CHEVRON CORP (CVX) Income statement

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CHEVRON CORP (CVX) · Income Statement

Consolidated Statements of Operations

Annual · In millions USD, except per-share data · Latest filed Feb 24, 2026 · FY ends Dec 31

Fiscal Years Ended
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
Trend
Total Revenue$189,031$202,792$200,949$246,252
Cost of Revenue108,214119,206119,196145,416
Gross Profit$80,817$83,586$81,753$100,836
Other Operating Expenses61,07456,08052,16951,162
Total Operating Expenses169,288175,286171,365196,578
Operating Income$19,743$27,506$29,584$49,674
EBIT (Earnings Before Interest & Tax)19,74327,50629,58449,674
Add: Depreciation & Amortization20,13217,28217,32616,319
EBITDA (Non-GAAP)$39,875$44,788$46,910$65,993
Interest Expense-1,217-594-469-516
Non-Operating Income (Expense)$(1,217)$(594)$(469)$(516)
Income Before Taxes (EBT)$19,743$27,506$29,584$49,674
Provision for Income Taxes7,2589,7578,17314,066
Effective Tax Rate36.8%35.5%27.6%28.3%
Net Income$12,299$17,661$21,369$35,465
Shares Outstanding1,8491,8101,8731,931
Diluted Shares Outstanding1,8561,8171,8801,940
Basic Earnings Per Share$6.65$9.76$11.41$18.36
Diluted Earnings Per Share$6.63$9.72$11.36$18.28
Gross Margin42.8%41.2%40.7%40.9%
6 more line items available via the API
Research & DevelopmentSales, General & AdministrativeAsset Impairment ChargesOperating MarginOther OpEx MarginNet Margin
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