10-Q quarterly report · filed May 7, 2026

Chevron Corporation (CVX) Q1 2026 10-Q Quarterly Report

Short answer

Chevron Corporation (CVX) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $47.6B (up 3.2% year over year) with net income of $2.2B.

Q1 2026 key financials · XBRL

Revenue
$47.6B
+3.2% YoY
Net income
$2.2B
−36.9% YoY
EPS (diluted)
$1.11
−44.5% YoY

Source: XBRL data from the Chevron Corporation (CVX) Q1 2026 10-Q on SEC EDGAR. USD.

Chevron Corporation Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Operating margin percentage not disclosed; net income margin unavailable from provided text
  • Best segment U.S. Upstream earnings $2.112B vs $1.858B; worst International Downstream loss $1.013B vs $222M earnings
  • Production 3.86M barrels per day, up 15% YoY; Hess acquisition and Permian growth cited
  • Headwinds: $2.9B adverse timing effects; Middle East volatility, supply disruptions, and logistics risks ahead

Risk Factors

  • No material risk-factor changes from Chevron’s 2025 Form 10-K
  • Carried-forward regulatory, legal, and compliance risks unchanged from pages 21–27 of the 2025 Annual Report
  • Carried-forward operational, competitive, and market risks unchanged from the 2025 Annual Report
  • Carried-forward liquidity, debt, currency, and concentration risks unchanged from the 2025 Annual Report

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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