Vitesse Energy (VTS) Gross Margin (2022 - 2026)
Vitesse Energy (VTS) reported Gross Margin of 91.6% for Q1 2026, up 32.0% year-over-year from 69.39% in Q1 2025, and down 38.43% quarter-over-quarter from 148.78% in Q4 2025.
Vitesse Energy (VTS) Gross Margin (2022 - 2026) Analysis & Trends
Vitesse Energy (VTS) has 5 years of Gross Margin data on file, last reported at 91.6% in Q1 2026.
- Gross Margin for Q1 2026 came in at 91.6%, up 32.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 94.49% (up 76.0% YoY), and the FY2025 annual result was 91.48%, up 36.0% from the prior year.
- Gross Margin eased to 91.6% in Q1 2026 per VTS's latest filing, from 148.78% in the prior quarter.
- Over five years, Gross Margin peaked at 148.78% in Q4 2025 and troughed at 72.62% in Q3 2025.
- A 5-year average of 90.52% and a median of 83.94% in 2023 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 4142 bps in 2024 and fell as far as 1020 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 79.48% in 2022, then rose by 6 bps to 83.94% in 2023, then jumped by 49 bps to 125.36% in 2024, then climbed by 19 bps to 148.78% in 2025, then tumbled by 38 bps to 91.6% in 2026.
- Business Quant data shows VTS's Gross Margin at 91.6% in Q1 2026, 148.78% in Q4 2025, and 72.62% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 85.25% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 60.14% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 93.19% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 99.43% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 54.61% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 88.15% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 98.87% |
| 10 | Vitesse Energy | 709.35 Mn | 669.54 Mn | 61.75 Mn | 91.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 91.60% |
| Dec 31, 2025 | 148.78% |
| Sep 30, 2025 | 72.62% |
| Jun 30, 2025 | 75.99% |
| Mar 31, 2025 | 91.28% |
| Dec 31, 2024 | 125.36% |
| Sep 30, 2024 | 80.06% |
| Jun 30, 2024 | 81.57% |
| Mar 31, 2024 | 80.73% |
| Dec 31, 2023 | 83.94% |
| Sep 30, 2023 | 81.86% |
| Jun 30, 2023 | 81.94% |
| Mar 31, 2023 | 90.93% |
| Dec 31, 2022 | 79.48% |
| Sep 30, 2022 | 91.39% |
| Jun 30, 2022 | 91.29% |
| Mar 31, 2022 | 90.00% |