What is Chevron's net income (NCI)?

Chevron (CVX) reported net income (NCI) of $83M in Q1 2026.

How has Chevron's net income (NCI) changed year-over-year?

Chevron's net income (NCI) increased by 591.7% year-over-year, from $12M to $83M.

What does net income (NCI) mean?

The portion of net income attributable to minority shareholders in subsidiaries that are not 100% owned by the parent company. Deducted to arrive at net income attributable to the parent.

Chevron CVX Net Income (NCI)

Net Income (NCI) at other companies

Devon EnergyDVN

$0-100%

Segments

By segment

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All Other$0—

By geography

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Int’l.$36M+414%

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$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

Reported directly by Chevron in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLossAttributableToNoncontrollingInterest.

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 net income (NCI)?: Chevron (CVX) reported net income (NCI) of $83M in Q1 2026.
How has Chevron's net income (NCI) changed year-over-year?: Chevron's net income (NCI) increased by 591.7% year-over-year, from $12M to $83M.
What does net income (NCI) mean?: The portion of net income attributable to minority shareholders in subsidiaries that are not 100% owned by the parent company. Deducted to arrive at net income attributable to the parent.