Shell plc (SHEL)SHELShell plc

Financials

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	296.60B	94.66B	69.69B	64.09B	68.15B	65.41B	69.23B	66.28B	71.09B
Cost of Goods Sold	245.84B	76.19B	56.26B	56.81B	56.58B	55.68B	56.53B	59.45B	59.94B
Gross Profit	50.77B	18.48B	13.43B	7.28B	11.58B	9.73B	12.71B	6.83B	11.15B
Gross Profit Margin	17.1%	19.5%	19.3%	11.4%	17.0%	14.9%	18.4%	10.3%	15.7%
Total Operating Expenses	14.33B	3.30B	3.07B	4.12B	3.84B	3.71B	3.23B	4.42B	3.74B
Research & Development	1.15B	277.00M	167.00M	298.00M	409.00M	278.00M	185.00M	331.00M	294.00M
Selling, General & Administrative	12.40B	2.91B	2.80B	3.43B	3.26B	3.08B	2.84B	3.23B	3.14B
Operating Income (EBIT)	36.44B	15.18B	10.37B	3.16B	7.73B	6.01B	9.47B	2.41B	7.41B
Operating Margin	12.3%	16.0%	14.9%	4.9%	11.3%	9.2%	13.7%	3.6%	10.4%
Income Before Tax (EBT)	39.90B	15.75B	9.33B	6.90B	7.92B	5.97B	8.96B	4.21B	7.27B
Interest Income	1.61B	315.00M	372.00M	452.00M	468.00M	559.00M	566.00M	185.00M	778.00M
Interest Expense	5.13B	1.11B	1.47B	1.26B	1.28B	1.07B	1.12B	1.28B	1.17B
Other Income/Expense	3.47B	577.00M	-1.04B	3.74B	190.00M	-38.00M	-511.00M	1.79B	-140.00M
Net Income	25.97B	10.82B	5.69B	4.13B	5.32B	3.60B	4.78B	928.00M	4.29B
Income Tax Expense	13.74B	4.95B	3.57B	2.72B	2.50B	2.33B	4.08B	3.16B	2.88B
Net Profit Margin	8.8%	11.4%	8.2%	6.5%	7.8%	5.5%	6.9%	1.4%	6.0%
EBITDA	59.31B	20.74B	16.10B	8.91B	13.56B	11.48B	14.91B	8.24B	12.99B
EBITDA Margin	20.0%	21.9%	23.1%	13.9%	19.9%	17.5%	21.5%	12.4%	18.3%
Depreciation & Amortization	22.87B	5.56B	5.74B	5.75B	5.82B	5.46B	5.44B	5.83B	5.58B
EPS Basic	9.14	3.88	2.00	1.44	1.82	1.22	1.52	0.30	1.38
EPS Diluted	9.06	3.84	2.00	1.42	1.80	1.20	1.50	0.30	1.36
Shares Outstanding	2.79B	2.79B	2.83B	2.87B	2.92B	2.97B	3.15B	3.07B	3.16B
Diluted Shares Outstanding	2.82B	2.82B	2.85B	2.90B	2.95B	3.00B	3.18B	3.11B	3.20B

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	266.89B	284.31B	316.62B	381.31B	261.50B	180.54B	344.88B	388.38B
Cost of Goods Sold	224.39B	238.37B	269.41B	302.54B	225.66B	193.54B	308.12B	343.50B
Gross Profit	42.49B	45.94B	47.21B	78.78B	35.85B	-12.99B	36.76B	44.88B
Gross Profit Margin	15.9%	16.2%	14.9%	20.7%	13.7%	-7.2%	10.7%	11.6%
Total Operating Expenses	14.91B	15.95B	16.47B	15.67B	13.57B	12.54B	13.81B	13.69B
Research & Development	1.17B	1.10B	1.29B	1.07B	815.00M	907.00M	962.00M	986.00M
Selling, General & Administrative	12.61B	12.44B	13.43B	12.88B	11.33B	9.88B	10.49B	11.36B
Operating Income (EBIT)	27.58B	29.99B	30.74B	63.11B	22.28B	-25.53B	22.95B	31.19B
Operating Margin	10.3%	10.5%	9.7%	16.6%	8.5%	-14.1%	6.7%	8.0%
Income Before Tax (EBT)	29.76B	29.92B	32.63B	64.81B	29.83B	-26.97B	25.48B	35.62B
Interest Income	1.96B	2.37B	2.57B	1.05B	539.00M	679.00M	1.08B	876.00M
Interest Expense	4.74B	4.86B	4.63B	5.35B	3.61B	4.21B	4.56B	3.58B
Other Income/Expense	2.17B	-70.00M	1.89B	1.71B	7.55B	-1.44B	2.54B	4.43B
Net Income	17.84B	16.09B	19.36B	42.31B	20.10B	-21.68B	15.84B	23.35B
Income Tax Expense	11.64B	13.40B	12.99B	21.94B	9.20B	-5.43B	9.05B	11.71B
Net Profit Margin	6.7%	5.7%	6.1%	11.1%	7.7%	-12.0%	4.6%	6.0%
EBITDA	49.75B	52.70B	53.84B	85.50B	45.35B	-549.00M	48.05B	52.89B
EBITDA Margin	18.6%	18.5%	17.0%	22.4%	17.3%	-0.3%	13.9%	13.6%
Depreciation & Amortization	22.17B	22.70B	23.11B	22.39B	23.07B	24.98B	25.11B	21.70B
EPS Basic	6.06	5.10	5.76	11.52	5.18	-5.56	3.94	5.64
EPS Diluted	6.00	5.06	5.70	11.42	5.14	-5.56	3.90	5.60
Shares Outstanding	2.95B	3.15B	3.31B	3.67B	3.88B	3.90B	4.03B	4.14B
Diluted Shares Outstanding	2.97B	3.18B	3.40B	3.71B	3.90B	3.90B	4.06B	4.17B

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Shell plc

Shell plc, a distinguished energy and petrochemical corporation, is headquartered in London, United Kingdom, and was originally founded in 1907. Known as Royal Dutch Shell plc until its name change in January 2022, the company maintains a formidable global presence, conducting operations across Europe, Asia, Oceania, Africa, and both North and South America. Its comprehensive business activities are categorized into several key divisions: Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions. Shell's core operations involve the exploration for and extraction of crude oil, natural gas, and natural gas liquids. Beyond production, the company is deeply involved in the marketing, transportation, and strategic infrastructure development required to deliver these energy resources to consumers. This includes the manufacturing of gas-to-liquids fuels and a variety of other refined products. Shell also operates a substantial trading arm, dealing in commodities such as natural gas, liquefied natural gas (LNG), crude oil, electricity, and carbon emission rights. Its refining capabilities convert crude oil and various feedstocks into a wide range of essential products, including gasoline, diesel, aviation and marine fuels, lubricants, bitumen, and sulfur, while also developing low-carbon fuel alternatives. In the chemical sector, Shell is a significant producer of petrochemicals for industrial use, manufacturing base chemicals like ethylene, propylene, and aromatics, alongside intermediate chemicals such as styrene monomer, propylene oxide, and various solvents. The company also manages oil sands assets. Looking to the future of energy, Shell is actively investing in and developing renewable solutions. This includes generating electricity from wind and solar power, pioneering hydrogen production and sales, and establishing a network of electric vehicle charging services. Furthermore, Shell promotes LNG as a viable fuel source for heavy-duty transportation.

London, GL

84,000 employees

www.shell.com

Energy / Oil & Gas Integrated

Sector: Energy
Industry: Oil & Gas Integrated
CEO: Wael Sawan

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