Vitesse Energy (VTS) Cost of Revenue (2022 - 2026)
Vitesse Energy (VTS) posted quarterly Cost of Revenue of $15.3 million for Q1 2026, up 10.69% year-over-year from $13.9 million in Q1 2025, and down 12.8% quarter-over-quarter from $17.6 million in Q4 2025.
Vitesse Energy (VTS) Cost of Revenue (2022 - 2026) Analysis & Trends
Vitesse Energy (VTS) has reported Cost of Revenue for 5 consecutive years, with $15.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 10.69% year-over-year to $15.3 million; the TTM figure through Mar 2026 stood at $71.0 million (up 43.0% YoY), while the FY2025 annual figure was $69.5 million, up 46.09% from the prior year.
- Cost of Revenue declined to $15.3 million in Q1 2026 per VTS's latest filing, from $17.6 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $19.6 million in Q2 2025 and bottomed at $6.5 million in Q1 2022.
- Historically, Cost of Revenue has averaged $11.9 million across 5 years, with a median of $11.6 million in 2024.
- Annual changes were most pronounced in 2024 — Cost of Revenue climbed 7.04% — and 2025, when it jumped 59.95%.
- Vitesse Energy's Cost of Revenue stood at $8.6 million in 2022, then advanced by 28.67% to $11.1 million in 2023, then advanced by 7.04% to $11.9 million in 2024, then surged by 47.61% to $17.6 million in 2025, then slipped by 12.8% to $15.3 million in 2026.
- Business Quant data shows VTS's Cost of Revenue at $15.3 million in Q1 2026, $17.6 million in Q4 2025, and $18.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 6.71 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 1.79 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 9.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 566.00 Mn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.39 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 332.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 385.02 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Vitesse Energy | 721.43 Mn | 694.06 Mn | 73.03 Mn | 17.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.98 Mn |
| Jun 30, 2026 | 17.98 Mn |
| Mar 31, 2026 | 15.34 Mn |
| Mar 31, 2026 | 15.34 Mn |
| Dec 31, 2025 | 17.59 Mn |
| Dec 31, 2025 | 17.59 Mn |
| Sep 30, 2025 | 18.47 Mn |
| Sep 30, 2025 | 18.47 Mn |
| Jun 30, 2025 | 19.63 Mn |
| Jun 30, 2025 | 19.63 Mn |
| Mar 31, 2025 | 13.85 Mn |
| Mar 31, 2025 | 13.85 Mn |
| Dec 31, 2024 | 11.91 Mn |
| Dec 31, 2024 | 11.91 Mn |
| Sep 30, 2024 | 11.62 Mn |
| Sep 30, 2024 | 11.62 Mn |
| Jun 30, 2024 | 12.27 Mn |
| Jun 30, 2024 | 12.27 Mn |
| Mar 31, 2024 | 11.79 Mn |
| Mar 31, 2024 | 11.79 Mn |