What is Chevron's total cost of revenue?

Chevron (CVX) reported total cost of revenue of $28.27B in Q1 2026.

How has Chevron's total cost of revenue changed year-over-year?

Chevron's total cost of revenue decreased by 1.2% year-over-year, from $28.61B to $28.27B.

What is the long-term trend for Chevron's total cost of revenue?

Over 4 years (2021 to 2025), Chevron's total cost of revenue has grown at a 4.1% compound annual growth rate (CAGR), from $92.25B to $108.21B.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Chevron CVX Total Cost of Revenue

Total Cost of Revenue at other companies

World KinectWKC

$9.41B+2.1%

Par Pacific Holdings, Inc.PARR

$1.56B-0.1%

ConocoPhillipsCOP

$6.28B+1.5%

Clean Energy FuelsCLNE

$50.2M-8.1%

GevoGEVO

$20.23M-5.7%

Calumet, Inc.CLMT

$1.12B+3.9%

Segments

By segment

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All Other$0—

By geography

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Int’l.$18.03B+3.4%

By product

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Oil and Gas, Purchased$7.32B+11.8%

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

See full

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

See full

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:CostOfGoodsAndServicesSold.

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 total cost of revenue?: Chevron (CVX) reported total cost of revenue of $28.27B in Q1 2026.
How has Chevron's total cost of revenue changed year-over-year?: Chevron's total cost of revenue decreased by 1.2% year-over-year, from $28.61B to $28.27B.
What is the long-term trend for Chevron's total cost of revenue?: Over 4 years (2021 to 2025), Chevron's total cost of revenue has grown at a 4.1% compound annual growth rate (CAGR), from $92.25B to $108.21B.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.