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	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	114,415	106,462	103,774	107,174	150,806	90,924
Revenue Growth	5.78%	2.59%	-3.17%	-28.93%	65.86%	98.45%
Cost of Revenue	68,039	66,735	60,571	58,757	63,414	43,758
Gross Profit	46,376	39,727	43,203	48,417	87,392	47,166
Selling, General & Admin	1,138	1,207	1,255	1,218	986	780
Depreciation & Amortization Expenses	11,826	12,318	9,835	10,634	6,391	11,719
Exploration Expenses	880	849	1,185	795	1,205	1,004
Total Operating Expenses	13,844	14,374	12,275	12,647	8,582	13,503
Operating Income	32,532	25,353	30,928	35,770	78,810	33,663
Interest Income	1,135	1,175	1,951	2,449	1,222	38
Interest Expense	-1,628	-1,436	-1,582	-1,660	-1,379	-1,223
Other Non-Operating Income (Expense)	1,169	-3	-311	1,325	-50	-895
Total Non-Operating Income (Expense)	676	-264	58	2,114	-207	-2,080
Pretax Income	33,209	25,088	30,986	37,884	78,604	31,583
Provision for Income Taxes	24,159	20,030	22,157	25,980	49,861	23,007
Net Income	9,051	5,058	8,829	11,904	28,744	8,576
Minority Interest in Earnings	-6	15	23	19	-3	14
Net Income to Common	9,058	5,043	8,806	11,885	28,746	8,563
Net Income Growth	10.22%	-42.73%	-25.91%	-58.66%	235.70%	-
Shares Outstanding (Basic)	2,491	2,593	2,821	3,021	3,174	3,245
Shares Outstanding (Diluted)	2,499	2,601	2,827	3,027	3,183	3,254
Shares Change	-8.02%	-7.99%	-6.61%	-4.90%	-2.18%	-0.70%
EPS (Basic)	3.67	1.94	3.12	3.93	9.06	2.64
EPS (Diluted)	3.67	1.94	3.11	3.93	9.03	2.63
EPS Growth	21.93%	-37.62%	-20.87%	-56.48%	243.35%	-
Free Cash Flow	9,582	5,977	7,288	18,682	26,378	20,776
Free Cash Flow Growth	39.62%	-17.99%	-60.99%	-29.18%	26.96%	987.75%
Free Cash Flow Per Share	3.83	2.30	2.58	6.17	8.29	6.38
Dividends Per Share	1.540	1.500	1.420	1.250	0.900	0.710
Dividend Growth	5.48%	5.63%	13.60%	38.89%	26.76%	73.17%
Gross Margin	40.53%	37.32%	41.63%	45.18%	57.95%	51.87%
Operating Margin	28.43%	23.81%	29.80%	33.38%	52.26%	37.02%
Profit Margin	7.91%	4.75%	8.51%	11.11%	19.06%	9.43%
FCF Margin	8.37%	5.61%	7.02%	17.43%	17.49%	22.85%
EBITDA	44,518	37,826	40,834	46,351	85,543	45,382
EBITDA Margin	38.91%	35.53%	39.35%	43.25%	56.72%	49.91%
EBIT	32,532	25,353	30,928	35,770	78,810	33,663
EBIT Margin	28.43%	23.81%	29.80%	33.38%	52.26%	37.02%
Effective Tax Rate	72.75%	79.84%	71.51%	68.58%	63.43%	72.85%

SEC Filings: 10-K · 10-Q