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CVX · NYSE · USD

$206.69−0.20%−$0.41

Close · October 2, 2026

At a glance

Revenue growth: −5.58%; 2025 vs 2024
Net income growth: −30.36%; 2025 vs 2024
Net margin: 6.7%; 2024: 9.0%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	67,868	47,813	45,126	48,747	44,224	46,727	49,159	49,416	49,863	47,130	45,280	52,775
Cost of revenue	36,607	28,265	24,426	27,398	26,858	28,610	29,211	30,450	30,867	27,741	27,549	32,328
Gross profit	31,261	19,548	20,700	21,349	17,366	18,117	19,948	18,966	18,996	19,389	17,731	20,447
Selling, general and administrative	8,861	8,724	9,030	9,128	7,646	7,640	9,257	7,935	7,710	7,591	7,523	7,553
Operating income	14,840	3,496	4,270	4,803	3,822	4,906	4,621	5,392	5,839	6,467	4,795	7,539
EBIT	14,840	3,496	4,270	4,803	3,822	4,906	4,621	5,392	5,839	6,467	4,795	7,539
EBITDA	20,922	9,304	10,022	10,584	8,166	9,029	9,094	9,606	9,843	10,558	8,936	11,564
Interest expense	352	345	361	370	274	212	199	164	198	118	120	114
Pre-tax income	16,684	3,946	4,599	5,414	4,147	5,583	6,059	6,489	7,036	7,922	3,490	8,738
Income tax	4,470	1,653	1,754	1,801	1,632	2,071	2,800	1,993	2,593	2,371	1,247	2,183
Net income	12,072	2,210	2,770	3,539	2,490	3,500	3,239	4,487	4,434	5,501	2,259	6,526
Net income to common shareholders	12,072	2,210	2,770	3,539	2,490	3,500	3,239	4,487	4,434	5,501	2,259	6,526
Basic EPS	6.13	1.12	1.39	1.83	1.45	2.01	1.83	2.49	2.43	2.99	1.21	3.49
Diluted EPS	6.11	1.11	1.39	1.82	1.45	2.00	1.82	2.48	2.43	2.97	1.20	3.48
Average shares (basic)	1,970	1,980	1,990	1,939	1,719	1,745	1,770	1,800	1,826	1,842	1,861	1,871
Average shares (diluted)	1,975	1,986	1,997	1,946	1,724	1,751	1,777	1,807	1,833	1,849	1,868	1,877
Dividend per share	1.78	1.78	1.71	1.71	1.71	1.71	1.63	1.63	1.63	1.63	1.51	1.51