Trio Petroleum (TPET) Gross Margin (2024 - 2026)
Trio Petroleum's (TPET) quarterly Gross Margin came in at 50.93% in Q2 2026, down 11113.0% YoY from N/an in Q2 2025, and down 215.69% on a QoQ basis from 44.02% in Q1 2026.
Trio Petroleum (TPET) Gross Margin (2024 - 2026) Analysis & Trends
Trio Petroleum (TPET) has 3 years of Gross Margin data on file, last reported at 50.93% in 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 slipped to 50.93% in Q2 2026, from 44.02% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.0% in Q2 2024 to a low of 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 slumped 3946 bps — and 2026, when it sank 11113 bps.
- Tracing TPET's Gross Margin over 3 years: stood at 100.0% in 2024, then slumped by 39 bps to 60.54% in 2025, then tumbled by 184 bps to 50.93% in 2026.
- The last three Gross Margin figures came in at 50.93% (Q2 2026), 44.02% (Q1 2026), and 60.54% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.37 Bn | 156.68 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 106.66 Bn | 104.77 Bn | 10.66 Bn | 85.63% |
| 3 | Eog Resources | 80.30 Bn | 75.39 Bn | - | - |
| 4 | Diamondback Energy | 59.36 Bn | 58.90 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 46.21 Bn | 45.20 Bn | 6.02 Bn | 81.22% |
| 6 | Woodside Energy | 46.12 Bn | 40.18 Bn | 6.02 Bn | 91.41% |
| 7 | Occidental Petroleum | 39.12 Bn | 34.97 Bn | 7.73 Bn | 95.88% |
| 8 | Eqt | 33.70 Bn | 33.58 Bn | 1.42 Bn | 78.73% |
| 9 | Texas Pacific Land | 26.01 Bn | 25.76 Bn | - | - |
| 10 | Trio Petroleum | 5.75 Mn | -16.35 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% |