Equinor ASA (EQNR) Financials

$41.34 +0.02 (+0.06%)

Closing price 03:59 PM Eastern

Extended Trading

$41.13 -0.21 (-0.52%)

As of 07:49 PM Eastern

Annual Income Statements for Equinor ASA

This table shows Equinor ASA's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-5,192	-2,922	4,590	7,535	1,851	-5,510	8,563	28,746	11,885	8,806	5,043
Consolidated Net Income / (Loss)	-5,169	-2,902	4,598	7,538	1,851	-5,496	8,576	28,744	11,904	8,829	5,058
Net Income / (Loss) Continuing Operations	-5,544	-3,266	4,598	7,539	1,851	-5,496	8,576	28,743	11,904	8,829	5,058
Total Pre-Tax Income	55	-178	13,420	18,874	9,292	-4,259	31,583	78,604	37,884	30,986	25,088
Total Operating Income	1,366	80	13,771	20,137	8,420	-3,423	33,663	77,628	35,443	29,705	24,737
Total Gross Profit	22,500	14,980	24,212	31,549	23,719	16,001	47,166	86,210	48,090	41,980	39,111
Total Revenue	59,266	45,510	61,187	79,593	62,911	45,818	90,924	149,624	106,847	102,551	105,846
Operating Revenue	59,642	45,873	61,187	79,593	62,911	45,818	90,924	149,624	106,847	102,551	105,846
Total Cost of Revenue	36,766	30,530	36,975	48,044	39,192	29,817	43,758	63,414	58,757	60,571	66,735
Operating Cost of Revenue	36,766	30,530	36,975	48,044	39,192	29,817	43,758	63,414	58,757	60,571	66,735
Total Operating Expenses	21,508	15,264	10,441	11,412	15,299	19,424	13,503	8,582	12,647	12,275	14,374
Selling, General & Admin Expense	921	762	738	758	809	706	780	986	1,218	1,255	1,207
Exploration Expense	3,872	2,952	1,059	1,405	-	3,483	1,004	1,205	795	1,185	849
Depreciation Expense	16,715	11,550	8,644	9,249	-	15,235	11,719	6,391	10,634	9,835	12,318
Total Other Income / (Expense), net	-1,311	-258	-351	-1,263	872	-836	-2,080	975	2,441	1,281	352
Interest Expense	-	-	903	1,264	-	1,392	1,223	1,429	335	1,893	1,439
Interest & Investment Income	-	-	-	-	-	-	38	1,222	2,449	1,951	1,175
Other Income / (Expense), net	-1,311	-258	552	-	872	556	-895	1,182	327	1,223	616
Income Tax Expense	5,225	2,724	8,822	11,335	7,441	1,237	23,007	49,861	25,980	22,157	20,030
Net Income / (Loss) Attributable to Noncontrolling Interest	22	20	-8.00	3.00	-	14	-14	3.00	-19	-23	-15
Basic Earnings per Share	($1.63)	($0.91)	$1.40	$2.27	-	($1.69)	$2.64	$9.06	$3.93	$3.12	$1.94
Weighted Average Basic Shares Outstanding	3.18B	3.20B	3.27B	3.33B	3.33B	3.27B	3.23B	3.12B	2.94B	2.94B	2.50B
Diluted Earnings per Share	($1.63)	($0.91)	$1.40	$2.27	-	($1.69)	$2.63	$9.03	$3.93	$3.11	$1.94
Weighted Average Diluted Shares Outstanding	3.19B	3.21B	3.29B	3.34B	3.33B	3.28B	3.23B	3.12B	2.94B	2.94B	2.50B
Weighted Average Basic & Diluted Shares Outstanding	-	3.20B	3.27B	3.33B	6.66B	3.27B	3.23B	3.12B	2.94B	2.94B	2.50B

No quarterly income statements for Equinor ASA are available.

