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| Date | Value |
|---|---|
| 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 |