Equinor ASA Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	120,572	105,828	102,502	106,848	149,004	88,744
Other Revenue	-	-	-	-	-	1,921
Revenue	120,572	105,828	102,502	106,848	149,004	90,665
Revenue Growth	12.62%	3.25%	-4.07%	-28.29%	64.35%	98.11%
Cost of Revenue	68,509	66,735	60,571	58,757	63,414	43,758
Gross Profit	52,063	39,093	41,931	48,091	85,590	46,907
Selling, General & Admin	1,432	1,365	1,427	1,218	986	780
Other Operating Expenses	605	605	525	538	449	453
Operating Expenses	13,351	12,656	12,821	11,925	11,518	12,669
Operating Income	38,712	26,437	29,110	36,166	74,072	34,238
Interest Expense	-742	-545	-681	-1,122	-737	-769
Interest & Investment Income	986	971	1,746	2,449	1,222	151
Earnings From Equity Investments	248	18	49	-1	620	259
Currency Exchange Gain (Loss)	111	-135	166	852	2,088	47
Other Non Operating Income (Expenses)	-121	470	328	677	-754	-707
EBT Excluding Unusual Items	39,194	27,216	30,718	39,021	76,511	33,219
Gain (Loss) on Sale of Investments	1,473	-112	-522	123	-394	-348
Gain (Loss) on Sale of Assets	465	465	941	-	-	-
Asset Writedown	-1,241	-2,481	-151	-1,260	2,487	-1,287
Pretax Income	39,891	25,088	30,986	37,884	78,604	31,584
Income Tax Expense	28,093	20,030	22,157	25,980	49,861	23,007
Earnings From Continuing Operations	11,798	5,058	8,829	11,904	28,743	8,577
Minority Interest in Earnings	5	-15	-23	-19	3	-14
Net Income	11,803	5,043	8,806	11,885	28,746	8,563
Net Income to Common	11,803	5,043	8,806	11,885	28,746	8,563
Net Income Growth	106.17%	-42.73%	-25.91%	-58.66%	235.70%	-
Shares Outstanding (Basic)	2,451	2,593	2,821	3,024	3,173	3,244
Shares Outstanding (Diluted)	2,460	2,601	2,827	3,024	3,183	3,256
Shares Change	-7.43%	-7.99%	-6.52%	-5.00%	-2.23%	-0.40%
EPS (Basic)	4.82	1.94	3.12	3.93	9.06	2.64
EPS (Diluted)	4.80	1.94	3.11	3.93	9.03	2.63
EPS Growth	123.74%	-37.62%	-20.87%	-56.48%	243.35%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	11,329	5,977	7,288	18,682	26,378	20,776
Free Cash Flow Per Share	4.61	2.30	2.58	6.18	8.29	6.38
Dividend Per Share	1.560	1.500	1.420	1.250	0.900	0.710
Dividend Growth	5.41%	5.63%	13.60%	38.89%	26.76%	73.17%
Gross Margin	43.18%	36.94%	40.91%	45.01%	57.44%	51.74%
Operating Margin	32.11%	24.98%	28.40%	33.85%	49.71%	37.76%
Profit Margin	9.79%	4.76%	8.59%	11.12%	19.29%	9.45%
Free Cash Flow Margin	9.40%	5.65%	7.11%	17.48%	17.70%	22.91%
EBITDA	48,076	35,311	37,760	45,487	83,292	44,845
EBITDA Margin	39.87%	33.37%	36.84%	42.57%	55.90%	49.46%
D&A For EBITDA	9,364	8,874	8,650	9,321	9,220	10,607
EBIT	38,712	26,437	29,110	36,166	74,072	34,238
EBIT Margin	32.11%	24.98%	28.40%	33.85%	49.71%	37.76%
Effective Tax Rate	70.42%	79.84%	71.51%	68.58%	63.43%	72.84%
Revenue as Reported	121,557	106,462	103,774	107,174	150,806	90,924

SEC Filings: 10-K · 10-Q