
Equinor ASA
OSE:EQNR

Income Statement
Earnings Waterfall
Equinor ASA
Revenue
|
102.5B
USD
|
Cost of Revenue
|
-50B
USD
|
Gross Profit
|
52.5B
USD
|
Operating Expenses
|
-21.5B
USD
|
Operating Income
|
30.9B
USD
|
Other Expenses
|
-22.1B
USD
|
Net Income
|
8.8B
USD
|
Income Statement
Equinor ASA
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
96 708
N/A
|
84 216
-13%
|
76 431
-9%
|
66 478
-13%
|
57 900
-13%
|
52 584
-9%
|
47 357
-10%
|
45 802
-3%
|
45 688
0%
|
51 070
+12%
|
55 118
+8%
|
56 557
+3%
|
60 971
+8%
|
65 279
+7%
|
68 486
+5%
|
73 944
+8%
|
78 555
+6%
|
75 189
-4%
|
74 017
-2%
|
69 732
-6%
|
62 967
-10%
|
61 566
-2%
|
52 232
-15%
|
48 778
-7%
|
45 753
-6%
|
46 817
+2%
|
56 634
+21%
|
68 495
+21%
|
88 744
+30%
|
108 666
+22%
|
127 673
+17%
|
147 288
+15%
|
149 004
+1%
|
142 164
-5%
|
128 647
-10%
|
111 845
-13%
|
106 848
-4%
|
102 726
-4%
|
105 318
+3%
|
104 810
0%
|
102 502
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(47 980)
|
(40 856)
|
(36 567)
|
(31 091)
|
(26 254)
|
(23 839)
|
(21 783)
|
(21 188)
|
(21 505)
|
(23 800)
|
(25 406)
|
(26 088)
|
(28 212)
|
(31 540)
|
(34 098)
|
(37 109)
|
(38 516)
|
(35 378)
|
(34 569)
|
(32 750)
|
(29 532)
|
(30 273)
|
(24 417)
|
(22 057)
|
(20 986)
|
(20 756)
|
(25 405)
|
(29 150)
|
(35 160)
|
(41 504)
|
(47 956)
|
(52 496)
|
(53 806)
|
(51 531)
|
(48 547)
|
(47 224)
|
(48 175)
|
(48 862)
|
(50 140)
|
(50 975)
|
(50 040)
|
|
Gross Profit |
48 728
N/A
|
43 360
-11%
|
39 863
-8%
|
35 386
-11%
|
31 646
-11%
|
28 745
-9%
|
25 574
-11%
|
24 614
-4%
|
24 183
-2%
|
27 270
+13%
|
29 712
+9%
|
30 469
+3%
|
32 759
+8%
|
33 739
+3%
|
34 388
+2%
|
36 835
+7%
|
40 039
+9%
|
39 811
-1%
|
39 448
-1%
|
36 982
-6%
|
33 435
-10%
|
31 293
-6%
|
27 815
-11%
|
26 721
-4%
|
24 767
-7%
|
26 061
+5%
|
31 229
+20%
|
39 345
+26%
|
53 584
+36%
|
67 162
+25%
|
79 717
+19%
|
94 792
+19%
|
95 198
+0%
|
90 633
-5%
|
80 100
-12%
|
64 621
-19%
|
58 673
-9%
|
53 864
-8%
|
55 178
+2%
|
53 835
-2%
|
52 462
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(26 682)
|
(27 178)
|
(35 423)
|
(32 725)
|
(24 004)
|
(23 347)
|
(23 334)
|
(22 567)
|
(21 995)
|
(21 004)
|
(20 624)
|
(20 273)
|
