Chevron Corp. (CVX) beat expectations in Q2 FY2026 on revenue of $70.1B versus the $62.7B estimate (+51.4% YoY) and EPS of $6.06. The next Chevron Corp. (CVX) earnings date is Oct 30, 2026. Below is the full Chevron Corp. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
Chevron Corp. (CVX) Earnings Analysis — key stats
Next earnings date
Oct 30, 2026
Latest reported quarter
Q2 FY2026
Earnings verdict
Beat
EPS beat rate
6 of last 8 (quarters above estimate)
Avg next-day move
±1.5% (over the last 8 reports)
Post-earnings direction
Up 4 / Down 4 (of the last 8 reports)
Implied move (next report)
±11.7% (options-derived · into Oct 30, 2026)
Institutional ownership
97.7% (13F as of 2026-06-30)
Top 10 holders
37.2% (of shares outstanding)
Insider activity
3 buys / 9 sells (recent Form 4 filings)
Revenue
$70.1B (vs $62.7B est · +11.7% surprise · +51.4% YoY)
EPS
$6.06 (vs $5.55 est · +9.2% surprise · +322.8% YoY)
Share price
$203.05 (-1.1%)
Market cap
$404.4B
Chevron Corp. (CVX) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q3 FY2026
$70.1B vs $62.7B est
$6.06 vs $5.55 est
+9.2%
+0.5%
Beat
Q2 FY2026
$48.6B vs $51.9B est
$1.41 vs $1.00 est
+41.0%
-0.5%
Mixed
Q1 FY2026
$46.9B vs $46.8B est
$1.52 vs $1.41 est
+7.8%
+1.7%
Mixed
Q4 FY2025
$48.2B vs $48.9B est
$1.85 vs $1.69 est
+9.5%
+0.3%
Mixed
Q3 FY2025
$44.4B vs $43.9B est
$1.77 vs $1.73 est
+2.3%
-0.4%
Mixed
Q2 FY2025
$47.6B vs $48.2B est
$2.18 vs $2.16 est
+0.9%
-0.6%
In line
Q1 FY2025
$52.2B vs $46.6B est
$2.06 vs $2.42 est
-14.9%
-4.5%
Mixed
Q4 FY2024
$48.9B vs $48.9B est
$2.51 vs $2.42 est
+3.7%
+3.5%
Mixed
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Blackrock, INC.
7.8%
154.8M
$25.7B
+7.0%
State Street Corp
7.5%
148.4M
$24.6B
-3.1%
Vanguard Capital Management LLC
6.2%
122.9M
$20.4B
+0.3%
Berkshire Hathaway INC
4.3%
84.4M
$14.0B
+0.0%
Geode Capital Management, LLC
2.2%
44.5M
$7.4B
+2.0%
Vanguard Portfolio Management LLC
2.1%
42.5M
$7.0B
+0.4%
Charles Schwab Investment Management INC
1.9%
37.7M
$6.3B
+4.4%
Sixth Street Partners Management Company, L.P.
1.9%
37.7M
$6.3B
+100.0%
Morgan Stanley
1.8%
36.1M
$6.0B
-2.2%
Bank Of America Corp /De/
1.4%
27.2M
$4.5B
-1.5%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
Pate R. Hewitt
officer: Chief Legal Officer
2026-08-18
Sell
2K
$506619
Moyo Dambisa F
director
2026-08-17
Sell
350
—
Walz Andrew Benjamin
officer: President, DM&C
2026-08-17
Buy
13K
$1.7M
Walz Andrew Benjamin
officer: President, DM&C
2026-08-17
Buy
4K
$361620
Walz Andrew Benjamin
officer: President, DM&C
2026-08-17
Sell
17K
$3.4M
Walz Andrew Benjamin
officer: President, DM&C
2026-08-17
Sell
4K
$361620
Walz Andrew Benjamin
officer: President, DM&C
2026-08-17
Sell
13K
$1.7M
Wirth Michael K
director, officer: Chairman and CEO
2026-08-14
Buy
317K
$28.0M
What you'll find
Next Chevron Corp. (CVX) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment Chevron Corp. reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in Chevron Corp. (CVX)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is Chevron Corp.'s next earnings date?
Chevron Corp.'s (CVX) next scheduled earnings date is Oct 30, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Chevron Corp. (CVX) beat or miss earnings?
In Q2 FY2026, Chevron Corp. (CVX) posted beat results — revenue of $70.1B versus the $62.7B estimate (+11.7% surprise) and EPS of $6.06 versus $5.55 expected (+9.2% surprise). Magnisto decodes every Chevron Corp. (CVX) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Chevron Corp. beat earnings estimates?
Over its last 8 reported quarters, Chevron Corp. (CVX) beat Wall Street EPS estimates 6 times, most recently a beat result in Q3 FY2026. Magnisto tracks every Chevron Corp. (CVX) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Chevron Corp. stock move after earnings?
Over its last 8 quarterly reports, Chevron Corp. (CVX) moved an average of ±1.5% the day after earnings — ranging from -4.5% (Q1 FY2025) to +3.5% (Q4 FY2024). The stock rose after 4 of those 8 reports and fell after 4. Heading into its next report on Oct 30, 2026, options-implied volatility is pricing in a move of roughly ±11.7% (derived). Magnisto tracks the realized post-earnings move for every Chevron Corp. (CVX) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Chevron Corp.?
Institutions hold about 97.7% of Chevron Corp.'s (CVX) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (7.8%), State Street Corp (7.5%), Vanguard Capital Management LLC (6.2%). Magnisto lists Chevron Corp.'s (CVX) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Chevron Corp. (CVX)?
In the most recent Form 4 filings Magnisto tracks, Chevron Corp. (CVX) insiders recorded 3 purchases and 9 sales — net selling. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Chevron Corp. (CVX) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Chevron Corp. (CVX), anchored to the current $203.05 share price, so you can weigh the bull, base and bear cases for Chevron Corp. side by side.
Is Chevron Corp. (CVX) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Chevron Corp. fits your own thesis and risk profile. This is research, not investment advice.