Financial Statements — CVX
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 6.32 | 8.78 | 5.38 | 6.17 | 5.76 | 4.01 | 6.28 | 5.80 | 9.29 | 15.67 | 15.16 | 12.03 | 12.81 | 7.03 | 8.69 | 8.26 |
| Short-term Investments | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.14 | 0.32 | 0.13 | 0.27 | 0.34 | 0.03 | 0.03 | 0.03 | 0.03 |
| Accounts Receivable | 22.20 | 16.00 | 15.70 | 17.20 | 17.30 | 18.30 | 18.00 | 19.50 | 17.10 | 16.70 | 19.90 | 24.20 | 20.30 | 14.60 | 13.90 | 12.20 |
| Inventory | 10.55 | 10.44 | 8.81 | 9.17 | 9.73 | 10.48 | 9.94 | 9.43 | 9.20 | 9.23 | 9.00 | 7.72 | 6.53 | 6.13 | 6.24 | 5.62 |
| Total Current Assets | 46.16 | 40.87 | 34.69 | 38.57 | 38.19 | 39.37 | 40.51 | 41.73 | 42.79 | 48.35 | 51.50 | 51.19 | 44.71 | 32.14 | 32.97 | 30.43 |
| Property, Plant & Equipment | 218.15 | 219.49 | 147.44 | 148.12 | 147.89 | 153.00 | 153.64 | 153.97 | 142.77 | 142.95 | 144.14 | 144.41 | 144.44 | 147.95 | 151.21 | 154.00 |
| Goodwill | 4.57 | 4.57 | 4.57 | 4.57 | 4.72 | 4.72 | 4.72 | 4.72 | 4.72 | 4.72 | 4.66 | 4.66 | 4.37 | 4.40 | 4.40 | 4.40 |
| Total Non-current Assets* | 283.39 | 285.64 | 216.13 | 217.82 | 221.05 | 221.28 | 221.14 | 222.20 | 208.99 | 207.54 | 208.23 | 206.75 | 204.34 | 207.81 | 209.83 | 211.21 |
| Total Assets | 329.55 | 326.50 | 250.82 | 256.40 | 259.23 | 260.64 | 261.65 | 263.93 | 251.78 | 255.89 | 259.74 | 257.94 | 249.05 | 239.95 | 242.81 | 241.65 |
| Accounts Payable | 23.18 | 19.07 | 18.61 | 20.88 | 20.04 | 21.01 | 21.26 | 21.65 | 18.66 | 17.94 | 21.70 | 24.91 | 20.14 | 15.31 | 14.72 | 12.86 |
| Short-term Debt | 5.83 | 3.59 | 6.19 | 4.08 | 5.14 | 1.74 | 0.28 | 0.44 | 1.27 | 2.93 | 2.22 | 3.23 | 0.31 | 0.29 | 3.50 | 4.84 |
| Total Current Liabilities | 42.18 | 35.47 | 34.83 | 35.70 | 35.72 | 34.03 | 32.94 | 33.26 | 29.85 | 33.74 | 36.88 | 39.12 | 31.20 | 25.19 | 28.15 | 27.48 |
| Total Non-current Liabilities* | 98.00 | 95.43 | 68.74 | 70.61 | 66.48 | 66.35 | 67.06 | 64.42 | 62.63 | 61.72 | 63.23 | 64.25 | 70.75 | 78.04 | 80.75 | 81.23 |
| Total Liabilities | 140.18 | 130.90 | 103.56 | 106.32 | 102.20 | 100.38 | 100.00 | 97.68 | 92.48 | 95.45 | 100.11 | 103.37 | 101.95 | 103.23 | 108.90 | 108.71 |
| Retained Earnings | 204.04 | 206.01 | 205.91 | 206.36 | 205.50 | 203.96 | 202.51 | 200.59 | 196.93 | 193.74 | 186.39 | 177.91 | 169.06 | 163.04 | 159.64 | 159.29 |
| Total Stockholder Equity | 183.72 | 189.84 | 146.42 | 149.24 | 156.20 | 159.23 | 160.63 | 165.27 | 158.32 | 159.45 | 158.68 | 153.55 | 146.22 | 135.86 | 133.18 | 131.89 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 47.56 | 45.79 | 48.17 | 44.38 | 46.10 | 48.33 | 48.93 | 49.57 | 46.58 | 48.93 | 51.92 | 47.22 | 48.84 | 54.52 | 63.51 | 65.37 | 52.31 | 45.86 | 42.55 | 36.12 |
