TotalEnergies SE (TTE) financial statements: income statement, balance sheet and cash flow
TotalEnergies SE's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), TotalEnergies SE reported revenue of $201.2B (-6.2% year on year) and net income of $13.4B (-16.7% year on year).
Income statement
TotalEnergies SE income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Sales
$201.2B
$214.6B
$237.1B
$281.0B
Excise taxes
($18.9B)
($18.9B)
($18.2B)
($17.7B)
Revenues from sales
$182.3B
$195.6B
$218.9B
$263.3B
Purchases, net of inventory variation
($116.7B)
($127.7B)
($143.0B)
($169.4B)
Other operating expenses
($30.9B)
($29.9B)
($30.4B)
($29.8B)
Exploration costs
($419.0M)
($999.0M)
($573.0M)
($1.3B)
Depreciation, depletion and impairment of tangible assets and mineral interests
($13.3B)
($12.0B)
($12.8B)
($12.2B)
Other income
$2.4B
$2.1B
$3.7B
$2.8B
Other expense
($1.9B)
($1.3B)
($2.4B)
($7.3B)
Financial interest on debt
($3.2B)
($3.0B)
($2.8B)
($2.4B)
Financial income and expense from cash & cash equivalents
$1.1B
$1.8B
$1.8B
$1.1B
Cost of net debt
($2.1B)
($1.2B)
($1.0B)
($1.2B)
Other financial income
$1.4B
$1.4B
$1.3B
$896.0M
Other financial expense
($881.0M)
($835.0M)
($731.0M)
($533.0M)
Net income (loss) from equity affiliates
$2.6B
$1.6B
$1.8B
($1.9B)
Income taxes
($9.1B)
($10.8B)
($13.3B)
($22.2B)
CONSOLIDATED NET INCOME
$13.4B
$16.0B
$21.5B
$21.0B
TotalEnergies share
$13.1B
$15.8B
$21.4B
$20.5B
Non-controlling interests
$230.0M
$273.0M
$126.0M
$518.0M
Earnings per share (in dollars or Euros per share)
$5.84
$6.74
$8.72
$7.91
Fully-diluted earnings per share (in dollars or Euros per share)
$5.78
$6.69
$8.67
$7.85
TotalEnergies SE income statement, quarters
Line item
Jun 30, 2026 · YTD
Jun 30, 2025 · YTD
Jun 30, 2024 · YTD
Jun 30, 2023 · YTD
Sales
$115.9B
$101.9B
$110.0B
$118.9B
Excise taxes
($9.3B)
($9.3B)
($9.0B)
($9.1B)
Revenues from sales
$106.6B
$92.6B
$101.1B
$109.8B
Purchases, net of inventory variation
($65.7B)
($60.0B)
($65.9B)
($72.2B)
Other operating expenses
($16.7B)
($15.4B)
($15.4B)
($15.7B)
Exploration costs
($228.0M)
($178.0M)
($185.0M)
($154.0M)
Depreciation, depletion and impairment of tangible assets and mineral interests
($6.3B)
($6.3B)
($5.9B)
($6.2B)
Other income
$801.0M
$791.0M
$1.8B
$457.0M
Other expenses
($1.5B)
($578.0M)
($566.0M)
($666.0M)
Financial interest on debt
($1.6B)
($1.5B)
($1.4B)
($1.4B)
Financial income and expense from cash & cash equivalents
$467.0M
$617.0M
$880.0M
$903.0M
Cost of net debt
($1.1B)
($924.0M)
($553.0M)
($531.0M)
Other financial income
$776.0M
$747.0M
$765.0M
$671.0M
Other financial expense
($407.0M)
($452.0M)
($428.0M)
($356.0M)
Net income (loss) from equity affiliates
$2.1B
$1.2B
$645.0M
$1.2B
Income taxes
($6.9B)
($4.8B)
($5.7B)
($6.6B)
CONSOLIDATED NET INCOME
$11.4B
$6.7B
$9.7B
$9.8B
TotalEnergies share
$11.2B
$6.5B
$9.5B
$9.6B
Non-controlling interests
$159.0M
$129.0M
$143.0M
$138.0M
Earnings per share (in dollars or Euros per share)
$5.11
$2.88
$4.04
$3.88
Diluted earnings per share (in dollars or Euros per share)
$5.06
$2.85
$4.02
$3.86
Balance sheet
TotalEnergies SE balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Intangible assets, net
