Shell (SHEL) Operating Income (2009 - 2026)
Shell (SHEL) posted Operating Income of $21.43 billion for Q2 2026, up 64.8% from $13.01 billion a year earlier and up 32.2% 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 $65.44 billion; for FY2025, it was -$35.68 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 | 686.62 Bn | 644.76 Bn | - | - |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 13.93 Bn |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | - |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | -5.11 Bn |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 2.14 Bn |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 10.38 Bn |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 11.96 Bn |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 8.76 Bn |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 7.35 Bn |
| 10 | Suncor Energy | 83.77 Bn | 64.46 Bn | - | 4.35 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.43 Bn |
| Mar 31, 2026 | 16.22 Bn |
| Jun 30, 2025 | 13.01 Bn |
| Mar 31, 2025 | 14.79 Bn |
| Jun 30, 2024 | -42.61 Bn |
| Mar 31, 2024 | -38.05 Bn |
| Jun 30, 2023 | -47.59 Bn |
| Mar 31, 2023 | -1.06 Bn |
| Dec 31, 2022 | -654.00 Mn |
| Jun 30, 2022 | -43.52 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 |
| Jun 30, 2020 | -22.82 Bn |
| Mar 31, 2020 | -4.08 Bn |
| Dec 31, 2019 | 13.05 Bn |
| Sep 30, 2019 | 14.04 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();