What is Chevron's pre-tax income?

Chevron (CVX) reported pre-tax income of $3.95B in Q1 2026.

How has Chevron's pre-tax income changed year-over-year?

Chevron's pre-tax income decreased by 29.3% year-over-year, from $5.58B to $3.95B.

What is the long-term trend for Chevron's pre-tax income?

Over 4 years (2021 to 2025), Chevron's pre-tax income has grown at a -2.3% compound annual growth rate (CAGR), from $21.64B to $19.74B.

What does pre-tax income mean?

Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

Chevron CVX Pre-Tax Income

Pre-Tax Income at other companies

Exxon MobilXOM

$6.97B-39.9%

World KinectWKC

$32.2M+215%

EOG ResourcesEOG

$2.56B+36.1%

Par Pacific Holdings, Inc.PARR

$58.49M+257%

PED

PEDEVCOPED

-$26.5M-12,366%

ConocoPhillipsCOP

$3.36B-24.7%

Other financials

Income statement

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Revenue$48.6B+2.1%

Gross profit$20.3B+7.1%

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$330.13B+32.0%

Enterprise value$369.24B+34.6%

P/E30×+11.7×

P/S1.7×+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

Reported directly by Chevron in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments.

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 pre-tax income?: Chevron (CVX) reported pre-tax income of $3.95B in Q1 2026.
How has Chevron's pre-tax income changed year-over-year?: Chevron's pre-tax income decreased by 29.3% year-over-year, from $5.58B to $3.95B.
What is the long-term trend for Chevron's pre-tax income?: Over 4 years (2021 to 2025), Chevron's pre-tax income has grown at a -2.3% compound annual growth rate (CAGR), from $21.64B to $19.74B.
What does pre-tax income mean?: Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.