Equinor Asa EQNR
NYSE EQNR
$41.39 -0.17 (-0.41%)
At close: Aug 28, 2026 · 4:00 PM EDT

Equinor Asa (EQNR) Free Cash Flow (2009 - 2026)

Equinor Asa's (EQNR) quarterly Free Cash Flow came in at $12.3 billion in Q2 2026, up 1435.71% YoY from $803.7 million in Q2 2025, and up 48.18% on a QoQ basis from $8.3 billion in Q1 2026.

Analysis

Equinor Asa (EQNR) Free Cash Flow (2009 - 2026) Analysis & Trends

Equinor Asa (EQNR) has 18 years of Free Cash Flow data on file, last reported at $12.3 billion in Q2 2026.

  • Quarterly Free Cash Flow rose 1435.71% year-over-year to $12.3 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $29.8 billion (up 13.05% YoY) and the FY2025 annual result came in at $6.0 billion, down 17.99% from the prior year.
  • Free Cash Flow advanced to $12.3 billion in Q2 2026, from $8.3 billion in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $18.0 billion in Q1 2022 to a low of -$924.0 million in Q2 2025.
  • A 5-year average of $7.4 billion and a median of $6.7 billion in 2024 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2025 — Free Cash Flow sank 119.41% — and 2026, when it jumped 1435.71%.
  • Tracing EQNR's Free Cash Flow over 5 years: stood at $10.2 billion in 2022, then sank by 96.06% to $403.0 million in 2023, then surged by 1306.45% to $5.7 billion in 2024, then gained by 10.32% to $6.3 billion in 2025, then jumped by 97.38% to $12.3 billion in 2026.
  • The last three Free Cash Flow figures came in at $12.3 billion (Q2 2026), $8.3 billion (Q1 2026), and $6.3 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Shell 517.27 Bn 477.40 Bn - 11.44 Bn
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn 18.10 Bn
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn 4.23 Bn
4 Eni Spa 166.18 Bn 156.34 Bn - 4.96 Bn
5 Equinor Asa 103.49 Bn 94.23 Bn - 6.60 Bn
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn 5.06 Bn
7 Imperial Oil 63.17 Bn 61.11 Bn - 1.57 Bn
8 Cenovus Energy 59.48 Bn 57.00 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 3.50 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.60 Bn
Jun 30, 2026 6.60 Bn
Mar 31, 2026 2.10 Bn
Mar 31, 2026 2.10 Bn
Dec 31, 2025 -2.04 Bn
Dec 31, 2025 -2.04 Bn
Sep 30, 2025 2.93 Bn
Sep 30, 2025 2.93 Bn
Jun 30, 2025 -924.00 Mn
Jun 30, 2025 -924.00 Mn
Mar 31, 2025 6.01 Bn
Mar 31, 2025 6.01 Bn
Dec 31, 2024 -1.62 Bn
Dec 31, 2024 -1.62 Bn
Sep 30, 2024 3.40 Bn
Sep 30, 2024 3.40 Bn
Jun 30, 2024 -1.14 Bn
Jun 30, 2024 -1.14 Bn
Mar 31, 2024 6.66 Bn
Mar 31, 2024 6.66 Bn