Chevron (CVX) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Chevron Revenue Highlights

Latest Revenue (Y)

$202.79B

Latest Revenue (Q)

$48.17B

Main Segment (Y)

Downstream

Main Geography (Y)

Downstream Segment

Chevron Revenue by Period

Chevron Revenue by Year

Date	Revenue	Change
2024-12-31	$202.79B	2.99%
2023-12-31	$196.91B	-16.46%
2022-12-31	$235.72B	51.48%
2021-12-31	$155.61B	64.71%
2020-12-31	$94.47B	-32.46%
2019-12-31	$139.87B	-11.98%
2018-12-31	$158.90B	17.99%
2017-12-31	$134.67B	22.19%
2016-12-31	$110.22B	-15.17%
2015-12-31	$129.93B	-35.20%
2014-12-31	$200.49B	-8.93%
2013-12-31	$220.16B	-4.52%
2012-12-31	$230.59B	-5.64%
2011-12-31	$244.37B	23.30%
2010-12-31	$198.20B	17.75%
2009-12-31	$168.32B	-37.11%
2008-12-31	$267.64B	21.16%
2007-12-31	$220.90B	5.13%
2006-12-31	$210.12B	6.01%
2005-12-31	$198.20B	27.62%
2004-12-31	$155.30B	28.05%
2003-12-31	$121.28B	23.08%
2002-12-31	$98.54B	-7.25%
2001-12-31	$106.25B	-10.82%
2000-12-31	$119.13B	38.99%
1999-12-31	$85.71B	180.50%
1998-12-31	$30.56B	-27.16%
1997-12-31	$41.95B	-4.43%
1996-12-31	$43.89B	18.37%
1995-12-31	$37.08B	4.71%
1994-12-31	$35.41B	-3.35%
1993-12-31	$36.64B	-

Chevron generated $202.79B in revenue during NA 2024, up 2.99% compared to the previous quarter, and up 144.99% compared to the same period a year ago.

Chevron Revenue by Quarter

Date	Revenue	Change
2025-09-30	$48.17B	8.55%
2025-06-30	$44.38B	-6.79%
2025-03-31	$47.61B	-1.50%
2024-12-31	$48.33B	-1.21%
2024-09-30	$48.93B	-1.31%
2024-06-30	$49.57B	6.43%
2024-03-31	$46.58B	-4.81%
2023-12-31	$48.93B	-5.76%
2023-09-30	$51.92B	9.97%
2023-06-30	$47.22B	-3.33%
2023-03-31	$48.84B	-10.42%
2022-12-31	$54.52B	-14.15%
2022-09-30	$63.51B	-2.85%
2022-06-30	$65.37B	24.96%
2022-03-31	$52.31B	14.07%
2021-12-31	$45.86B	7.78%
2021-09-30	$42.55B	17.82%
2021-06-30	$36.12B	16.22%
2021-03-31	$31.08B	25.09%
2020-12-31	$24.84B	3.53%
2020-09-30	$24.00B	50.68%
2020-06-30	$15.93B	-46.39%
2020-03-31	$29.70B	-14.08%
2019-12-31	$34.57B	-0.59%
2019-09-30	$34.78B	-4.25%
2019-06-30	$36.32B	6.24%
2019-03-31	$34.19B	-15.24%
2018-12-31	$40.34B	-4.20%
2018-09-30	$42.10B	3.99%
2018-06-30	$40.49B	12.58%
2018-03-31	$35.97B	-1.14%
2017-12-31	$36.38B	7.34%
2017-09-30	$33.89B	3.09%
2017-06-30	$32.88B	4.29%
2017-03-31	$31.52B	4.58%
2016-12-31	$30.14B	3.37%
2016-09-30	$29.16B	4.72%
2016-06-30	$27.84B	20.69%
2016-03-31	$23.07B	-17.65%
2015-12-31	$28.01B	-14.51%
2015-09-30	$32.77B	-11.03%
2015-06-30	$36.83B	13.97%
2015-03-31	$32.31B	-23.26%
2014-12-31	$42.11B	-18.74%
2014-09-30	$51.82B	-6.77%
2014-06-30	$55.58B	9.03%
2014-03-31	$50.98B	-5.51%
2013-12-31	$53.95B	-4.69%
2013-09-30	$56.60B	2.34%
2013-06-30	$55.31B	1.86%
2013-03-31	$54.30B	-0.02%
2012-12-31	$54.31B	-4.34%
2012-09-30	$56.77B	-6.19%
2012-06-30	$60.52B	2.58%
2012-03-31	$59.00B	0.99%
2011-12-31	$58.42B	-6.09%
2011-09-30	$62.20B	-7.25%
2011-06-30	$67.07B	14.34%
2011-03-31	$58.65B	11.69%
2010-12-31	$52.52B	8.34%
2010-09-30	$48.48B	-5.60%
2010-06-30	$51.35B	9.39%
2010-03-31	$46.94B	-1.75%
2009-12-31	$47.78B	4.88%
2009-09-30	$45.55B	15.41%
2009-06-30	$39.47B	11.12%
2009-03-31	$35.52B	-21.42%
2008-12-31	$45.20B	-42.68%
2008-09-30	$78.87B	-4.97%
2008-06-30	$82.99B	25.84%
2008-03-31	$65.95B	7.39%
2007-12-31	$61.41B	-

Chevron generated $48.17B in revenue during Q3 2025, up 8.55% compared to the previous quarter, and up 97.17% compared to the same period a year ago.

