TotalEnergies SE (TTE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 49.52B | 45.92B | 43.84B | 44.68B | 47.9B | 47.12B | 47.43B | 49.18B | 51.88B | 54.77B | 54.41B | 51.53B | 58.23B | 63.95B | 64.96B | 70.44B | 63.95B | 55.3B | 49.07B | 41.63B |
| Revenue Growth % | 3.38% | -2.53% | -7.56% | -9.16% | -7.68% | -13.97% | -12.84% | -4.56% | -10.9% | -14.37% | -16.24% | -26.85% | -8.94% | 15.65% | 32.39% | 69.2% | 65.53% | 70.95% | 80.29% | 93.09% |
| Cost of Goods Sold | 30.55B | 33.76B | 30.47B | 32.42B | 33.85B | 33.45B | 34.82B | 35.09B | 36.72B | 40.69B | 36.73B | 36.97B | 41.41B | 44.06B | 45.74B | 48.55B | 43.33B | 40.08B | 35.53B | 29.84B |
| COGS % of Revenue | 61.7% | 73.5% | 69.5% | 72.56% | 70.68% | 70.99% | 73.41% | 71.35% | 70.78% | 74.3% | 67.5% | 71.74% | 71.12% | 68.89% | 70.41% | 68.91% | 67.75% | 72.48% | 72.42% | 71.67% |
| Gross Profit | 18.96B | 12.17B | 13.37B | 12.26B | 14.05B | 13.67B | 12.61B | 14.09B | 15.16B | 14.08B | 17.68B | 14.56B | 16.82B | 19.89B | 19.23B | 21.9B | 20.62B | 15.22B | 13.54B | 11.79B |
| Gross Margin % | 38.3% | 26.5% | 30.5% | 27.44% | 29.32% | 29.01% | 26.59% | 28.65% | 29.22% | 25.7% | 32.5% | 28.26% | 28.88% | 31.11% | 29.59% | 31.09% | 32.25% | 27.52% | 27.58% | 28.33% |
| Gross Profit Growth % | 35.01% | -10.98% | 6.03% | -12.99% | -7.35% | -2.89% | -28.67% | -3.25% | -9.86% | -29.24% | -8.03% | -33.5% | -18.44% | 30.72% | 42.04% | 85.7% | 73.16% | 83.42% | 97.91% | 673.59% |
| Operating Expenses | 8.81B | 8.69B | 7.66B | 7.93B | 7.64B | 8.03B | 7.84B | 7.83B | 7.73B | 7.34B | 17.68B | 7.97B | 7.88B | 7.6B | 6.84B | 8.16B | 8.48B | 7B | 6.74B | 6.84B |
| OpEx % of Revenue | 17.79% | 18.92% | 17.46% | 17.75% | 15.96% | 17.04% | 16.53% | 15.91% | 14.9% | 13.4% | 32.5% | 15.46% | 13.53% | 11.89% | 10.53% | 11.58% | 13.27% | 12.66% | 13.74% | 16.43% |
| Selling, General & Admin | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 10.15B | 3.48B | 5.72B | 4.33B | 6.4B | 5.64B | 4.77B | 6.26B | 7.43B | 6.74B | 0 | 6.6B | 8.94B | 12.29B | 12.38B | 13.74B | 12.14B | 8.21B | 6.79B | 4.95B |
| Operating Margin % | 20.51% | 7.57% | 13.04% | 9.69% | 13.36% | 11.97% | 10.06% | 12.74% | 14.32% | 12.3% | - | 12.8% | 15.36% | 19.22% | 19.06% | 19.51% | 18.98% | 14.86% | 13.84% | 11.9% |
| Operating Income Growth % | 58.65% | -38.35% | 19.85% | -30.89% | -13.85% | -16.27% | - | -5.03% | -16.92% | -45.19% | -100% | -52% | -26.33% | 49.59% | 82.34% | 177.45% | 149.62% | 533.87% | 523.03% | 158.33% |
| EBITDA | 14.3B | 7.47B | 8.98B | 7.69B | 9.49B | 8.61B | 8.79B | 9.34B | 10.47B | 10.55B | 14.44B | 9.79B | 12.13B | 15.04B | 15.41B | 17.06B | 16.72B | 12.44B | 10.15B | 8.24B |
| EBITDA Margin % | 28.89% | 16.27% | 20.49% | 17.21% | 19.81% | 18.28% | 18.54% | 19% | 20.17% | 19.27% | 26.54% | 19% | 20.83% | 23.51% | 23.73% | 24.22% | 26.14% | 22.49% | 20.69% | 19.79% |
| EBITDA Growth % | 50.77% | -13.22% | 2.19% | -17.71% | -9.35% | -18.39% | -39.12% | -4.57% | -13.72% | -29.84% | -6.32% | -42.62% | -27.44% | 20.91% | 51.84% | 107.08% | 100.54% | 144.25% | 114.9% | 156.7% |
| D&A (Non-Cash Add-back) | 4.15B | 4B | 3.27B | 3.36B | 3.09B | 2.97B | 4.02B | 3.08B | 3.04B | 3.81B | 3.62B | 3.19B | 3.19B | 2.75B | 3.03B | 3.32B | 4.58B | 4.22B | 3.36B | 3.29B |
| EBIT | 10.51B | 4.97B | 7.17B | 5.67B | 7.38B | 7.08B | 5.34B | 7.3B | 9.45B | 9.04B | 10.82B | 7.36B | 10.41B | 10.24B | 13.46B | 11.66B | 10.32B | 10.03B | 7.9B | 4.41B |
