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Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeGross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesInterest ExpensesNet Income - MinorityNet Income towards Common StockholdersOperating ExpensesOperating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)
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Shell (SHEL) Operating Expenses (2016 - 2026)

Shell filings provide 18 years of Operating Expenses readings, the most recent being $8.7 billion for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 1.64% to $8.7 billion in Q1 2026 year-over-year; TTM through Mar 2026 was $35.8 billion, a 1.87% decrease, with the full-year FY2025 number at $35.7 billion, down 3.37% from a year prior.
  • Operating Expenses hit $8.7 billion in Q1 2026 for Shell, down from $9.6 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $11.1 billion in Q4 2022 to a low of $81.0 million in Q1 2023.
  • Median Operating Expenses over the past 5 years was $9.1 billion (2024), compared with a mean of $8.0 billion.
  • Biggest five-year swings in Operating Expenses: plummeted 97.19% in 2023 and later skyrocketed 11007.41% in 2024.
  • Shell's Operating Expenses stood at $11.1 billion in 2022, then fell by 1.95% to $10.9 billion in 2023, then fell by 13.73% to $9.4 billion in 2024, then increased by 1.68% to $9.6 billion in 2025, then dropped by 8.82% to $8.7 billion in 2026.
  • The last three reported values for Operating Expenses were $8.7 billion (Q1 2026), $9.6 billion (Q4 2025), and $9.3 billion (Q3 2025) per Business Quant data.