B	0.49B	0.47B	0.36B	0.25B	0.33B	0.56B	0.73B	0.41B	0.69B	0.37B	0.51B	0.59B	1.07B	0.32B	1.36B	0.37B	0.21B	0.26B	0.19B	0.14B	0.12B	0.24B	0.36B	0.16B	0.18B	0.62B	0.25B	0.19B	0.14B	0.17B	0.27B	0.16B	0.90B	0.12B	0.37B	0.09B	0.11B	0.16B	0.19B	0.21B	0.20B	0.12B	0.45B	0.19B	0.17B	0.30B	0.25B	0.13B	0.26B	0.15B	0.45B	0.19B	0.25B	0.29B	0.32B
Selling, General & Administrative (Quarter)	0.98B	1.04B	1.18B	1.33B	1.04B	1.14B	1.18B	1.41B	1.10B	1.20B	1.11B	1.33B	0.94B	1.25B	1.35B	1.18B	1.00B	1.14B	1.20B	1.18B	0.93B	1.08B	1.12B	1.37B	0.94B	1.17B	1.03B	1.30B	1.00B	1.03B	1.11B	1.17B	0.81B	0.93B	1.11B	1.26B	0.72B	1.02B	1.02B	1.08B	0.98B	1.08B	0.95B	1.13B	0.68B	1.57B	0.83B	1.13B	0.99B	1.10B	0.66B	1.27B	0.97B	0.86B	1.03B	1.45B	0.88B	1.13B	1.16B	0.97B	1.01B	1.05B	1.19B	1.58B	1.22B	0.89B	1.52B	1.49B
Other Operating Expenses (Quarter)	31.60B	35.38B	2.98B	41.24B	39.31B	3.24B	3.06B	3.60B	3.79B	3.64B	4.02B	188.66B	3.84B	48.51B	3.87B	-125.97B	4.52B	47.31B	4.31B	4.62B	4.68B	47.14B	4.92B	38.83B	3.86B	36.75B	4.25B	28.80B	23.90B	30.11B	3.30B	3.42B	3.63B	31.48B	32.20B	-78.86B	31.81B	4.02B	36.65B	4.32B	3.71B	3.97B	4.20B	43.35B	26.52B	21.63B	3.65B	-57.12B	3.89B	31.97B	4.54B	39.68B	4.46B	51.70B	50.69B	44.76B	4.95B	39.76B	4.83B	42.47B	5.39B	5.30B	42.84B	44.13B	40.62B	5.53B	42.50B	146.86B
Operating Expenses (Quarter)	32.96B	36.86B	4.40B	42.85B	40.53B	4.59B	4.67B	5.34B	5.06B	5.26B	5.38B	190.37B	5.18B	50.25B	5.69B	-124.43B	5.76B	48.78B	6.07B	6.52B	6.02B	48.91B	6.40B	40.70B	5.39B	38.99B	5.59B	31.46B	25.26B	31.35B	4.67B	4.78B	4.59B	32.53B	33.55B	-77.24B	32.69B	5.21B	38.29B	5.64B	4.89B	5.19B	5.33B	44.76B	27.36B	24.09B	4.60B	-55.62B	4.97B	33.17B	5.35B	41.14B	5.64B	52.76B	51.84B	46.66B	6.02B	41.06B	6.30B	43.69B	6.53B	6.61B	44.18B	46.17B	42.03B	6.67B	44.31B	148.67B
Operating Income (Quarter)																																		-16.37B	-16.12B	93.70B	-16.16B	12.28B	-18.98B	12.79B	10.61B	10.30B	9.57B	-23.22B	-13.16B	-16.31B	6.40B	65.64B	8.54B	-17.69B	13.37B	-18.64B	15.32B	-24.68B	-27.08B	-22.76B	15.37B	-21.15B	13.29B	-23.23B	12.31B	12.09B	-23.96B	-27.98B	-24.54B	10.84B	-23.54B	-127.15B
EBIT (Quarter)	3.18B	3.35B	6.20B	5.82B	7.67B	8.78B	6.88B	8.77B	11.12B	13.21B	13.34B	9.96B	12.07B	12.36B	9.93B	11.98B	10.28B	8.59B	8.84B	8.20B	7.93B	9.03B	8.86B	5.38B	2.90B	1.36B	2.78B	-2.21B	-1.71B	-1.99B	1.17B	0.57B	3.18B	-16.37B	-16.12B	93.70B	-16.16B	12.28B	-18.98B	12.79B	10.61B	10.30B	9.57B	-23.22B	-13.16B	-16.31B	6.40B	65.64B	8.54B	-17.69B	13.37B	-18.64B	15.32B	-24.68B	-27.08B	-22.76B	15.37B	-21.15B	13.29B	-23.23B	12.31B	12.09B	-23.96B	-27.98B	-24.54B	10.84B	-23.54B	-127.15B
