Trio Petroleum (TPET) Gross Margin (2024 - 2026)
Trio Petroleum (TPET) reported Gross Margin of 44.02% for Q1 2026, down 5598.0% on a YoY basis from 0.8% in Q1 2025, and down 27.28% quarter-over-quarter from 60.54% in Q4 2025.
Trio Petroleum (TPET) Gross Margin (2024 - 2026) Analysis & Trends
Trio Petroleum has reported Gross Margin for 3 years, with the latest figure at 44.02% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 5598.0% year-over-year to 44.02%; the trailing twelve-month figure through Jan 2026 stood at 52.14% (down 4786.0% YoY), and the FY2025 full-year result was 55.93%, down 4407.0% from the prior year.
- Gross Margin for Q1 2026 stood at 44.02%, down from 60.54% in the prior quarter.
- The five-year high for Gross Margin was 100.0% in Q2 2024, with the low at 44.02% in Q1 2026.
- Historically, Gross Margin has averaged 76.7% across 3 years, with a median of 80.27% in 2024.
- Annual changes were most pronounced in 2025 — Gross Margin slumped 3946 bps — and 2026, when it slumped 5598 bps.
- Trio Petroleum's Gross Margin stood at 100.0% in 2024, then slumped by 39 bps to 60.54% in 2025, then decreased by 27 bps to 44.02% in 2026.
- The last three Gross Margin figures came in at 44.02% (Q1 2026), 60.54% (Q4 2025), and 48.81% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 85.25% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 60.14% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 93.19% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 99.43% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 54.61% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 88.15% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 98.87% |
| 10 | Trio Petroleum | 3.73 Mn | 3.05 Mn | 53,791.00 | 44.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |