Shell (SHEL) Revenue (2009 - 2026)
Shell's Revenue came in at $94.66 billion for Q2 2026, up 44.7% from $65.41 billion a year earlier and up 35.8% from the prior quarter.
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Analysis
Shell (SHEL) Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Shell reported Revenue of $299 billion, up 6.2% year-over-year; for FY2025, it was $2.03 billion, down 99.3% from FY2024.
- Revenue has declined in each of the last three years, with a five-year compound annual growth rate of -59.3% (FY2020 to FY2025).
- Going back by year, Revenue was $284.31 billion in FY2024 (-10.2%), $316.62 billion in FY2023 (-17.0%), $381.31 billion in FY2022 (+45.8%) and $261.5 billion in FY2021 (+44.8%).
- The Q2 2026 figure represents the highest quarterly Revenue since Q4 2018.
- Year-over-year, Revenue increased in two of the last four quarters, with growth averaging 7.2%.
- The fastest year-over-year change in Revenue over five years came in Q1 2022 (growth of 51.3%), and the weakest in Q1 2024 (a decline of 16.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 774.01 Bn | 730.49 Bn | - | 116.02 Bn |
| 2 | Chevron | 463.53 Bn | 435.65 Bn | 33.45 Bn | 70.06 Bn |
| 3 | Shell | 320.08 Bn | 180.34 Bn | - | -158.00 Mn |
| 4 | TotalEnergies SE | 209.10 Bn | 80.18 Bn | 31,614.00 | 66,819.00 |
| 5 | Conocophillips | 185.23 Bn | 157.94 Bn | 12.81 Bn | 19.52 Bn |
| 6 | Equinor Asa | 125.97 Bn | 38.82 Bn | - | 33.19 Bn |
| 7 | Canadian Natural Resources | 116.60 Bn | 113.61 Bn | 8.84 Bn | 10.66 Bn |
| 8 | Phillips 66 | 110.67 Bn | 94.46 Bn | 10.69 Bn | 51.51 Bn |
| 9 | Suncor Energy | 95.94 Bn | 81.68 Bn | - | 19.01 Bn |
| 10 | Eni Spa | 92.15 Bn | 31.78 Bn | - | 29.95 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -158.00 Mn |
| Jun 30, 2026 | 94.66 Bn |
| Mar 31, 2026 | 69.69 Bn |
| Dec 31, 2025 | 3.27 Bn |
| Sep 30, 2025 | 1.45 Bn |
| Jun 30, 2025 | 65.41 Bn |
| Mar 31, 2025 | 69.23 Bn |
| Dec 31, 2024 | 66.28 Bn |
| Sep 30, 2024 | -533.00 Mn |
| Jun 30, 2024 | 74.46 Bn |
| Mar 31, 2024 | 72.48 Bn |
| Dec 31, 2023 | 24.00 Mn |
| Sep 30, 2023 | -326.00 Mn |
| Jun 30, 2023 | 74.58 Bn |
| Mar 31, 2023 | 86.96 Bn |
| Dec 31, 2022 | -1.11 Bn |
| Sep 30, 2022 | -2.12 Bn |
| Jun 30, 2022 | 100.06 Bn |
| Mar 31, 2022 | 84.20 Bn |
| Dec 31, 2021 | -156.00 Mn |
API Access
Shell Revenue 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=revenue&ticker=SHEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();