Shell net income surges 128% to $12.1bn in Q3 2026

Shell posted third-quarter 2026 (Q3 2026) net income attributable to shareholders of $12.1bn, more than double the $5.3bn recorded in the corresponding period last year.

The energy major benefited from record refining margins and elevated commodity prices amid continued disruption to the global energy system.

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Adjusted earnings for the quarter came in at $10.8bn, up 99% from $5.4bn in Q3 2025. Cash flow from operations increased 72% year on year to $21.0bn, while adjusted EBITDA grew 54% to $22.7bn.

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