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| Date | Value |
|---|---|
| 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 |