Chevron Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	737,728	192,477	195,985	234,526	154,840
Other Revenue	6,396	3,091	-1,186	1,390	227
Revenue	744,124	195,568	194,799	235,916	155,067
Revenue Growth (YoY)	280.49%	0.40%	-17.43%	52.14%	64.96%
Cost of Revenue	432,856	118,269	118,268	144,225	91,483
Gross Profit	311,268	77,299	76,531	91,691	63,584
Selling, General & Admin	133,776	31,513	29,240	29,321	25,428
Other Operating Expenses	20,920	4,710	4,267	4,022	4,009
Operating Expenses	239,428	54,000	49,567	49,686	47,497
Operating Income	71,840	23,299	26,964	42,005	16,087
Interest Expense	-4,868	-594	-469	-516	-712
Earnings From Equity Investments	12,000	4,596	5,131	8,585	5,657
EBT Excluding Unusual Items	78,972	27,301	31,626	50,074	21,032
Merger & Restructuring Charges	-	-980	-	-	-
Gain (Loss) on Sale of Assets	-	1,685	138	550	1,021
Asset Writedown	-	-500	-2,180	-950	-414
Pretax Income	78,972	27,506	29,584	49,674	21,639
Income Tax Expense	29,032	9,757	8,173	14,066	5,950
Earnings From Continuing Operations	49,940	17,749	21,411	35,608	15,689
Minority Interest in Earnings	-744	-88	-42	-143	-64
Net Income	49,196	17,661	21,369	35,465	15,625
Net Income to Common	49,196	17,661	21,369	35,465	15,625
Net Income Growth	178.56%	-17.35%	-39.75%	126.98%	-
Shares Outstanding (Basic)	1,849	1,810	1,873	1,931	1,916
Shares Outstanding (Diluted)	1,856	1,817	1,880	1,940	1,920
Shares Change (YoY)	2.13%	-3.35%	-3.09%	1.04%	2.67%
EPS (Basic)	26.60	9.76	11.41	18.37	8.16
EPS (Diluted)	26.52	9.72	11.36	18.28	8.14
EPS Growth	172.84%	-14.44%	-37.86%	124.57%	-
Free Cash Flow	66,400	15,044	19,780	37,628	21,131
Free Cash Flow Per Share	35.78	8.28	10.52	19.40	11.01
Dividend Per Share	27.360	6.520	6.040	5.680	5.310
Dividend Growth	319.63%	7.95%	6.34%	6.97%	2.91%
Gross Margin	41.83%	39.52%	39.29%	38.87%	41.00%
Operating Margin	9.65%	11.91%	13.84%	17.80%	10.37%
Profit Margin	6.61%	9.03%	10.97%	15.03%	10.08%
Free Cash Flow Margin	8.92%	7.69%	10.15%	15.95%	13.63%
EBITDA	152,240	40,081	42,177	57,447	33,632
EBITDA Margin	20.46%	20.50%	21.65%	24.35%	21.69%
D&A For EBITDA	80,400	16,782	15,213	15,442	17,545
EBIT	71,840	23,299	26,964	42,005	16,087
EBIT Margin	9.65%	11.91%	13.84%	17.80%	10.37%
Effective Tax Rate	36.76%	35.47%	27.63%	28.32%	27.50%
Revenue as Reported	756,124	202,792	200,949	246,252	162,465

Source: S&P Global Market Intelligence. Standard template. Financial Sources.