Financials in USD. Standardized financial statements.
A compact view of how Equinor ASA turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $108.94B | $102.50B | $106.85B | $149.00B | $88.74B | $45.75B | $62.91B | $78.56B | $60.97B | $45.69B |
| Revenue Growth? | +6.3% | -4.1% | -28.3% | +67.9% | +94.0% | -27.3% | -19.9% | +28.8% | +33.5% | 0.0% |
| Cost of Revenue? | $79.69B | $59.88B | $58.81B | $60.20B | $46.88B | $36.22B | $42.74B | $47.77B | $36.86B | $33.05B |
| Gross Profit? | $29.24B | $42.63B | $48.04B | $88.81B | $41.87B | $9.53B | $20.18B | $30.79B | $24.11B | $12.63B |
| Gross Margin? | +26.8% | +41.6% | +45.0% | +59.6% | +47.2% | +20.8% | +32.1% | +39.2% | +39.6% | +27.7% |
| Operating Expenses? | $1.24B | $11.70B | $12.27B | $10.62B | $8.91B | $13.01B | $11.04B | $10.95B | $10.53B | $12.44B |
| Operating Income? | $28.00B | $30.93B | $35.77B | $78.81B | $33.66B | -$3.42B | $9.30B | $20.14B | $13.77B | $80.00M |
| EBITDA? | $37.41B | $41.95B | $52.07B | $84.11B | $41.86B | $7.26B | $20.42B | $27.71B | $22.55B | $11.99B |
| Income Before Tax | $25.82B | $30.99B | $37.88B | $78.60B | $31.58B | -$4.26B | $9.29B | $18.87B | $13.42B | -$178.00M |
| Income Tax Expense | $20.62B | $22.16B | $25.98B | $49.86B | $23.01B | $1.24B | $7.44B | $11.34B | $8.82B | $2.72B |
| Net Income? | $5.19B | $8.81B | $11.88B | $28.75B | $8.56B | -$5.51B | $1.84B | $7.54B | $4.59B | -$2.92B |
| EPS? | $2.00 | $3.12 | $3.93 | $8.88 | $2.57 | $-1.69 | $0.56 | $2.27 | $1.40 | $-0.91 |
| Diluted EPS? | $1.94 | $3.11 | $3.93 | $8.86 | $2.56 | $-1.69 | $0.55 | $2.27 | $1.40 | $-0.91 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality