← EQUINOR ASA

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $45.9b $61.2b $79.6b $64.4b $45.8b $90.9b $150.8b $107.2b $103.8b $106.5b
Total revenues and other income $45.9b $61.2b $79.6b $64.4b $45.8b $90.9b $150.8b $107.2b $103.8b $106.5b
Cost of Goods and Services Sold $21.5b $28.2b $38.5b $29.5b $21.0b $35.2b $53.8b $48.2b $50.0b $55.2b
Gross Profit (Calculated) $24.4b $33.0b $41.1b $34.8b $24.8b $55.8b $97.0b $59.0b $53.7b $51.3b
Operating expenses — ($8.8b) ($9.5b) ($9.7b) ($8.8b) ($8.6b) ($9.6b) ($10.6b) ($10.5b) ($11.6b)
Total operating expenses ($9.0b) ($8.8b) ($9.5b) ($55.1b) ($49.2b) ($57.3b) ($72.0b) ($71.4b) ($72.8b) ($81.1b)
Additional Financial Items
Applicable Tax Rate $4 $0 $0 $0 $0 $0 $0 $0 $0 $0
Auditors Remuneration For Tax Services $100k $0 $0 — — — — — — $0
Average Effective Tax Rate — $1 $1 $1 ($0) $1 $1 $1 $1 $1
Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss $11.6b $8.6b $9.2b $13.2b $15.2b $11.7b $6.4b $10.6b $9.8b $12.3b
Depreciation Right of Use Assets — — — $1.2b $1.3b $1.3b — — — —
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss — — — $4.1b $7.1b $1.4b $2.5b ($1.3b) $151.0m $2.5b
Other Income $304.0m $27.0m $746.0m $1.3b $12.0m $1.9b $1.2b $327.0m $1.2b $616.0m
Profit Loss Attributable To Noncontrolling Interests $20.0m $8.0m $3.0m $8.0m $14.0m $14.0m ($3.0m) $19.0m $23.0m $15.0m
Profit Loss Attributable To Owners Of Parent ($2.9b) $4.6b $7.5b $1.8b ($5.5b) $8.6b $28.7b $11.9b $8.8b $5.0b
Profit Loss Before Tax ($178.0m) $13.4b $18.9b $9.3b ($4.3b) $31.6b $78.6b $37.9b $31.0b $25.1b
Profit Loss From Operating Activities $80.0m $13.8b $20.1b $9.3b ($3.4b) $33.7b $78.8b $35.8b $30.9b $25.4b
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method ($119.0m) $188.0m $291.0m $164.0m $53.0m $259.0m $620.0m ($1.0m) $49.0m $18.0m
Purchases [net of inventory variation] ($21.5b) ($28.2b) ($38.5b) ($29.5b) ($21.0b) ($35.2b) ($53.8b) ($48.2b) ($50.0b) ($55.2b)
Depreciation, amortisation and net impairment ($11.6b) ($8.6b) ($9.2b) ($13.2b) ($15.2b) ($11.7b) ($6.4b) ($10.6b) ($9.8b) ($12.3b)
Net operating income/(loss) $80.0m $13.8b $20.1b $9.3b ($3.4b) $33.7b $78.8b $35.8b $30.9b $25.4b
Interest income and other financial income — — — — — $38.0m $1.2b $2.4b $2.0b $1.2b
Other financial items — $552.0m ($224.0m) $1.4b $556.0m ($857.0m) $1.2b $1.3b ($311.0m) ($3.0m)
Net financial items ($258.0m) ($351.0m) ($1.3b) ($7.0m) ($836.0m) ($2.1b) ($207.0m) $2.1b $58.0m ($265.0m)
Income/(loss) before tax ($178.0m) $13.4b $18.9b $9.3b ($4.3b) $31.6b $78.6b $37.9b $31.0b $25.1b
