Trio Petroleum (TPET) Net Income (2022 - 2026)

Trio Petroleum (TPET) reported Net Income of -$1.0 million for Q1 2026, up 37.32% on a YoY basis from -$737428.8 in Q1 2025, and up 62.72% quarter-over-quarter from -$2.7 million in Q4 2025.

Trio Petroleum (TPET) Net Income (2022 - 2026) Analysis & Trends

Trio Petroleum has reported Net Income for 5 years, with the latest figure at -$1.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income rose 37.32% year-over-year to -$1.0 million; the trailing twelve-month figure through Jan 2026 stood at -$6.7 million (up 29.99% YoY), and the FY2025 full-year result was -$7.3 million, up 24.36% from the prior year.
  • Net Income for Q1 2026 stood at -$1.0 million, up from -$2.7 million in the prior quarter.
  • The five-year high for Net Income was -$708150.0 in Q3 2022, with the low at -$4.0 million in Q2 2024.
  • Historically, Net Income has averaged -$1.7 million across 5 years, with a median of -$1.7 million in 2024.
  • Annual changes were most pronounced in 2023 — Net Income plunged 206.52% — and 2025, when it soared 61.35%.
  • Trio Petroleum's Net Income 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 soared by 62.72% to -$1.0 million in 2026.
  • The last three Net Income figures came in at -$1.0 million (Q1 2026), -$2.7 million (Q4 2025), and -$1.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 1.10 Bn
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 856.82 Mn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.18 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 1.98 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 3.12 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 144.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 179.35 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 1.55 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -3.16 Bn
10 Trio Petroleum 3.73 Mn 3.05 Mn 53,791.00 -1.01 Mn

Historic Data

Download Data
DateValue
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