CVX · News · 20260805N
Net Income and Profitability
CHEVRON CORP · 2026-08-05 · Importance 78 · Surprise 64 · In source text
Chevron reported second-quarter 2026 net income of $12.1 billion, compared with $2.5 billion in the year-earlier period. The result represented a $9.6 billion increase and followed a reported $3.1 billion loss in the preceding quarter. Higher oil prices, record production, acquired Hess assets, and improved upstream and downstream margins drove the earnings rebound.
Key facts
- Q2 2026 net income: $12.1 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | — | Q2 2026 net income: $12.1 billion. |