(19 962)
|
(17 058)
|
(17 969)
|
(17 683)
|
(20 508)
|
(20 284)
|
(20 172)
|
(20 015)
|
(20 151)
|
(20 181)
|
(20 316)
|
(20 681)
|
(21 186)
|
(19 301)
|
(19 332)
|
(19 292)
|
(18 741)
|
(20 742)
|
(20 600)
|
(19 712)
|
(19 435)
|
(20 410)
|
(20 529)
|
(21 543)
|
(21 583)
|
(21 661)
|
(22 415)
|
(22 723)
|
(21 514)
|
|
Selling, General & Administrative |
(1 159)
|
(1 124)
|
(1 046)
|
(992)
|
(921)
|
(925)
|
(888)
|
(804)
|
(762)
|
(739)
|
(750)
|
(803)
|
(738)
|
(712)
|
(731)
|
(730)
|
(758)
|
(790)
|
(828)
|
(831)
|
(809)
|
(774)
|
(731)
|
(722)
|
(706)
|
(727)
|
(745)
|
(709)
|
(780)
|
(844)
|
(854)
|
(930)
|
(986)
|
(1 008)
|
(1 019)
|
(1 093)
|
(1 218)
|
(1 256)
|
(1 388)
|
(1 397)
|
(1 255)
|
|
Research & Development |
(4 666)
|
(5 845)
|
(5 882)
|
(6 506)
|
(1 921)
|
(2 503)
|
(2 541)
|
(1 996)
|
(1 960)
|
(2 828)
|
(2 631)
|
(2 702)
|
(1 059)
|
(1 081)
|
(1 244)
|
(756)
|
(1 405)
|
(1 424)
|
(1 184)
|
(1 816)
|
(1 854)
|
(2 221)
|
(2 379)
|
(2 394)
|
(3 483)
|
(3 095)
|
(3 028)
|
(2 368)
|
(1 004)
|
(961)
|
(936)
|
(1 002)
|
(1 146)
|
(1 227)
|
(855)
|
(753)
|
(734)
|
(761)
|
(1 111)
|
(1 217)
|
(1 185)
|
|
Depreciation & Amortization |
(11 791)
|
(10 535)
|
(10 748)
|
(10 025)
|
(10 652)
|
(11 796)
|
(11 270)
|
(11 440)
|
(10 248)
|
(11 689)
|
(11 432)
|
(11 517)
|
(9 781)
|
(10 186)
|
(9 801)
|
(9 545)
|
(9 840)
|
(9 261)
|
(9 575)
|
(9 684)
|
(9 914)
|
(9 938)
|
(9 956)
|
(9 967)
|
(9 529)
|
(9 594)
|
(9 832)
|
(9 958)
|
(10 410)
|
(10 352)
|
(10 012)
|
(9 566)
|
(8 879)
|
(8 744)
|
(8 827)
|
(9 135)
|
(9 374)
|
(9 521)
|
(9 671)
|
(9 671)
|
(9 765)
|
|
Other Operating Expenses |
(9 066)
|
(9 674)
|
(17 747)
|
(15 201)
|
(10 510)
|
(8 123)
|
(8 635)
|
(8 327)
|
(9 025)
|
(5 748)
|
(5 811)
|
(5 251)
|
(8 384)
|
(5 079)
|
(6 193)
|
(6 652)
|
(8 505)
|
(8 809)
|
(8 585)
|
(7 684)
|
(7 574)
|
(7 248)
|
(7 250)
|
(7 598)
|
(7 468)
|
(5 885)
|
(5 727)
|
(6 257)
|
(6 547)
|
(8 585)
|
(8 798)
|
(8 214)
|
(8 424)
|
(9 431)
|
(9 828)
|
(10 562)
|
(10 257)
|
(10 123)
|
(10 245)
|
(10 438)
|
(9 309)
|
|
Operating Income |
22 046
N/A
|
16 182
-27%
|
4 441
-73%
|
2 662
-40%
|
7 642
+187%
|
5 398
-29%
|
2 240
-59%
|
