Extracts oil and gas for energy production.
Dec 2025Revenue $267B/yrExpenses $237B/yr
No trend
Figures by year
Is Shell profitable?
Yes. In the 12 months to Dec 2025, revenue was $267B and expenses $237B.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2025 | $267B | $237B | $29.8B |
| Dec 2024 | $284B | $254B | $29.9B |
| Dec 2023 | $317B | $284B | $32.6B |
| Dec 2022 | $381B | $316B | $64.8B |
| Dec 2021 | $262B | $232B | $29.8B |
| Dec 2020 | $181B | $208B | −$27.0B |
| Dec 2019 | $345B | $319B | $25.5B |
| Dec 2018 | $388B | $353B | $35.6B |
| Dec 2017 | $305B | $287B | $18.1B |
| Dec 2016 | $234B | $228B | $5.61B |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.