Shell (SHEL) Change in Inventory (2010 - 2026)

Shell (SHEL) has reported Change in Inventory for 10 consecutive years, with -$6.7 billion the latest figure, recorded in Q1 2026.

• Change in Inventory for Q1 2026 came in at -$6.7 billion, down 882.9% year-over-year; the trailing twelve-month figure through Mar 2026 was -$5.6 billion (down 305.52% YoY), and the FY2025 annual result was $1.9 billion, up 50.51% from the prior year.
• Change in Inventory was -$6.7 billion for Q1 2026 at Shell, down from $738.0 million in the prior quarter.
• Over five years, Change in Inventory peaked at $4.2 billion in Q1 2023 and troughed at -$6.8 billion in Q2 2022.
• Average Change in Inventory over 5 years is -$325.4 million, with a median of $352.0 million recorded in 2025.
• Year-over-year, Change in Inventory surged 463.36% in 2025 and tumbled 882.9% in 2026.
• Over 5 years, Change in Inventory stood at $2.9 billion in 2022, then surged by 40.87% to $4.1 billion in 2023, then plunged by 96.8% to $131.0 million in 2024, then soared by 463.36% to $738.0 million in 2025, then sank by 1005.96% to -$6.7 billion in 2026.
• Per Business Quant data, the three most recent Change in Inventory figures were -$6.7 billion in Q1 2026, $738.0 million in Q4 2025, and $352.0 million in Q3 2025.