Equinor Asa (EQNR) Cash from Operations (2009 - 2026)
Equinor Asa's Cash from Operations was $7.55 billion in Q3 2026, up 18.9% from $6.35 billion a year earlier but down 20.3% from the prior quarter.
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Analysis
Equinor Asa (EQNR) Cash from Operations (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Equinor Asa's Cash from Operations was $24.34 billion through Sep 30, 2026, up 22.4% year-over-year; for FY2025, it came in at $19.97 billion, up 2.6% from FY2024.
- Cash from Operations shows a five-year compound annual growth rate of 14.0% (FY2020 to FY2025).
- In earlier years, Cash from Operations was $19.47 billion in FY2024 (-33.5%), $29.26 billion in FY2023 (-16.7%), $35.14 billion in FY2022 (+21.9%) and $28.82 billion in FY2021 (+177.5%).
- Quarterly Cash from Operations has moved between $1.81 billion (Q2 2024) and $15.77 billion (Q1 2022) over five years.
- Compared with a year earlier, Cash from Operations was higher in four of the last eight quarters, with growth averaging 31.9%.
- The best year-over-year quarter for Cash from Operations over five years was Q2 2026 (growth of 282.3%); the worst was Q1 2026 (a decline of 42.3%).
- Per Business Quant data, EQNR's Cash from Operations in the three quarters before Q3 2026 was $9.47 billion (Q2 2026), $5.21 billion (Q1 2026) and $2.11 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 778.70 Bn | 735.18 Bn | - | 23.56 Bn |
| 2 | Chevron | 463.53 Bn | 435.65 Bn | 33.45 Bn | 22.63 Bn |
| 3 | Shell | 319.91 Bn | 180.18 Bn | - | 21.04 Bn |
| 4 | TotalEnergies SE | 208.53 Bn | 79.61 Bn | 31,614.00 | 15.39 Bn |
| 5 | Conocophillips | 186.24 Bn | 158.95 Bn | 12.81 Bn | 7.43 Bn |
| 6 | Equinor Asa | 126.38 Bn | 39.23 Bn | - | 7.55 Bn |
| 7 | Canadian Natural Resources | 117.34 Bn | 114.35 Bn | 8.84 Bn | 4.93 Bn |
| 8 | Phillips 66 | 112.01 Bn | 95.80 Bn | 10.69 Bn | 7.28 Bn |
| 9 | Suncor Energy | 96.49 Bn | 82.24 Bn | - | 5.66 Bn |
| 10 | Eni Spa | 91.70 Bn | 31.33 Bn | - | 5.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.55 Bn |
| Jun 30, 2026 | 9.47 Bn |
| Mar 31, 2026 | 5.21 Bn |
| Dec 31, 2025 | 2.11 Bn |
| Sep 30, 2025 | 6.35 Bn |
| Jun 30, 2025 | 2.48 Bn |
| Mar 31, 2025 | 9.04 Bn |
| Dec 31, 2024 | 2.02 Bn |
| Sep 30, 2024 | 6.50 Bn |
| Jun 30, 2024 | 1.81 Bn |
| Mar 31, 2024 | 9.14 Bn |
| Dec 31, 2023 | 3.43 Bn |
| Jun 30, 2022 | 8.52 Bn |
| Mar 31, 2022 | 15.77 Bn |
| Jun 30, 2021 | 6.64 Bn |
| Mar 31, 2021 | 5.98 Bn |
| Dec 31, 2020 | 2.34 Bn |
| Jun 30, 2020 | 368.00 Mn |
| Mar 31, 2020 | 5.04 Bn |
| Dec 31, 2019 | 1.77 Bn |
API Access
Equinor Asa Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=EQNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "EQNR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=EQNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();