Equinor reports operating income of $6.2bn in Q4 2025

Equinor has reported adjusted operating income of $6.2bn for the fourth quarter of 2025 (Q4 2025), down from $7.9bn in Q4 2024. The company’s net operating income stood at $5.49bn, a fall from $8.74bn recorded in the previous year’s comparable period, while net income reached $1.31bn, against $2bn a year earlier. Adjusted earnings per share for Q4 were reported at $0.81, an increase from $0.63 in Q4 2024. The financial performance in the quarter was shaped by lower liquids prices, partly offset by high ...