Shell (RYDAF) Operating Expenses (2009 - 2026)
Shell's (RYDAF) quarterly Operating Expenses came in at $3.0 billion in Q2 2026, down 63.6% YoY from $8.3 billion in Q2 2025, and down 65.28% on a QoQ basis from $8.7 billion in Q1 2026.
Analysis
Shell (RYDAF) Operating Expenses (2009 - 2026) Analysis & Trends
Shell (RYDAF) has 18 years of Operating Expenses data on file, last reported at $3.0 billion in Q2 2026.
- Quarterly Operating Expenses fell 63.6% year-over-year to $3.0 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $30.6 billion (down 14.7% YoY) and the FY2025 annual result came in at $13.8 billion, down 94.68% from the prior year.
- Operating Expenses retreated to $3.0 billion in Q2 2026, from $8.7 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $76.9 billion in Q2 2022 to a low of $3.0 billion in Q2 2026.
- A 5-year average of $22.8 billion and a median of $9.6 billion in 2024 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 583.62% in 2024, down 87.26% in 2024.
- Tracing RYDAF's Operating Expenses over 5 years: stood at $11.1 billion in 2022, then dropped by 1.95% to $10.9 billion in 2023, then slipped by 13.74% to $9.4 billion in 2024, then climbed by 2.13% to $9.6 billion in 2025, then sank by 68.53% to $3.0 billion in 2026.
- The last three Operating Expenses figures came in at $3.0 billion (Q2 2026), $8.7 billion (Q1 2026), and $9.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 418.07 Bn | 409.54 Bn | 33.45 Bn | 53.37 Bn |
| 2 | Shell | 264.58 Bn | 224.71 Bn | - | 3.02 Bn |
| 3 | TotalEnergies SE | 197.43 Bn | 165.72 Bn | 23.46 Bn | 46.44 Bn |
| 4 | Eni Spa | 166.91 Bn | 151.33 Bn | - | - |
| 5 | Equinor Asa | 111.17 Bn | 101.85 Bn | - | -22.18 Bn |
| 6 | Suncor Energy | 83.88 Bn | 80.00 Bn | 12.65 Bn | 1.26 Bn |
| 7 | Imperial Oil | 64.29 Bn | 62.23 Bn | - | 9.54 Bn |
| 8 | Cenovus Energy | 59.57 Bn | 57.08 Bn | - | 1.01 Bn |
| 9 | Gas Transporter Of The South | 21.88 Bn | -3,019.17 Bn | - | 156.14 Bn |
| 10 | Ypf Sociedad Anonima | 20.57 Bn | 18.10 Bn | 2.97 Bn | 447.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.02 Bn |
| Mar 31, 2026 | 8.70 Bn |
| Dec 31, 2025 | 9.56 Bn |
| Sep 30, 2025 | 9.30 Bn |
| Jun 30, 2025 | 8.30 Bn |
| Mar 31, 2025 | 8.58 Bn |
| Dec 31, 2024 | 9.40 Bn |
| Sep 30, 2024 | 9.60 Bn |
| Jun 30, 2024 | 9.00 Bn |
| Mar 31, 2024 | 63.66 Bn |
| Dec 31, 2023 | 10.90 Bn |
| Sep 30, 2023 | 10.10 Bn |
| Jun 30, 2023 | 70.67 Bn |
| Mar 31, 2023 | 9.31 Bn |
| Dec 31, 2022 | 11.11 Bn |
| Sep 30, 2022 | 28.42 Bn |
| Jun 30, 2022 | 76.92 Bn |
| Mar 31, 2022 | 72.39 Bn |
| Jun 30, 2021 | 57.63 Bn |
| Mar 31, 2021 | 50.88 Bn |