Gran Tierra Energy (GTE) Gross Margin (2009 - 2026)
Gran Tierra Energy (GTE) posted Gross Margin of 61.86% for Q3 2026, up 7.54 percentage points from 54.33% a year earlier but down 10.59 percentage points from the prior quarter.
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Analysis
Gran Tierra Energy (GTE) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at Gran Tierra Energy was 63.53%, up 4.51 percentage points year-over-year; for FY2025, it came in at 58.31%, down 9.15 percentage points from FY2024.
- Annual Gross Margin has declined for three consecutive years, though with a five-year change of +6.40 percentage points (FY2020 to FY2025).
- In prior years, Gran Tierra Energy's Gross Margin was 67.46% in FY2024 (-3.20 pp), 70.66% in FY2023 (-6.51 pp), 77.17% in FY2022 (+5.82 pp) and 71.35% in FY2021 (+19.44 pp).
- Quarterly Gross Margin has run from a low of 54.33% in Q3 2025 to a high of 97.45% in Q4 2023 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last three quarters, with an average year-over-year change of -7.07 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2023, with a gain of 25.81 percentage points; the weakest was Q4 2024, with a drop of 38.71 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 72.45% (Q2 2026), 61.55% (Q1 2026) and 55.45% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 41.92% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 46.11% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 47.31% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 62.99% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 13.53% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 83.69% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 20.76% |
| 10 | Gran Tierra Energy | 335.77 Mn | -139.71 Mn | 104.12 Mn | 61.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 61.86% |
| Jun 30, 2026 | 72.45% |
| Mar 31, 2026 | 61.55% |
| Dec 31, 2025 | 55.45% |
| Sep 30, 2025 | 54.33% |
| Jun 30, 2025 | 62.77% |
| Mar 31, 2025 | 60.11% |
| Dec 31, 2024 | 58.74% |
| Sep 30, 2024 | 69.57% |
| Jun 30, 2024 | 71.60% |
| Mar 31, 2024 | 69.24% |
| Dec 31, 2023 | 97.45% |
| Sep 30, 2023 | 72.56% |
| Jun 30, 2023 | 69.29% |
| Mar 31, 2023 | 71.31% |
| Dec 31, 2022 | 71.64% |
| Sep 30, 2022 | 75.16% |
| Jun 30, 2022 | 80.81% |
| Mar 31, 2022 | 79.99% |
| Dec 31, 2021 | 72.41% |
API Access
Gran Tierra Energy Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GTE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GTE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GTE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();