Non-operating items
Other Non Operating Income (Quarter)	0.53B	-0.18B	0.37B	0.19B	0.20B	0.30B	-0.08B	0.67B	0.24B	0.40B	0.94B	0.39B	0.10B	0.74B	1.11B	2.48B	0.24B	0.28B	0.27B	0.38B	0.36B	0.65B	0.94B	2.42B	0.84B	2.36B	0.35B	0.31B	-0.09B	0.69B	0.43B	0.58B	0.75B	0.29B	1.28B	0.30B	0.16B
Non Operating Income (Quarter)																										2.36B	0.35B	0.31B	-0.09B	0.69B	0.43B	0.58B	0.75B	0.29B	1.28B	0.30B	0.16B
Net income details
EBT (Quarter)	3.17B	3.35B	6.19B	5.82B	7.65B	8.77B	6.87B	8.77B	11.12B	13.21B	13.34B	9.96B	12.07B	12.36B	9.93B	11.98B	10.28B	8.59B	8.84B	8.20B	7.93B	9.03B	8.86B	5.38B	2.90B	1.36B	2.78B	-2.21B	-1.71B	-2.07B	1.11B	0.51B	3.13B	1.95B	2.66B	1.48B	5.07B	4.91B	5.70B	4.90B	3.96B	5.93B	4.05B	-8.40B	4.15B	-10.60B	-0.04B	-0.96B	2.18B	4.40B	8.10B	6.99B	9.05B	16.00B	14.80B	9.77B	9.52B	7.84B	8.70B	3.48B	7.92B	7.04B	6.49B	6.06B	5.60B	4.15B	5.40B	4.64B
Tax Provisions (Quarter)	1.32B	1.58B	2.34B	2.72B	3.07B	3.32B	3.08B	3.45B	4.88B	5.45B	5.48B	4.81B	5.57B	5.12B	4.62B	4.68B	4.04B	3.19B	3.84B	3.24B	3.41B	3.34B	3.24B	1.91B	0.30B	0.76B	0.73B	-1.66B	-1.00B	-0.61B	-0.19B	0.07B	0.43B	0.49B	0.67B	-1.64B	1.41B	1.48B	1.64B	1.18B	1.32B	1.65B	1.47B	-1.74B	0.56B	-2.32B	0.17B	-0.30B	0.78B	1.33B	1.90B	1.95B	2.78B	4.30B	3.57B	3.43B	2.91B	1.83B	2.18B	1.27B	2.37B	2.60B	2.00B	2.76B	2.07B	1.60B	1.80B	1.76B
Profit After Tax (Quarter)	1.85B	1.76B	3.85B	3.10B	4.55B	5.44B	3.79B	5.41B	6.24B	7.76B	7.83B	5.15B	6.50B	7.21B	5.25B	7.30B	6.18B	5.40B	4.95B	5.10B	4.51B	5.67B	5.59B	3.47B	2.57B	0.61B	2.04B	-0.56B	-0.72B	-1.46B	1.30B	0.48B	2.70B	1.45B	1.95B	3.12B	3.66B	3.41B	4.06B	3.69B	2.65B	4.30B	2.58B	-6.69B	3.60B	-8.27B	-0.21B	-0.64B	1.38B	3.09B	6.12B	5.05B	6.26B	11.71B	11.23B	6.50B	6.61B	6.01B	6.55B	2.24B	5.55B	4.44B	4.49B	3.17B	3.50B	2.52B	3.54B	2.77B
Equity Income (Quarter)									1.69B	1.88B	2.23B	1.57B	1.71B	2.09B	1.27B	1.81B	2.28B	1.78B	1.64B	1.82B	1.92B	1.71B	1.91B	1.55B	1.40B	1.17B	1.20B	0.92B	0.58B	0.75B	0.56B	0.78B	1.15B	1.32B	1.04B	0.94B	1.64B						1.17B	0.54B	0.96B	-2.52B	0.51B	0.57B	0.91B	1.44B	1.65B	1.66B	2.08B	2.47B	2.41B	1.62B	1.59B	1.24B	1.31B	0.99B	1.44B	1.21B	1.26B	0.69B	0.82B	0.54B	0.98B	0.66B
Net Income - Minority (Quarter)												-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	-5.73B