2 047
-9%
|
2 188
+7%
|
6 266
+186%
|
9 088
+45%
|
10 196
+12%
|
12 797
+26%
|
16 681
+30%
|
16 419
-2%
|
19 152
+17%
|
19 531
+2%
|
19 527
0%
|
19 276
-1%
|
16 967
-12%
|
14 697
-13%
|
11 112
-24%
|
7 499
-33%
|
6 040
-19%
|
3 581
-41%
|
6 760
+89%
|
11 897
+76%
|
20 053
+69%
|
34 843
+74%
|
46 420
+33%
|
59 117
+27%
|
75 080
+27%
|
75 763
+1%
|
70 223
-7%
|
59 571
-15%
|
43 078
-28%
|
37 090
-14%
|
32 203
-13%
|
32 763
+2%
|
31 112
-5%
|
30 948
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(14)
|
50
|
(1 079)
|
(915)
|
(648)
|
(907)
|
(10)
|
(142)
|
44
|
(1 171)
|
(1 046)
|
(1 015)
|
250
|
(332)
|
(745)
|
(970)
|
(512)
|
(441)
|
(99)
|
593
|
613
|
39
|
(216)
|
(716)
|
(371)
|
(1 554)
|
(1 715)
|
(2 061)
|
(1 369)
|
(2 212)
|
240
|
1 828
|
861
|
2 714
|
973
|
(167)
|
2 654
|
1 281
|
834
|
1 210
|
(58)
|
|
Non-Reccuring Items |
(4 134)
|
(10 035)
|
0
|
0
|
(6 458)
|
379
|
156
|
179
|
(1 989)
|
(138)
|
(8)
|
(862)
|
786
|
0
|
906
|
1 701
|
315
|
128
|
39
|
(2 722)
|
(4 093)
|
(6 657)
|
(7 031)
|
(7 162)
|
(7 057)
|
(5 032)
|
(4 382)
|
(941)
|
(1 439)
|
87
|
(210)
|
363
|
2 428
|
2 149
|
2 159
|
102
|
(1 321)
|
(1 310)
|
(1 266)
|
(187)
|
(70)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1 470
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
2
|
(16)
|
0
|
(481)
|
0
|
0
|
0
|
(421)
|
0
|
0
|
(2)
|
(413)
|
0
|
(3)
|
0
|
(460)
|
0
|
1
|
0
|
(3 395)
|
0
|
0
|
(1)
|
(412)
|
0
|
(2)
|
(2)
|
(452)
|
0
|
(2)
|
0
|
(448)
|
2
|
3
|
3
|
(539)
|
2
|
1
|
2
|
166
|
|
Pre-Tax Income |
17 898
N/A
|
6 198
-65%
|
3 346
-46%
|
1 747
-48%
|
55
-97%
|
4 870
+8 755%
|
2 386
-51%
|
2 084
-13%
|
(178)
N/A
|
4 957
N/A
|
8 034
+62%
|
8 317
+4%
|
13 420
+61%
|
16 347
+22%
|
16 577
+1%
|
19 882
+20%
|
18 874
-5%
|
19 215
+2%
|
19 217
+0%
|
14 839
-23%
|
9 292
-37%
|
4 492
-52%
|
252
-94%
|
(1 839)
N/A
|
(4 259)
-132%
|
173
N/A
|
5 798
+3 251%
|
17 049
+194%
|
31 583
+85%
|
44 294
+40%
|
59 145
+34%
|
77 270
+31%
|
78 604
+2%
|
75 088
-4%
|
62 706
-16%
|
43 016
-31%
|
37 884
-12%
|
32 175
-15%
|
32 331
+0%
|
32 136
-1%
|
30 986
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(14 011)
|
(10 773)
|
(9 059)
|
(7 035)
|
(5 225)
