Shell (SHEL) Cost of Revenue (2009 - 2026)

Shell (SHEL) has 18 years of Cost of Revenue data on file, last reported at $64.5 billion in Q2 2026.

• Quarterly Cost of Revenue rose 46.33% year-over-year to $64.5 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $115.0 billion (down 2.65% YoY) and the FY2025 annual result came in at $177.2 billion, down 5.81% from the prior year.
• Cost of Revenue advanced to $64.5 billion in Q2 2026, from $44.8 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $66.7 billion in Q2 2022 to a low of $647.0 million in Q1 2023.
• A 5-year average of $24.6 billion and a median of $16.1 billion in 2022 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2024 — Cost of Revenue soared 4543.12% — and 2025, when it slumped 90.19%.
• Tracing SHEL's Cost of Revenue over 5 years: stood at $4.7 billion in 2022, then slumped by 76.94% to $1.1 billion in 2023, then surged by 2427.46% to $27.5 billion in 2024, then tumbled by 90.19% to $2.7 billion in 2025, then jumped by 2290.0% to $64.5 billion in 2026.
• The last three Cost of Revenue figures came in at $64.5 billion (Q2 2026), $44.8 billion (Q1 2026), and $2.7 billion (Q4 2025), per Business Quant data.