Shell (SHEL) Capital Expenditures (2009 - 2026)

Shell (SHEL) has reported Capital Expenditures for 18 consecutive years, with -$4.2 billion the latest figure, recorded in Q1 2026.

• Capital Expenditures for Q1 2026 came in at -$4.2 billion, down 106.87% year-over-year; the trailing twelve-month figure through Mar 2026 was -$20.9 billion (down 117.9% YoY), and the FY2025 annual result was $18.9 billion, down 3.34% from the prior year.
• Capital Expenditures was -$4.2 billion for Q1 2026 at Shell, up from -$6.0 billion in the prior quarter.
• Over five years, Capital Expenditures peaked at $76.9 billion in Q2 2022 and troughed at -$7.1 billion in Q4 2023.
• Average Capital Expenditures over 5 years is $16.8 billion, with a median of -$5.0 billion recorded in 2024.
• Year-over-year, Capital Expenditures jumped 1963.27% in 2022 and plunged 108.6% in 2025.
• Over 5 years, Capital Expenditures stood at -$6.4 billion in 2022, then declined by 10.85% to -$7.1 billion in 2023, then advanced by 2.66% to -$6.9 billion in 2024, then gained by 13.13% to -$6.0 billion in 2025, then surged by 30.14% to -$4.2 billion in 2026.
• Per Business Quant data, the three most recent Capital Expenditures figures were -$4.2 billion in Q1 2026, -$6.0 billion in Q4 2025, and -$4.9 billion in Q3 2025.