Shell SHEL
NYSE SHEL
$94.54 -1.26 (-1.32%)
At close: Sep 18, 2026 · 4:00 PM EDT

Shell plc (SHEL) Operating Income (2009 - 2026)

Shell's (SHEL) quarterly Operating Income came in at $27.1 billion in Q2 2026, up 108.45% on a YoY basis from $13.0 billion in Q2 2025, and up 67.2% quarter-over-quarter from $16.2 billion in Q1 2026.

Analysis

Shell plc (SHEL) Operating Income (2009 - 2026) Analysis & Trends

Shell (SHEL) has reported Operating Income for 18 consecutive years, with $27.1 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Income rose 108.45% year-over-year to $27.1 billion; the trailing twelve-month figure through Jun 2026 stood at $71.1 billion (down 2.83% YoY), and the FY2025 full-year result was $197.5 billion, up 1760.45% from the prior year.
  • Operating Income grew to $27.1 billion in Q2 2026 per SHEL's latest filing, from $16.2 billion in the prior quarter.
  • Across five years, Operating Income topped out at $75.6 billion in Q1 2023 and bottomed at -$87.4 billion in Q2 2022.
  • Historically, Operating Income has averaged $4.3 billion across 5 years, with a median of $14.8 billion in 2025.
  • The sharpest annual moves came in 2022 and 2023: Operating Income plunged 137.17% in 2022, then surged 582.0% in 2023.
  • Over 5 years, Operating Income stood at -$87.4 billion in 2022, then surged by 45.53% to -$47.6 billion in 2023, then surged by 161.69% to $29.4 billion in 2024, then slumped by 55.69% to $13.0 billion in 2025, then jumped by 108.45% to $27.1 billion in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $27.1 billion, $16.2 billion, and $13.0 billion for Q2 2026, Q1 2026, and Q2 2025 respectively.
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 27.11 Bn
Mar 31, 2026 16.22 Bn
Jun 30, 2025 13.01 Bn
Mar 31, 2025 14.81 Bn
Dec 31, 2024 29.36 Bn
Jun 30, 2024 16.05 Bn
Mar 31, 2024 -21.22 Bn
Jun 30, 2023 -47.59 Bn
Mar 31, 2023 75.56 Bn
Jun 30, 2022 -87.36 Bn
Mar 31, 2022 11.08 Bn
Jun 30, 2021 -36.84 Bn
Mar 31, 2021 3.99 Bn
Jun 30, 2020 -41.99 Bn
Mar 31, 2020 -4.08 Bn
Dec 31, 2019 39.80 Bn
Jun 30, 2019 -64.97 Bn
Mar 31, 2019 -52.44 Bn
Dec 31, 2018 -50.37 Bn
Sep 30, 2018 -74.20 Bn