This table details how cash moves in and out of Equinor ASA's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	0.00	-3,371	-127	166	2,341	646	7,768	5,611	10,001	11,210	20,979
Net Cash From Operating Activities	0.00	11,599	-127	166	13,749	646	28,816	4,645	9,729	9,740	12,608
Net Cash From Continuing Operating Activities	0.00	11,599	-127	166	2,071	646	21,472	4,645	9,729	9,740	12,608
Net Income / (Loss) Continuing Operations	0.00	0.00	0.00	0.00	9,292	0.00	31,583	0.00	0.00	0.00	0.00
Depreciation Expense	-	11,550	-	-	-	-	-	6,733	10,581	9,906	12,473
Non-Cash Adjustments To Reconcile Net Income	-	6,074	-127	166	-166	646	-1,027	-2,088	-852	-166	135
Net Cash From Investing Activities	0.00	-11,430	0.00	0.00	10,594	0.00	-16,211	966	272	1,470	2,456
Net Cash From Continuing Investing Activities	0.00	-11,430	0.00	0.00	-9,860	0.00	-6,259	966	272	1,470	2,456
Divestitures	-	761	-	-	2,608	-	-	966	272	1,470	2,456
Net Cash From Financing Activities	0.00	-2,948	0.00	0.00	5,496	0.00	-4,836	0.00	0.00	0.00	5,915
Net Cash From Continuing Financing Activities	0.00	-2,948	0.00	0.00	-4,941	0.00	-4,836	0.00	0.00	0.00	5,915
Issuance of Debt	-	-1,072	-	-	984	-	0.00	-	0.00	0.00	5,915
Cash Interest Paid	443	548	622	441	-	730	-	747	1,042	891	665
Cash Interest Received	363	134	148	176	-	162	-	399	1,710	1,841	1,221

No quarterly cash flow statements for Equinor ASA are available.

This table presents Equinor ASA's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	104,530	111,100	112,508	119,861	124,809	147,120	158,021	143,580	131,141	131,727
Total Current Assets	24,859	17,213	18,698	16,773	18,073	35,448	77,152	30,388	29,608	23,070
Cash & Equivalents	5,090	4,390	7,556	5,177	6,757	14,126	15,579	8,070	5,903	5,036
Accounts Receivable	7,839	9,425	8,998	8,233	8,232	17,927	22,452	13,204	13,590	10,819
Inventories, net	3,227	3,398	2,144	3,363	3,084	3,395	5,205	3,814	4,031	3,330
Other Current Assets	8,211	-	-	-	-	-	29,876	5,300	6,084	3,885
Plant, Property, & Equipment, net	59,556	63,637	65,262	0.00	0.00	62,075	56,498	58,822	55,560	61,241
Total Noncurrent Assets	19,222	29,351	27,342	95,661	94,871	48,830	24,372	54,370	45,971	47,416
Long-Term Investments	2,245	10,999	9,904	-	-	23,932	5,491	31,732	17,806	22,801
Intangible Assets	9,243	8,621	9,672	-	-	6,452	5,158	5,709	5,654	5,950
Noncurrent Deferred & Refundable Income Taxes	2,195	2,441	3,304	-	-	6,259	8,732	7,936	4,900	5,053
Employee Benefit Assets	839	1,306	831	-	-	1,449	-	1,260	1,717	2,107
Other Noncurrent Operating Assets	4,163	4,615	3,631	95,661	93,509	10,062	3,973	6,669	8,667	10,599
Other Noncurrent Nonoperating Assets	537	1,369	0.00	0.00	1,362	676	1,018	1,064	7,227	906
Total Liabilities & Shareholders' Equity	104,530	150,085	154,290	119,861	124,809	186,144	158,021	143,590	131,179	131,801
Total Liabilities	69,431	71,214	69,519	78,702	90,917	108,096	104,032	95,080	88,761	91,230
Total Current Liabilities	18,218	19,017	16,604	15,008	12,015	39,138	43,539	33,876	33,663	27,481
Short-Term Debt	3,674	4,091	2,463	-	-	5,273	4,359	5,996	7,223	4,047
Accounts Payable	9,666	9,737	8,369	11,309	10,867	14,310	13,352	9,556	11,110	9,700
Dividends Payable	712	729	766	-	-	582	2,808	2,649	1,906	923
Current Deferred & Payable Income Tax Liabilities	2,184	4,057	4,654	3,699	1,148	13,119	-	12,306	10,319	10,994
Other Current Liabilities	562	403	352	-	-	5,722	5,364	2,898	2,082	1,638
Other Current Nonoperating Liabilities	1,420	0.00	0.00	-	-	132	-	471	1,023	179
Total Noncurrent Liabilities	51,212	51,298	51,707	63,694	78,903	68,192	60,226	61,203	55,099	63,748
Long-Term Debt	27,999	24,183	23,264	24,693	33,709	27,404	24,141	22,230	19,361	23,763
Noncurrent Deferred & Payable Income Tax Liabilities	6,427	7,654	8,671	9,410	11,224	14,037	11,996	13,345	12,726	14,524
Noncurrent Employee Benefit Liabilities	3,380	3,904	3,820	3,867	4,292	4,403	3,671	3,925	3,482	4,076
Other Noncurrent Operating Liabilities	13,406	15,557	15,952	21,385	25,272	22,348	15,633	21,703	19,530	21,385
Total Equity & Noncontrolling Interests	27	79,770	85,979	41,159	33,892	78,048	53,989	48,510	42,418	40,571
Total Preferred & Common Equity	0.00	79,746	85,960	41,139	33,873	78,034	53,988	48,500	42,380	40,497
Total Common Equity	0.00	79,746	85,960	41,139	33,873	78,034	0.00	48,490	42,342	40,424
Common Stock	-	39,861	42,970	-	-	39,010	-	48,490	42,342	40,424
Noncontrolling Interest	27	24	19	20	19	14	1.00	10	38	74

