Shell (SHEL) Net Income (2009 - 2026)
Shell's (SHEL) quarterly Net Income came in at $10.8 billion in Q2 2026, up 196.6% YoY from $3.6 billion in Q2 2025, and up 87.65% on a QoQ basis from $5.8 billion in Q1 2026.
Analysis
Shell (SHEL) Net Income (2009 - 2026) Analysis & Trends
Shell (SHEL) has 18 years of Net Income data on file, last reported at $10.8 billion in Q2 2026.
- Quarterly Net Income rose 196.6% year-over-year to $10.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $39.4 billion (up 14.68% YoY) and the FY2025 annual result came in at $18.1 billion, up 9.67% from the prior year.
- Net Income climbed to $10.8 billion in Q2 2026, from $5.8 billion in the prior quarter.
- In the past five years, Net Income ranged from a high of $35.8 billion in Q4 2022 to a low of $3.2 billion in Q2 2023.
- A 5-year average of $11.6 billion and a median of $10.4 billion in 2022 frame the typical range for Net Income.
- Annual changes were most pronounced in 2022 — Net Income surged 1029.21% — and 2023, when it slumped 82.71%.
- Tracing SHEL's Net Income over 5 years: stood at $35.8 billion in 2022, then sank by 44.16% to $20.0 billion in 2023, then fell by 7.74% to $18.4 billion in 2024, then decreased by 18.94% to $14.9 billion in 2025, then dropped by 27.65% to $10.8 billion in 2026.
- The last three Net Income figures came in at $10.8 billion (Q2 2026), $5.8 billion (Q1 2026), and $14.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 10.81 Bn |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 12.20 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | -19.25 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 9.26 Bn |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 21.22 Bn |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 2.65 Bn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 1.58 Bn |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 2.07 Bn |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 2.39 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.81 Bn |
| Mar 31, 2026 | 5.76 Bn |
| Sep 30, 2025 | 7.92 Bn |
| Jun 30, 2025 | 3.64 Bn |
| Mar 31, 2025 | 4.88 Bn |
| Sep 30, 2024 | 4.89 Bn |
| Jun 30, 2024 | 3.75 Bn |
| Mar 31, 2024 | 7.16 Bn |
| Dec 31, 2023 | 12.75 Bn |
| Sep 30, 2023 | 6.15 Bn |
| Jun 30, 2023 | 3.49 Bn |
| Mar 31, 2023 | 9.26 Bn |
| Sep 30, 2022 | 8.26 Bn |
| Jun 30, 2022 | 16.76 Bn |
| Mar 31, 2022 | 5.14 Bn |
| Sep 30, 2021 | -876.00 Mn |
| Jun 30, 2021 | 2.74 Bn |
| Mar 31, 2021 | 4.43 Bn |
| Dec 31, 2020 | -19.71 Bn |
| Sep 30, 2020 | 222.00 Mn |