Shell (SHEL) Net Income (2009 - 2026)
Shell (SHEL) posted Net Income of -$1.9 billion for Q3 2026, compared with -$759 million a year earlier.
Powered by 
Analysis
Shell (SHEL) Net Income (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Income at Shell was $16.75 billion, up 76.2% year-over-year; for FY2025, it came in at $18.12 billion, up 9.7% from FY2024.
- 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 Q3 2026 figure stands as the lowest quarterly Net Income since Q4 2023.
- On a year-over-year basis, Net Income increased in three of the last five quarters, with growth averaging 39.8%.
- The strongest year-over-year quarter for Net Income in the past five years was Q2 2026, with growth of 196.5%; the weakest was Q1 2025, with a decline of 34.5%.
- According to Business Quant data, Net Income for the three prior quarters was $10.81 billion (Q2 2026), $5.76 billion (Q1 2026) and $2.08 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 16.02 Bn |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 10.05 Bn |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | -1.90 Bn |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | 8.36 Bn |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 4.02 Bn |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 3.93 Bn |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 2.55 Bn |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 2.14 Bn |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 5.64 Bn |
| 10 | Suncor Energy | 83.77 Bn | 64.46 Bn | - | 3.81 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 | 4.89 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();