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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | - |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | -19.92 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | -22.98 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 1.37 Bn |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 12.99 Bn |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | -9.70 Bn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | - |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 3.24 Bn |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 1.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 58.49 Bn |
| Jun 30, 2025 | 54.61 Bn |
| Mar 31, 2025 | 58.26 Bn |
| Dec 31, 2024 | 29.36 Bn |
| Jun 30, 2024 | 62.76 Bn |
| Mar 31, 2024 | -21.22 Bn |
| Jun 30, 2023 | 1.86 Bn |
| Mar 31, 2023 | 75.56 Bn |
| Sep 30, 2022 | 467,803.55 Bn |
| Mar 31, 2022 | 11.08 Bn |
| Jun 30, 2021 | 1.69 Bn |
| Mar 31, 2021 | 3.99 Bn |
| Dec 31, 2019 | 166.80 Bn |
| Mar 31, 2019 | 6.03 Bn |
| Mar 31, 2015 | 4.88 Bn |
| Mar 31, 2014 | 4.50 Bn |
| Dec 31, 2012 | 28.35 Bn |
| Sep 30, 2011 | 7.30 Bn |
| Jun 30, 2011 | 8.09 Bn |
| Dec 31, 2010 | 9.61 Bn |