Shell plc
Close on Nov 2, 2026Market cap $298.55BP/E –Yield –
Shell Underlying Operating Expenses by Quarter
Underlying Operating Expenses ($M) ($M)
Shell Underlying Operating Expenses: $8,440M in Q2 2026, up 3.6% from a year earlier.
Where the Q2 2026 figure comes from
Source: Shell Q2 2026 Quarterly Databook (Excel) ↗
Underlying operating expenses (excluding identified items) and progress toward the Structural Cost Reduction target relative to the 2022 baseline.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
Breakdown
What makes up underlying Operating Expenses
Cite this data
StockData. (2026). Shell Underlying Operating Expenses ($M), quarterly Q1 2017–Q2 2026 [Data set]. Compiled from Shell SEC filings and investor materials. https://stockdatahq.com/stocks/shel/kpis/shell-underlying-opex
See every metric in the Shell KPI table. Data updated Oct 25, 2026.