EQUINOR ASAEQNREarnings & Financial Report
Equinor ASA is a Norwegian multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company operating in 36 countries with additional investments in renewable energy and lithium mining. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. In 2023, the company was ranked 52nd in the same list. As of 2021, the company has 21,126 employees.
EQNR Q3 FY2025 Key Financial Metrics
Revenue
$26.0B
Gross Profit
$12.1B
Operating Profit
$5.3B
Net Profit
$-204.0M
Gross Margin
46.6%
Operating Margin
20.2%
Net Margin
-0.8%
YoY Growth
2.4%
EPS
$-0.08
EQUINOR ASA Q3 FY2025 Financial Summary
EQUINOR ASA reported revenue of $26.0B (up 2.4% YoY) for Q3 FY2025, with a net profit of $-204.0M (down 108.9% YoY) (-0.8% margin). Cost of goods sold was $13.9B, operating expenses totaled $6.9B.
Key Financial Metrics
| Total Revenue | $26.0B |
|---|---|
| Net Profit | $-204.0M |
| Gross Margin | 46.6% |
| Operating Margin | 20.2% |
| Report Period | Q3 FY2025 |
EQUINOR ASA Quarterly Revenue & Net Profit History
EQUINOR ASA results over the last 5 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $26.0B | +2.4% | $-204.0M | -0.8% |
| Q2 FY2025 | $25.1B | — | $1.3B | 5.2% |
| Q3 FY2024 | $25.4B | — | $2.3B | 9.0% |
| Q2 FY2022 | $36.5B | +108.8% | $6.8B | 18.5% |
| Q1 FY2022 | $36.4B | — | $4.7B | 13.0% |
Income Statement
| Q1 2022 | Q2 2022 | Q3 2024 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Revenue | $36.39B | $36.46B | $25.45B | $25.14B | $26.05B |
| YoY Growth | N/A | 108.8% | N/A | N/A | 2.4% |
Balance Sheet
| Q1 2022 | Q2 2022 | Q3 2024 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Assets | N/A | $151.97B | N/A | N/A | $135.85B |
| Liabilities | N/A | $110.74B | N/A | N/A | $95.25B |
| Equity | N/A | $41.23B | $44.38B | N/A | $40.59B |
Cash Flow
| Q1 2022 | Q2 2022 | Q3 2024 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Operating CF | $15.77B | $8.52B | $6.50B | $2.48B | $6.35B |