Trio Petroleum (TPET) Operating Expenses (2022 - 2026)

Trio Petroleum has reported Operating Expenses for 5 years, with the latest figure at $858183.0 in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 30.07% year-over-year to $858183.0; the trailing twelve-month figure through Jan 2026 stood at $5.1 million (down 17.42% YoY), and the FY2025 full-year result was $5.5 million, down 14.55% from the prior year.
• Operating Expenses for Q1 2026 stood at $858183.0, down from $2.6 million in the prior quarter.
• The five-year high for Operating Expenses was $2.6 million in Q4 2025, with the low at $89710.0 in Q4 2022.
• Historically, Operating Expenses has averaged $1.1 million across 5 years, with a median of $1.1 million in 2023.
• Annual changes were most pronounced in 2023 — Operating Expenses jumped 1320.92% — and 2025, when it sank 56.32%.
• Trio Petroleum's Operating Expenses stood at $89710.0 in 2022, then jumped by 1320.92% to $1.3 million in 2023, then grew by 8.7% to $1.4 million in 2024, then surged by 88.8% to $2.6 million in 2025, then tumbled by 67.19% to $858183.0 in 2026.
• The last three Operating Expenses figures came in at $858183.0 (Q1 2026), $2.6 million (Q4 2025), and $768932.0 (Q3 2025), per Business Quant data.