Chevron (CVX) Income Statement: Revenue & Earnings

Chevron Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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Chevron Corporation income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	186.03	193.41	194.80	235.72	155.07	94.69	146.52	158.90
Cost of Revenue	108.21	136.49	118.27	161.74	91.48	71.66	80.11	114.00
Gross Profit	77.82	56.93	76.53	73.98	63.58	22.82	66.40	44.91
Operating Expenses
Research & Development	0.00	0.35	0.32	0.27	0.27	0.44	0.50	0.00
Selling, General & Administrative	33.44	4.83	29.24	4.31	25.43	4.21	4.14	3.84
Operating Expenses	59.86	27.83	49.57	34.03	47.50	20.32	21.39	30.46
Operating Income	17.96	29.10	26.96	195.90	16.09	44.61	86.86	14.45
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	-1.22	0.59	-0.47	-0.52	-0.71	-0.70	0.00	0.75
Other Income/Expense	0.00	-1.59	3.82	10.24	6.17	0.88	0.42	6.88
Income
Income Before Tax	19.74	27.51	29.58	49.67	21.64	-7.45	5.54	20.58
Income Tax Expense	7.26	9.76	8.17	14.07	5.95	-1.89	2.69	5.72
Net Income	12.30	17.66	21.37	35.47	15.63	-5.54	2.92	14.82
Net Income - Continuous Operations	0.00	17.66	21.41	35.61	15.69	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	38.06	45.81	42.18	67.00	33.63	13.79	36.37	40.74
EBIT	17.96	28.10	26.96	50.19	16.09	-6.76	7.15	21.32
Depreciation & Amortization	20.10	17.71	15.21	15.44	17.55	17.38	0.00	0.00
Earnings Per Share
Basic EPS	7.00	10.00	11.00	18.00	8.00	-3.00	2.00	8.00
Diluted EPS	7.00	10.00	11.00	18.00	8.00	-3.00	2.00	8.00
Basic Shares Outstanding	1.85	1.81	1.87	1.93	1.92	1.87	1.88	1.90
Diluted Shares Outstanding	1.86	1.82	1.88	1.94	1.92	1.87	1.90	1.91