Shell annual revenue
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Shell Revenue Growth & History (SHEL)
Shell reported $266.89B in revenue for fiscal 2025, a decrease of 6.13% from the previous fiscal year.
View full Shell company overviewShell annual revenue and growth
| Fiscal year | Period ended | Revenue | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $266.89B | −$17.43B | −6.13% |
| 2024 | 2024-12-31 | $284.31B | −$32.31B | −10.20% |
| 2023 | 2023-12-31 | $316.62B | −$64.69B | −16.97% |
| 2022 | 2022-12-31 | $381.31B | $119.81B | +45.82% |
| 2021 | 2021-12-31 | $261.50B | $80.96B | +44.84% |
| 2020 | 2020-12-31 | $180.54B | −$164.33B | −47.65% |
| 2019 | 2019-12-31 | $344.88B | −$43.50B | −11.20% |
| 2018 | 2018-12-31 | $388.38B | $83.20B | +27.26% |
| 2017 | 2017-12-31 | $305.18B | $71.59B | +30.65% |
| 2016 | 2016-12-31 | $233.59B | −$31.37B | −11.84% |
| 2015 | 2015-12-31 | $264.96B | — | — |
Shell quarterly revenue
Q3.17
Q2.18
Q3.18
Q1.19
Q2.19
Q1.20
Q2.20
Q1.21
Q2.21
Q1.22
Q2.22
Q1.23
Q2.23
Q1.24
Q2.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Revenue | Change | YoY growth |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $94.66B | $29.26B | +44.73% |
| Q1 2026 | 2026-03-31 | $69.69B | $457.0M | +0.66% |
| Q4 2025 | 2025-12-31 | $64.09B | — | — |
| Q3 2025 | 2025-09-30 | $68.15B | — | — |
| Q2 2025 | 2025-06-30 | $65.41B | −$9.06B | −12.16% |
| Q1 2025 | 2025-03-31 | $69.23B | −$3.24B | −4.48% |
| Q2 2024 | 2024-06-30 | $74.46B | −$115.0M | −0.15% |
| Q1 2024 | 2024-03-31 | $72.48B | −$14.48B | −16.65% |
| Q2 2023 | 2023-06-30 | $74.58B | −$25.48B | −25.47% |
| Q1 2023 | 2023-03-31 | $86.96B | $2.75B | +3.27% |
| Q2 2022 | 2022-06-30 | $100.06B | $39.54B | +65.35% |
| Q1 2022 | 2022-03-31 | $84.20B | $28.54B | +51.27% |
| Q2 2021 | 2021-06-30 | $60.52B | $28.01B | +86.18% |
| Q1 2021 | 2021-03-31 | $55.66B | −$4.36B | −7.27% |
| Q2 2020 | 2020-06-30 | $32.50B | −$58.04B | −64.10% |
| Q1 2020 | 2020-03-31 | $60.03B | −$23.71B | −28.31% |
| Q2 2019 | 2019-06-30 | $90.54B | −$6.22B | −6.43% |
| Q1 2019 | 2019-03-31 | $83.73B | — | — |
| Q3 2018 | 2018-09-30 | $100.15B | $24.32B | +32.07% |
| Q2 2018 | 2018-06-30 | $96.77B | — | — |
| Q3 2017 | 2017-09-30 | $75.83B | — | — |
Shell revenue growth trends
Over the last five reported fiscal years, revenue grew from $180.54B to $266.89B, a compound annual growth rate of 8.13%. Shell's latest reported quarter, Q2 2026, generated $94.66B in revenue, an increase of 44.73% year over year.
About the data
What revenue means
Revenue is the top-line amount a company reports from selling goods and services before expenses are deducted. Fiscal periods can differ from calendar years, so each table includes the exact period end date.
Financial data
Standardized company financials
TickerStat standardizes company financial facts for consistent comparison. Derived growth rates use the displayed values and are not guidance or forecasts.
Review Shell source filings ↗Community posts
Constellation agrees to buy Shell’s Rhode Island power plant for $715 million
Constellation ($CEG) agreed to acquire the Rhode Island State Energy Center from Shell ($SHEL) for $715 million. The 609-megawatt combined-cycle natural-gas plant is located in Johnston, Rhode Island. Constellation estimates that first-year ...
