EI Earnings Insight Lab
Chevron Corporation

Chevron Corporation Q4 2025 Earnings Analysis

Reported on 2026-02-24 / Fiscal Quarter Q4 2025
Revenue Down YoY Margin Under Pressure EPS Below Prior Year Weak Quarter
Chevron Corporation faced a challenging Q4 2025, with pressure on both growth and profitability.

Revenue declined 5.3% year over year and fell 4.9% sequentially. Margins weakened from the previous quarter, indicating ongoing pressure on profitability. Year-over-year earnings remained under pressure, showing that the recovery in profitability is still incomplete.

Jump to FAQ
Source: Company filings / processed earnings data
Summary Charts Key Takeaways Revenue Analysis Profitability FAQ
Revenue
$45.8B
YoY: -5.2696%
QoQ: -4.9451%
Net Income
$2.8B
YoY: -14.4798%
QoQ: -21.73%
EPS (Diluted)
$1.39
YoY: -24.46%
Net Margin
6%
YoY: -0.65 pts
QoQ: -1.3 pts
Gross Margin
31.8%
Operating Margin
8.8%
Growth

Revenue trend

Revenue pressure continues, indicating softer demand or pricing headwinds.

Profitability

Margin and earnings quality

Margins deteriorated from last quarter, indicating weaker profit conversion.

Investor Focus

What matters next

Investor focus is likely to remain on whether management can restore earnings momentum over coming quarters.

Revenue & YoY Growth

Quarterly

Revenue trend and year-over-year growth across recent reported quarterly periods.

Net Income & Net Margin

Quarterly

Net income and net margin trend over recent reported quarterly periods.

Revenue Analysis

Chevron Corporation reported $45.8B in revenue for Q4 2025, down 5.3% YoY and down 4.9% QoQ. The year-over-year decline indicates ongoing pressure on topline performance.

Revenue Snapshot
Current Quarter $45.8B
Previous Quarter $48.2B
Same Quarter Last Year $48.3B
YoY Change -5.3%
QoQ Change -4.9%

Profitability Analysis

Net income came in at $2.8B, down 14.5% YoY and down 21.7% QoQ. Net margin was 6%. Sequential margin deterioration suggests profitability remains under pressure.

Profitability Snapshot
Net Income $2.8B
EPS $1.39
Net Margin 6%
QoQ Margin Change -1.3 pts

Frequently Asked Questions

Quick factual answers for this report. Need the why behind them? Ask the report assistant.

What was Chevron Corporation's revenue in Q4 2025?

Chevron Corporation reported revenue of $45.8B in Q4 2025.

What was Chevron Corporation's net income in Q4 2025?

Chevron Corporation reported net income of $2.8B in Q4 2025.

How did Chevron Corporation's revenue change year over year?

Chevron Corporation's revenue decreased by 5.3% year over year in Q4 2025.

What was Chevron Corporation's net margin in Q4 2025?

Chevron Corporation's net margin was 6% in Q4 2025.

Related
Chevron Corporation Q3 2025 Earnings

Compare this quarter with the previous earnings report.
Related
Chevron Corporation Company Overview

Explore company profile, industry, and historical context.
Related
Chevron Corporation Revenue & Profit Trends

View more quarterly financial trend pages for this company.

Data Source & Methodology

Financial data is sourced from company filings and internal processed earnings data.

YoY and QoQ values are derived from reported quarterly figures when not directly available.

This page is for informational purposes only and does not constitute investment advice.

0.027733s