Shell (SHEL) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $3.52
- EPS estimate
- $3.06
- EPS surprise
- +14.90%
- Revenue surprise
- +9.79%
- Revenue
- $94.7B
- Revenue estimate
- $86.2B
- Reported
- Jul 30, 2026
Shell reported Q2 2026 results on July 30, 2026. Earnings per share were $3.52, beating the $3.06 estimate by 14.90%. Revenue was $94.7 billion, 9.79% above the $86.2 billion consensus. Compared with Q2 2025, EPS rose about 144% from $1.44 and revenue rose about 45% from $65.4 billion. The EPS figure is the highest in the table.
The quarter followed a long decline. Annual EPS fell from $10.86 in 2022 to $8.36 in 2023, $7.50 in 2024 and $6.28 in 2025, a drop of about 42%. Revenue went from $381.3 billion to $266.9 billion over the same years. First-half 2026 EPS already totals $5.96, about 82% more than $3.28 a year earlier. Quarterly revenue is still below the table's high of $101.3 billion in Q4 2022. Q4 has been a weak spot lately, with EPS misses in Q4 2024 and Q4 2025. Over the last 20 quarters, Shell beat the EPS estimate 15 times.
Shell reported Q3 between October 27 and November 2 in each of the past five years. That points to late October or early November 2026 for the next report. It will show whether earnings hold near the levels of the first half.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 30, 2026 | $3.06 | $3.52 | +14.90% | $94.7B | SEC |
| Q1 2026 | May 7, 2026 | $2.14 | $2.44 | +14.25% | $69.7B | SEC |
| Q4 2025 | Feb 5, 2026 | $1.23 | $1.14 | −7.38% | $64.1B | SEC |
| Q3 2025 | Oct 30, 2025 | $1.68 | $1.86 | +10.54% | $68.2B | SEC |
| Q2 2025 | Jul 31, 2025 | $1.29 | $1.44 | +11.56% | $65.4B | SEC |
| Q1 2025 | May 2, 2025 | $1.63 | $1.84 | +12.99% | $69.2B | SEC |
| Q4 2024 | Jan 30, 2025 | $1.35 | $1.20 | −10.80% | $66.3B | SEC |
| Q3 2024 | Oct 31, 2024 | $1.70 | $1.92 | +13.11% | $71.1B | SEC |
| Q2 2024 | Aug 1, 2024 | $1.88 | $1.98 | +5.11% | $74.5B | SEC |
| Q1 2024 | May 2, 2024 | $1.93 | $2.40 | +24.15% | $72.5B | SEC |
| Q4 2023 | Feb 1, 2024 | $1.82 | $2.22 | +21.69% | $78.7B | SEC |
| Q3 2023 | Nov 2, 2023 | $1.86 | $1.86 | −0.15% | $76.3B | SEC |
| Q2 2023 | Jul 27, 2023 | $1.70 | $1.50 | −11.87% | $74.6B | SEC |
| Q1 2023 | May 4, 2023 | $2.10 | $2.78 | +32.41% | $87.0B | SEC |
| Q4 2022 | Feb 2, 2023 | $2.29 | $2.78 | +21.14% | $101.3B | SEC |
| Q3 2022 | Oct 27, 2022 | $2.35 | $2.60 | +10.51% | $95.7B | — |
| Q2 2022 | Invalid Date | $2.88 | $3.08 | +6.99% | $100.1B | — |
| Q1 2022 | May 5, 2022 | $2.21 | $2.40 | +8.43% | $84.2B | — |
| Q4 2021 | Feb 3, 2022 | $1.33 | $1.66 | +24.85% | $85.3B | — |
| Q3 2021 | Oct 28, 2021 | $1.39 | $1.06 | −24.00% | $60.0B | — |
Quarterly revenue
Frequently asked questions
When did Shell (SHEL) last report earnings?
Shell last reported on Jul 30, 2026, covering fiscal Q2 2026.
Did SHEL beat earnings estimates?
Yes. Shell reported EPS of $3.52 for Q2 2026 against a $3.06 estimate — a 14.90% beat.
How much revenue did SHEL report last quarter?
Shell reported $94.7B in revenue for Q2 2026, against a consensus estimate of $86.2B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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