Shell (SHEL) Operating Income (2009 - 2026)

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

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

Shell (SHEL) has 18 years of Operating Income data on file, last reported at $27.1 billion in Q2 2026.

  • Quarterly Operating Income rose 108.45% year-over-year to $27.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $71.1 billion (down 2.83% YoY) and the FY2025 annual result came in at $82.8 billion, up 152.31% from the prior year.
  • Operating Income climbed to $27.1 billion in Q2 2026, from $16.2 billion in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $369.9 billion in Q4 2022 to a low of -$196.0 billion in Q3 2022.
  • A 5-year average of $20.3 billion and a median of $14.8 billion in 2025 frame the typical range for Operating Income.
  • The widest YoY moves for Operating Income: up 23764.26% in 2022, down 7649.58% in 2022.
  • Tracing SHEL's Operating Income over 5 years: stood at $369.9 billion in 2022, then tumbled by 112.86% to -$47.6 billion in 2023, then soared by 161.69% to $29.4 billion in 2024, then plunged by 55.69% to $13.0 billion in 2025, then surged by 108.45% to $27.1 billion in 2026.
  • The last three Operating Income figures came in at $27.1 billion (Q2 2026), $16.2 billion (Q1 2026), and $13.0 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 168.00 Mn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - -
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn -24.32 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - 825.38 Mn
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 27.11 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn - 12.99 Bn
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 5.41 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn - -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 18.69 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn 878.00 Mn

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 14.79 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 77.00 Bn
Dec 31, 2022 369.90 Bn
Sep 30, 2022 -195.99 Bn
Jun 30, 2022 -43.52 Bn
Mar 31, 2022 9.02 Bn
Dec 31, 2021 1.55 Bn
Sep 30, 2021 2.60 Bn
Jun 30, 2021 -36.84 Bn
Mar 31, 2021 3.16 Bn
Dec 31, 2020 -2.56 Bn
Sep 30, 2020 3.08 Bn
Jun 30, 2020 -41.99 Bn