What is Chevron's gross profit?

Chevron (CVX) reported gross profit of $20.34B in Q1 2026.

How has Chevron's gross profit changed year-over-year?

Chevron's gross profit increased by 7.1% year-over-year, from $19B to $20.34B.

What is the long-term trend for Chevron's gross profit?

Over 4 years (2021 to 2025), Chevron's gross profit has grown at a 3.6% compound annual growth rate (CAGR), from $70.22B to $80.82B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Chevron CVX Gross Profit

Gross Profit at other companies

World KinectWKC

$271.2M+17.7%

Par Pacific Holdings, Inc.PARR

$265.25M+42.9%

ConocoPhillipsCOP

$9.48B-8.2%

Calumet, Inc.CLMT

-$87.5M-7.5%

WBI

WaterBridge Infrastructure LLCWBI

$48.19M+38.0%

EQT CorporationEQT

$2.98B+119%

Other financials

Income statement

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Revenue$48.6B+2.1%

Net income$2.2B-36.9%

EPS (diluted)$1.11-44.5%

Balance sheet

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Cash & equivalents$6.3B+2.4%

Total debt$45.4B+53.1%

Total equity$183.72B+23.1%

Total assets$329.55B+28.5%

Cash flow

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Operating cash flow$2.5B-51.6%

CapEx$4.1B+3.5%

Free cash flow-$1.5B-223%

Valuation

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Market cap$343.03B+32.4%

Enterprise value$382.14B+35.3%

P/E31.2×+14.6×

P/S1.8×+0.5×

Profitability

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Gross margin43.2%+2.8pp

Net margin5.8%-2.0pp

FCF margin7.3%+0.5pp

Returns & leverage

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Return on equity6.6%-3.5pp

Debt / equity0.2×0.0×

Current ratio1.1×0.0×

Where this comes from

Calculated from Chevron’s reported figures.

$48.6Btotal revenue−$28.3Btotal cost of revenue=$20.34B

The official record: Chevron’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Chevron's gross profit?: Chevron (CVX) reported gross profit of $20.34B in Q1 2026.
How has Chevron's gross profit changed year-over-year?: Chevron's gross profit increased by 7.1% year-over-year, from $19B to $20.34B.
What is the long-term trend for Chevron's gross profit?: Over 4 years (2021 to 2025), Chevron's gross profit has grown at a 3.6% compound annual growth rate (CAGR), from $70.22B to $80.82B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.