$CVX

CHEVRON CORP

CIK:0000093410|SEC Filings
v3.26.1
CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues and Other Income    
Sales and other operating revenues $ 47,556 $ 46,101
Income (loss) from equity affiliates 745 820
Other income (loss) 306 689
Total Revenues and Other Income 48,607 47,610
Costs and Other Deductions    
Purchased crude oil and products 28,265 28,610
Operating expenses 7,676 6,408
Selling, general and administrative expenses 1,066 1,221
Exploration expenses 205 187
Depreciation, depletion and amortization 5,808 4,123
Taxes other than on income 1,314 1,255
Interest and debt expense 345 212
Other components of net periodic benefit costs (18) 11
Total Costs and Other Deductions 44,661 42,027
Income (Loss) Before Income Tax Expense 3,946 5,583
Income Tax Expense (Benefit) 1,653 2,071
Net Income (Loss) 2,293 3,512
Less: Net income (loss) attributable to noncontrolling interests 83 12
Net Income (Loss) Attributable to Chevron Corporation $ 2,210 $ 3,500
Net Income (Loss) Attributable to Chevron Corporation    
Basic (in dollars per share) $ 1.12 $ 2.01
Diluted (in dollars per share) $ 1.11 $ 2.00
Weighted Average Number of Shares Outstanding (000s)    
Basic (in shares) 1,980,146 1,744,628
Diluted (in shares) 1,985,900 1,751,441