Shell (SHEL) Operating Expenses (2009 - 2026)

Shell (SHEL) has 18 years of Operating Expenses data on file, last reported at $3.0 billion in Q2 2026.

• Quarterly Operating Expenses fell 63.6% year-over-year to $3.0 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $30.6 billion (down 14.7% YoY) and the FY2025 annual result came in at $13.8 billion, down 94.68% from the prior year.
• Operating Expenses retreated to $3.0 billion in Q2 2026, from $8.7 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $76.9 billion in Q2 2022 to a low of $3.0 billion in Q2 2026.
• A 5-year average of $22.8 billion and a median of $9.6 billion in 2024 frame the typical range for Operating Expenses.
• The widest YoY moves for Operating Expenses: up 583.62% in 2024, down 87.26% in 2024.
• Tracing SHEL's Operating Expenses over 5 years: stood at $11.1 billion in 2022, then dropped by 1.95% to $10.9 billion in 2023, then slipped by 13.74% to $9.4 billion in 2024, then climbed by 2.13% to $9.6 billion in 2025, then sank by 68.53% to $3.0 billion in 2026.
• The last three Operating Expenses figures came in at $3.0 billion (Q2 2026), $8.7 billion (Q1 2026), and $9.6 billion (Q4 2025), per Business Quant data.