Shell (SHEL) Net Income (2009 - 2025)
Shell (SHEL) posted Net Income of -$2.5 billion for Q1 2026, down 137.8% quarter-over-quarter from $6.5 billion in Q4 2025, and down 134.07% year-on-year from $7.2 billion in Q1 2025.
Shell (SHEL) Net Income (2009 - 2025) Analysis & Trends
Shell (SHEL) has reported Net Income for 18 consecutive years, with -$2.5 billion the latest figure, recorded in Q1 2026.
- Net Income for Q1 2026 came in at -$2.5 billion, down 134.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.6 billion (down 60.58% YoY), and the FY2025 annual result was $18.1 billion, up 9.67% from the prior year.
- Net Income was -$2.5 billion for Q1 2026 at Shell, down from $6.5 billion in the prior quarter.
- Over five years, Net Income peaked at $18.2 billion in Q2 2022 and troughed at -$2.5 billion in Q1 2026.
- Average Net Income over 5 years is $7.1 billion, with a median of $6.5 billion recorded in 2025.
- Year-over-year, Net Income plunged 146.92% in 2023 and surged 954.49% in 2024.
- Over 5 years, Net Income stood at $2.3 billion in 2022, then sank by 146.92% to -$1.1 billion in 2023, then soared by 954.49% to $9.0 billion in 2024, then slipped by 27.8% to $6.5 billion in 2025, then sank by 137.8% to -$2.5 billion in 2026.
- Per Business Quant data, the three most recent Net Income figures were -$2.5 billion in Q1 2026, $6.5 billion in Q4 2025, and $3.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | - |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | 12.45 Bn |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 4.21 Bn |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | 36,617.00 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 2.20 Bn |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | - |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 247.67 Mn |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | -160.67 Mn |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | - |
| 10 | Shell | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.69 Bn |
| Sep 30, 2025 | 12.58 Bn |
| Jun 30, 2025 | -4.86 Bn |
| Mar 31, 2025 | 7.24 Bn |
| Dec 31, 2024 | 1.82 Bn |
| Sep 30, 2024 | 4.33 Bn |
| Dec 31, 2023 | 1.90 Bn |
| Sep 30, 2023 | 10.96 Bn |
| Dec 31, 2022 | 200.00 Mn |
| Sep 30, 2022 | 488.00 Mn |
| Jun 30, 2022 | 18.24 Bn |
| Dec 31, 2021 | 16.16 Bn |
| Jun 30, 2021 | 3.56 Bn |
| Mar 31, 2021 | 7.88 Bn |
| Dec 31, 2020 | -4.26 Bn |
| Jun 30, 2020 | 29.71 Bn |
| Mar 31, 2020 | 1.54 Bn |
| Dec 31, 2019 | 2.78 Bn |
| Sep 30, 2019 | 8.43 Bn |
| Jun 30, 2019 | 3.16 Bn |