TotalEnergies SE (TTE) Earnings
TotalEnergies SE is expected to report next earnings on July 23, 2026 (in NaN days), with a consensus EPS estimate of $2.95. TTE has beaten EPS estimates in 4 of its last 12 reported quarters (average surprise +3.5% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 29, 2026 | $1.99 | $2.45 | +23.1% | $49.5B | +11.1% |
| Feb 11, 2026 | $1.80 | $1.73 | -3.9% | $46.3B | +23.4% |
| Oct 30, 2025 | $1.81 | $1.77 | -2.2% | $43.6B | +33.8% |
| Jul 24, 2025 | $1.62 | $1.57 | -3.1% | $45.2B | +3.6% |
| Apr 30, 2025 | $1.88 | $1.83 | -2.7% | $47.9B | +30.0% |
| Feb 5, 2025 | $1.74 | $1.90 | +9.2% | $47.1B | +10.3% |
| Oct 31, 2024 | $1.96 | $1.74 | -11.2% | $47.4B | +2.6% |
| Jul 25, 2024 | $2.09 | $1.98 | -5.3% | $49.2B | +1.1% |
| Apr 26, 2024 | $2.06 | $2.14 | +3.9% | $51.9B | +1.5% |
| Feb 7, 2024 | $2.24 | $2.16 | -3.6% | $54.8B | +20.8% |
| Oct 26, 2023 | $2.59 | $2.65 | +2.3% | $54.4B | +2.3% |
| Jul 27, 2023 | $2.23 | $1.99 | -10.8% | $51.5B | -0.8% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 29, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Offshore wind: Concentrate on UK, Germany, France as they have limited onshore renewables space, offshore wind needs to be big to be profitable, exiting small unprofitable projects in Denmark. • Battery storage: Necessary for renewables to avoid curtailment and grid management, cost of batteries has decreased, company investing in batteries in Germany, acquired SAFT which is strong in energy storage systems and sees potential for further cost reduction.
Guidance
• Demonstrated strength of the model. • Share of TotalEnergies since listing on NYSE has overperformed peers. • Hopes results will help maintain share performance and attract more shareholders.
Segment performance
Discussed offshore wind focusing on certain markets like UK, Germany, France as they have limited onshore space and offshore wind needs to be big to be profitable, exiting small projects in Denmark; Also mentioned battery storage is necessary for renewables, company investing in batteries in Germany with SAFT being strong in energy storage systems.
Risks & headwinds
• Dislocation between physical and paper markets in refining indicators, with differences between realized refining margin and headline margin indicator, doubts about consistency of refining indicators.
Analyst Q&A
Q: About battery storage growth in Europe, role of Total and SAFT;
A: Battery storage necessary for renewables, cost of batteries decreased, company investing in Germany with acquired company and SAFT strong in energy storage.
Q: On refining margin dislocation;
A: Realized refining margin in first quarter around 10.5% vs indicator around 11.4%, April ERM around $25 vs realized margin on variable cost around $21.5, dislocations between paper and physical markets in refining