- Reported earnings of $2.2 billion; adjusted earnings of $2.8 billion
- Returned $6.0 billion cash to shareholders; 16th consecutive quarter over $5 billion
- Worldwide and U.S. production increased by 15 and 24 percent, respectively
Chevron reported earnings of $2.2 billion ($1.11 per share - diluted) for first quarter 2026, compared with $3.5 billion ($2.00 per share - diluted) in first quarter 2025. Included in the quarter was a net loss of $360 million related to a legal reserve. Foreign currency effects decreased earnings by $223 million. Adjusted earnings of $2.8 billion ($1.41 per share - diluted) in first quarter 2026 compared to adjusted earnings of $3.8 billion ($2.18 per share - diluted) in first quarter 2025. See Attachment 4 for a reconciliation of adjusted earnings.
Read the full press release with tables
Source: Chevron
