Talos Energy (TALO) Gross Margin (2017 - 2026)
Talos Energy's (TALO) quarterly Gross Margin came in at 72.68% in Q1 2026, down 241.0% year-on-year from 51.55% in Q1 2025, and up 16.83% quarter-over-quarter from 62.21% in Q4 2025.
Talos Energy (TALO) Gross Margin (2017 - 2026) Analysis & Trends
Talos Energy's Gross Margin history runs 10 years deep, the most recent figure standing at 72.68% for Q1 2026.
- On a quarterly basis, Gross Margin fell 241.0% year-over-year to 72.68% in Q1 2026; TTM through Mar 2026 was 68.5%, a 434.0% decrease from a year earlier, with the FY2025 full-year figure at 69.29%, down 203.0% from the prior year.
- Gross Margin climbed to 72.68% in Q1 2026 per TALO's latest filing, from 62.21% in the prior quarter.
- Across five years, Gross Margin topped out at 83.13% in Q2 2022 and bottomed at 62.21% in Q4 2025.
- The 5-year median for Gross Margin is 72.83% (2023), against an average of 72.8%.
- Across the five-year window, Gross Margin surged 683 bps in 2022 and sank 1507 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 76.93% in 2022, then decreased by 5 bps to 73.1% in 2023, then grew by 6 bps to 77.29% in 2024, then retreated by 20 bps to 62.21% in 2025, then gained by 17 bps to 72.68% in 2026.
- Per Business Quant, the three latest TALO Gross Margin figures stand at 72.68% (Q1 2026), 62.21% (Q4 2025), and 70.29% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 60.14% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 99.43% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 89.26% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 93.19% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 78.73% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 80.17% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 95.79% |
| 10 | Talos Energy | 2.38 Bn | 1.98 Bn | 343.28 Mn | 72.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.68% |
| Dec 31, 2025 | 62.21% |
| Sep 30, 2025 | 70.29% |
| Jun 30, 2025 | 67.75% |
| Mar 31, 2025 | 75.09% |
| Dec 31, 2024 | 77.29% |
| Sep 30, 2024 | 67.93% |
| Jun 30, 2024 | 71.35% |
| Mar 31, 2024 | 68.56% |
| Dec 31, 2023 | 73.10% |
| Sep 30, 2023 | 72.97% |
| Jun 30, 2023 | 72.45% |
| Mar 31, 2023 | 74.78% |
| Dec 31, 2022 | 76.93% |
| Sep 30, 2022 | 78.32% |
| Jun 30, 2022 | 83.13% |
| Dec 31, 2021 | 80.43% |
| Sep 30, 2021 | 75.93% |
| Jun 30, 2021 | 76.29% |
| Mar 31, 2021 | 75.04% |