Equinor Asa annual gross margin
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Equinor Asa Gross Margin Growth & History (EQNR)
Equinor Asa's gross margin was 48.18% for fiscal 2025.
View full Equinor Asa company overviewEquinor Asa annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 48.18% | −3.60 pp |
| 2024 | 2024-12-31 | 51.78% | −3.27 pp |
| 2023 | 2023-12-31 | 55.05% | −9.27 pp |
| 2022 | 2022-12-31 | 64.32% | +2.99 pp |
| 2021 | 2021-12-31 | 61.33% | +7.13 pp |
| 2020 | 2020-12-31 | 54.20% | +0.08 pp |
| 2019 | 2019-12-31 | 54.11% | +2.50 pp |
| 2018 | 2018-12-31 | 51.61% | −2.28 pp |
| 2017 | 2017-12-31 | 53.89% | +0.77 pp |
| 2016 | 2016-12-31 | 53.12% | −2.86 pp |
| 2015 | 2015-12-31 | 55.98% | — |
Equinor Asa quarterly gross margin
Q2.17
Q1.18
Q2.18
Q1.19
Q2.19
Q1.20
Q2.20
Q1.21
Q2.21
Q1.22
Q2.22
Q3.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 45.97% | −3.37 pp |
| Q1 2026 | 2026-03-31 | 44.33% | — |
| Q4 2025 | 2025-12-31 | 35.36% | — |
| Q3 2025 | 2025-09-30 | 46.57% | −1.93 pp |
| Q2 2025 | 2025-06-30 | 49.34% | — |
| Q3 2024 | 2024-09-30 | 48.50% | — |
| Q2 2022 | 2022-06-30 | 62.01% | +4.38 pp |
| Q1 2022 | 2022-03-31 | 62.88% | +3.62 pp |
| Q2 2021 | 2021-06-30 | 57.63% | −6.20 pp |
| Q1 2021 | 2021-03-31 | 59.26% | +8.14 pp |
| Q2 2020 | 2020-06-30 | 63.83% | +14.17 pp |
| Q1 2020 | 2020-03-31 | 51.12% | −8.50 pp |
| Q2 2019 | 2019-06-30 | 49.66% | +1.58 pp |
| Q1 2019 | 2019-03-31 | 59.62% | +8.87 pp |
| Q2 2018 | 2018-06-30 | 48.08% | −6.00 pp |
| Q1 2018 | 2018-03-31 | 50.74% | — |
| Q2 2017 | 2017-06-30 | 54.09% | — |
Equinor Asa gross margin trends
Over the last five fiscal years, Equinor Asa's gross margin decreased from 54.20% to 48.18%, a change of −6.01 percentage points. The latest reported quarter, Q2 2026, shows 45.97%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Equinor Asa source filings ↗