Shell RYDAF
NYSE RYDAF
$45.15 -1.60 (-3.42%)
At close: Sep 23, 2026 · 4:00 PM EDT

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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