No quarterly balance sheets for Equinor ASA are available.

This table displays calculated financial ratios and metrics derived from Equinor ASA's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	2,500,271,030.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	2,500,271,030.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	2.02
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	-128,404	56	4,718	8,043	1,677	-2,396	9,141	28,386	11,137	8,464	4,987
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	33.44%	14.52%	12.27%	7.29%
Earnings before Interest and Taxes (EBIT)	55	-178	14,323	20,137	9,292	-2,867	32,768	78,810	35,770	30,928	25,353
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	16,770	11,372	22,967	29,386	9,292	12,368	44,487	85,543	46,351	40,834	37,826
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-59,592	12,235	8,150	-3,886	3,169	27,483	-2,157	33,806	4,479	5,274
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	59,648	52,131	52,024	57,587	52,022	33,680	64,223	41,554	45,539	40,667
Increase / (Decrease) in Invested Capital	0.00	59,648	-7,517	-107	5,563	-5,565	-18,342	30,543	-22,669	3,985	-287
Book Value per Share	$0.00	$0.00	$24.40	$25.87	$12.36	$10.25	$24.04	$0.00	$15.53	$14.38	$13.73
Tangible Book Value per Share	$0.00	($2.89)	$21.76	$22.96	$12.36	$10.25	$22.05	($1.65)	$13.70	$12.46	$11.71
Total Capital	0.00	31,700	108,044	111,706	70,191	72,007	110,725	84,898	76,726	68,964	68,381
Total Debt	0.00	31,673	28,274	25,727	29,032	38,115	32,677	30,909	28,226	26,584	27,810
Total Long-Term Debt	0.00	27,999	24,183	23,264	29,032	38,115	27,404	26,550	28,226	26,584	23,763
Net Debt	0.00	23,846	12,885	8,267	23,855	31,358	-5,381	5,800	-6,947	3,162	-27
Capital Expenditures (CapEx)	0.00	12,191	0.00	0.00	10,204	0.00	8,040	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	4,733	-2,103	-2,999	-3,412	-699	-12,543	18,354	-1,115	59	-5,400
Debt-free Net Working Capital (DFNWC)	0.00	10,315	2,287	4,557	1,765	6,058	1,583	37,972	-1,115	59	-364
Net Working Capital (NWC)	0.00	6,641	-1,804	2,094	1,765	6,058	-3,690	33,613	-1,115	59	-4,411
Net Nonoperating Expense (NNE)	-123,235	2,958	120	505	-174	3,100	565	-358	-767	-365	-71
Net Nonoperating Obligations (NNO)	0.00	59,621	-27,639	-33,955	16,428	18,130	-44,368	10,234	-6,946	3,159	96
Total Depreciation and Amortization (D&A)	16,715	11,550	8,644	9,249	0.00	15,235	11,719	6,733	10,581	9,906	12,473
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$1.40	$2.27	$0.55	($1.69)	$0.00	$9.06	$3.93	$3.12	$1.94
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	3.27B	3.33B	3.33B	3.27B	0.00	3.17B	2.94B	2.94B	2.50B
Adjusted Diluted Earnings per Share	$0.00	$0.00	$1.40	$2.27	$0.55	($1.69)	$0.00	$9.03	$3.93	$3.11	$1.94
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	3.29B	3.34B	3.33B	3.28B	0.00	3.18B	2.94B	2.94B	2.50B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	3.32B	3.33B	3.31B	3.25B	0.00	3.12B	2.94B	2.94B	2.50B
Normalized Net Operating Profit after Tax (NOPAT)	956	56	9,640	14,096	15,137	-2,396	23,564	54,340	24,810	20,794	17,316
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

