Shell (RYDAF) Cost of Revenue (2009 - 2026)
Shell's (RYDAF) quarterly Cost of Revenue came in at $64.5 billion in Q2 2026, up 46.33% on a YoY basis from $44.1 billion in Q2 2025, and up 44.12% quarter-over-quarter from $44.8 billion in Q1 2026.
Shell (RYDAF) Cost of Revenue (2009 - 2026) Analysis & Trends
Shell (RYDAF) has reported Cost of Revenue for 18 consecutive years, with $64.5 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 46.33% year-over-year to $64.5 billion; the trailing twelve-month figure through Jun 2026 stood at $115.0 billion (down 2.65% YoY), and the FY2025 full-year result was $33.7 billion, down 9.16% from the prior year.
- Cost of Revenue rose to $64.5 billion in Q2 2026 per RYDAF's latest filing, from $44.8 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $122.3 billion in Q2 2022 and bottomed at $668.0 million in Q3 2024.
- Historically, Cost of Revenue has averaged $27.7 billion across 5 years, with a median of $16.4 billion in 2022.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue soared 2427.46% in 2024, then tumbled 90.19% in 2025.
- Over 5 years, Cost of Revenue stood at $2.0 billion in 2022, then plunged by 46.77% to $1.1 billion in 2023, then jumped by 2427.46% to $27.5 billion in 2024, then sank by 90.19% to $2.7 billion in 2025, then soared by 2290.0% to $64.5 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $64.5 billion, $44.8 billion, and $2.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 406.10 Bn | 403.25 Bn | 33.45 Bn | 36.61 Bn |
| 2 | Shell | 256.90 Bn | 217.03 Bn | 30.13 Bn | 64.53 Bn |
| 3 | TotalEnergies SE | 202.32 Bn | 173.15 Bn | 23.46 Bn | 38.31 Bn |
| 4 | Eni Spa | 172.63 Bn | 162.79 Bn | - | - |
| 5 | Conocophillips | 153.88 Bn | 146.19 Bn | 12.81 Bn | 6.71 Bn |
| 6 | Equinor Asa | 107.31 Bn | 98.05 Bn | - | - |
| 7 | Phillips 66 | 102.33 Bn | 99.43 Bn | 8.38 Bn | 43.66 Bn |
| 8 | Canadian Natural Resources | 99.17 Bn | 97.27 Bn | 8.84 Bn | 1.81 Bn |
| 9 | Suncor Energy | 81.11 Bn | 75.74 Bn | 17.50 Bn | 1.51 Bn |
| 10 | Eog Resources | 74.44 Bn | 69.53 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.53 Bn |
| Mar 31, 2026 | 44.78 Bn |
| Dec 31, 2025 | 2.70 Bn |
| Sep 30, 2025 | 3.00 Bn |
| Jun 30, 2025 | 44.10 Bn |
| Mar 31, 2025 | 45.85 Bn |
| Dec 31, 2024 | 27.52 Bn |
| Sep 30, 2024 | 668.00 Mn |
| Jun 30, 2024 | 49.42 Bn |
| Mar 31, 2024 | 30.04 Bn |
| Dec 31, 2023 | 1.09 Bn |
| Sep 30, 2023 | 1.30 Bn |
| Jun 30, 2023 | 51.49 Bn |
| Mar 31, 2023 | 2.09 Bn |
| Dec 31, 2022 | 2.05 Bn |
| Sep 30, 2022 | 5.31 Bn |
| Jun 30, 2022 | 122.32 Bn |
| Mar 31, 2022 | 737.00 Mn |
| Dec 31, 2021 | 611.00 Mn |
| Sep 30, 2021 | 1.22 Bn |
Shell Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RYDAF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "RYDAF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=RYDAF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();