$CVX

CHEVRON CORP

CIK:0000093410|SEC Filings
v3.25.4
Consolidated Statement of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues and Other Income      
Sales and other operating revenues $ 184,432 $ 193,414 $ 196,913
Income (loss) from equity affiliates 3,000 4,596 5,131
Other income (loss) 1,599 4,782 (1,095)
Total Revenues and Other Income 189,031 202,792 200,949
Costs and Other Deductions      
Purchased crude oil and products 108,214 119,206 119,196
Operating expenses 28,005 27,464 24,887
Selling, general and administrative expenses 5,126 4,834 4,141
Exploration expenses 1,051 995 914
Depreciation, depletion and amortization 20,132 17,282 17,326
Taxes other than on income 5,230 4,716 4,220
Interest and debt expense 1,217 594 469
Other components of net periodic benefit costs 313 195 212
Total Costs and Other Deductions 169,288 175,286 171,365
Income (Loss) Before Income Tax Expense 19,743 27,506 29,584
Income Tax Expense (Benefit) 7,258 9,757 8,173
Net Income (Loss) 12,485 17,749 21,411
Less: Net income (loss) attributable to noncontrolling interests 186 88 42
Net Income (Loss) Attributable to Chevron Corporation $ 12,299 $ 17,661 $ 21,369
Net Income (Loss) Attributable to Chevron Corporation      
Basic (in dollars per share) $ 6.65 $ 9.76 $ 11.41
Diluted (in dollars per share) $ 6.63 $ 9.72 $ 11.36