Trio Petroleum (TPET) Gross Margin (2024 - 2026)
Trio Petroleum (TPET) posted Gross Margin of 50.93% for Q2 2026, down 215.69% on a QoQ basis from 44.02% in Q1 2026, and down 11113.0% year-over-year from N/an in Q2 2025.
Trio Petroleum (TPET) Gross Margin (2024 - 2026) Analysis & Trends
Trio Petroleum's Gross Margin history runs 3 years deep, the most recent figure standing at 50.93% for Q2 2026.
- Quarterly Gross Margin fell 11113.0% year-over-year to 50.93% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 20.99% (down 7370.0% YoY) and the FY2025 annual result came in at 55.93%, down 4407.0% from the prior year.
- Gross Margin was 50.93% for Q2 2026 at Trio Petroleum, down from 44.02% in the prior quarter.
- Across five years, Gross Margin topped out at 100.0% in Q2 2024 and bottomed at 50.93% in Q2 2026.
- A 3-year average of 62.52% and a median of 60.54% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2025 — Gross Margin sank 3946 bps — and 2026, when it plunged 11113 bps.
- Trio Petroleum's Gross Margin stood at 100.0% in 2024, then plunged by 39 bps to 60.54% in 2025, then sank by 184 bps to 50.93% in 2026.
- Business Quant data shows TPET's Gross Margin at 50.93% in Q2 2026, 44.02% in Q1 2026, and 60.54% in Q4 2025.
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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 | Trio Petroleum | 7.51 Mn | -14.59 Mn | -106,063.00 | -50.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -50.93% |
| Jan 31, 2026 | 44.02% |
| Oct 31, 2025 | 60.54% |
| Jul 31, 2025 | 48.81% |
| Apr 30, 2025 | 60.20% |
| Jan 31, 2025 | 100.00% |
| Oct 31, 2024 | 100.00% |
| Jul 31, 2024 | 100.00% |
| Apr 30, 2024 | 100.00% |