Shell (SHEL) Operating Income (2009 - 2026)
Shell (SHEL) posted Operating Income of $26.95 billion for Q2 2026, up 107.2% from $13.01 billion a year earlier and up 66.2% from the prior quarter.
Shell (SHEL) Operating Income (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Income at Shell was $70.98 billion; for FY2025, it was -$210.84 billion.
- In prior years, Shell's Operating Income was -$162.92 billion in FY2024, -$186.82 billion in FY2023, -$198.56 billion in FY2022 and -$156.24 billion in FY2021.
- The Q2 2026 figure stands as the highest quarterly Operating Income in data going back to Q1 2009.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | - |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 83.46 Bn |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | -19.92 Bn |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 15.33 Bn |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | 1.37 Bn |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 10.38 Bn |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | -38.69 Bn |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | 12.99 Bn |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | 15.29 Bn |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - | 652.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.46 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 | -1.06 Bn |
| Dec 31, 2022 | -654.00 Mn |
| Jun 30, 2022 | 23.85 Bn |
| Mar 31, 2022 | -736.00 Mn |
| Dec 31, 2021 | -859.00 Mn |
| Jun 30, 2021 | -36.84 Bn |
| Mar 31, 2021 | -531.00 Mn |
| Dec 31, 2020 | -1.78 Bn |
| Jun 30, 2020 | -41.99 Bn |
| Mar 31, 2020 | 2.21 Bn |
| Jun 30, 2019 | -64.97 Bn |
| Mar 31, 2019 | -52.44 Bn |
Shell Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=SHEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "SHEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();