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Income Statement - Shell plc (SHEL)

$(Billion, Million)
Dec-25 Dec-24 Dec-23 Dec-22 Dec-21 Dec-20 Dec-19 Dec-18 Dec-17 Dec-16 Dec-15 Dec-14 Dec-13 Dec-12 Dec-11 Dec-10 Dec-09 Dec-08 Dec-07 Dec-06
Total revenue 266.89 284.31 316.62 381.31 261.50 180.54 344.88 388.38 305.18 233.59 264.96 421.11 451.24 467.15 470.17 368.06 285.13 465.81 355.78 318.85
Cost of revenue 224.39 238.37 269.41 302.54 225.66 193.54 308.12 343.50 276.32 216.00 249.45 381.82 403.09 410.56 409.83 323.23 228.38 385.15 298.41 264.55
Gross profit 42.50 45.94 47.21 78.78 35.85 -13.00 36.76 44.88 28.86 17.59 15.51 39.29 48.14 56.60 60.35 44.83 56.75 80.66 57.37 54.29
Total operating expenses + 14.91 15.95 16.47 15.67 13.57 12.54 13.81 13.69 13.38 15.22 18.77 19.41 21.27 18.88 17.75 18.58 35.19 33.79 16.62 16.62
Operating income 27.58 29.99 30.74 63.11 22.28 -25.53 22.95 31.19 15.48 2.37 -3.26 19.88 26.87 37.72 42.60 26.24 21.56 46.87 40.75 37.68
Non-operating income (net) 2.17 -0.07 1.89 1.71 7.55 -1.44 2.54 4.43 2.65 3.24 5.31 8.44 6.72 12.79 12.95 9.10 -0.54 3.95 9.82 6.95
Income before tax 29.76 29.92 32.63 64.82 29.83 -26.97 25.49 35.62 18.13 5.61 2.05 28.31 33.59 50.51 55.54 35.34 21.02 50.82 50.58 44.63
Income tax expense 11.64 13.40 12.99 21.94 9.20 -5.43 9.05 11.72 4.70 0.83 -0.15 13.69 17.07 23.45 24.48 14.87 8.30 24.34 18.65 18.32
Net income 17.84 16.09 19.36 42.31 20.10 -21.68 15.84 23.35 12.98 4.58 1.94 15.05 16.37 26.59 30.92 20.13 12.52 26.28 31.33 25.44
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Income Statement - Shell plc (SHEL)

$(Billion, Million)
Mar-26 Dec-25 Sep-25 Jun-25 Mar-25 Dec-24 Sep-24 Jun-24 Mar-24 Dec-23 Sep-23 Jun-23 Mar-23 Dec-22 Sep-22 Jun-22 Mar-22 Dec-21 Sep-21 Jun-21 Mar-21 Dec-20 Sep-20 Jun-20 Mar-20 Dec-19 Sep-19 Jun-19 Mar-19 Dec-18 Sep-18 Jun-18 Mar-18 Dec-17 Sep-17 Jun-17 Mar-17 Dec-16 Sep-16 Jun-16 Mar-16 Dec-15 Sep-15 Jun-15 Mar-15 Dec-14 Sep-14 Jun-14 Mar-14 Dec-13 Sep-13 Jun-13 Mar-13 Dec-12 Sep-12 Jun-12 Mar-12 Dec-11 Sep-11 Jun-11 Mar-11 Dec-10 Sep-10 Jun-10 Mar-10 Dec-09 Sep-09 Jun-09 Mar-09 Dec-08 Sep-08 Jun-08 Mar-08 Dec-07 Sep-07 Jun-07 Mar-07 Dec-06 Sep-06 Jun-06 Mar-06
Total revenue 69.57 64.00 67.74 65.41 69.23 66.28 71.09 74.46 72.48 78.73 76.35 74.58 86.96 101.30 95.75 100.06 84.20 85.28 60.04 60.52 55.67 43.99 44.02 32.50 60.03 84.01 86.59 90.54 83.74 102.23 100.15 96.77 89.24 85.42 75.83 72.13 71.80 64.77 61.86 58.42 48.55 58.15 68.71 72.40 65.71 92.37 107.85 111.22 109.66 109.24 116.51 112.67 112.81 118.05 112.12 117.07 119.92 115.58 123.41 121.26 109.92 106.84 90.71 91.86 87.71 86.05 75.76 66.24 59.44 81.07 131.57 131.42 114.30 106.70 90.70 84.90 73.48 75.50 84.25 83.13 75.96
Cost of revenue 56.26 54.00 56.41 55.68 56.53 59.45 59.94 62.57 58.33 67.54 61.24 63.24 69.21 79.17 82.26 78.63 67.07 69.54 55.94 50.77 47.07 35.21 40.46 52.00 56.29 77.06 76.72 82.12 72.23 91.73 87.52 85.47 78.79 76.45 67.75 66.35 65.76 58.79 56.48 54.54 46.20 55.96 71.19 63.62 58.68 86.10 96.79 100.49 98.44 98.99 103.41 103.40 97.29 104.50 97.63 104.91 103.51 102.10 108.66 104.93 94.04 85.43 82.53 75.68 70.19 68.26 61.67 52.22 46.23 86.23 105.42 109.26 96.78 92.32 77.32 68.72 60.67 64.41 70.38 67.84 61.92
