Equinor ASA (EQNR)

Equinor ASA Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	106,462	103,774	107,174
Revenue Growth (YoY)	2.59%	-3.17%	-
Cost of Revenue	66,735	60,571	58,757
Gross Profit	39,727	43,203	48,417
Selling, General & Admin	1,207	1,255	1,218
Depreciation & Amortization Expenses	12,318	9,835	10,634
Exploration Expenses	849	1,185	795
Total Operating Expenses	14,374	12,275	12,647
Operating Income	25,353	30,928	35,770
Interest Income	1,175	1,951	2,449
Interest Expense	-1,436	-1,582	-1,660
Other Non-Operating Income (Expense)	-3	-311	1,325
Total Non-Operating Income (Expense)	-264	58	2,114
Pretax Income	25,088	30,986	37,884
Provision for Income Taxes	20,030	22,157	25,980
Net Income	5,043	8,806	11,885
Minority Interest in Earnings	15	23	19
Net Income to Common	5,043	8,806	11,885
Net Income Growth	-42.73%	-25.91%	-
Shares Outstanding (Basic)	2,593	2,821	3,024
Shares Outstanding (Diluted)	2,601	2,827	3,024
Shares Change (YoY)	-7.99%	-6.52%	-
EPS (Basic)	1.94	3.12	3.93
EPS (Diluted)	1.94	3.11	3.93
EPS Growth	-37.62%	-20.87%	-
Shares Outstanding	2,500	2,728	2,945
Free Cash Flow	5,977	7,288	18,682
Free Cash Flow Growth	-17.99%	-60.99%	-
Free Cash Flow Per Share	2.30	2.58	-
Dividends Per Share	1.500	1.420	-
Dividend Growth	5.63%	-	-
Gross Margin	37.32%	41.63%	45.18%
Operating Margin	23.81%	29.80%	33.38%
Profit Margin	4.75%	8.51%	11.11%
FCF Margin	5.61%	7.02%	17.43%
EBITDA	37,826	40,834	46,351
EBITDA Margin	35.53%	39.35%	43.25%
EBIT	25,353	30,928	35,770
EBIT Margin	23.81%	29.80%	33.38%
Effective Tax Rate	79.84%	71.51%	68.58%

Updated Feb 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q