Income from Non-Controlling Interests (Quarter)	0.02B	0.02B	0.01B	0.03B	0.03B	0.04B	0.02B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.02B	0.06B	0.05B	0.06B	0.04B	0.05B	0.03B	0.01B	0.03B	0.03B	0.00B	0.03B	0.04B	0.02B	0.03B	0.02B	0.01B	0.02B	0.02B	0.02B	0.02B	0.03B	0.01B	0.02B	0.01B	0.01B	-0.01B	-0.01B	-0.01B		-0.06B	-0.02B	-0.01B	-0.00B	0.01B	0.02B	0.01B	0.00B	0.03B	0.02B	0.09B	0.01B	0.03B	0.03B	-0.00B	0.03B	-0.02B	0.05B	0.01B	0.01B	0.02B	0.01B	0.03B	0.07B	0.07B
Income from Continuing Operations (Quarter)	1.85B	1.76B	3.85B	3.10B	4.58B	5.44B	3.79B	5.32B	6.24B	7.76B	7.86B	5.15B	6.50B	7.23B	5.31B	7.30B	6.24B	5.40B	5.00B	4.96B	4.52B	5.69B	5.63B	3.47B	2.60B	0.61B	2.06B	-0.56B	-0.71B	-1.46B	1.30B	0.44B	2.70B	1.47B	1.99B	3.12B	3.66B	3.42B	4.06B	3.72B	2.64B	4.29B	2.58B	-6.67B	3.59B	-8.28B	-0.21B	-0.66B	1.40B	3.07B	6.20B	5.04B	6.28B	11.70B	11.23B	6.34B	6.61B	6.01B	6.52B	2.21B	5.55B	4.44B	4.49B	3.30B	3.53B	2.55B	3.60B	2.88B
Consolidated Net Income (Quarter)	1.85B	1.76B	3.85B	3.10B	4.58B	5.44B	3.79B	5.32B	6.24B	7.76B	7.86B	5.15B	6.50B	7.23B	5.31B	7.30B	6.24B	5.40B	5.00B	4.96B	4.52B	5.69B	5.63B	3.47B	2.60B	0.61B	2.06B	-0.56B	-0.71B	-1.46B	1.30B	0.44B	2.70B	1.47B	1.99B	3.12B	3.66B	3.42B	4.06B	3.72B	2.64B	4.29B	2.58B	-6.67B	3.59B	-8.28B	-0.21B	-0.66B	1.40B	3.07B	6.20B	5.04B	6.28B	11.70B	11.23B	6.34B	6.61B	6.01B	6.52B	2.21B	5.55B	4.44B	4.49B	3.30B	3.53B	2.55B	3.60B	2.88B
Income towards Parent Company (Quarter)	1.85B	1.76B	3.85B	3.10B	4.58B	5.44B	3.79B	5.32B	6.24B	7.76B	7.86B	4.35B	6.50B	7.23B	4.03B	5.99B	4.89B	4.08B	3.70B	3.64B	3.37B	4.52B	4.46B	2.31B	1.40B	-0.61B	1.03B	-1.73B	-1.88B	-2.62B	0.15B	-0.73B	1.50B	0.28B	0.79B	1.92B	2.45B	2.24B	2.96B	2.63B	1.57B	3.23B	1.53B	-7.66B	2.60B	-8.54B	-0.47B	-1.69B	0.36B	2.34B	5.34B	4.16B	5.40B	10.69B	10.28B	5.38B	5.62B	5.04B	5.53B	1.24B	4.52B	3.41B	3.66B	2.46B	2.69B	1.71B	-2.16B	-2.84B
Net Income towards Common Stockholders (Quarter)	1.85B	1.76B	3.85B	3.10B	4.58B	5.44B	3.79B	5.32B	6.24B	7.76B	7.86B	4.35B	6.50B	7.23B	4.03B	5.99B	4.89B	4.08B	3.70B	3.64B	3.37B	4.52B	4.46B	2.31B	1.40B	-0.61B	1.03B	-1.73B	-1.88B	-2.62B	0.15B	-0.73B	1.50B	0.28B	0.79B	1.92B	2.45B	2.24B	2.96B	2.63B	1.57B	3.23B	1.53B	-7.66B	2.60B	-8.54B	-0.47B	-1.69B	0.36B	2.34B	5.34B	4.16B	5.40B	10.69B	10.28B	5.38B	5.62B	5.04B	5.53B	1.24B	4.52B	3.41B	3.66B	2.46B	2.69B	1.71B	-2.16B	-2.84B
Additional items
EPS (Basic) (Quarter)	0.92	0.88	1.92	1.54	2.28	2.71	1.89	2.65	3.11	3.88	3.94	2.61	3.30	3.68	2.71	3.73	3.20	2.80	2.58	2.60	2.38	3.00	2.97	1.86	1.38	0.30	1.09	-0.31	-0.39	-0.78	0.68	0.22	1.43	0.77	1.03	1.65	1.92	1.79	2.13	1.97	1.40	2.28	1.38	-3.51	1.93	-4.44	-0.12	-0.33	0.72	1.61	3.19	2.63	3.23	5.98	5.81	3.34	3.48	3.22	3.48	1.23	2.99	2.43	2.49	1.85	2.01	1.45	1.83	1.36
