Shell (SHEL) EBITDA (2009 - 2026)

Shell (SHEL) has reported EBITDA for 18 consecutive years, with -$621.0 million the latest figure, recorded in Q1 2026.

• EBITDA for Q1 2026 came in at -$621.0 million, down 131.41% year-over-year; the trailing twelve-month figure through Mar 2026 was -$938.0 million (down 155.57% YoY), and the FY2025 annual result was $1.7 billion, up 195.68% from the prior year.
• EBITDA was -$621.0 million for Q1 2026 at Shell, down from $423.0 million in the prior quarter.
• Over five years, EBITDA peaked at $4.3 billion in Q2 2025 and troughed at -$5.0 billion in Q3 2025.
• Average EBITDA over 5 years is $78.8 million, with a median of $269.0 million recorded in 2023.
• Year-over-year, EBITDA surged 2482.35% in 2023 and slumped 637.17% in 2024.
• Over 5 years, EBITDA stood at -$51.0 million in 2022, then soared by 2482.35% to $1.2 billion in 2023, then slumped by 477.94% to -$4.6 billion in 2024, then jumped by 109.21% to $423.0 million in 2025, then plunged by 246.81% to -$621.0 million in 2026.
• Per Business Quant data, the three most recent EBITDA figures were -$621.0 million in Q1 2026, $423.0 million in Q4 2025, and -$5.0 billion in Q3 2025.