$37.3B
$34.2B
$33.1B
$31.9B
Property, plant and equipment, net
$114.7B
$109.1B
$108.9B
$107.1B
Equity affiliates: investments and loans
$38.1B
$34.4B
$30.5B
$27.9B
Other investments
$1.9B
$1.7B
$1.5B
$1.1B
Non-current financial assets
$3.3B
$2.3B
$2.4B
$2.7B
Deferred income taxes
$3.4B
$3.2B
$3.4B
$5.0B
Other non-current assets
$2.9B
$4.0B
$4.3B
$2.4B
Total non-current assets
$201.6B
$188.9B
$184.1B
$178.1B
Inventories, net
$16.7B
$18.9B
$19.3B
$22.9B
Accounts receivable, net
$18.6B
$19.3B
$23.4B
$24.4B
Other current assets
$20.4B
$23.7B
$20.8B
$36.1B
Current financial assets
$3.3B
$6.9B
$6.6B
$8.7B
Cash and cash equivalents
$26.2B
$25.8B
$27.3B
$33.0B
Assets classified as held for sale
$4.3B
$2.0B
$2.1B
$568.0M
Total current assets
$89.5B
$96.6B
$99.5B
$125.7B
TOTAL ASSETS
$291.1B
$285.5B
$283.7B
$303.9B
Common shares
5.5B
6.0B
6.0B
6.5B
Paid-in surplus and retained earnings
$125.9B
$135.5B
$126.9B
$124.0B
Currency translation adjustment
($14.0B)
($15.3B)
($13.7B)
($12.8B)
Treasury shares
-4.0B
-10.0B
-4.0B
-7.6B
Total shareholders' equity - TotalEnergies share
$114.9B
$117.9B
$116.8B
$111.7B
Non-controlling interests
$2.6B
$2.4B
$2.7B
$2.8B
Total shareholders' equity
$117.5B
$120.3B
$119.5B
$114.6B
Deferred income taxes
$12.6B
$12.1B
$11.7B
$11.0B
Employee benefits
$2.0B
$1.8B
$2.0B
$1.8B
Provisions and other non-current liabilities
$17.3B
$19.9B
$21.3B
$21.4B
Non-current financial debt
$49.0B
$43.5B
$40.5B
$45.3B
Total non-current liabilities
$81.0B
$77.3B
$75.4B
$79.5B
Accounts payable
$38.1B
$39.9B
$41.3B
$41.3B
Other creditors and accrued liabilities
$36.3B
$36.0B
$36.7B
$52.3B
Current borrowings
$12.0B
$10.0B
$9.6B
$15.5B
Other current financial liabilities
$388.0M
$664.0M
$446.0M
$488.0M
Liabilities directly associated with the assets classified as held for sale
$5.7B
$1.4B
$687.0M
$167.0M
Total current liabilities
$92.6B
$88.0B
$88.8B
$109.8B
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY
$291.1B
$285.5B
$283.7B
$303.9B
TotalEnergies SE balance sheet, quarters
Line item
Jun 30, 2026
Jun 30, 2025
Jun 30, 2024
Jun 30, 2023
Intangible assets, net
$35.6B
$36.7B
$33.5B
$31.7B
Property, plant and equipment, net
$117.9B
$116.2B
$109.4B
$104.2B
Equity affiliates: investments and loans
$44.7B
$36.7B
$32.8B
$30.4B
Other investments
$2.1B
$2.2B
$1.7B
$1.2B
Non-current financial assets
$2.7B
$2.7B
$2.5B
$2.5B
Deferred income taxes
$2.9B
$3.5B
$3.6B
$3.6B
Other non-current assets
$2.6B
$4.1B
$4.2B
$2.6B
Total non-current assets
$208.5B
$202.0B
$187.7B
$176.2B
Inventories, net
$21.4B
$17.3B
$20.2B
$18.8B
Accounts receivables, net
$21.2B
$21.3B
$20.6B
$22.2B
Other current assets
$29.0B
$24.2B
$20.0B
$23.1B
Current financial assets
$4.0B
$5.2B
$6.8B
$6.7B
Cash and cash equivalents
$27.7B
$20.4B
$23.2B
$25.6B
Assets classified as held for sale
$2.0B
$2.5B
$912.0M
$8.4B
Total current assets
$105.3B
$90.8B
$91.8B
$104.8B
TOTAL ASSETS
$313.8B
$292.8B
$279.5B
$281.0B
Common shares
7.3B
7.3B
7.6B
7.8B
Paid-in surplus and retained earnings
$139.9B
$128.1B
$130.7B
$123.5B
Currency translation adjustment
($14.1B)
($13.6B)
($14.4B)
($12.9B)
Treasury shares
-4.6B
-5.2B
-6.5B
-4.8B
