Trio Petroleum (TPET) Net Income (2022 - 2026)
Trio Petroleum's (TPET) quarterly Net Income came in at -$1.4 million in Q2 2026, up 12.56% YoY from -$1.2 million in Q2 2025, and down 35.03% on a QoQ basis from -$1.0 million in Q1 2026.
Trio Petroleum (TPET) Net Income (2022 - 2026) Analysis & Trends
Trio Petroleum (TPET) has 5 years of Net Income data on file, last reported at -$1.4 million in Q2 2026.
- Quarterly Net Income rose 12.56% year-over-year to -$1.4 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$6.5 million (up 8.15% YoY) and the FY2025 annual result came in at -$7.3 million, up 24.36% from the prior year.
- Net Income eased to -$1.4 million in Q2 2026, from -$1.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of -$708150.0 in Q3 2022 to a low of -$4.0 million in Q2 2024.
- A 5-year average of -$1.7 million and a median of -$1.6 million in 2025 frame the typical range for Net Income.
- Annual changes were most pronounced in 2023 — Net Income plunged 206.52% — and 2025, when it soared 61.35%.
- Tracing TPET's Net Income over 5 years: stood at -$715035.0 in 2022, then tumbled by 84.55% to -$1.3 million in 2023, then slipped by 28.85% to -$1.7 million in 2024, then plunged by 59.75% to -$2.7 million in 2025, then jumped by 49.66% to -$1.4 million in 2026.
- The last three Net Income figures came in at -$1.4 million (Q2 2026), -$1.0 million (Q1 2026), and -$2.7 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 3.93 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 3.48 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 2.72 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 2.06 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 2.17 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.64 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 3.00 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 281.45 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 153.93 Mn |
| 10 | Trio Petroleum | 5.78 Mn | -16.32 Mn | -106,063.00 | -1.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -1.37 Mn |
| Jan 31, 2026 | -1.01 Mn |
| Oct 31, 2025 | -2.72 Mn |
| Jul 31, 2025 | -1.39 Mn |
| Apr 30, 2025 | -1.56 Mn |
| Jan 31, 2025 | -1.62 Mn |
| Oct 31, 2024 | -1.70 Mn |
| Jul 31, 2024 | -2.18 Mn |
| Apr 30, 2024 | -4.05 Mn |
| Jan 31, 2024 | -1.70 Mn |
| Oct 31, 2023 | -1.32 Mn |
| Jul 31, 2023 | -2.17 Mn |
| Apr 30, 2023 | -2.24 Mn |
| Jan 31, 2023 | -818,281.00 |
| Oct 31, 2022 | -715,035.00 |
| Jul 31, 2022 | -708,150.00 |
| Apr 30, 2022 | -1.99 Mn |