How has Shell's operating income trended over the last eight quarters?

Shell's operating income has shown a general upward trend over the past eight quarters, with some fluctuations. Here's a summary of the key points:

1. **Growth Trend**: The operating income has increased from $11.04 billion on March 31, 2024, to $14.35 billion on March 31, 2025. This indicates a general upward trajectory in the company's operational performance.
2. **Fluctuations**: There have been some fluctuations along the way. For instance, there was a decrease from $18.45 billion on June 30, 2024, to $14.35 billion on March 31, 2025. However, the most recent data shows a significant increase to $19.7 billion on June 30, 2025, which suggests a strong recovery or improvement in the operating income.
3. **Stability**: The operating income has remained relatively stable between $14.35 billion and $18.45 billion from March 31, 2024, to June 30, 2025. This suggests that after the initial increase, Shell's operating income has maintained a steady level, which is a positive sign for the company's financial health and its ability to generate income from its operations.

|code|Ticker|Name|Date|Operating Income (FY) YoY|Operating Income (FY)|market_code|
|---|---|---|---|---|---|---|
|SHEL|SHEL.N|Shell|2017|223.40349625401353|1.813E10|169|
|SHEL|SHEL.N|Shell|2018|96.47545504688362|3.5621E10|169|
|SHEL|SHEL.N|Shell|2019|-28.45512478594088|2.5485E10|169|
|SHEL|SHEL.N|Shell|2020|-205.81518540317836|-2.6967E10|169|
|SHEL|SHEL.N|Shell|2021|210.61297140950052|2.9829E10|169|
|SHEL|SHEL.N|Shell|2022|117.28854470481747|6.4815E10|169|
|SHEL|SHEL.N|Shell|2023|-49.66134382473193|3.2627E10|169|
|SHEL|SHEL.N|Shell|2024|-8.2906794985748|2.9922E10|169|