Equinor Asa (EQNR) Change in Working Capital (2009 - 2026)
Equinor Asa (EQNR) reported Change in Working Capital of -$1.3 billion for Q1 2026, down 222.06% on a YoY basis from $1.1 billion in Q1 2025, and down 2041.67% quarter-over-quarter from -$60.0 million in Q4 2025.
Equinor Asa (EQNR) Change in Working Capital (2009 - 2026) Analysis & Trends
Equinor Asa has reported Change in Working Capital for 17 years, with the latest figure at -$1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Change in Working Capital fell 222.06% year-over-year to -$1.3 billion; the trailing twelve-month figure through Mar 2026 stood at -$944.0 million (up 49.03% YoY), and the FY2025 full-year result was -$2.0 billion, up 14.69% from the prior year.
- Change in Working Capital for Q1 2026 stood at -$1.3 billion, down from -$60.0 million in the prior quarter.
- The five-year high for Change in Working Capital was $938.0 million in Q3 2025, with the low at -$1.3 billion in Q1 2026.
- Historically, Change in Working Capital has averaged -$445.3 million across 4 years, with a median of -$537.0 million in 2025.
- Annual changes were most pronounced in 2022 — Change in Working Capital sank 15100.0% — and 2025, when it soared 252.52%.
- Equinor Asa's Change in Working Capital stood at -$920.0 million in 2022, then soared by 89.02% to -$101.0 million in 2024, then soared by 40.59% to -$60.0 million in 2025, then tumbled by 2041.67% to -$1.3 billion in 2026.
- The last three Change in Working Capital figures came in at -$1.3 billion (Q1 2026), -$60.0 million (Q4 2025), and $938.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | - |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 1.76 Bn |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 164.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | - |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | -833.48 Mn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | -1.49 Bn |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | - |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 43.75 Mn |
| 10 | Equinor Asa | 1.07 Mn | -7.09 Bn | - | -1.29 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.29 Bn |
| Mar 31, 2026 | -1.29 Bn |
| Dec 31, 2025 | -60.00 Mn |
| Dec 31, 2025 | -60.00 Mn |
| Sep 30, 2025 | 938.00 Mn |
| Sep 30, 2025 | 938.00 Mn |
| Jun 30, 2025 | -537.00 Mn |
| Jun 30, 2025 | -537.00 Mn |
| Mar 31, 2025 | -399.00 Mn |
| Mar 31, 2025 | -399.00 Mn |
| Dec 31, 2024 | -101.00 Mn |
| Dec 31, 2024 | -101.00 Mn |
| Sep 30, 2024 | -615.00 Mn |
| Sep 30, 2024 | -615.00 Mn |
| Jun 30, 2024 | -737.00 Mn |
| Jun 30, 2024 | -737.00 Mn |
| Mar 31, 2024 | -882.00 Mn |
| Mar 31, 2024 | -882.00 Mn |
| Jun 30, 2022 | -920.00 Mn |
| Jun 30, 2022 | -920.00 Mn |