Vitesse Energy (VTS) Gross Margin (2022 - 2026)
Vitesse Energy (VTS) posted quarterly Gross Margin of 77.25% for Q1 2026, down 181.0% year-over-year from 95.37% in Q1 2025, and up 10.36% quarter-over-quarter from 70.0% in Q4 2025.
Vitesse Energy (VTS) Gross Margin (2022 - 2026) Analysis & Trends
Vitesse Energy (VTS) has reported Gross Margin for 5 consecutive years, with 77.25% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 181.0% year-over-year to 77.25%; the TTM figure through Mar 2026 stood at 74.2% (down 569.0% YoY), while the FY2025 annual figure was 74.62%, down 571.0% from the prior year.
- Gross Margin improved to 77.25% in Q1 2026 per VTS's latest filing, from 70.0% in the prior quarter.
- Across five years, Gross Margin topped out at 90.28% in Q2 2022 and bottomed at 70.0% in Q4 2025.
- Historically, Gross Margin has averaged 81.37% across 5 years, with a median of 81.57% in 2024.
- Annual changes were most pronounced in 2024 — Gross Margin slumped 37 bps — and 2025, when it slumped 870 bps.
- Vitesse Energy's Gross Margin stood at 85.82% in 2022, then dropped by 2 bps to 83.94% in 2023, then decreased by 6 bps to 78.7% in 2024, then decreased by 11 bps to 70.0% in 2025, then advanced by 10 bps to 77.25% in 2026.
- Business Quant data shows VTS's Gross Margin at 77.25% in Q1 2026, 70.0% 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 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 85.63% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 81.22% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 91.41% |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 95.88% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 78.73% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Vitesse Energy | 718.28 Mn | 690.91 Mn | 73.03 Mn | 80.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 80.25% |
| Mar 31, 2026 | 77.25% |
| Dec 31, 2025 | 70.00% |
| Sep 30, 2025 | 72.62% |
| Jun 30, 2025 | 75.99% |
| Mar 31, 2025 | 79.06% |
| Dec 31, 2024 | 78.70% |
| 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 | 84.33% |
| Dec 31, 2022 | 85.82% |
| Sep 30, 2022 | 89.20% |
| Jun 30, 2022 | 90.28% |
| Mar 31, 2022 | 90.00% |