Crude Oil was Equinor Asa’s largest revenue line in fiscal 2025, bringing in $58.40B of $94.14B (62%).
| Products and services [axis] | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Crude Oil | $58.52B | $56.86B | $58.25B | $58.40B | |||||||
| Revenues From Contracts With Customers | — | — | — | — | |||||||
| Revenuefromcontractswithcustomers | — | — | — | — | |||||||
| Revenuefromsaleofoilandgasproducts | — | — | — | — | |||||||
| Natural Gas Liquids | $67.48B | $23.17B | $18.13B | $21.22B | |||||||
| Refined Products | $11.09B | $10.08B | $9.24B | $10.38B | |||||||
| Power | $3.95B | $2.22B | $1.88B | $2.10B | |||||||
| Transportation | $1.47B | $1.43B | $1.33B | $1.26B | |||||||
| Other Sales | $748.00M | $809.00M | $649.00M | $778.00M | |||||||
| Total | $143.27B | $94.58B | $89.49B | $94.14B |
Equinor Asa brought in $94.14B from its six revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 5.2% from $89.49B in fiscal 2024. Crude Oil was the largest at $58.40B (62.0%), ahead of Natural Gas Liquids at $21.22B (22.5%) and Refined Products at $10.38B (11.0%). The other three revenue lines brought in $4.14B combined.
Compared with fiscal 2024, Natural Gas Liquids grew fastest, up 17.0% to $21.22B. Every revenue line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these revenue lines fell from $143.27B to $94.14B, a compound annual decline of 13.1%. Crude Oil's share of the total rose from 40.8% to 62.0%.
Equinor Asa (EQNR) reports its revenue by products and services [axis]. In fiscal 2025, Crude Oil was its largest revenue line, bringing in $58.40B (62.0% of the total), followed by Natural Gas Liquids at $21.22B (22.5%).
Crude Oil was Equinor Asa's largest revenue line in fiscal 2025, bringing in $58.40B, or 62.0% of the $94.14B total across its six revenue lines.
Among Equinor Asa's revenue lines that make up at least 2% of revenue, Natural Gas Liquids grew fastest in fiscal 2025, up 17.0% from $18.13B to $21.22B.
Every figure comes from Equinor Asa's annual financial filings, as reported. Each line keeps the name Equinor Asa gives it, and years follow its fiscal calendar.
Equinor Asa's revenue by products and services [axis] goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.