Shell (RYDAF) Cost of Revenue (2009 - 2025)

Shell has reported Cost of Revenue for 17 years, with the latest figure at $2.7 billion in Q4 2025.

• For the quarter ending Q4 2025, Cost of Revenue fell 90.19% year-over-year to $2.7 billion; the trailing twelve-month figure through Dec 2025 stood at $54.0 billion (down 49.79% YoY), and the FY2025 full-year result was $177.2 billion, down 5.81% from the prior year.
• Cost of Revenue for Q4 2025 stood at $2.7 billion, down from $3.0 billion in the prior quarter.
• The five-year high for Cost of Revenue was $66.7 billion in Q2 2022, with the low at $481.0 million in Q4 2021.
• Historically, Cost of Revenue has averaged $14.0 billion across 5 years, with a median of $2.2 billion in 2022.
• Annual changes were most pronounced in 2023 — Cost of Revenue plunged 97.88% — and 2024, when it soared 4543.12%.
• Shell's Cost of Revenue stood at $481.0 million in 2021, then soared by 151.56% to $1.2 billion in 2022, then declined by 10.0% to $1.1 billion in 2023, then surged by 2427.46% to $27.5 billion in 2024, then tumbled by 90.19% to $2.7 billion in 2025.
• The last three Cost of Revenue figures came in at $2.7 billion (Q4 2025), $3.0 billion (Q3 2025), and $2.5 billion (Q2 2025), per Business Quant data.