No quarterly metrics and ratios for Equinor ASA are available.

Financials Breakdown Chart

Frequently Asked Questions About Equinor ASA's Financials

When does Equinor ASA's fiscal year end?

According to the most recent income statement we have on file, Equinor ASA's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has Equinor ASA's net income changed over the last 10 years?

Equinor ASA's net income appears to be on an upward trend, with a most recent value of $5.06 billion in 2025, falling from -$5.17 billion in 2015. The previous period was $8.83 billion in 2024. Find out what analysts predict for Equinor ASA in the coming months.

What is Equinor ASA's operating income?

Equinor ASA's total operating income in 2025 was $24.74 billion, based on the following breakdown:

Total Gross Profit: $39.11 billion
Total Operating Expenses: $14.37 billion

How has Equinor ASA's revenue changed over the last 10 years?

Over the last 10 years, Equinor ASA's total revenue changed from $59.27 billion in 2015 to $105.85 billion in 2025, a change of 78.6%.

How much debt does Equinor ASA have?

Equinor ASA's total liabilities were at $91.23 billion at the end of 2025, a 2.8% increase from 2024, and a 31.4% increase since 2016.

How much cash does Equinor ASA have?

In the past 9 years, Equinor ASA's cash and equivalents has ranged from $4.39 billion in 2017 to $15.58 billion in 2022, and is currently $5.04 billion as of their latest financial filing in 2025.

How has Equinor ASA's book value per share changed over the last 10 years?

Over the last 10 years, Equinor ASA's book value per share changed from 0.00 in 2015 to 13.73 in 2025, a change of 1,372.8%.

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Financial statements for NYSE:EQNR last updated on 3/24/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Equinor ASA (EQNR) Financials

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Equinor ASA (EQNR) Financials

Annual Income Statements for Equinor ASA

Quarterly Income Statements for Equinor ASA

Annual Cash Flow Statements for Equinor ASA

Quarterly Cash Flow Statements for Equinor ASA

Annual Balance Sheets for Equinor ASA

Quarterly Balance Sheets for Equinor ASA

Annual Metrics And Ratios for Equinor ASA

Quarterly Metrics And Ratios for Equinor ASA

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Frequently Asked Questions About Equinor ASA's Financials

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