The latest data point for Chevron's (CVX) net income in Q4'25 shows $2.77B USD, reflecting a modest decline from the previous quarter's $3.54B USD but remaining above the yearly low of $2.49B USD in Q2'25. This figure represents a year-over-year decrease of 14.5%, indicating ongoing pressure on profitability amid fluctuating energy markets. Over the period from Q1'23 to Q4'25, net income has exhibited a clear downward trend, starting at a peak of $6.57B USD in Q1'23 and declining to an average of around $4B USD annually by 2025, with notable volatility including a sharp drop to $2.26B USD in Q4'23. Year-over-year changes have been predominantly negative, averaging -25% across quarters, though Q4'24 saw a positive 43.4% rebound; the bar chart highlights consistent quarterly erosion, suggesting structural challenges in the oil sector despite intermittent recoveries.