# Chevron Corp (CVX) FY2026 Q1 P&L / Income Statement

- Company: Chevron Corp (CVX)
- Period: 2026-01-01 to 2026-03-31
- Filing: Q1 FY2026 10-Q, filed 2026-05-07, accession number 0000093410-26-000113
- Page: https://plicit.ai/financials/cvx/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/cvx-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-01-01 through 2026-03-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total Revenues and Other Income**: 48,607,000,000 US dollars
- **Purchased crude oil and products**: 28,265,000,000 US dollars
- **Gross profit (calculated)**: 20,342,000,000 US dollars
- **Total operating expenses (calculated)**: 16,396,000,000 US dollars
- **Operating profit (calculated)**: 3,946,000,000 US dollars
- **Other income (expense), net (calculated)**: 0 US dollars
- **Income (Loss) Before Income Tax Expense**: 3,946,000,000 US dollars
- **Income Tax Expense (Benefit)**: 1,653,000,000 US dollars
- **Net Income (Loss)**: 2,293,000,000 US dollars
- **Income (loss) from equity affiliates**: 745,000,000 US dollars
- **Other income (loss)**: 306,000,000 US dollars
- **Sales and other operating revenues**: 47,556,000,000 US dollars
- **Operating expenses**: 7,676,000,000 US dollars
- **Selling, general and administrative expenses**: 1,066,000,000 US dollars
- **Exploration expenses**: 205,000,000 US dollars
- **Depreciation, depletion and amortization**: 5,808,000,000 US dollars
- **Taxes other than on income**: 1,314,000,000 US dollars
- **Interest and debt expense**: 345,000,000 US dollars
- **Other components of net periodic benefit costs**: negative 18,000,000 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: $2.21 B; to noncontrolling interests: $83.00 M.