CVX · 10-Q · 2026Q3 · Full report

Operating Cash Flow Trends

CHEVRON CORP · 2026-11-05 · Importance 69 · Surprise 64 · From source text

Net cash provided by operating activities for the nine months ended September 30, 2026, was $41.161 billion, compared with $23.150 billion in the prior-year period, an increase of about 78%. Free cash flow rose to $28.549 billion from $11.067 billion, an increase of about 158%. Capital expenditures deducted in the free-cash-flow calculation were $12.612 billion, up from $12.083 billion.

Key facts

• Chevron operating cash flow was $41.2 billion in the first nine months of 2026, versus $23.2 billion a year earlier, primarily reflecting higher commodity prices, downstream margins and increased cash distributions from TCO. source
• Chevron’s trailing-12-month net cash provided by operating activities was $52.0 billion at September 30, 2026. source
• Chevron’s net cash provided by operating activities for the nine months ended September 30, 2026, was $41.161 billion, compared with $23.150 billion in the prior-year period. source
• Chevron’s free cash flow for the nine months ended September 30, 2026, was $28.549 billion, compared with $11.067 billion in the prior-year period. source

Impact estimates