# Chevron Corp (CVX) FY2025 Q1 P&L / Income Statement

- Company: Chevron Corp (CVX)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-05-08, accession number 0000093410-25-000019
- Page: https://plicit.ai/financials/cvx/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/cvx-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-03-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total Revenues and Other Income**: 47,610,000,000 US dollars
- **Purchased crude oil and products**: 28,610,000,000 US dollars
- **Gross profit (calculated)**: 19,000,000,000 US dollars
- **Total operating expenses (calculated)**: 13,417,000,000 US dollars
- **Operating profit (calculated)**: 5,583,000,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income (Loss) Before Income Tax Expense**: 5,583,000,000 US dollars
- **Income Tax Expense (Benefit)**: 2,071,000,000 US dollars
- **Net Income (Loss)**: 3,512,000,000 US dollars
- **Income (loss) from equity affiliates**: 820,000,000 US dollars
- **Other income (loss)**: 689,000,000 US dollars
- **Sales and other operating revenues**: 46,101,000,000 US dollars
- **Operating expenses**: 6,408,000,000 US dollars
- **Selling, general and administrative expenses**: 1,221,000,000 US dollars
- **Exploration expenses**: 187,000,000 US dollars
- **Depreciation, depletion and amortization**: 4,123,000,000 US dollars
- **Taxes other than on income**: 1,255,000,000 US dollars
- **Interest and debt expense**: 212,000,000 US dollars
- **Other components of net periodic benefit costs**: 11,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Chevron Corp: $3.50 B; to noncontrolling interests: $12.00 M.