EQUINOR ASA

EQNR · XNYS

CIK 1140625fmd_1D50TFTJPGRH7RGGNP65BBG78KManufacturing · Petroleum RefiningTemplate: Standard

Coverage: Jan 01, 2015 to Dec 31, 2025, 31 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	45,873	61,187	79,593	64,357	45,818	90,924	150,806	107,174	103,774	106,462
Cost of revenue	21,505	28,212	38,516	29,532	20,986	35,160	53,806	48,175	50,040	55,164
Gross profit	24,368	32,975	41,077	34,825	24,832	55,764	97,000	58,999	53,734	51,298
Research and development	298	307	315	300	254	291	308	311	348	352
Selling, general and administrative	762	738	758	809	706	780	986	1,218	1,255	1,207
Total operating expenses	9,787	9,501	10,286	–	–	–	–	–	–	–
Operating income	80	13,771	20,137	9,299	(3,423)	33,663	78,811	35,770	30,927	25,352
Income before taxes	(178)	13,420	18,874	9,292	(4,259)	31,583	78,604	37,884	30,986	25,088
Income tax expense	2,724	8,822	11,335	7,441	1,237	23,007	49,861	25,980	22,157	20,030
Net income from continuing operations	(2,902)	4,598	7,539	1,851	(5,496)	8,576	28,743	11,904	8,829	5,058
Net income	(2,922)	4,590	7,535	1,843	(5,510)	8,563	28,746	11,885	8,806	5,043