Gross profit 13.31 10.00 11.33 9.73 12.71 6.83 11.15 11.90 14.15 11.19 15.11 11.34 17.75 22.14 13.49 21.43 17.13 15.74 4.10 9.75 8.59 8.78 3.56 -19.50 3.74 6.95 9.88 8.42 11.51 10.50 12.63 11.30 10.45 8.97 8.08 5.78 6.03 5.98 5.38 3.88 2.36 2.18 -2.48 8.78 7.02 6.28 11.06 10.73 11.22 10.25 13.10 9.27 15.52 13.54 14.49 12.16 16.41 13.47 14.75 16.33 15.88 21.40 8.19 16.18 17.52 17.79 14.09 14.02 13.21 -5.15 26.15 22.57 17.85 14.39 13.38 16.18 12.81 11.09 13.87 15.29 14.04
Total operating expenses + 2.97 3.60 3.51 3.72 3.24 4.42 3.74 3.85 3.94 4.56 4.15 4.06 3.71 4.54 3.87 3.56 3.70 3.45 3.56 3.64 2.91 3.26 2.82 3.33 2.93 4.10 3.29 3.55 2.87 4.02 3.38 3.26 3.03 4.13 3.31 2.87 3.07 3.76 3.65 4.01 3.81 3.94 6.59 4.29 3.95 5.11 4.50 5.16 4.64 6.06 5.49 5.19 4.53 5.28 4.70 4.58 4.32 4.94 4.43 4.38 3.98 8.61 4.51 7.25 7.61 9.91 9.60 8.02 7.29 -10.46 17.30 4.85 4.29 2.00 3.84 5.70 4.41 3.44 4.61 4.68 3.88
Operating income 10.35 12.13 7.82 6.01 9.47 2.41 7.41 8.05 10.21 6.64 10.96 7.28 14.04 17.59 9.62 17.88 13.43 12.29 0.54 6.11 5.68 5.52 0.74 -22.83 0.81 2.85 6.58 4.88 8.64 6.48 9.25 8.04 7.42 4.83 4.77 2.91 2.97 2.22 1.72 -0.13 -1.45 -1.75 -9.07 4.49 3.08 1.17 6.56 5.58 6.58 4.19 7.61 4.07 11.00 8.26 9.79 7.58 12.10 8.54 10.32 11.95 11.90 12.80 3.67 8.92 9.91 7.88 4.49 6.01 5.92 5.31 8.84 17.31 13.23 12.39 9.54 10.48 8.40 7.66 9.26 10.61 10.16
Non-operating income (net) -1.04 -5.24 0.06 -0.04 -0.51 1.79 -0.14 -0.64 0.83 -5.00 0.34 -1.93 0.31 -1.15 1.82 8.28 -2.66 3.98 0.65 -1.98 2.56 -9.64 -0.30 -1.08 -0.19 -0.06 1.79 0.04 0.77 1.43 0.49 1.57 0.94 1.72 0.89 -0.36 0.40 1.21 0.14 1.09 0.81 1.51 -0.05 1.08 2.76 1.36 1.56 3.55 1.97 1.77 1.35 1.30 2.30 4.19 2.90 2.41 3.30 3.27 2.21 2.94 4.52 -1.54 1.71 -0.19 0.06 -3.00 0.08 -0.17 -0.18 -5.78 6.62 2.81 2.48 1.00 1.95 3.75 3.07 1.49 1.50 1.78 2.16
Income before tax 9.31 6.89 7.88 5.98 8.96 4.21 7.27 7.40 11.04 1.63 11.29 5.35 14.35 16.44 11.44 26.16 10.78 16.27 1.19 4.13 8.24 -4.12 0.44 -23.91 0.62 2.79 8.37 4.92 9.41 7.91 9.74 9.61 8.37 6.55 5.66 2.55 3.37 3.43 1.86 0.96 -0.64 -0.24 -9.12 5.57 5.84 2.53 8.12 9.12 8.55 5.96 8.96 5.37 13.30 12.45 12.68 9.98 15.40 11.81 12.54 14.89 16.42 11.26 5.39 8.73 9.97 4.87 4.57 5.84 5.73 -0.47 15.47 20.12 15.71 13.39 11.49 14.23 11.47 9.15 10.76 12.39 12.33
Income tax expense 3.56 2.71 2.49 2.33 4.08 3.16 2.88 3.75 3.60 1.10 4.12 2.20 5.58 5.98 4.59 7.92 3.46 4.67 1.51 0.57 2.45 -0.17 -0.10 -5.81 0.65 1.70 2.35 1.76 3.25 2.26 3.70 3.42 2.34 2.62 1.45 0.90 -0.27 1.82 0.43 -0.32 -1.10 -1.18 -1.73 1.46 1.30 2.11 3.69 3.78 4.00 4.14 4.23 3.63 5.07 5.66 5.39 5.87 6.52 5.34 5.51 6.14 7.50 4.41 1.82 4.25 4.40 2.86 1.28 1.94 2.22 2.49 6.99 8.36 6.51 4.76 4.45 5.42 4.03 3.64 4.51 4.87 5.31
Net income 5.68 4.13 5.29 3.60 4.78 0.93 4.29 3.52 7.36 0.47 7.04 3.13 8.71 10.41 6.74 18.04 7.12 11.46 -0.45 3.43 5.66 -4.01 0.49 -18.13 -0.02 0.97 5.88 3.00 6.00 5.59 5.84 6.02 5.90 3.81 4.09 1.55 3.54 1.54 1.38 1.18 0.48 0.94 -7.42 3.99 4.43 0.77 4.46 5.31 4.51 1.78 4.68 1.74 8.18 6.67 7.14 4.06 8.72 6.50 6.98 8.66 8.78 6.79 3.46 4.39 5.48 1.96 3.25 3.82 3.49 -2.81 8.45 11.56 9.08 8.47 6.92 8.67 7.28 5.28 5.94 7.32 6.89
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