Chevron Quarterly Income Statement
NYSE: CVXEnergyIntegrated oil CompaniesUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
Chevron revenue and earnings
In the quarter ended Jun 30, 2026, Chevron generated $70.06 billion in revenue, up 56.3% from the same quarter a year earlier. Net income was $12.07 billion (+384.8% year over year), for a net margin of 17.2% versus a median of 5.9% in the prior 5 quarters. Gross margin was 47.7% (up from 40.1%).
Diluted earnings per share came in at $6.11, up from $1.45.
Summary generated from market data by MetaCap's automated system. Methodology
Chevron income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 70.06B | 48.61B | 46.87B | 49.73B | 44.82B | 47.61B | 52.23B | 50.67B | 51.18B | 48.72B | 47.18B | 54.08B |
| Revenue growth (YoY) | +56.30% | +2.09% | -10.25% | -1.86% | -12.42% | -2.27% | +10.70% | -6.31% | +4.67% | -4.09% | -16.46% | -18.85% |
| Cost of Revenue | 36.61B | 28.27B | 25.35B | 27.40B | 26.86B | 28.61B | 30.15B | 30.45B | 30.87B | 27.74B | 28.48B | 32.33B |
| Gross Profit | 33.45B | 20.34B | 21.52B | 22.33B | 17.96B | 19.00B | 22.08B | 20.22B | 20.31B | 20.98B | 18.70B | 21.75B |
| Selling, General & Admin | 1.31B | 1.07B | 1.49B | 1.52B | 889.00M | 1.22B | 1.58B | 1.19B | 1.05B | 1.01B | 969.00M | 1.16B |
| Interest Expense | 352.00M | 345.00M | 361.00M | 370.00M | 274.00M | 212.00M | 199.00M | 164.00M | 113.00M | 118.00M | 120.00M | 114.00M |
| Pretax Income | 16.68B | 3.95B | 4.60B | 5.41B | 4.15B | 5.58B | 6.06B | 6.49B | 7.04B | 7.92B | 3.49B | 8.74B |
| Income Tax | 4.47B | 1.65B | 1.75B | 1.80B | 1.63B | 2.07B | 2.80B | 1.99B | 2.59B | 2.37B | 1.25B | 2.18B |
| Net Income | 12.07B | 2.21B | 2.77B | 3.54B | 2.49B | 3.50B | 3.24B | 4.49B | 4.43B | 5.50B | 2.26B | 6.53B |
| Net Income growth (YoY) | +384.82% | -36.86% | -14.48% | -21.13% | -43.84% | -36.38% | +43.38% | -31.24% | -26.22% | -16.32% | -64.44% | -41.89% |
| EPS (Basic) | 6.13 | 1.12 | 1.36 | 1.83 | 1.45 | 2.01 | 1.85 | 2.49 | 2.43 | 2.99 | 1.23 | 3.48 |
| EPS (Diluted) | 6.11 | 1.11 | 1.36 | 1.82 | 1.45 | 2.00 | 1.84 | 2.48 | 2.43 | 2.97 | 1.22 | 3.48 |
| Shares Outstanding (Basic) | 1.97B | 1.98B | — | 1.94B | 1.72B | 1.74B | — | 1.80B | 1.83B | 1.84B | — | 1.87B |
| Shares Outstanding (Diluted) | 1.98B | 1.99B | — | 1.95B | 1.72B | 1.75B | — | 1.81B | 1.83B | 1.85B | — | 1.88B |
| Gross Margin | 47.75% | 41.85% | 45.92% | 44.90% | 40.08% | 39.91% | 42.27% | 39.90% | 39.69% | 43.06% | 39.64% | 40.22% |
| Net Margin | 17.23% | 4.55% | 5.91% | 7.12% | 5.56% | 7.35% | 6.20% | 8.86% | 8.66% | 11.29% | 4.79% | 12.07% |
This table shows 12 quarterly periods of Chevron's income statement, from Q2 2026 back to Q3 2023, across 15 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CVX's reporting calendar. What is a income statement?