CHEVRON CORP

CVX 10-Q · Q3 2025

CVX Q3 2025 request

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Income Statement

Income Statement
Metric Q3 2025 Q3 2024 YoY
Revenue 49,726 50,669 -1.9%
Show Business Segments breakouts
All Other Segments 286 148 +93.2%
All Other Segments · Intersegment Elimination -222 72 -408.3%
Downstream · Non Us -278 -930 +70.1%
Downstream · Non Us 16,483 19,293 -14.6%
Downstream · US -6,687 -6,477 -3.2%
Downstream · US 16,838 18,185 -7.4%
Reportable Segment Aggregation Before Other Operating Segment · Intersegment Elimination 222 -72 +408.3%
Reportable Segment Aggregation Before Other Operating Segment · Operating Segments 49,440 50,521 -2.1%
Upstream · Non Us 1,008 1,043 -3.4%
Upstream · Non Us 10,359 9,671 +7.1%
Upstream · US 6,179 6,292 -1.8%
Upstream · US 5,760 3,372 +70.8%
Revenue 48,169 48,926 -1.5%
Show Business Segments breakouts
All Other Segments 24 27 -11.1%
All Other Segments · Intersegment Elimination -112 -112 0.0%
All Other Segments · Operating Segments 136 139 -2.2%
Downstream · Non Us -1,090 -207 -426.6%
Downstream · Non Us 17,483 19,488 -10.3%
Downstream · Non Us 16,393 19,281 -15.0%
Downstream · US -1,647 -2,432 +32.3%
Downstream · US 18,234 20,167 -9.6%
Downstream · US 16,587 17,735 -6.5%
Reportable Segment Aggregation Before Other Operating Segment 48,145 48,899 -1.5%
Reportable Segment Aggregation Before Other Operating Segment · Intersegment Elimination -11,851 -12,816 +7.5%
Reportable Segment Aggregation Before Other Operating Segment · Operating Segments 59,996 61,715 -2.8%
Upstream · Non Us -2,576 -2,745 +6.2%
Upstream · Non Us 12,118 11,330 +7.0%
Upstream · Non Us 9,542 8,585 +11.1%
Upstream · US -6,538 -7,432 +12.0%
Upstream · US 12,161 10,730 +13.3%
Upstream · US 5,623 3,298 +70.5%
Show Consolidation Items breakouts
Intersegment Elimination -11,963 -12,928 +7.5%
Operating Segments 60,132 61,854 -2.8%
Cost of Revenue 27,398 30,450 -10.0%
Show Business Segments breakouts
Downstream · Non Us 13,399 15,589 -14.0%
Downstream · US 6,794 8,892 -23.6%
Reportable Segment Aggregation Before Other Operating Segment · Operating Segments 27,398 30,450 -10.0%
Upstream · Non Us 3,437 2,903 +18.4%
Upstream · US 3,768 3,066 +22.9%
Total Costs & Expenses 44,312 44,180 +0.3%
Show Business Segments breakouts
All Other Segments 1,087 969 +12.2%
Downstream · Non Us 15,586 17,789 -12.4%
Downstream · US 9,391 11,574 -18.9%
Reportable Segment Aggregation Before Other Operating Segment · Operating Segments 43,225 43,211 0.0%
Upstream · Non Us 7,956 6,697 +18.8%
Upstream · US 10,292 7,151 +43.9%
Selling, General & Administrative 1,524 1,191 +28.0%
Interest Income (Q)
Show Business Segments breakouts
All Other Segments 61 64 -4.7%
Income Tax Expense (Benefit) 1,801 1,993 -9.6%
Show Business Segments breakouts
All Other Segments -123 -52 -136.5%
Downstream · Non Us 103 123 -16.3%
Downstream · US 122 -12 +1116.7%
Reportable Segment Aggregation Before Other Operating Segment · Operating Segments 1,924 2,045 -5.9%
Upstream · Non Us 1,389 1,373 +1.2%
Upstream · US 310 561 -44.7%
Net Income 3,613 4,496 -19.6%
Show Equity Components breakouts
Noncontrolling Interest 74 9 +722.2%
Parent 3,539 4,487 -21.1%
Retained Earnings 3,539 4,487 -21.1%
Net Income 3,539 4,487 -21.1%
Show Business Segments breakouts
All Other Segments -900 -697 -29.1%
Downstream · Non Us 499 449 +11.1%
Downstream · US 638 146 +337.0%
Reportable Segment Aggregation Before Other Operating Segment · Operating Segments 4,439 5,184 -14.4%
Upstream · Non Us 2,020 2,643 -23.6%
Upstream · US 1,282 1,946 -34.1%
Comprehensive Income 3,515 4,586 -23.4%
EPS (Basic) 1.83 2.49 -26.5%
EPS (Diluted) 1.82 2.48 -26.6%
Wtd Avg Shares (Basic) 1,938,922 1,800,336 +7.7%
Wtd Avg Shares (Diluted) 1,946,035 1,807,030 +7.7%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 5,414 6,489 -16.6%
Net Income Loss Attributable To Noncontrolling Interest 74 9 +722.2%
Show Business Segments breakouts
Downstream · Non Us 17 2 +750.0%
Reportable Segment Aggregation Before Other Operating Segment · Operating Segments 74 9 +722.2%
Upstream · Non Us 2 1 +100.0%
Upstream · US 55 6 +816.7%
Interest Expense (Q)
Show Business Segments breakouts
All Other Segments 329 146 +125.3%

