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
Revenue	184,432	193,414	196,913	235,717	155,606
Revenue Growth (YoY)	-4.64%	-1.78%	-16.46%	51.48%	64.71%
Cost of Revenue	108,214	119,206	119,196	145,416	92,249
Gross Profit	76,218	74,208	77,717	90,301	63,357
Selling, General & Admin	5,126	4,834	4,141	4,312	4,014
Depreciation & Amortization Expenses	20,132	17,282	17,326	16,319	17,925
Exploration Expenses	1,051	995	914	974	549
Other Operating Expenses	33,548	32,375	29,319	29,041	25,377
Total Operating Expenses	59,857	55,486	51,700	50,646	47,865
Operating Income	16,361	18,722	26,017	39,655	15,492
Interest Income	3,000	4,596	5,131	8,585	5,657
Interest Expense	-1,217	-594	-469	-516	-712
Other Non-Operating Income (Expense)	1,599	4,782	-1,095	1,950	1,202
Total Non-Operating Income (Expense)	3,382	8,784	3,567	10,019	6,147
Pretax Income	19,743	27,506	29,584	49,674	21,639
Provision for Income Taxes	7,258	9,757	8,173	14,066	5,950
Net Income	12,299	17,661	21,369	35,465	15,625
Minority Interest in Earnings	186	88	42	143	64
Net Income to Common	12,299	17,661	21,369	35,465	15,625
Net Income Growth	-30.36%	-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)	2.15%	-3.35%	-3.09%	1.04%	2.67%
EPS (Basic)	6.65	9.76	11.41	18.36	8.15
EPS (Diluted)	6.63	9.72	11.36	18.28	8.14
EPS Growth	-31.79%	-14.44%	-37.86%	124.57%	-
Free Cash Flow	16,592	15,044	19,780	37,628	21,131
Free Cash Flow Growth	10.29%	-23.94%	-47.43%	78.07%	1176.80%
Free Cash Flow Per Share	8.94	8.28	10.52	19.40	11.01
Dividends Per Share	6.840	6.520	6.040	5.680	5.310
Dividend Growth	4.91%	7.95%	6.34%	6.97%	2.91%
Gross Margin	41.33%	38.37%	39.47%	38.31%	40.72%
Operating Margin	8.87%	9.68%	13.21%	16.82%	9.96%
Profit Margin	6.77%	9.18%	10.87%	15.11%	10.08%
FCF Margin	9.00%	7.78%	10.05%	15.96%	13.58%
EBITDA	36,493	36,004	43,343	55,974	33,417
EBITDA Margin	19.79%	18.61%	22.01%	23.75%	21.48%
EBIT	16,361	18,722	26,017	39,655	15,492
EBIT Margin	8.87%	9.68%	13.21%	16.82%	9.96%
Effective Tax Rate	36.76%	35.47%	27.63%	28.32%	27.50%

Updated Jan 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q