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| Date | Value |
|---|---|
| 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% |