What is Chevron's increase (decrease) in income tax expense (benefit)?

Chevron (CVX) reported increase (decrease) in income tax expense (benefit) of -$418.00M in Q1 2026.

Increase (Decrease) In Income Tax Expense (Benefit)

Chevron Increase (Decrease) In Income Tax Expense (Benefit) decreased by 117.7% to -$418.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 39.3%, from -$300.00M to -$418.00M.

Analysis

StatementIncome Statement

SectionOther

First reportedQ1 2024

Last reportedQ1 2026May 7, 2026

Metric ID: other_increase_decrease_in_income_tax_expense_benefit

Historical Data

7 periods

	Q1 '24	Q2 '24	Q3 '24	Q1 '25	Q2 '25	Q3 '25	Q1 '26
Value	-$543.00M	$764.00M	-$190.00M	-$300.00M	-$1.00B	-$192.00M	-$418.00M
QoQ Change	—	+240.7%	-124.9%	-57.9%	-233.3%	+80.8%	-117.7%
YoY Change	—	—	—	+44.8%	-230.9%	-1.1%	-39.3%

Range-$1.00B – $764.00M

CAGR-16.0%

Avg YoY Growth-56.6%

Median YoY Growth-20.2%

Frequently Asked Questions

What is Chevron's increase (decrease) in income tax expense (benefit)?: Chevron (CVX) reported increase (decrease) in income tax expense (benefit) of -$418.00M in Q1 2026.
How has Chevron's increase (decrease) in income tax expense (benefit) changed year-over-year?: Chevron's increase (decrease) in income tax expense (benefit) decreased by 39.3% year-over-year, from -$300.00M to -$418.00M.