Shell (SHEL) Interest Expenses (2009 - 2026)

Shell has reported Interest Expenses for 18 years, with the latest figure at $1.1 billion in Q1 2026.

• For the quarter ending Q1 2026, Interest Expenses rose 73.27% year-over-year to $1.1 billion; the trailing twelve-month figure through Mar 2026 stood at $3.2 billion (up 28.54% YoY), and the FY2025 full-year result was $2.7 billion, down 43.3% from the prior year.
• Interest Expenses for Q1 2026 stood at $1.1 billion, up from $741.0 million in the prior quarter.
• The five-year high for Interest Expenses was $1.2 billion in Q2 2023, with the low at $389.0 million in Q3 2022.
• Historically, Interest Expenses has averaged $674.6 million across 5 years, with a median of $619.0 million in 2024.
• Annual changes were most pronounced in 2023 — Interest Expenses soared 74.24% — and 2024, when it tumbled 48.89%.
• Shell's Interest Expenses stood at $596.0 million in 2022, then fell by 4.19% to $571.0 million in 2023, then advanced by 16.46% to $665.0 million in 2024, then increased by 11.43% to $741.0 million in 2025, then soared by 48.72% to $1.1 billion in 2026.
• The last three Interest Expenses figures came in at $1.1 billion (Q1 2026), $741.0 million (Q4 2025), and $822.0 million (Q3 2025), per Business Quant data.