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Operating Expenses

Total costs & expenses

Chevron Total costs & expenses increased by 5.6% to $44.66B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.3%, from $42.03B to $44.66B. Over 4 years (FY 2021 to FY 2025), Total costs & expenses shows an upward trend with a 4.7% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026
Metric ID: total_costs_and_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$33.18B$36.66B$41.14B$45.32B$52.76B$51.84B$46.67B$41.27B$41.06B$45.34B$43.69B$40.79B$44.15B$44.18B$46.17B$42.03B$40.68B$44.31B$42.27B$44.66B
QoQ Change+10.5%+12.2%+10.1%+16.4%-1.8%-10.0%-11.6%-0.5%+10.4%-3.6%-6.6%+8.2%+0.1%+4.5%-9.0%-3.2%+8.9%-4.6%+5.6%
YoY Change+59.0%+41.4%+13.4%-8.9%-22.2%-12.5%-6.4%-1.2%+7.5%-2.6%+5.7%+3.0%-7.9%+0.3%-8.4%+6.3%
Range$33.18B$52.76B
CAGR+6.5%
Avg YoY Growth+4.2%
Median YoY Growth-0.4%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
All Other$1.11B$986M$1.09B$1.37B$1.05B
Segment Total$40.92B
Total$42.03B$40.68B$44.31B$42.27B$44.66B

Geographic Breakdown

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Int’l.$22.55B$21.47B$23.54B$22.27B$24.56B
Total$42.03B$40.68B$44.31B$42.27B$44.66B

Frequently Asked Questions

What is Chevron's total costs & expenses?
Chevron (CVX) reported total costs & expenses of $44.66B in Q1 2026.
How has Chevron's total costs & expenses changed year-over-year?
Chevron's total costs & expenses increased by 6.3% year-over-year, from $42.03B to $44.66B.
What is the long-term trend for Chevron's total costs & expenses?
Over 4 years (2021 to 2025), Chevron's total costs & expenses has grown at a 4.7% compound annual growth rate (CAGR), from $140.83B to $169.29B.