Vermilion Energy (VET) Gross Margin (2009 - 2026)
Vermilion Energy (VET) posted quarterly Gross Margin of 98.43% for Q2 2026, down 157.0% year-over-year from 172.68% in Q2 2025, and little changed quarter-over-quarter from 98.87% in Q1 2026.
Vermilion Energy (VET) Gross Margin (2009 - 2026) Analysis & Trends
Vermilion Energy (VET) has reported Gross Margin for 13 consecutive years, with 98.43% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 157.0% year-over-year to 98.43%; the TTM figure through Jun 2026 stood at 61.78% (down 11845.0% YoY), while the FY2025 annual figure was 89.67%, down 432.0% from the prior year.
- Gross Margin held at 98.43% in Q2 2026 per VET's latest filing, from 98.87% in the prior quarter.
- Across five years, Gross Margin topped out at 100.0% in Q1 2024 and bottomed at 6574.44% in Q4 2022.
- Historically, Gross Margin has averaged 342.85% across 5 years, with a median of 99.43% in 2026.
- Annual changes were most pronounced in 2022 — Gross Margin sank 7934957 bps — and 2023, when it soared 667444 bps.
- Vermilion Energy's Gross Margin stood at 6574.44% in 2022, then jumped by 102 bps to 100.0% in 2023, then decreased by 0 bps to 99.99% in 2024, then tumbled by 100 bps to 0.07% in 2025, then soared by 141573 bps to 98.43% in 2026.
- Business Quant data shows VET's Gross Margin at 98.43% in Q2 2026, 98.87% in Q1 2026, and 0.07% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 85.63% |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 99.84% |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 91.41% |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 81.22% |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 95.88% |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 78.73% |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Vermilion Energy | 1.95 Bn | 1.89 Bn | 21.33 Mn | 77.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 98.43% |
| Mar 31, 2026 | 98.87% |
| Sep 30, 2025 | 0.07% |
| Jun 30, 2025 | 100.00% |
| Mar 31, 2025 | 0.06% |
| Sep 30, 2024 | 99.99% |
| Jun 30, 2024 | 0.05% |
| Mar 31, 2024 | 100.00% |
| Dec 31, 2023 | 100.00% |
| Sep 30, 2023 | 99.99% |
| Jun 30, 2023 | 99.99% |
| Mar 31, 2023 | 99.99% |
| Dec 31, 2022 | -6,574.44% |
| Sep 30, 2022 | 91.35% |
| Jun 30, 2022 | 99.99% |
| Mar 31, 2022 | 0.07% |
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 79,440.93% |
| Jun 30, 2021 | 99.99% |
| Mar 31, 2021 | 99.99% |