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CVX
Chevron CorporationStock · Energy
$169.20+$3.51 (+2.12%)as of market close, Jul 2, 2026
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How Chevron makes money

Fiscal year

How does Chevron make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year. Straight from SEC filings.

Chevron Corporation · FY2025 · year ended 2025-12-31
Revenue$184.4BGross profit$76.2B · 41%Cost of revenue$108.2B · 59%Operating income$70.7B · 38%Operating expenses$5.6B · 3%R&D$0 · 0%SG&A$5.1B · 3%Pre-tax income$19.6B · 11%Other expense$51.1B · 28%Net income$12.3B · 7%Income tax$7.3B · 4%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.