Chevron Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $189.03B | $202.79B | $201.93B | $246.27B | $162.47B | $94.99B | $146.52B |
| Sales and Other Operating Revenues | — | $184.43B | $193.41B | $196.91B | $235.72B | $156.29B | $94.16B | $139.87B |
| Income from Equity Affiliates | — | $3.00B | $4.60B | $3.92B | $9.08B | $4.06B | $504.0M | $3.15B |
| Other Income | — | $1.60B | $4.78B | $1.10B | $1.47B | $2.13B | $333.0M | $3.50B |
| Cost of Revenue | — | $108.21B | $119.21B | $119.20B | $145.42B | $92.25B | $52.15B | $80.11B |
| Gross Profit | — | $80.82B | $83.59B | $82.74B | $100.86B | $70.22B | $42.84B | $66.40B |
| Gross Margin | — | 42.8% | 41.2% | 41.0% | 41.0% | 43.2% | 45.1% | 45.3% |
| Operating Expenses | ||||||||
| Research & Development | — | $427.0M | $353.0M | $320.0M | $268.0M | $268.0M | $435.0M | $500.0M |
| SG&A Expense | — | $5.13B | $4.83B | $4.14B | $4.31B | $4.01B | $4.21B | $4.14B |
| Operating Income | — | $20.96B | $28.10B | $30.05B | $50.19B | $22.35B | $-6.76B | $6.33B |
| Operating Margin | — | 11.1% | 13.9% | 14.9% | 20.4% | 13.8% | -7.1% | 4.3% |
| Interest Expense | — | $1.22B | $594.0M | $469.0M | $516.0M | $712.0M | $697.0M | $798.0M |
| Pretax Income | — | $19.74B | $27.51B | $29.58B | $49.67B | $21.64B | $-7.45B | $5.54B |
| Income Tax Expense | — | $7.26B | $9.76B | $8.17B | $14.07B | $5.95B | $-1.89B | $2.69B |
| Net Income | — | $12.30B | $17.66B | $21.37B | $35.47B | $15.63B | $-5.54B | $2.92B |
| Net Margin | — | 6.5% | 8.7% | 10.6% | 14.4% | 9.6% | -5.8% | 2.0% |
| EPS (Basic) | — | $6.65 | $9.76 | $11.41 | $18.36 | $8.15 | $-2.96 | $1.55 |
| EPS (Diluted) | — | $6.63 | $9.72 | $11.36 | $18.28 | $8.14 | $-2.96 | $1.54 |
| Shares Outstanding (Basic) | 2.00B | 1.85B | 1.81B | 1.87B | 1.93B | 1.92B | 1.87B | 1.88B |
| Shares Outstanding (Diluted) | 2.00B | 1.86B | 1.82B | 1.88B | 1.94B | 1.92B | 1.87B | 1.90B |
| Dividends Per Share | — | $6.84 | $6.52 | $6.04 | $5.68 | $5.31 | $5.16 | $4.76 |