HighPeak Energy (HPK) Gross Margin (2019 - 2026)

HighPeak Energy (HPK) recorded quarterly Gross Margin of 94.49% in Q1 2026, down 5.66% quarter-over-quarter from 100.15% in Q4 2025, and up 5.0% on a YoY basis from 89.99% in Q1 2025.

HighPeak Energy (HPK) Gross Margin (2019 - 2026) Analysis & Trends

HighPeak Energy's Gross Margin history runs 8 years deep, the most recent figure standing at 94.49% for Q1 2026.

  • In Q1 2026, Gross Margin rose 5.0% year-over-year to 94.49%; the TTM figure through Mar 2026 stood at 96.1% (up 150.0% YoY), while the FY2025 annual figure was 95.69%, up 103.0% from the prior year.
  • Gross Margin was 94.49% for Q1 2026 at HighPeak Energy, down from 100.15% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 100.15% in Q4 2025 to a low of 94.33% in Q2 2024.
  • Historically, Gross Margin has averaged 95.06% across 5 years, with a median of 94.7% in 2025.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin plunged 140 bps in 2022, then surged 485 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 95.11% in 2022, then grew by 1 bps to 95.61% in 2023, then slipped by 0 bps to 95.3% in 2024, then advanced by 5 bps to 100.15% in 2025, then fell by 6 bps to 94.49% in 2026.
  • The last three Gross Margin figures came in at 94.49% (Q1 2026), 100.15% (Q4 2025), and 94.7% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Woodside Energy 669.86 Bn 663.92 Bn - -
2 Canadian Natural Resources 393.48 Bn 393.48 Bn 6.72 Bn 85.25%
3 Conocophillips 143.01 Bn 136.64 Bn 9.48 Bn 60.14%
4 Eog Resources 72.59 Bn 68.74 Bn - -
5 Occidental Petroleum 55.93 Bn 52.75 Bn 4.87 Bn 93.19%
6 Diamondback Energy 54.41 Bn 60.57 Bn 4.22 Bn 99.43%
7 Vista Energy, S.A.B. de C.V 35.45 Bn 34.84 Bn 472.36 Mn 54.61%
8 Eqt 32.44 Bn 35.79 Bn 2.98 Bn 88.15%
9 Vermilion Energy 31.35 Bn 31.16 Bn 370.10 Mn 98.87%
10 HighPeak Energy 987.09 Mn 883.45 Mn 203.99 Mn 94.49%

Historic Data

Download Data
DateValue
Mar 31, 2026 94.49%
Dec 31, 2025 100.15%
Sep 30, 2025 94.70%
Jun 30, 2025 94.70%
Mar 31, 2025 94.44%
Dec 31, 2024 95.30%
Sep 30, 2024 94.33%
Jun 30, 2024 94.33%
Mar 31, 2024 95.00%
Dec 31, 2023 95.61%
Sep 30, 2023 94.55%
Jun 30, 2023 94.49%
Mar 31, 2023 94.51%
Dec 31, 2022 95.11%
Sep 30, 2022 94.84%
Jun 30, 2022 94.89%
Mar 31, 2022 94.57%
Dec 31, 2021 95.18%
Sep 30, 2021 96.24%
Jun 30, 2021 94.73%