Shell delivered positive earnings and strong cash flow in Q4 2025, supported by resilient upstream and integrated gas performance, while announcing higher shareholder returns through dividends and buybacks.

Shell delivered a solid third quarter, with net income rising to $5.32 billion and adjusted earnings of $5.43 billion. Strong trading performance and increased volumes across segments contributed to the improved results.

Shell posted strong Q2 2025 results with $3.6 billion in net income and continued shareholder returns, though impacted by softer commodity prices and lower trading margins.

Shell delivered a strong Q1 2025, with $4.8 billion in net income and $69.2 billion in revenue. Strong performance in Integrated Gas and Upstream, combined with capital discipline, drove results. The company also launched a new $3.5 billion buyback program.