Chevron (CVX) Revenue — Quarter Ended Sep 30, 2025
Revenue increased compared to the prior quarter, reversing the declines seen in the two preceding periods. However, revenue was lower than the same quarter a year earlier.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue increased compared to the prior quarter, reversing the declines seen in the two preceding periods. However, revenue was lower than the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$48.2B
Revenue reported for this quarter.
Quarter-over-quarter
+8.5%
Change from the immediately preceding quarter.
Year-over-year
-1.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$187B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2024 | $48.3B | -1.2% |
| Mar 31, 2025 | $46.1B | -1.0% |
| Jun 30, 2025 | $44.4B | -10.5% |
| Sep 30, 2025 | $48.2B | -1.5% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, marking a positive sequential performance after two consecutive quarterly declines.
Quarterly comparison
Compared with the same quarter one year ago, revenue was lower. The trailing twelve-month revenue stood at a level that reflects the mixed annual trend.
What to watch
The sequential revenue improvement may warrant monitoring for sustainability given the prior downward trend.