|
(4 858)
|
(3 542)
|
(3 324)
|
(2 724)
|
(4 630)
|
(5 969)
|
(6 303)
|
(8 822)
|
(9 097)
|
(9 543)
|
(10 704)
|
(11 335)
|
(11 248)
|
(10 995)
|
(9 390)
|
(7 441)
|
(5 059)
|
(2 545)
|
(1 472)
|
(1 237)
|
(3 111)
|
(6 542)
|
(14 259)
|
(23 007)
|
(32 858)
|
(42 891)
|
(53 054)
|
(49 861)
|
(46 093)
|
(38 643)
|
(25 823)
|
(25 980)
|
(22 564)
|
(22 677)
|
(22 698)
|
(22 157)
|
|
Income from Continuing Operations |
3 887
|
(4 574)
|
(5 713)
|
(5 288)
|
(5 170)
|
12
|
(1 156)
|
(1 240)
|
(2 902)
|
327
|
2 065
|
2 014
|
4 598
|
7 250
|
7 034
|
9 178
|
7 539
|
7 967
|
8 222
|
5 449
|
1 851
|
(567)
|
(2 293)
|
(3 311)
|
(5 496)
|
(2 938)
|
(744)
|
2 790
|
8 576
|
11 436
|
16 254
|
24 216
|
28 743
|
28 995
|
24 063
|
17 193
|
11 904
|
9 611
|
9 654
|
9 438
|
8 829
|
|
Income to Minority Interest |
(16)
|
(24)
|
(29)
|
(34)
|
(22)
|
(18)
|
(18)
|
(18)
|
(20)
|
(18)
|
(16)
|
(14)
|
(8)
|
(7)
|
(5)
|
(2)
|
(3)
|
(3)
|
(2)
|
(3)
|
(8)
|
(10)
|
(13)
|
(15)
|
(14)
|
(15)
|
(17)
|
(17)
|
(14)
|
(15)
|
(15)
|
1
|
3
|
2
|
1
|
(16)
|
(19)
|
(20)
|
(26)
|
(25)
|
(23)
|
|
Net Income (Common) |
3 871
N/A
|
(4 582)
N/A
|
(5 709)
-25%
|
(5 289)
+7%
|
(5 192)
+2%
|
(6)
+100%
|
(1 174)
-19 467%
|
(1 258)
-7%
|
(2 922)
-132%
|
309
N/A
|
2 049
+563%
|
2 001
-2%
|
4 590
+129%
|
7 244
+58%
|
7 030
-3%
|
9 175
+31%
|
7 535
-18%
|
7 962
+6%
|
8 218
+3%
|
5 446
-34%
|
1 851
-66%
|
(576)
N/A
|
(2 305)
-300%
|
(3 325)
-44%
|
(5 510)
-66%
|
(2 952)
+46%
|
(760)
+74%
|
2 773
N/A
|
8 563
+209%
|
11 422
+33%
|
16 241
+42%
|
24 219
+49%
|
28 746
+19%
|
28 998
+1%
|
24 065
-17%
|
17 178
-29%
|
11 885
-31%
|
9 592
-19%
|
9 629
+0%
|
9 414
-2%
|
8 806
-6%
|
|
EPS (Diluted) |
1.19
N/A
|
-1.43
N/A
|
-1.79
-25%
|
-1.66
+7%
|
-1.63
+2%
|
0
N/A
|
-0.37
N/A
|
-0.4
-8%
|
-0.91
-128%
|
0.09
N/A
|
0.63
+600%
|
0.62
-2%
|
1.4
+126%
|
2.18
+56%
|
2.11
-3%
|
2.75
+30%
|
2.26
-18%
|
2.39
+6%
|
2.46
+3%
|
1.63
-34%
|
0.55
-66%
|
-0.17
N/A
|
-0.69
-306%
|
-1.01
-46%
|
-1.69
-67%
|
-0.91
+46%
|
-0.23
+75%
|
0.85
N/A
|
2.63
+209%
|
3.53
+34%
|
5.08
+44%
|
7.67
+51%
|
9.03
+18%
|
9.28
+3%
|
7.89
-15%
|
5.76
-27%
|
3.93
-32%
|
3.26
-17%
|
3.37
+3%
|
3.4
+1%
|
3.11
-9%
|