Filing Flows › Shell (SHEL) › Q3 2026
Shell (SHEL) Q3 2026 earnings results (third quarter 2026)
6-K filed Oct 29, 2026
Shell (SHEL) reported revenue of $92.8B for the third quarter 2026 (Q3 2026), +36% from a year earlier. Operating margin was 19.4%, net earnings $12.1B (13.0% of revenue).
Shell, Q3 2026: revenue $92.8B (+36% year over year), operating margin 19.4%, net earnings $12.1B, operating cash flow $21.0B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $92.8B | — | +36% |
| Operating profit | $18.0B | — | +127% |
| Net earnings | $12.1B | — | +127% |
| Operating cash flow | $21.0B | — | +72% |
What changed
Revenue was $92.8B in Q3 2026, up 36% year over year.
Operating profit was $18.0B, a 19.4% margin (up 7.7 points year over year). Of the extra revenue versus a year earlier, 41% reached operating profit, above the 12% margin then. Total costs grew 24% against revenue growth of 36%. The fastest-growing cost line was Other operating costs (+25%). Net earnings were $12.1B, up 127% year over year. The effective tax rate was 32.5%.
Operating cash flow was $21.0B (up 72% year over year), 173% of net earnings. Working capital and other items added $8.9B.
Questions
What was Shell's revenue in the third quarter 2026?
Shell (SHEL) reported revenue of $92.8B for the third quarter 2026 (Q3 2026), +36% from a year earlier.
Was Shell profitable in the third quarter 2026?
Operating profit was $18.0B (19.4% of revenue) and net earnings $12.1B.
Source: Shell 6-K on SEC EDGAR.