Shell plc

SHEL ·Energy, Oil & Gas E&P
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Revenue $266.89B $284.31B $316.62B $381.31B $261.50B $180.54B $344.88B $388.38B
Cost of Revenue — — — — — — — —
Gross Profit — — — — — — — —
Gross Margin — — — — — — — —
Operating Expenses
Research & Development — — — — — — — —
SG&A Expense — — — — — — — —
Operating Income $34.43B $34.71B $37.30B $68.00B $33.44B $-22.88B $30.18B $39.37B
Operating Margin 12.9% 12.2% 11.8% 17.8% 12.8% -12.7% 8.7% 10.1%
Interest Expense $4.67B $4.79B $4.67B $3.18B $3.61B $4.09B $4.69B $3.75B
Pretax Income $29.76B $29.92B $32.63B $64.82B $29.83B $-26.97B $25.49B $35.62B
Income Tax Expense $11.64B $13.40B $12.99B $21.94B $9.20B $-5.43B $9.05B $11.72B
Net Income $17.84B $16.09B $19.36B $42.31B $20.10B $-21.68B $15.84B $23.35B
Net Margin 6.7% 5.7% 6.1% 11.1% 7.7% -12.0% 4.6% 6.0%
EPS (Basic) — — — — — — — —
EPS (Diluted) — — — — — — — —
Shares Outstanding (Basic) 5.69B 6.08B 6.49B 6.97B — — — —
Shares Outstanding (Diluted) 5.69B 6.08B 6.49B 6.97B — — — —
Dividends Per Share — — — — — — — —
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