Chevron Revenue Breakdown

Chevron Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21
Upstream	$44.30B	$45.74B	$106.98B	-
Downstream	$80.42B	$151.04B	$179.56B	-
All Other	-	$133.00M	-	-
Oil and Gas	-	-	$14.18B	$14.10B

Chevron's latest annual revenue breakdown by segment (product or service), as of Dec 24: Downstream (64.48%), and Upstream (35.52%).

Quarterly Revenue by Product

Product/Service	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Upstream	$12.16B	$10.38B	$33.84B	$292.00M	$22.06B	$21.95B	$23.56B	$20.91B	-	-	-	-	-	-	-	-	-	-	-	-
Downstream	$18.23B	$18.71B	$13.37B	$2.43B	$39.66B	$38.33B	$39.73B	$43.78B	-	-	-	-	-	-	-	-	-	-	-	-
All Other Segments	$286.00M	$149.00M	$398.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
All Other	-	-	$398.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and Gas	-	-	-	-	-	-	-	$64.84B	$36.00M	$30.00M	$54.52B	$32.00M	$38.00M	$16.00M	$36.00M	$39.00M	$25.00M	$24.00M	$24.84B	$37.00M

Chevron's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Downstream (59.43%), Upstream (39.64%), and All Other Segments (0.93%).

Chevron Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21
Upstream Segment	$44.30B	-	-	-
Downstream Segment	$80.42B	-	-	-
Non-US	-	$143.90B	$2.00M	-
UNITED STATES	-	$515.00M	$506.00M	-
International	-	$108.20B	-	-
United States	-	$88.72B	-	-

Chevron's latest annual revenue breakdown by geography, as of Dec 24: Downstream Segment (64.48%), and Upstream Segment (35.52%).

Quarterly Revenue by Country

Country	Sep 25	Jun 25	Mar 25	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Downstream Segment	$18.23B	$18.71B	$18.70B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Upstream Segment	$12.16B	$10.38B	$11.52B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
International	-	-	-	$30.82B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	-	-	-	$138.00M	$120.00M	$182.00M	$149.00M	$156.00M	$108.00M	$34.37B	$137.00M	$141.00M	$83.00M	$185.00M	$87.00M	$210.00M	$24.00M	$12.32B	$208.00M	$227.00M
Non-US	-	-	-	-	$28.88B	$30.66B	$31.66B	-	$1.00M	$33.16B	$1.00M	$1.00M	-	$1.00M	$1.00M	-	-	$16.93B	$3.00M	$6.00M

Chevron's latest quarterly revenue breakdown by geography, as of Sep 25: Downstream Segment (59.99%), and Upstream Segment (40.01%).

Chevron Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
EC	Ecopetrol	$143.08T	$31.30T
XOM	Exxon Mobil	$345.60B	$83.33B
SHEL	Shell	$301.01B	$70.83B
TTE	TotalEnergies SE	$218.94B	$51.88B
BP	BP p.l.c.	$210.13B	$48.88B
CVX	Chevron	$202.79B	$48.17B
EQNR	Equinor ASA	$106.85B	$25.09B
PBR	Petróleo Brasileiro S.A. - Petrobras	$102.50B	$23.77B
CVE	Cenovus Energy	$52.20B	$13.40B
SU	Suncor Energy	$49.09B	$13.30B
YPF	YPF Sociedad Anónima	$17.00B	$4.31B

CVX Revenue FAQ

What is Chevron’s yearly revenue?

Chevron's yearly revenue for 2024 was $202.79B, representing an increase of 2.99% compared to 2023. The company's yearly revenue for 2023 was $196.91B, representing a decrease of -16.46% compared to 2022. CVX's yearly revenue for 2022 was $235.72B, representing an increase of 51.48% compared to 2021.

What is Chevron’s quarterly revenue?

Chevron's quarterly revenue for Q3 2025 was $48.17B, a 8.55% increase from the previous quarter (Q2 2025), and a -1.55% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $44.38B, a -6.79% decrease from the previous quarter (Q1 2025), and a -10.49% decrease year-over-year (Q2 2024). CVX's quarterly revenue for Q1 2025 was $47.61B, a -1.50% decrease from the previous quarter (Q4 2024), and a 2.21% increase year-over-year (Q1 2024).

What is Chevron’s revenue growth rate?

Chevron's revenue growth rate for the last 3 years (2022-2024) was -13.97%, and for the last 5 years (2020-2024) was 114.66%.

What are Chevron’s revenue streams?

Chevron's revenue streams in c 24 are Upstream, and Downstream. Upstream generated $44.3B in revenue, accounting 35.52% of the company's total revenue, down -47.21% year-over-year. Downstream generated $80.42B in revenue, accounting 64.48% of the company's total revenue, down -50.24% year-over-year.

What is Chevron’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Chevron was Downstream. This segment made a revenue of $80.42B, representing 64.48% of the company's total revenue.