Chevron Corp (CVX) FY2026 YTD Q2 P&L / Income Statement
2026-01-01 to 2026-06-30
Revenue by Product and Service
2026-01-01 to 2026-06-30
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Chevron Corp (CVX) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2026-01-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total Revenues and Other Income
- 118,662,000,000 US dollars
- Purchased crude oil and products
- 64,872,000,000 US dollars
- Gross profit (calculated)
- 53,790,000,000 US dollars
- Total operating expenses (calculated)
- 33,160,000,000 US dollars
- Operating profit (calculated)
- 20,630,000,000 US dollars
- Other income (expense), net (calculated)
- 0 US dollars
- Income (Loss) Before Income Tax Expense
- 20,630,000,000 US dollars
- Income Tax Expense (Benefit)
- 6,123,000,000 US dollars
- Net Income (Loss)
- 14,507,000,000 US dollars
- Income (loss) from equity affiliates
- 2,870,000,000 US dollars
- Other income (loss)
- 1,037,000,000 US dollars
- Sales and other operating revenues
- 114,755,000,000 US dollars
- Operating expenses
- 15,127,000,000 US dollars
- Selling, general and administrative expenses
- 2,380,000,000 US dollars
- Exploration expenses
- 461,000,000 US dollars
- Depreciation, depletion and amortization
- 11,890,000,000 US dollars
- Taxes other than on income
- 2,527,000,000 US dollars
- Interest and debt expense
- 697,000,000 US dollars
- Other components of net periodic benefit costs
- 78,000,000 US dollars
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- 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: $14.28 B; to noncontrolling interests: $225.00 M.

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Gross margin
45.3%
Gross profit / revenue
Operating margin
17.4%
Operating profit / revenue
Cash conversion
173.3%
Operating cash / net income, same period
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