v3.26.1
CONSOLIDATED STATEMENT OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues and Other Income        
Sales and other operating revenues $ 67,199 $ 44,375 $ 114,755 $ 90,476
Income (loss) from equity affiliates 2,125 536 2,870 1,356
Other income (loss) 731 (89) 1,037 600
Total Revenues and Other Income 70,055 44,822 118,662 92,432
Costs and Other Deductions        
Purchased crude oil and products 36,607 26,858 64,872 55,468
Operating expenses 7,451 6,674 15,127 13,082
Selling, general and administrative expenses 1,314 889 2,380 2,110
Exploration expenses 256 252 461 439
Depreciation, depletion and amortization 6,082 4,344 11,890 8,467
Taxes other than on income 1,213 1,301 2,527 2,556
Interest and debt expense 352 274 697 486
Other components of net periodic benefit costs 96 83 78 94
Total Costs and Other Deductions 53,371 40,675 98,032 82,702
Income (Loss) Before Income Tax Expense 16,684 4,147 20,630 9,730
Income Tax Expense (Benefit) 4,470 1,632 6,123 3,703
Net Income (Loss) 12,214 2,515 14,507 6,027
Less: Net income (loss) attributable to noncontrolling interests 142 25 225 37
Net Income (Loss) Attributable to Chevron Corporation $ 12,072 $ 2,490 $ 14,282 $ 5,990
Net Income (Loss) Attributable to Chevron Corporation        
Basic (in dollars per share) $ 6.13 $ 1.45 $ 7.23 $ 3.46
Diluted (in dollars per share) $ 6.11 $ 1.45 $ 7.21 $ 3.45
Weighted Average Number of Shares Outstanding (000s)        
Basic (in shares) 1,969,868 1,719,184 1,974,979 1,731,836
Diluted (in shares) 1,975,087 1,724,397 1,980,464 1,737,844