| Net Interest Income | -569M | 24M | -747.66M | -700.72M | -684M | -530M | -554M | -530M | -451M | -410M | -453M | -387M | -500M | -512M | -418M | -463M | -383M | -501M | -507M | -555M |
| Interest Income | 222M | 233M | 263.82M | 331.12M | 290M | 449M | 457M | 408M | 472M | 439M | 459M | 510M | 393M | 357M | 327M | 245M | 214M | 120M | 87M | 77M |
| Interest Expense | 791M | 209M | 1.01B | 1.03B | 974M | 979M | 1.01B | 938M | 923M | 849M | 912M | 897M | 893M | 869M | 745M | 708M | 597M | 621M | 594M | 632M |
| Other Income/Expense | -435M | 1.28B | 467M | 523M | 253M | 1.31B | -231M | 308M | 1.32B | 1.64B | 10.09B | 43M | 759M | -2.77B | 442M | -2.65B | -2.28B | 1.33B | 653M | -1.04B |
| Pretax Income | 9.72B | 4.76B | 6.18B | 4.85B | 6.65B | 6.95B | 4.54B | 6.57B | 8.75B | 8.38B | 10.09B | 6.64B | 9.7B | 9.52B | 12.82B | 11.09B | 9.86B | 9.55B | 7.44B | 3.91B |
| Pretax Margin % | 19.63% | 10.36% | 14.11% | 10.86% | 13.89% | 14.75% | 9.57% | 13.36% | 16.86% | 15.29% | 18.55% | 12.88% | 16.66% | 14.88% | 19.74% | 15.74% | 15.41% | 17.27% | 15.17% | 9.39% |
| Income Tax | 3.79B | 1.83B | 2.42B | 2.11B | 2.73B | 2.93B | 2.18B | 2.73B | 2.94B | 3.34B | 3.4B | 2.49B | 4.07B | 6.08B | 6.08B | 5.28B | 4.8B | 3.65B | 2.69B | 1.61B |
| Effective Tax Rate % | 38.97% | 38.46% | 39.18% | 43.4% | 41.07% | 42.16% | 48% | 41.46% | 33.64% | 39.86% | 33.72% | 37.46% | 41.96% | 63.85% | 47.38% | 47.66% | 48.75% | 38.19% | 36.16% | 41.17% |
| Net Income | 5.81B | 2.91B | 3.67B | 2.69B | 3.85B | 3.96B | 2.29B | 3.79B | 5.72B | 5.06B | 6.68B | 4.09B | 5.56B | 3.26B | 6.63B | 5.69B | 4.94B | 5.84B | 4.64B | 2.21B |
| Net Margin % | 11.73% | 6.33% | 8.36% | 6.01% | 8.04% | 8.4% | 4.84% | 7.7% | 11.03% | 9.25% | 12.27% | 7.93% | 9.54% | 5.1% | 10.2% | 8.08% | 7.73% | 10.56% | 9.47% | 5.3% |
| Net Income Growth % | 50.87% | -26.54% | 59.84% | -29.05% | -32.69% | -21.86% | -65.64% | -7.36% | 2.95% | 55.12% | 0.75% | -28.18% | 12.4% | -44.08% | 42.65% | 158.02% | 47.85% | 555.11% | 2199.51% | 126.36% |
| Net Income (Continuing) | 5.93B | 2.93B | 3.76B | 2.75B | 3.92B | 4.02B | 2.36B | 3.85B | 5.8B | 5.04B | 6.69B | 4.15B | 5.63B | 3.44B | 6.75B | 5.8B | 5.05B | 5.9B | 4.75B | 2.3B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 2.7B | 2.64B | 2.38B | 2.36B | 2.46B | 2.4B | 2.56B | 2.65B | 2.73B | 2.7B | 2.66B | 2.77B | 2.86B | 2.85B | 2.85B | 3.31B | 3.38B | 3.26B | 3.21B | 2.48B |
| EPS (Diluted) | 2.64 | 1.30 | 1.64 | 1.17 | 1.68 | 1.70 | 0.97 | 1.60 | 2.40 | 2.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS Growth % | 57.14% | -23.53% | 69.07% | -26.88% | -30% | -18.66% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS (Basic) | 2.68 | 1.31 | 1.65 | 1.18 | 1.69 | 1.72 | 1.01 | 1.61 | 2.42 | 2.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted Shares Outstanding | 2.17B | 2.22B | 2.2B | 2.22B | 2.28B | 2.36B | 2.36B | 2.33B | 2.36B | 2.39B | 2.42B | 2.45B | 2.48B | 2.52B | 2.56B | 2.59B | 2.61B | 2.67B | 2.7B | 2.76B |
| Basic Shares Outstanding | 2.17B | 2.22B | 2.2B | 2.2B | 2.28B | 2.34B | 2.28B | 2.36B | 2.36B | 2.35B | 2.4B | 2.43B | 2.45B | 2.48B | 2.52B | 2.56B | 2.59B | 2.61B | 2.64B | 2.64B |
| Dividend Payout Ratio | 36.09% | 75.18% | 60.29% | 70.49% | 48.07% | 50.51% | 85.57% | 48.93% | 33.26% | 36.91% | 29.39% | 45.06% | 33.18% | 133.46% | 28.33% | 32.06% | 39% | 34.11% | 44.2% | 94.92% |