What changed in Chevron Corp's latest annual report
In the year ended 31 Dec 2025, Chevron Corp's revenue fell 4.6% to USD 184.43bn, from USD 193.41bn; net income fell 30.4% to USD 12.30bn, from USD 17.66bn; total liabilities rose 27% to USD 131.84bn, from USD 103.78bn.
Year ended 31 Dec 2025. Source: 10-K filed 24 Feb 2026, read it on SEC EDGAR.
USD 193.41bn to USD 184.43bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 193.41bn | 184.43bn | Down 4.6% |
| Net income | 17.66bn | 12.30bn | Down 30.4% |
| Total assets | 256.94bn | 324.01bn | Up 26.1% |
| Total liabilities | 103.78bn | 131.84bn | Up 27% |
| Shareholders' equity | 152.32bn | 186.45bn | Up 22.4% |
Questions people ask
Did Chevron Corp's revenue grow last year?
Revenue fell 4.6%, from USD 193.41bn to USD 184.43bn in the year ended 31 Dec 2025.
Is Chevron Corp profitable?
Yes. Net income was USD 12.30bn in the year ended 31 Dec 2025. The year before: USD 17.66bn.
Where do these numbers come from?
From Chevron Corp's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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