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Chevron (CVX) capital expenditures by quarter

Chevron's capital expenditures were $4.0B in Q3 2026 (third quarter 2026), -12% from Q2 2026. Over the last 7 quarters it ranged from $3.7B (Q2 2025) to $5.3B (Q4 2025).

Chevron capital expenditures by quarterChevron capital expenditures by quarter$3.9BQ1 2025$3.7BQ2 2025$4.4BQ3 2025$5.3BQ4 2025$4.1BQ1 2026$4.5BQ2 2026$4.0BQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$4.0B-12%-10%
Q2 2026$4.5B+12%+23%
Q1 2026$4.1B-23%+4%
Q4 2025$5.3B+19%—
Q3 2025$4.4B+20%—
Q2 2025$3.7B-5%—
Q1 2025$3.9B——

Q3 2026 at a glance

Chevron, Q3 2026: revenue $67.8B (+36% year over year), operating margin 20.1%, net earnings $9.9B, operating cash flow $16.0B. The chart follows the revenue to costs, profit and cash.

Questions

What is Chevron's capital expenditures?

Chevron's capital expenditures were $4.0B in Q3 2026 (third quarter 2026), -12% from Q2 2026.

How has Chevron's capital expenditures changed?

Over the last 7 quarters it ranged from $3.7B (Q2 2025) to $5.3B (Q4 2025).

Q3 2026 results → · How Chevron makes money →