Equinor Asa EQNR
NYSE EQNR
$44.10 -0.23 (-0.52%)
At close: Sep 18, 2026 · 4:00 PM EDT

Equinor Asa (EQNR) Beginning Cash Balance (2010 - 2025)

Equinor Asa's (EQNR) quarterly Beginning Cash Balance came in at $8.1 billion in Q4 2025, little changed on a YoY basis from $8.1 billion in Q4 2024, and down 14.09% quarter-over-quarter from $9.4 billion in Q3 2025.

Analysis

Equinor Asa (EQNR) Beginning Cash Balance (2010 - 2025) Analysis & Trends

Equinor Asa (EQNR) has reported Beginning Cash Balance for 16 consecutive years, with $8.1 billion the latest figure, recorded in Q4 2025.

  • For the quarter ending Q4 2025, Beginning Cash Balance changed 0.46% year-over-year to $8.1 billion; the trailing twelve-month figure through Dec 2025 stood at $8.1 billion (changed 0.46% YoY), and the FY2025 full-year result was $8.1 billion, changed 0.46% from the prior year.
  • Beginning Cash Balance fell to $8.1 billion in Q4 2025 per EQNR's latest filing, from $9.4 billion in the prior quarter.
  • Across five years, Beginning Cash Balance topped out at $20.9 billion in Q2 2022 and bottomed at $5.9 billion in Q1 2025.
  • Historically, Beginning Cash Balance has averaged $10.0 billion across 5 years, with a median of $8.2 billion in 2024.
  • The sharpest annual moves came in 2022 and 2024: Beginning Cash Balance jumped 135.77% in 2022, then slumped 48.2% in 2024.
  • Over 5 years, Beginning Cash Balance stood at $6.8 billion in 2021, then jumped by 107.0% to $14.0 billion in 2022, then gained by 11.38% to $15.6 billion in 2023, then tumbled by 48.2% to $8.1 billion in 2024, then grew by 0.46% to $8.1 billion in 2025.
  • According to Business Quant data, Beginning Cash Balance over the past three periods registered $8.1 billion, $9.4 billion, and $7.4 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Chevron 413.73 Bn 410.87 Bn 33.45 Bn
2 Shell 269.64 Bn 229.78 Bn 30.13 Bn
3 TotalEnergies SE 200.34 Bn 171.16 Bn 23.46 Bn
4 Eni Spa 171.91 Bn 162.06 Bn -
5 Equinor Asa 110.26 Bn 101.00 Bn -
6 Phillips 66 108.93 Bn 106.03 Bn 8.38 Bn
7 Suncor Energy 82.82 Bn 77.45 Bn 17.50 Bn
8 Imperial Oil 62.85 Bn 60.80 Bn -
9 Cenovus Energy 61.44 Bn 59.48 Bn 7.32 Bn
10 Occidental Petroleum 58.81 Bn 55.30 Bn 7.73 Bn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 8.11 Bn
Sep 30, 2025 9.44 Bn
Jun 30, 2025 7.37 Bn
Mar 31, 2025 5.90 Bn
Dec 31, 2024 8.07 Bn
Sep 30, 2024 8.64 Bn
Jun 30, 2024 8.23 Bn
Mar 31, 2024 8.07 Bn
Dec 31, 2023 15.58 Bn
Dec 31, 2022 13.99 Bn
Jun 30, 2022 20.88 Bn
Mar 31, 2022 13.99 Bn
Dec 31, 2021 6.76 Bn
Jun 30, 2021 8.86 Bn
Mar 31, 2021 6.76 Bn
Dec 31, 2020 5.18 Bn
Jun 30, 2020 6.87 Bn
Mar 31, 2020 5.18 Bn
Dec 31, 2019 7.56 Bn
Sep 30, 2019 5.38 Bn