Revenue Comparison
Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: Shell 94.664, Equinor 34.523.
Shell vs Equinor: Revenue Comparison
Shell (SHEL) and Equinor (EQNR) are peers in Oil & Gas. Shell reported revenue of $94.7B as of Q2 2026, compared with $34.5B for Equinor. Shell leads on revenue.
Shell's gross margin is 19.5% versus 46.0% for Equinor. Shell's net margin is 11.4% versus 14.0% for Equinor.
Latest Quarter Comparison
Table: Latest Quarter Comparison. 15 rows across Metric, Shell, Equinor.| Metric | Shell | Equinor |
|---|---|---|
| Market Cap | - | - |
| Revenue | $94.66B | $34.52B |
| Cost of Revenue | $76.19B | $18.65B |
| Gross Profit | $18.48B | $15.87B |
| Operating Income | $15.18B | $12.86B |
| Net Income | $10.82B | $4.85B |
| R&D Expense | $277.00M | $0 |
| Earnings Per Share | $3.84 | $1.99 |
| Gross Margin | 19.5% | 46.0% |
| Operating Margin | 16.0% | 37.3% |
| Net Profit Margin | 11.4% | 14.0% |
| Free Cash Flow | $17.40B | $6.60B |
| Cumulative Free Cash Flow | $349.02B | $119.66B |
| Operating Cash Flow | $21.43B | $9.47B |
| Cash & Equivalents | $31.37B | $8.06B |