Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeGross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesInterest ExpensesNet Income - MinorityNet Income towards Common StockholdersOperating ExpensesOperating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)
Others
Accumulated Depreciation & AmortizationAccumulated Depreciation & AmortizationCost of RevenueEBIATGross ProfitLong-Term Debt IssuancesLong-Term Debt RepaymentsNon-Current ReceivablesOther Gross PP&E AdjustmentsOther Gross PP&E AdjustmentsProperty, Plant & Equipment (Gross)Property, Plant & Equipment (Gross)Receivables - NetReceivables - OtherShares OutstandingShares Outstanding
Ratios

Shell (SHEL) Cost of Revenue (2018 - 2025)

Shell filings provide 9 years of Cost of Revenue readings, the most recent being $2.7 billion for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 90.19% to $2.7 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $10.6 billion, a 83.19% decrease, with the full-year FY2025 number at $177.2 billion, down 5.81% from a year prior.
  • Cost of Revenue hit $2.7 billion in Q4 2025 for Shell, down from $3.0 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $30.0 billion in Q1 2024 to a low of $611.0 million in Q4 2021.
  • Median Cost of Revenue over the past 5 years was $2.1 billion (2023), compared with a mean of $4.7 billion.
  • Biggest five-year swings in Cost of Revenue: soared 1338.75% in 2024 and later plummeted 92.01% in 2025.
  • Shell's Cost of Revenue stood at $611.0 million in 2021, then soared by 234.86% to $2.0 billion in 2022, then grew by 23.17% to $2.5 billion in 2023, then skyrocketed by 992.22% to $27.5 billion in 2024, then plummeted by 90.19% to $2.7 billion in 2025.
  • The last three reported values for Cost of Revenue were $2.7 billion (Q4 2025), $3.0 billion (Q3 2025), and $2.5 billion (Q2 2025) per Business Quant data.