Shell (SHEL) Revenue by Year

SHEL

Shell generated $266.9B in revenue in fiscal year 2025. This represents a decrease of 6.1% from the prior fiscal year. The table below carries 11 fiscal years, from 2015 to 2025, and the quarters Shell has filed alongside them.

FY2025 annual

Revenue $266.9B

YoY -6.1%

5Y CAGR +8.1%

10Y CAGR +0.1%

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Mar 12, 2026 Currency USD

Annual figures, oldest first. Point at a bar to read its period.

SHEL Revenue by Fiscal Year

Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.

Metric	FY2510-K	FY2410-K	FY2310-K	FY2220-F/A	FY2120-F/A	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Revenue	$266.9B-6.1%	$284.3B-10.2%	$316.6B-17.0%	$381.3B+45.8%	$261.5B+44.8%	$180.5B-47.7%	$344.9B-11.2%	$388.4B+27.3%	$305.2B+30.6%	$233.6B-11.8%	$265.0B

SHEL Revenue by Quarter

Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.

Metric	Q4'2510-K	Q2'256-K	Q1'256-K	Q4'2410-K	Q2'246-K	Q1'2410-Q	Q4'2320-F/A	Q2'2310-Q	Q1'2310-Q	Q4'2220-F/A	Q2'2210-Q	Q1'2210-Q
Revenue	N/A	$65.4B-12.2%	$69.2B-4.5%	N/A	$74.5B-0.2%	$72.5B-16.7%	N/A	$74.6B-25.5%	$87.0B+3.3%	N/A	$100.1B+65.3%	$84.2B+51.3%

What revenue means

Revenue is everything the company billed its customers over the period, counted before any cost of running the business comes out of it.

More Shell financials

Frequently Asked Questions

What was Shell's revenue in fiscal year 2025?

Shell generated $266.9B in revenue in fiscal year 2025.

How fast is Shell's revenue growing?

Shell (SHEL) revenue fell by 6.1% year over year, from $284.3B to $266.9B in fiscal year 2025.

How has Shell's revenue changed over the years?

Across the 11 fiscal years this page covers, Shell (SHEL) revenue went from $265.0B in fiscal year 2015 to $266.9B in fiscal year 2025.

What does revenue mean on a financial statement?

Revenue is everything the company billed its customers over the period, counted before any cost of running the business comes out of it. This page lists what Shell (SHEL) reported on that line in every period on record.