Total shareholders' equity - TotalEnergies share
$128.4B
$116.6B
$117.4B
$113.7B
Non-controlling interests
$2.5B
$2.4B
$2.6B
$2.8B
Total shareholders' equity
$131.0B
$119.0B
$120.0B
$116.5B
Deferred income taxes
$13.3B
$12.7B
$12.5B
$11.2B
Employee benefits
$2.0B
$2.0B
$1.8B
$1.9B
Provisions and other non-current liabilities
$18.7B
$20.3B
$20.3B
$21.3B
Non-current financial debt
$49.5B
$47.6B
$42.5B
$40.4B
Total non-current liabilities
$83.6B
$82.6B
$77.1B
$74.8B
Accounts payable
$41.4B
$39.3B
$36.4B
$32.9B
Other creditors and accrued liabilities
$43.1B
$34.7B
$33.4B
$38.6B
Current borrowings
$13.2B
$14.6B
$11.3B
$15.5B
Other current financial liabilities
$209.0M
$861.0M
$461.0M
$443.0M
Liabilities directly associated with the assets classified as held for sale
$1.3B
$1.8B
$737.0M
$2.3B
Total current liabilities
$99.2B
$91.2B
$82.4B
$89.7B
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY
$313.8B
$292.8B
$279.5B
$281.0B
Cash flow statement
TotalEnergies SE cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Consolidated net income
$13.4B
$16.0B
$21.5B
$21.0B
Depreciation, depletion, amortization and impairment
$13.8B
$13.1B
$13.8B
$13.7B
Non-current liabilities, valuation allowances, and deferred taxes
$924.0M
$190.0M
$813.0M
$4.6B
(Gains) losses on disposals of assets
($1.6B)
($1.5B)
($3.5B)
$369.0M
Undistributed affiliates' equity earnings
($923.0M)
$124.0M
$649.0M
$6.1B
(Increase) decrease in working capital
$1.3B
$2.4B
$6.1B
$1.2B
Other changes, net
$422.0M
$535.0M
$1.3B
$432.0M
Cash flow from operating activities
$27.3B
$30.9B
$40.7B
$47.4B
Intangible assets and property, plant and equipment additions
($17.0B)
($14.9B)
($17.7B)
($15.7B)
Acquisitions of subsidiaries, net of cash acquired
($2.0B)
($2.4B)
($1.8B)
($94.0M)
Investments in equity affiliates and other securities
($1.3B)
($2.1B)
($3.5B)
($3.0B)
Increase in non-current loans
($2.0B)
($2.3B)
($1.9B)
($976.0M)
Total expenditures
($22.2B)
($21.8B)
($24.9B)
($19.8B)
Proceeds from disposals of intangible assets and property, plant and equipment
$1.7B
$727.0M
$3.8B
$540.0M
Proceeds from disposals of subsidiaries, net of cash sold
$855.0M
$2.2B
$3.6B
$835.0M
Proceeds from disposals of non-current investments
$329.0M
$347.0M
$490.0M
$577.0M
Repayment of non-current loans
$1.2B
$1.2B
$566.0M
$2.7B
Total divestments
$4.1B
$4.4B
$8.4B
$4.7B
Cash flow used in investing activities
($18.1B)
($17.3B)
($16.5B)
($15.1B)
Issuance (repayment) of shares: Parent company shareholders
492.0M
521.0M
383.0M
370.0M
Issuance (repayment) of shares: Treasury shares
-7.7B
-8.0B
-9.2B
-7.7B
Dividends paid: Parent company shareholders
($8.1B)
($7.7B)
($7.5B)
($10.0B)
Dividends paid: Non-controlling interests
($482.0M)
($322.0M)
($311.0M)
($536.0M)
Net issuance of perpetual subordinated notes
($1.1B)
($457.0M)
($1.1B)
—
Payments on perpetual subordinated notes
($303.0M)
($314.0M)
($314.0M)
($339.0M)
Other transactions with non-controlling interests
$285.0M
($67.0M)
($126.0M)
($49.0M)
Net issuance (repayment) of non-current debt
$8.0B
$7.5B
$130.0M
$1.1B
Increase (decrease) in current borrowings
($4.2B)
($5.1B)
($14.3B)
($6.1B)
Increase (decrease) in current financial assets and liabilities
