CVX · 8-K · 20260731PR000162

Net Income and Profitability

CHEVRON CORP · 2026-07-31 · Importance 69 · Surprise 64 · In source text

Chevron reported second-quarter 2026 earnings attributable to Chevron of $12.072 billion, or $6.11 diluted EPS, compared with $2.490 billion and $1.45 diluted EPS in second-quarter 2025. Adjusted earnings were $11.977 billion, or $6.06 per share, versus $3.053 billion, or $1.77 per share, a year earlier. Reported earnings benefited from higher commodity prices, higher refined-product margins, increased sales volumes, and $1.4 billion of favorable timing effects. Return on capital employed increased to 21.4% from 6.2% year over year.

Key facts

• Chevron reported earnings of $12.1 billion ($6.11 per share - diluted) for second quarter 2026. source
• Adjusted earnings were $12.0 billion ($6.06 per share - diluted) for second quarter 2026. source
• Included in the quarter were an asset sale gain of $230 million and pension settlement costs of $86 million. source
• Return on capital employed (ROCE) for 2Q 2026 was 21.4 percent. source

Impact estimates