Int’l. — Cost of Product and Service Sold
Chevron Int’l. — Cost of Product and Service Sold increased by 17.2% to $18.03B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.4%, from $17.44B to $18.03B. Over 3 years (FY 2022 to FY 2025), Int’l. — Cost of Product and Service Sold shows a downward trend with a -8.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue suggests rising input costs or supply chain inefficiencies, while a decrease may indicate improved operational efficiency or lower commodity input prices.
Detailed definition
Represents the direct costs attributable to the production of energy products and services within international operatio...
Peer comparison
Standardized as Cost of Goods Sold (COGS) across global integrated oil and gas peers.
cvx_segment_international_cost_of_product_and_service_soldHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $20.98B | $20.98B | $20.98B | $20.98B | $17.25B | $17.25B | $17.25B | $17.25B | $16.40B | $18.69B | $18.49B | $18.79B | $17.44B | $15.79B | $16.84B | $15.38B | $18.03B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -17.8% | +0.0% | +0.0% | +0.0% | -5.0% | +14.0% | -1.0% | +1.6% | -7.2% | -9.5% | +6.6% | -8.6% | +17.2% |
| YoY Change | — | — | — | — | -17.8% | -17.8% | -17.8% | -17.8% | -5.0% | +8.3% | +7.2% | +8.9% | +6.4% | -15.5% | -9.0% | -18.2% | +3.4% |
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Frequently Asked Questions
- What is Chevron's int’l. — cost of product and service sold?
- Chevron (CVX) reported int’l. — cost of product and service sold of $18.03B in Q1 2026.
- How has Chevron's int’l. — cost of product and service sold changed year-over-year?
- Chevron's int’l. — cost of product and service sold increased by 3.4% year-over-year, from $17.44B to $18.03B.
- What is the long-term trend for Chevron's int’l. — cost of product and service sold?
- Over 3 years (2022 to 2025), Chevron's int’l. — cost of product and service sold has grown at a -8.0% compound annual growth rate (CAGR), from $83.93B to $65.44B.
- What does int’l. — cost of product and service sold mean?
- The direct costs incurred to produce and deliver goods and services in international markets.