Growth Metrics

Trio Petroleum (TPET) Operating Expenses (2024 - 2026)

Trio Petroleum's Operating Expenses history spans 3 years, with the latest figure at $858183.0 for Q1 2026.

  • For Q1 2026, Operating Expenses fell 30.07% year-over-year to $858183.0; the TTM value through Jan 2026 reached $5.1 million, down 17.42%, while the annual FY2025 figure was $5.5 million, 14.55% down from the prior year.
  • Operating Expenses reached $858183.0 in Q1 2026 per TPET's latest filing, down from $2.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $2.6 million in Q4 2025 to a low of $768932.0 in Q3 2025.
  • Average Operating Expenses over 3 years is $1.4 million, with a median of $1.4 million recorded in 2024.
  • The largest YoY upside for Operating Expenses was 88.8% in 2025 against a maximum downside of 56.32% in 2025.
  • A 3-year view of Operating Expenses shows it stood at $1.4 million in 2024, then skyrocketed by 88.8% to $2.6 million in 2025, then crashed by 67.19% to $858183.0 in 2026.
  • Per Business Quant, the three most recent readings for TPET's Operating Expenses are $858183.0 (Q1 2026), $2.6 million (Q4 2025), and $768932.0 (Q3 2025).