Current Liabilities

Accrued Income Taxes, Current

Chevron Accrued Income Taxes, Current increased by 55.5% to $1.31B in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityVolatile
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

An increase typically correlates with higher taxable profits, while a decrease may signal lower profitability or tax payments made.

Detailed definition

This represents the estimated amount of income tax payable to government authorities for the current period. It reflects...

Peer comparison

Standard liability for all profitable firms; peers' balances fluctuate with commodity price cycles and regional tax rates.

Metric ID: current_liabilities_accrued_income_taxes_current

Historical Data

2 periods
 Q4 '25Q1 '26
Value$844.00M$1.31B
QoQ Change+55.5%
Range$844.00M$1.31B

Frequently Asked Questions

What is Chevron's accrued income taxes, current?
Chevron (CVX) reported accrued income taxes, current of $1.31B in Q1 2026.
What does accrued income taxes, current mean?
Income taxes owed to governments that are due within one year.