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, up 31.1% YoY from $6.2 billion in Q4 2024, and down 14.09% on a QoQ basis from $9.4 billion in Q3 2025.

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

Equinor Asa (EQNR) has 15 years of Beginning Cash Balance data on file, last reported at $8.1 billion in Q4 2025.

  • Quarterly Beginning Cash Balance rose 31.1% year-over-year to $8.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $30.8 billion (down 28.94% YoY) and the FY2025 annual result came in at $5.9 billion, down 26.85% from the prior year.
  • Beginning Cash Balance slipped to $8.1 billion in Q4 2025, from $9.4 billion in the prior quarter.
  • In the past five years, Beginning Cash Balance ranged from a high of $20.9 billion in Q2 2022 to a low of $5.9 billion in Q1 2025.
  • A 4-year average of $9.4 billion and a median of $8.1 billion in 2025 frame the typical range for Beginning Cash Balance.
  • Annual changes were most pronounced in 2022 — Beginning Cash Balance soared 135.77% — and 2025, when it dropped 26.85%.
  • Tracing EQNR's Beginning Cash Balance over 4 years: stood at $8.9 billion in 2021, then soared by 135.77% to $20.9 billion in 2022, then plunged by 70.39% to $6.2 billion in 2024, then jumped by 31.1% to $8.1 billion in 2025.
  • The last three Beginning Cash Balance figures came in at $8.1 billion (Q4 2025), $9.4 billion (Q3 2025), and $7.4 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn -
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn
4 Eni Spa 205.81 Bn 195.97 Bn -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 8.11 Bn
Dec 31, 2025 8.11 Bn
Sep 30, 2025 9.44 Bn
Sep 30, 2025 9.44 Bn
Jun 30, 2025 7.37 Bn
Jun 30, 2025 7.37 Bn
Mar 31, 2025 5.90 Bn
Mar 31, 2025 5.90 Bn
Dec 31, 2024 6.18 Bn
Dec 31, 2024 6.18 Bn
Jun 30, 2024 8.23 Bn
Jun 30, 2024 8.23 Bn
Mar 31, 2024 8.07 Bn
Mar 31, 2024 8.07 Bn
Jun 30, 2022 20.88 Bn
Jun 30, 2022 20.88 Bn
Mar 31, 2022 13.99 Bn
Mar 31, 2022 13.99 Bn
Jun 30, 2021 8.86 Bn
Jun 30, 2021 8.86 Bn