$3.2B
($464.0M)
$2.6B
$3.9B
Cash flow from / (used in) financing activities
($9.9B)
($14.4B)
($29.7B)
($19.3B)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
($722.0M)
($903.0M)
($5.5B)
$13.0B
Effect of exchange rates
$1.1B
($516.0M)
($258.0M)
($1.3B)
Cash and cash equivalents at the beginning of the period
$25.8B
$27.3B
$33.0B
$21.3B
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD
$26.2B
$25.8B
$27.3B
$33.0B
TotalEnergies SE cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Jun 30, 2025 · YTD
Jun 30, 2024 · YTD
Jun 30, 2023 · YTD
Consolidated net income
$11.4B
$6.7B
$9.7B
$9.8B
Depreciation, depletion, amortization and impairment
$7.2B
$6.4B
$6.1B
$6.4B
Non-current liabilities, valuation allowances, and deferred taxes
$1.2B
$336.0M
$239.0M
$395.0M
(Gains) losses on disposals of assets
($586.0M)
($310.0M)
($1.4B)
($322.0M)
Undistributed affiliates' equity earnings
($252.0M)
($525.0M)
$38.0M
$34.0M
(Increase) decrease in working capital
($5.3B)
($4.2B)
($3.7B)
($1.3B)
Other changes, net
$519.0M
$92.0M
$233.0M
$55.0M
Cash flow from operating activities
$14.2B
$8.5B
$11.2B
$15.0B
Intangible assets and property, plant and equipment additions
($8.9B)
($9.0B)
($7.1B)
($8.8B)
Acquisitions of subsidiaries, net of cash acquired
($85.0M)
($1.9B)
($1.0B)
($155.0M)
Investments in equity affiliates and other securities
($782.0M)
($730.0M)
($969.0M)
($1.9B)
Increase in non-current loans
($753.0M)
($993.0M)
($1.2B)
($755.0M)
Total expenditures
($10.5B)
($12.6B)
($10.3B)
($11.7B)
Proceeds from disposals of intangible assets and property, plant and equipment
$681.0M
$370.0M
$381.0M
$99.0M
Proceeds from disposals of subsidiaries, net of cash sold
$532.0M
$271.0M
$1.4B
$221.0M
Proceeds from disposals of non-current investments
$273.0M
$16.0M
$90.0M
$182.0M
Repayment of non-current loans
$1.4B
$419.0M
$330.0M
$340.0M
Total divestments
$2.9B
$1.1B
$2.2B
$842.0M
Cash flow used in investing activities
($7.6B)
($11.5B)
($8.0B)
($10.8B)
Issuance (repayment) of shares: Parent company shareholders
363.0M
492.0M
521.0M
383.0M
Issuance (repayment) of shares: Treasury shares
-2.3B
-3.9B
-4.0B
-4.1B
Dividends paid: Parent company shareholders
($4.2B)
($3.7B)
($3.8B)
($3.7B)
Dividends paid: Non-controlling interests
($175.0M)
($312.0M)
($133.0M)
($126.0M)
Net issuance (repayment) of perpetual subordinated notes
$1.8B
($1.1B)
($1.6B)
($1.1B)
Payments on perpetual subordinated notes
($194.0M)
($155.0M)
($209.0M)
($238.0M)
Other transactions with non-controlling interests
($53.0M)
($51.0M)
($36.0M)
($99.0M)
Net issuance (repayment) of non-current debt
$3.7B
$3.7B
$4.4B
$104.0M
Increase (decrease) in current borrowings
($3.3B)
($206.0M)
($1.9B)
($5.4B)
Increase (decrease) in current financial assets and liabilities
($342.0M)
$2.0B
($259.0M)
$2.4B
Cash flow / (used in) financing activities
($4.8B)
($3.3B)
($7.1B)
($11.8B)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
$1.9B
($6.3B)
($3.9B)
($7.7B)
Effect of exchange rates
($393.0M)
$833.0M
($140.0M)
$197.0M
Cash and cash equivalents at the beginning of the period
$26.2B
$25.8B
$27.3B
$33.0B
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD