Equinor Asa (EQNR) Change in Working Capital (2009 - 2026)

Equinor Asa's (EQNR) quarterly Change in Working Capital came in at $1.8 billion in Q2 2026, up 232.04% YoY from $540.0 million in Q2 2025, and up 322.46% on a QoQ basis from -$806.0 million in Q1 2026.

Equinor Asa (EQNR) Change in Working Capital (2009 - 2026) Analysis & Trends

Equinor Asa (EQNR) has 18 years of Change in Working Capital data on file, last reported at $1.8 billion in Q2 2026.

  • Quarterly Change in Working Capital rose 232.04% year-over-year to $1.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $792.0 million (down 47.58% YoY) and the FY2025 annual result came in at -$2.0 billion, up 14.69% from the prior year.
  • Change in Working Capital climbed to $1.8 billion in Q2 2026, from -$806.0 million in the prior quarter.
  • In the past five years, Change in Working Capital ranged from a high of $3.2 billion in Q1 2024 to a low of -$1.5 billion in Q4 2024.
  • A 5-year average of $302.1 million and a median of -$51.0 million in 2023 frame the typical range for Change in Working Capital.
  • Annual changes were most pronounced in 2024 — Change in Working Capital sank 2813.73% — and 2025, when it soared 288.81%.
  • Tracing EQNR's Change in Working Capital over 5 years: stood at -$920.0 million in 2022, then jumped by 94.46% to -$51.0 million in 2023, then slumped by 2813.73% to -$1.5 billion in 2024, then climbed by 18.78% to -$1.2 billion in 2025, then soared by 248.55% to $1.8 billion in 2026.
  • The last three Change in Working Capital figures came in at $1.8 billion (Q2 2026), -$806.0 million (Q1 2026), and -$1.2 billion (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn -1.87 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 1.76 Bn
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn -
4 Eni Spa 205.81 Bn 195.97 Bn - 3.51 Mn
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn -
6 Equinor Asa 98.30 Bn 89.04 Bn - 1.79 Bn
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 43.75 Mn
8 Imperial Oil 61.22 Bn 60.47 Bn - -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn -1.66 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn 24.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.79 Bn
Jun 30, 2026 1.79 Bn
Mar 31, 2026 -806.00 Mn
Mar 31, 2026 -806.00 Mn
Dec 31, 2025 -1.21 Bn
Dec 31, 2025 -1.21 Bn
Sep 30, 2025 1.01 Bn
Sep 30, 2025 1.01 Bn
Jun 30, 2025 540.00 Mn
Jun 30, 2025 540.00 Mn
Mar 31, 2025 1.65 Bn
Mar 31, 2025 1.65 Bn
Dec 31, 2024 -1.49 Bn
Dec 31, 2024 -1.49 Bn
Sep 30, 2024 810.00 Mn
Sep 30, 2024 810.00 Mn
Jun 30, 2024 -286.00 Mn
Jun 30, 2024 -286.00 Mn
Mar 31, 2024 3.18 Bn
Mar 31, 2024 3.18 Bn