Balance Sheet

Balance Sheet
Metric Q3 2025 Q3 2024 YoY
Current Assets
Accounts Receivable 16 17.3 -7.5%
Inventory 10,436 9,725 +7.3%
Total Current Assets 40,866 38,187 +7.0%
Show Equity Method Investment Nonconsolidated Investee breakouts
Chevron U.S.A. Inc. 20,670 18,855 +9.6%
Non-Current Assets
Goodwill 4,568 4,722 -3.3%
Show Business Segments breakouts
Downstream · Operating Segments 352
Upstream · Operating Segments 4,216
Other Non-Current Assets 16,162 14,039 +15.1%
Total Assets 326,501 259,232 +25.9%
Show Business Segments breakouts
Downstream · Non Us 21,346
Downstream · Operating Segments 55,922
Downstream · US 34,224
Upstream · Non Us 168,746
Upstream · Operating Segments 261,036
Upstream · US 88,074
Show Geography breakouts
Non Us 191,497 153,062 +25.1%
Non Us · Material Reconciling Items 1,405 2,173 -35.3%
US 130,436 101,448 +28.6%
US · Material Reconciling Items 8,138 7,186 +13.2%
Show Consolidation Items breakouts
Material Reconciling Items 9,543 9,359 +2.0%
Operating Segments 316,958 249,873 +26.8%
Current Liabilities
Accounts Payable 19,073 20,037 -4.8%
Accrued Liabilities 10,541 8,313 +26.8%
Total Current Liabilities 35,472 35,718 -0.7%
Show Equity Method Investment Nonconsolidated Investee breakouts
Chevron U.S.A. Inc. 19,380 22,115 -12.4%
Non-Current Liabilities
Long-Term Debt (Q)
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 28.6 11.6 +146.6%
Estimate Of Fair Value Fair Value Disclosure 28.6 10.9 +162.4%
Deferred Tax Liabilities 29,796 19,899 +49.7%
Total Liabilities 130,901 102,202 +28.1%
Stockholders' Equity
Common Stock 1,832 1,832 0.0%
Retained Earnings 206,006 205,503 +0.2%
Accumulated Other Comprehensive Income -2,591 -2,825 +8.3%
Total Stockholders' Equity 189,843 156,202 +21.5%
Total Liabilities & Equity 326,501 259,232 +25.9%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q3 2025 YTD Q3 2024 YoY
Operating Activities
Depreciation & Amortization 14,248 12,309 +15.8%
Show Business Segments breakouts
All Other Segments 209 190 +10.0%
Downstream · Non Us 223 242 -7.9%
Downstream · US 765 673 +13.7%
Reportable Segment Aggregation Before Other Operating Segment · Operating Segments 14,039 12,119 +15.8%
Upstream · Non Us 6,104 5,757 +6.0%
Upstream · US 6,947 5,447 +27.5%
Other Non-Cash Items 52 -1,614 +103.2%
Change in Inventory -767 -1,113 +31.1%
Change in Prepaid & Other Assets -375 96 -490.6%
Net Cash from Operations 23,150 22,797 +1.5%
Investing Activities
Net Cash from Investing -10,979 -11,606 +5.4%
Financing Activities
Share Repurchases -9,081 -10,729 +15.4%
Net Cash from Financing -11,691 -14,690 +20.4%
Supplemental
Interest Paid 573 326 +75.8%
Other Cash Flow
Net Change in Cash 521 -3,511 +114.8%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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