CHEVRON CORP
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 24, 2026
CVX$211.22+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Income
| Consolidated Statement of Income | Financial Table of Contents |
|---|---|
| Millions of dollars, except per-share amounts | |
| 2025 · 2024 · 2023 | |||
|---|---|---|---|
| Revenues and Other Income | |||
| Sales and other operating revenues | $184,432 | $193,414 | $196,913 |
| Income (loss) from equity affiliates | 3,000 | 4,596 | 5,131 |
| Other income (loss) | 1,599 | 4,782 | (1,095) |
| Total Revenues and Other Income | 189,031 | 202,792 | 200,949 |
| Costs and Other Deductions | |||
| Purchased crude oil and products | 108,214 | 119,206 | 119,196 |
| Operating expenses | 28,005 | 27,464 | 24,887 |
| Selling, general and administrative expenses | 5,126 | 4,834 | 4,141 |
| Exploration expenses | 1,051 | 995 | 914 |
| Depreciation, depletion and amortization | 20,132 | 17,282 | 17,326 |
| Taxes other than on income | 5,230 | 4,716 | 4,220 |
| Interest and debt expense | 1,217 | 594 | 469 |
| Other components of net periodic benefit costs | 313 | 195 | 212 |
| Total Costs and Other Deductions | 169,288 | 175,286 | 171,365 |
| Income (Loss) Before Income Tax Expense | 19,743 | 27,506 | 29,584 |
| Income Tax Expense (Benefit) | 7,258 | 9,757 | 8,173 |
| Net Income (Loss) | 12,485 | 17,749 | 21,411 |
| Less: Net income (loss) attributable to noncontrolling interests | 186 | 88 | 42 |
| Net Income (Loss) Attributable to Chevron Corporation | $12,299 | $17,661 | $21,369 |
| Per Share of Common Stock | |||
| Net Income (Loss) Attributable to Chevron Corporation | |||
| - Basic | $6.65 | $9.76 | $11.41 |
| - Diluted | $6.63 | $9.72 | $11.36 |
| See accompanying Notes to the Consolidated Financial Statements. | |||
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