Shell (SHEL) Net Income (2009 - 2026)
Shell (SHEL) posted Net Income of $10.81 billion for Q2 2026, up 196.5% from $3.64 billion a year earlier and up 87.7% from the prior quarter.
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Analysis
Shell (SHEL) Net Income (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Income at Shell was $26.16 billion, up 87.5% year-over-year; for FY2025, it came in at $9.44 billion, down 42.8% from FY2024.
- Annual Net Income has declined for three consecutive years.
- In prior years, Shell's Net Income was $16.52 billion in FY2024 (-15.9%), $19.64 billion in FY2023 (-54.2%), $42.87 billion in FY2022 (+107.8%) and $20.63 billion in FY2021.
- The Q2 2026 figure stands as the highest quarterly Net Income since Q4 2021.
- On a year-over-year basis, Net Income has increased in each of the last four quarters, with growth averaging 70.0% over the last eight quarters.
- The strongest year-over-year quarter for Net Income in the past five years was Q4 2025, with growth of 301.5%; the weakest was Q4 2023, with a decline of 94.9%.
- According to Business Quant data, Net Income for the three prior quarters was $5.76 billion (Q1 2026), $4.18 billion (Q4 2025) and $5.42 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 779.83 Bn | 736.31 Bn | - | 14.88 Bn |
| 2 | Chevron | 463.69 Bn | 435.81 Bn | 33.45 Bn | 12.21 Bn |
| 3 | Shell | 319.66 Bn | 179.93 Bn | - | -1.90 Bn |
| 4 | TotalEnergies SE | 208.05 Bn | 79.13 Bn | 31,614.00 | 8.36 Bn |
| 5 | Conocophillips | 186.47 Bn | 159.17 Bn | 12.81 Bn | 3.93 Bn |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - | 2.55 Bn |
| 7 | Canadian Natural Resources | 117.10 Bn | 114.11 Bn | 8.84 Bn | 3.26 Bn |
| 8 | Phillips 66 | 111.73 Bn | 95.51 Bn | 10.69 Bn | 5.64 Bn |
| 9 | Suncor Energy | 96.42 Bn | 82.16 Bn | - | 3.73 Bn |
| 10 | Eni Spa | 91.57 Bn | 31.21 Bn | - | 4.02 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -1.90 Bn |
| Jun 30, 2026 | 10.81 Bn |
| Mar 31, 2026 | 5.76 Bn |
| Dec 31, 2025 | 2.08 Bn |
| Sep 30, 2025 | -759.00 Mn |
| Jun 30, 2025 | 3.64 Bn |
| Mar 31, 2025 | 4.88 Bn |
| Dec 31, 2024 | 1.74 Bn |
| Sep 30, 2024 | -1.26 Bn |
| Jun 30, 2024 | 3.65 Bn |
| Mar 31, 2024 | 7.44 Bn |
| Dec 31, 2023 | -6.79 Bn |
| Sep 30, 2023 | 11.29 Bn |
| Jun 30, 2023 | 3.15 Bn |
| Mar 31, 2023 | 8.77 Bn |
| Dec 31, 2022 | -10.10 Bn |
| Sep 30, 2022 | 55.00 Mn |
| Jun 30, 2022 | 18.24 Bn |
| Mar 31, 2022 | 7.32 Bn |
| Dec 31, 2021 | 16.27 Bn |
API Access
Shell Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=SHEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "SHEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();