Equinor Asa (EQNR) EBITDA (2009 - 2026)
Equinor Asa's (EQNR) quarterly EBITDA came in at $11.5 billion in Q2 2026, up 75.7% YoY from $6.5 billion in Q2 2025, and up 17.52% on a QoQ basis from $9.8 billion in Q1 2026.
Analysis
Equinor Asa (EQNR) EBITDA (2009 - 2026) Analysis & Trends
Equinor Asa (EQNR) has 18 years of EBITDA data on file, last reported at $11.5 billion in Q2 2026.
- Quarterly EBITDA rose 75.7% year-over-year to $11.5 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $33.7 billion (up 12.34% YoY) and the FY2025 annual result came in at $27.6 billion, down 7.41% from the prior year.
- EBITDA rose to $11.5 billion in Q2 2026, from $9.8 billion in the prior quarter.
- In the past five years, EBITDA ranged from a high of $18.4 billion in Q1 2022 to a low of $6.2 billion in Q4 2025.
- A 5-year average of $9.5 billion and a median of $7.9 billion in 2024 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2022 — EBITDA soared 252.34% — and 2025, when it fell 21.53%.
- Tracing EQNR's EBITDA over 5 years: stood at $17.7 billion in 2022, then slumped by 51.74% to $8.6 billion in 2023, then slipped by 7.74% to $7.9 billion in 2024, then fell by 21.53% to $6.2 billion in 2025, then jumped by 85.31% to $11.5 billion in 2026.
- The last three EBITDA figures came in at $11.5 billion (Q2 2026), $9.8 billion (Q1 2026), and $6.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 16.55 Bn |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | -19.92 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 6.60 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 1.37 Bn |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 11.48 Bn |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | -9.70 Bn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 2.08 Bn |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 3.24 Bn |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 1.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.48 Bn |
| Mar 31, 2026 | 9.77 Bn |
| Dec 31, 2025 | 6.20 Bn |
| Sep 30, 2025 | 6.22 Bn |
| Jun 30, 2025 | 6.54 Bn |
| Mar 31, 2025 | 8.65 Bn |
| Dec 31, 2024 | 7.90 Bn |
| Sep 30, 2024 | 6.89 Bn |
| Jun 30, 2024 | 7.48 Bn |
| Mar 31, 2024 | 7.53 Bn |
| Dec 31, 2023 | 8.56 Bn |
| Jun 30, 2022 | 17.73 Bn |
| Mar 31, 2022 | 18.39 Bn |
| Jun 30, 2021 | 5.30 Bn |
| Mar 31, 2021 | 5.22 Bn |
| Dec 31, 2020 | -989.00 Mn |
| Jun 30, 2020 | -472.00 Mn |
| Mar 31, 2020 | 58.00 Mn |
| Dec 31, 2019 | 1.52 Bn |
| Sep 30, 2019 | -469.00 Mn |