Equinor Asa (EQNR) Cost of Revenue (2009 - 2025)

Equinor Asa has reported Cost of Revenue for 16 years, with the latest figure at $13.1 billion in Q4 2025.

• For the quarter ending Q4 2025, Cost of Revenue rose 1.52% year-over-year to $13.1 billion; the trailing twelve-month figure through Dec 2025 stood at $52.6 billion (down 1.4% YoY), and the FY2025 full-year result was $55.2 billion, up 10.24% from the prior year.
• Cost of Revenue for Q4 2025 stood at $13.1 billion, down from $13.9 billion in the prior quarter.
• The five-year high for Cost of Revenue was $13.9 billion in Q3 2025, with the low at $7.2 billion in Q1 2021.
• Historically, Cost of Revenue has averaged $12.0 billion across 4 years, with a median of $13.1 billion in 2025.
• The largest YoY upside for Cost of Revenue was 169.05% in 2021 against a maximum downside of 3.11% in 2021.
• Equinor Asa's Cost of Revenue stood at $7.4 billion in 2021, then soared by 87.2% to $13.9 billion in 2022, then dropped by 7.09% to $12.9 billion in 2024, then gained by 1.52% to $13.1 billion in 2025.
• The last three Cost of Revenue figures came in at $13.1 billion (Q4 2025), $13.9 billion (Q3 2025), and $12.7 billion (Q2 2025), per Business Quant data.