Equinor Asa (EQNR) Operating Income (2009 - 2026)
Equinor Asa's (EQNR) quarterly Operating Income came in at $13.0 billion in Q2 2026, up 127.11% YoY from $5.7 billion in Q2 2025, and up 47.92% on a QoQ basis from $8.8 billion in Q1 2026.
Analysis
Equinor Asa (EQNR) Operating Income (2009 - 2026) Analysis & Trends
Equinor Asa (EQNR) has 18 years of Operating Income data on file, last reported at $13.0 billion in Q2 2026.
- Quarterly Operating Income rose 127.11% year-over-year to $13.0 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $32.5 billion (up 7.6% YoY) and the FY2025 annual result came in at $25.4 billion, down 18.03% from the prior year.
- Operating Income improved to $13.0 billion in Q2 2026, from $8.8 billion in the prior quarter.
- In the past five years, Operating Income ranged from a high of $18.4 billion in Q1 2022 to a low of $5.3 billion in Q3 2025.
- A 5-year average of $9.4 billion and a median of $8.6 billion in 2023 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income soared 252.34% — and 2025, when it sank 37.18%.
- Tracing EQNR's Operating Income over 5 years: stood at $17.7 billion in 2022, then slumped by 51.74% to $8.6 billion in 2023, then gained by 2.07% to $8.7 billion in 2024, then slumped by 37.18% to $5.5 billion in 2025, then soared by 136.8% to $13.0 billion in 2026.
- The last three Operating Income figures came in at $13.0 billion (Q2 2026), $8.8 billion (Q1 2026), and $5.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 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 | -22.98 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 1.37 Bn |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 12.99 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 | - | - |
| 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 | 12.99 Bn |
| Mar 31, 2026 | 8.78 Bn |
| Dec 31, 2025 | 5.49 Bn |
| Sep 30, 2025 | 5.27 Bn |
| Jun 30, 2025 | 5.72 Bn |
| Mar 31, 2025 | 8.87 Bn |
| Dec 31, 2024 | 8.74 Bn |
| Sep 30, 2024 | 6.91 Bn |
| Jun 30, 2024 | 7.66 Bn |
| Mar 31, 2024 | 7.63 Bn |
| Dec 31, 2023 | 8.75 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 |