Discontinued — last reported Q4 '25
Pre-Tax Income
Income Before TaxChevron Pre-Tax Income decreased by 15.1% to $4.60B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 80.4%, from $23.42B to $4.60B. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows relatively stable performance with a -2.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2007
Last reportedQ4 2025
How to read this metric
This represents the total pool of earnings available to be split between the government and shareholders.
Detailed definition
A company's total earnings including both operating and non-operating items, before the provision for income taxes is ap...
Peer comparison
Used to calculate the effective tax rate when compared to the final tax expense.
Metric ID:
is_income_before_taxHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.42B | $8.10B | $6.94B | $6.88B | $11.60B | $6.80B | $24.39B | $465.00M | -$8.20B | -$6.10B | $43.42B | -$1.60B | -$801.00M | $6.49B | $23.42B | $5.58B | $4.15B | $5.41B | $4.60B |
| QoQ Change | — | +83.2% | -14.3% | -0.9% | +68.6% | -41.4% | +258.7% | -98.1% | <-999% | +25.6% | +811.8% | -103.7% | +49.9% | +910.1% | +260.9% | -76.2% | -25.7% | +30.6% | -15.1% |
| YoY Change | — | — | — | — | +162.3% | -16.0% | +251.5% | -93.2% | -170.7% | -189.7% | +78.0% | -444.1% | +90.2% | +206.4% | -46.1% | +448.9% | +617.7% | -16.6% | -80.4% |
Range-$8.20B – $43.42B
CAGR+0.9%
Avg YoY Growth+53.2%
Median YoY Growth-16.0%
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Chevron's pre-tax income?
- Chevron (CVX) reported pre-tax income of $4.60B in Q4 2025.
- How has Chevron's pre-tax income changed year-over-year?
- Chevron's pre-tax income decreased by 80.4% year-over-year, from $23.42B to $4.60B.
- 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 profit before the government takes its share in taxes.