TotalEnergies has reported an adjusted net profit of $5.4 billion for the first quarter of 2026, reflecting a strong performance compared to the same period last year.

The result represents a significant increase from the previous year and came in above market expectations, which were around $5 billion. The company said the performance was supported by improved trading conditions and strong results across its business segments.

As part of its financial update, the energy firm also announced higher returns to shareholders, including an increase in dividend payments and expanded share buyback plans.

The earnings come amid a period of rising global energy activity, with oil demand and production both increasing in recent months, according to industry data.