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

Shell (SHEL) has reported Cost of Revenue for 18 consecutive years, with $64.5 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue rose 46.33% year-over-year to $64.5 billion; the trailing twelve-month figure through Jun 2026 stood at $115.0 billion (down 2.65% YoY), and the FY2025 full-year result was $33.7 billion, down 9.16% from the prior year.
• Cost of Revenue rose to $64.5 billion in Q2 2026 per SHEL's latest filing, from $44.8 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $122.3 billion in Q2 2022 and bottomed at $668.0 million in Q3 2024.
• Historically, Cost of Revenue has averaged $27.7 billion across 5 years, with a median of $16.4 billion in 2022.
• The sharpest annual moves came in 2024 and 2025: Cost of Revenue soared 2427.46% in 2024, then tumbled 90.19% in 2025.
• Over 5 years, Cost of Revenue stood at $2.0 billion in 2022, then plunged by 46.77% to $1.1 billion in 2023, then jumped by 2427.46% to $27.5 billion in 2024, then sank by 90.19% to $2.7 billion in 2025, then soared by 2290.0% to $64.5 billion in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $64.5 billion, $44.8 billion, and $2.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.