Vitesse Energy (VTS) Gross Margin (2022 - 2026)

Vitesse Energy's (VTS) quarterly Gross Margin came in at 77.25% in Q1 2026, down 181.0% year-on-year from 95.37% in Q1 2025, and up 10.36% on a QoQ basis from 70.0% 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 77.25% in Q1 2026.

  • On a quarterly basis, Gross Margin fell 181.0% year-over-year to 77.25% in Q1 2026; TTM through Mar 2026 was 74.2%, a 569.0% decrease from a year earlier, with the FY2025 full-year figure at 74.62%, down 571.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 77.25%, up from 70.0% in the prior quarter.
  • Over the last five years, Gross Margin for VTS reached as high as 90.28% in Q2 2022 and fell as low as 70.0% in Q4 2025.
  • Historically, Gross Margin has averaged 81.37% across 5 years, with a median of 81.57% in 2024.
  • Across the five-year window, Gross Margin plunged 37 bps in 2024 and plunged 870 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 85.82% in 2022, then fell by 2 bps to 83.94% in 2023, then dropped by 6 bps to 78.7% in 2024, then dropped by 11 bps to 70.0% in 2025, then grew by 10 bps to 77.25% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 77.25% in Q1 2026, 70.0% in Q4 2025, and 72.62% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 60.14%
2 Eog Resources 74.61 Bn 70.76 Bn - -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 99.43%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 89.26%
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 93.19%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 78.73%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 80.17%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 95.79%
10 Vitesse Energy 612.77 Mn 572.95 Mn 52.08 Mn 77.25%

Historic Data

Download Data
DateValue
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%