| Cost of Revenue | 28.27 | 25.35 | 27.40 | 26.86 | 28.61 | 30.15 | 30.45 | 30.87 | 27.74 | 28.48 | 32.33 | 28.98 | 29.41 | 34.67 | 38.09 | 40.00 | 32.65 | 27.34 | 23.83 | 20.63 |
| Gross Profit | 20.34 | 21.53 | 22.33 | 17.96 | 19.00 | 22.08 | 20.22 | 20.31 | 20.98 | 18.70 | 21.75 | 19.91 | 21.39 | 21.80 | 28.55 | 28.76 | 21.72 | 20.79 | 20.88 | 16.97 |
| Selling, General & Admin | 1.07 | 1.49 | 1.52 | 0.89 | 1.22 | 1.59 | 1.19 | 1.05 | 1.01 | 0.97 | 1.16 | 1.13 | 0.88 | 1.45 | 1.03 | 0.86 | 0.97 | 1.27 | 0.66 | 1.10 |
| Pretax Income | 3.95 | 4.60 | 5.41 | 4.15 | 5.58 | 6.06 | 6.49 | 7.04 | 7.92 | 3.49 | 8.74 | 7.84 | 9.52 | 9.81 | 14.81 | 16.00 | 9.05 | 6.99 | 8.06 | 4.42 |
| Tax Provision | 1.65 | 1.75 | 1.80 | 1.63 | 2.07 | 2.80 | 1.99 | 2.59 | 2.37 | 1.25 | 2.18 | 1.83 | 2.91 | 3.43 | 3.57 | 4.29 | 2.78 | 1.90 | 1.94 | 1.33 |
| Net Income | 2.21 | 2.77 | 3.54 | 2.49 | 3.50 | 3.24 | 4.49 | 4.43 | 5.50 | 2.26 | 6.53 | 6.01 | 6.57 | 6.35 | 11.23 | 11.62 | 6.26 | 5.06 | 6.11 | 3.08 |
| Basic EPS | 1.12 | 1.36 | 1.83 | 1.45 | 2.01 | 1.85 | 2.49 | 2.43 | 2.99 | 1.23 | 3.48 | 3.22 | 3.48 | 3.34 | 5.81 | 5.98 | 3.23 | 2.63 | 3.19 | 1.61 |
| Diluted EPS | 1.11 | 1.36 | 1.82 | 1.45 | 2.00 | 1.84 | 2.48 | 2.43 | 2.97 | 1.22 | 3.48 | 3.20 | 3.46 | 3.33 | 5.78 | 5.95 | 3.22 | 2.63 | 3.19 | 1.60 |
Cash Flow Statement
(in billions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 2.51 | 10.79 | 9.39 | 8.58 | 5.19 | 8.70 | 9.67 | 6.30 | 6.83 | 12.43 | 9.67 | 6.30 | 7.21 | 12.50 | 15.27 | 13.78 | 8.06 | 9.46 | 8.58 | 6.95 |
| Capital Expenditures | 4.06 | 5.26 | 4.44 | 3.71 | 3.93 | 4.34 | 4.06 | 3.97 | 4.09 | 4.36 | 4.67 | 3.76 | 3.04 | 3.84 | 3.00 | 3.18 | 1.96 | 2.61 | 1.91 | 1.80 |
| Free Cash Flow* | (1.55) | 5.53 | 4.94 | 4.86 | 1.26 | 4.36 | 5.62 | 2.33 | 2.74 | 8.07 | 5.00 | 2.54 | 4.17 | 8.66 | 12.27 | 10.60 | 6.10 | 6.85 | 6.67 | 5.16 |
| Investing Cash Flow | (3.01) | (4.93) | (1.93) | (3.43) | (5.62) | 2.67 | (3.70) | (3.95) | (3.96) | (4.07) | (4.41) | (3.94) | (2.81) | (3.71) | (2.77) | (4.96) | (0.66) | (1.39) | (1.34) | (1.57) |
| Financing Cash Flow | (0.45) | (7.37) | (4.04) | (5.98) | (1.66) | (8.78) | (5.26) | (4.57) | (4.86) | (6.17) | (8.62) | (8.75) | (6.57) | (6.45) | (9.02) | (8.14) | (1.37) | (8.29) | (8.82) | (4.94) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Dividends Per Share | 1.78 | 1.71 | 1.71 | 0.00 | 1.71 | 1.63 | 1.63 | 1.63 | 1.63 | 1.51 | 1.51 | 1.51 | 1.51 | 1.42 | 1.42 | 1.42 | 1.42 | 1.19 | 1.34 | 1.34 |
