CVXEnergy & utilitieschevron.com
| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $52.23B | $47.61B | $44.82B | $49.73B | $46.87B | $48.61B | $70.06B | $67.80B | ▲ +36.3% |
| Gross profit | $22.08B | $19.00B | $17.96B | $22.33B | $21.52B | $20.34B | $33.45B | $31.26B | ▲ +40.0% |
| Operating incomenever filed | — | — | — | — | — | — | — | — | — |
| Net income | $3.24B | $3.50B | $2.49B | $3.54B | $2.77B | $2.21B | $12.07B | $9.92B | ▲ +180.4% |
| R&D | — | — | — | — | — | — | — | — | — |
| EPS (diluted) | — | 2.00 $ | 1.45 $ | 1.82 $ | — | 1.11 $ | 6.11 $ | 5.06 $ | ▲ +178.0% |
| Margins (% of revenue) | |||||||||
| Gross | 42.3 % | 39.9 % | 40.1 % | 44.9 % | 45.9 % | 41.8 % | 47.7 % | 46.1 % | ▲ +1.2 pt |
| Operating | — | — | — | — | — | — | — | — | — |
| Net | 6.2 % | 7.4 % | 5.6 % | 7.1 % | 5.9 % | 4.5 % | 17.2 % | 14.6 % | ▲ +7.5 pt |
| Balance sheet | |||||||||
| Assets | $256.94B | $256.40B | $250.82B | $326.50B | $324.01B | $329.55B | $330.13B | $333.79B | ▲ +2.2% |
| Liabilities | $103.78B | $106.32B | $103.56B | $130.90B | $131.84B | $140.18B | $134.58B | $133.81B | ▲ +2.2% |
| Equity | $153.16B | $150.08B | $147.26B | $195.60B | $192.18B | $189.37B | $195.56B | $199.98B | ▲ +2.2% |
| Cash | — | — | — | — | — | — | — | — | — |
| Capital | |||||||||
| Shares outstanding | 1.76B | 1.75B | 1.73B | 2.01B | 2.00B | 1.99B | 1.98B | 1.97B | ▼ -2.4% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.