What is Chevron's decrease in income before income tax expense?

Chevron (CVX) reported decrease in income before income tax expense of -$1.60B in Q1 2026.

How has Chevron's decrease in income before income tax expense changed year-over-year?

Chevron's decrease in income before income tax expense increased by 30.4% year-over-year, from -$2.30B to -$1.60B.

Decrease in income before income tax expense

Chevron Decrease in income before income tax expense decreased by 45.5% to -$1.60B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 30.4%, from -$2.30B to -$1.60B.

Analysis

StatementIncome Statement

SectionOther

First reportedQ2 2022

Last reportedQ1 2026May 7, 2026

Metric ID: other_increase_decrease_in_income_loss_from_continuing_o_75e7c1

Historical Data

12 periods

	Q2 '22	Q3 '22	Q1 '23	Q2 '23	Q3 '23	Q1 '24	Q2 '24	Q3 '24	Q1 '25	Q2 '25	Q3 '25	Q1 '26
Value	$11.60B	$6.80B	$465.00M	-$8.20B	-$6.10B	-$1.60B	-$801.00M	-$2.20B	-$2.30B	-$2.90B	-$1.10B	-$1.60B
QoQ Change	—	-41.4%	-93.2%	<-999%	+25.6%	+73.8%	+49.9%	-174.7%	-4.5%	-26.1%	+62.1%	-45.5%
YoY Change	—	—	—	-170.7%	-189.7%	-444.1%	+90.2%	+63.9%	-43.8%	-262.0%	+50.0%	+30.4%

Range-$8.20B – $11.60B

CAGR-51.3%

Avg YoY Growth-97.3%

Median YoY Growth-43.8%

Frequently Asked Questions

What is Chevron's decrease in income before income tax expense?: Chevron (CVX) reported decrease in income before income tax expense of -$1.60B in Q1 2026.
How has Chevron's decrease in income before income tax expense changed year-over-year?: Chevron's decrease in income before income tax expense increased by 30.4% year-over-year, from -$2.30B to -$1.60B.