Income tax ($2.7b) ($8.8b) ($11.3b) ($7.4b) ($1.2b) ($23.0b) ($49.9b) ($26.0b) ($22.2b) ($20.0b)
Attributable to shareholders of the company ($2.9b) $4.6b $7.5b $1.8b ($5.5b) $8.6b $28.7b $11.9b $8.8b $5.0b
Attributable to non-controlling interests $20.0m $8.0m $3.0m $8.0m $14.0m $14.0m ($3.0m) $19.0m $23.0m $15.0m
Net Foreign Exchange Loss $205.0m — $422.0m $74.0m — $702.0m $691.0m $315.0m — —
Net income/(loss) from equity accounted investments ($119.0m) $188.0m $291.0m $164.0m $53.0m $259.0m $620.0m ($1.0m) $49.0m $18.0m
Net income/(loss) ($2.9b) $4.6b $7.5b $1.9b ($5.5b) $8.6b $28.7b $11.9b $8.8b $5.1b
Basic Earnings (Loss) Per Share ($0.91) $1.40 $2.27 $0.55 ($1.69) $2.64 $9.06 $3.93 $3.12 $1.94
Diluted Earnings (Loss) Per Share ($0.91) $1.40 $2.27 $0.55 ($1.69) $2.63 $9.03 $3.93 $3.11 $1.94
Research And Development Expense $298.0m $307.0m $315.0m $300.0m $254.0m $291.0m $308.0m $311.0m $348.0m $352.0m
Selling, General and Administrative Expense $762.0m $738.0m $758.0m $809.0m $706.0m $780.0m $986.0m $1.2b $1.3b $1.2b
Selling, general and administrative expenses ($762.0m) ($738.0m) ($758.0m) ($809.0m) ($706.0m) ($780.0m) ($986.0m) ($1.2b) ($1.3b) ($1.2b)
Current Tax Expense (Income) $3.9b $7.7b $10.7b $7.9b $1.1b $21.3b $52.1b $24.0b $20.1b $19.9b
Deferred Tax Expense (Income) ($1.3b) $1.0b $563.0m ($381.0m) $435.0m $1.7b ($2.4b) $1.8b $2.2b ($5.0m)
Deferred Tax Expense (Income) Recognised In Profit Or Loss ($1.3b) $1.0b $563.0m ($381.0m) $435.0m $1.7b ($2.4b) $1.8b $2.2b ($5.0m)
Depreciation And Amortisation Expense — — — — — — $8.9b $9.4b $9.7b $9.8b
Employee Benefits Expense $3.9b $3.8b $4.1b $4.0b $3.7b $4.2b $4.1b $4.2b $4.6b $5.0b
Expense Relating To Short-Term Leases For Which Recognition Exemption Has Been Used — — — $435.0m $342.0m $160.0m $286.0m — — —
Expense Relating To Variable Lease Payments Not Included In Measurement Of Lease Liabilities — — — $0 $0 — — — — —
Postemployment Benefit Expense Defined Benefit Plans $503.0m $308.0m $289.0m $265.0m $238.0m $272.0m $188.0m — — —
Postemployment Benefit Expense Defined Contribution Plans $148.0m $162.0m $173.0m $182.0m $192.0m $213.0m $213.0m — — —
Exploration expenses ($3.0b) ($1.1b) ($1.4b) ($1.9b) ($3.5b) ($1.0b) ($1.2b) ($795.0m) ($1.2b) ($849.0m)
Interest Expense On Lease Liabilities — — — $126.0m $104.0m $93.0m $90.0m $132.0m $131.0m $120.0m
Interest expenses and other financial expenses — ($903.0m) ($1.0b) ($1.4b) ($1.4b) ($1.2b) ($1.4b) ($1.7b) ($1.6b) ($1.4b)
Income Tax Expense Continuing Operations $2.7b $8.8b $11.3b $7.4b $1.2b $23.0b $49.9b $26.0b $22.2b $20.0b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.