EPS (Weighted Average and Diluted) (Quarter)	0.92	0.87	1.92	1.53	2.27	2.70	1.87	2.64	3.09	3.85	3.92	2.58	3.27	3.66	2.69	3.70	3.18	2.77	2.57	2.57	2.36	2.98	2.95	1.85	1.37	0.30	1.09	-0.31	-0.39	-0.78	0.68	0.22	1.41	0.77	1.03	1.64	1.90	1.78	2.11	1.95	1.39	2.27	1.36	-3.48	1.93	-4.44	-0.12	-0.33	0.72	1.60	3.19	2.63	3.22	5.95	5.78	3.33	3.46	3.20	3.48	1.22	2.97	2.43	2.48	1.84	2.00	1.45	1.82	1.36
Shares Outstanding (Weighted Average) (Quarter)	1.99B	1.99B	1.99B	1.99B	1.99B	2.00B	2.00B	2.00B	1.99B	1.99B	1.99B	1.99B	1.96B	1.95B	1.95B	1.95B	1.93B	1.93B	1.92B	1.92B	1.90B	1.89B	1.88B	1.88B	1.87B	1.87B	1.87B	1.87B	1.87B	1.87B	1.87B	1.87B	1.88B	1.88B	1.88B	1.88B	1.90B	1.90B	1.90B	1.90B	1.89B	1.89B	1.89B	1.88B	1.86B	1.86B	1.85B	1.87B	1.91B	1.92B	1.92B	1.92B	1.94B	1.94B	1.93B	1.93B	1.89B	1.87B	1.87B	1.87B	1.84B	1.83B	1.80B	1.81B	1.74B	1.73B	1.94B	1.85B
Shares Outstanding (Diluted Average) (Quarter)	2.00B	2.00B	2.00B		2.00B	2.01B	2.01B		2.01B	2.01B	2.00B	2.00B	1.98B	1.97B	1.96B	0.01B	1.94B	1.94B	1.93B	0.01B	1.91B	1.91B	1.90B	1.90B	1.88B	1.88B	1.88B	1.88B	1.87B	1.87B	1.88B		1.90B	1.89B	1.90B	1.90B	1.91B	1.92B	1.92B	1.91B	1.90B	1.90B	1.90B		1.87B	1.85B	1.85B		1.92B	1.92B	1.92B		1.94B	1.96B	1.94B		1.90B	1.89B	1.88B		1.85B	1.83B	1.81B		1.75B	1.74B	1.81B
EBITDA (Quarter)	3.18B	3.35B	6.20B	5.82B	7.67B	8.78B	6.88B	8.77B	11.12B	13.21B	13.34B	9.96B	12.07B	12.36B	9.93B	11.98B	10.28B	8.59B	8.84B	8.20B	7.93B	9.03B	8.86B	5.38B	2.90B	1.36B	2.78B	-2.21B	-1.71B	-1.99B	1.17B	0.57B	3.18B	-16.37B	-16.12B	93.70B	-16.16B	12.28B	-18.98B	12.79B	10.61B	10.30B	9.57B	-23.22B	-13.16B	-16.31B	6.40B	65.64B	8.54B	-17.69B	13.37B	-18.64B	15.32B	-24.68B	-27.08B	-22.76B	15.37B	-21.15B	13.29B	-23.23B	12.31B	12.09B	-23.96B	-27.98B	-24.54B	10.84B	-23.54B	-127.15B
Interest Expenses (Quarter)	0.01B	0.01B	0.01B		0.02B	0.02B	0.01B	0.00B																						0.08B	0.06B	0.06B	0.05B	0.05B	0.04B	0.17B	0.16B	0.22B	0.18B	0.19B	0.23B	0.20B	0.20B	0.18B	0.16B	0.17B	0.16B	0.20B	0.20B	0.18B	0.17B	0.15B	0.14B	0.13B	0.13B	0.12B	0.12B	0.12B	0.11B	0.12B	0.12B	0.11B	0.16B	0.20B	0.21B	0.27B	0.37B	0.36B
Tax Rate (Quarter)	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%	27.79%	30.17%	28.83%	23.99%	33.33%	27.72%	36.28%	20.68%	13.59%	21.89%	-375.00%	31.56%	35.73%	30.18%	23.46%	27.92%	30.67%	26.88%	24.13%	35.09%	30.61%	23.34%	25.09%	36.54%	29.93%	36.95%	30.82%	45.50%	36.98%	38.58%	33.35%	37.86%

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