Trio Petroleum (TPET) Operating Income (2022 - 2026)
Trio Petroleum (TPET) posted Operating Income of -$1.4 million for Q2 2026, down 74.62% on a QoQ basis from -$804392.0 in Q1 2026, and down 61.64% year-over-year from -$3.7 million in Q2 2025.
Trio Petroleum (TPET) Operating Income (2022 - 2026) Analysis & Trends
Trio Petroleum's Operating Income history runs 5 years deep, the most recent figure standing at -$1.4 million for Q2 2026.
- Quarterly Operating Income fell 61.64% year-over-year to -$1.4 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$5.4 million (down 10.03% YoY) and the FY2025 annual result came in at -$5.3 million, up 15.21% from the prior year.
- Operating Income was -$1.4 million for Q2 2026 at Trio Petroleum, down from -$804392.0 in the prior quarter.
- Across five years, Operating Income topped out at -$89710.0 in Q4 2022 and bottomed at -$2.5 million in Q4 2025.
- A 5-year average of -$1.1 million and a median of -$1.2 million in 2025 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2023 — Operating Income slumped 1320.92% — and 2025, when it soared 55.4%.
- Trio Petroleum's Operating Income stood at -$89710.0 in 2022, then slumped by 1320.92% to -$1.3 million in 2023, then slipped by 2.64% to -$1.3 million in 2024, then tumbled by 91.97% to -$2.5 million in 2025, then jumped by 44.07% to -$1.4 million in 2026.
- Business Quant data shows TPET's Operating Income at -$1.4 million in Q2 2026, -$804392.0 in Q1 2026, and -$2.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 7.20 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 2.60 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 116.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 19.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 394.04 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 182.33 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 166.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 1.53 Bn |
| 10 | Trio Petroleum | 7.51 Mn | -14.59 Mn | -106,063.00 | -1.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -1.40 Mn |
| Jan 31, 2026 | -804,392.00 |
| Oct 31, 2025 | -2.51 Mn |
| Jul 31, 2025 | -675,026.00 |
| Apr 30, 2025 | -868,979.00 |
| Jan 31, 2025 | -1.22 Mn |
| Oct 31, 2024 | -1.31 Mn |
| Jul 31, 2024 | -1.51 Mn |
| Apr 30, 2024 | -1.95 Mn |
| Jan 31, 2024 | -1.45 Mn |
| Oct 31, 2023 | -1.27 Mn |
| Jul 31, 2023 | -2.16 Mn |
| Apr 30, 2023 | -1.02 Mn |
| Jan 31, 2023 | -165,708.00 |
| Oct 31, 2022 | -89,710.00 |
| Jul 31, 2022 | -222,857.00 |
| Apr 30, 2022 | -187,453.00 |