What is Chevron's prepaid expenses?

Chevron (CVX) reported prepaid expenses of $5.02B in Q1 2026.

What does prepaid expenses mean?

Expenses paid in advance for services or goods that will be used within one year.

Chevron Prepaid expenses increased by 12.4% to $5.02B in Q1 2026 compared to the prior quarter.

StatementBalance Sheet Statement

SectionOther

CategoryEfficiency

SignalContext dependent

VolatilityStable

First reportedQ4 2024

Last reportedQ1 2026

Significant fluctuations may indicate changes in procurement timing or shifts in operational scale.

These are payments made in advance for goods or services that will be received or consumed within the next fiscal year....

Standard across all industries as a routine component of current assets.

Metric ID: other_prepaid_expense_current

2 periods

	Q4 '25	Q1 '26
Value	$4.47B	$5.02B
QoQ Change	—	+12.4%

Range$4.47B – $5.02B

What is Chevron's prepaid expenses?: Chevron (CVX) reported prepaid expenses of $5.02B in Q1 2026.
What does prepaid expenses mean?: Expenses paid in advance for services or goods that will be used within one year.