Trio Petroleum Corp. (TPET) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 208.26K | 122.19K | 172.25K | 192.4K | 23.27K | 10.82K | 77.23K | 63.05K | 72.92K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | 794.92% | 1029.43% | 123.04% | 205.14% | -68.09% | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 314.32K | 89.89K | 78.65K | 98.92K | 21.12K | 695 | 694 | 695 | 694 | 695 | 694 | 695 | 694 | 695 | 694 | 695 | 694 |
| COGS % of Revenue | 150.93% | 73.56% | 45.66% | 51.41% | 90.74% | 6.42% | 0.9% | 1.1% | 0.95% | - | - | - | - | - | - | - | - |
| Gross Profit | -106.06K | 32.3K | 93.6K | 93.48K | 2.15K | 10.12K | 76.53K | 62.36K | 72.23K | -695 | -694 | -695 | -694 | -695 | -694 | -695 | -694 |
| Gross Margin % | -50.93% | 26.44% | 54.34% | 48.59% | 9.26% | 93.58% | 99.1% | 98.9% | 99.05% | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | -5024% | 219.08% | 22.3% | 49.91% | -97.02% | 1556.69% | 11128.1% | 9072.23% | 10507.64% | 0% | 0% | 0% | 0% | - | - | - | - |
| Operating Expenses | 1.3M | 836.7K | 2.61M | 768.5K | 871.13K | 1.23M | 1.4M | 1.57M | 2.02M | 1.44M | 1.27M | 2.16M | 1.02M | 165.01K | 89.02K | 170.96K | 186.76K |
| OpEx % of Revenue | 623.55% | 684.73% | 1512.48% | 399.44% | 3743.43% | 11337.29% | 1812.15% | 2487.37% | 2771.17% | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 1.23M | 751.82K | 2.61M | 768.5K | 871.13K | 1.23M | 1.4M | 1.57M | 2.02M | 1.44M | 1.27M | 2.16M | 1.02M | 165.01K | 89.02K | 170.96K | 82.05K |
| SG&A % of Revenue | 588.36% | 615.28% | 1512.48% | 399.44% | 3743.43% | 11337.29% | 1812.15% | 2487.37% | 2771.17% | - | - | - | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 104.71K |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 73.28K | 84.87K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -1.4M | -804.39K | -2.51M | -675.03K | -868.98K | -1.22M | -1.32M | -1.51M | -1.95M | -1.44M | -1.27M | -2.16M | -1.02M | -165.71K | -89.71K | -171.65K | -187.45K |
| Operating Margin % | -674.48% | -658.3% | -1458.15% | -350.85% | -3734.17% | -11243.71% | -1713.05% | -2388.47% | -2672.12% | - | - | - | - | - | - | - | - |
| Operating Income Growth % | -61.64% | 33.87% | -89.85% | 55.18% | 55.4% | 15.53% | -4.1% | 30.2% | -91.68% | -769.1% | -1316.58% | -1156.93% | -442.32% | - | - | - | - |
| EBITDA | -1.4M | -802.6K | -2.51M | -674.33K | -868.28K | -1.22M | -1.32M | -1.51M | -1.95M | -1.44M | -1.27M | -2.16M | -1.02M | -165.01K | -89.02K | -170.96K | -186.76K |
| EBITDA Margin % | -672.67% | -656.83% | -1457.74% | -350.49% | -3731.19% | -11237.29% | -1712.15% | -2387.37% | -2671.17% | - | - | - | - | - | - | - | - |
| EBITDA Growth % | -61.34% | 33.98% | -89.9% | 55.2% | 55.42% | 15.54% | -4.11% | 30.21% | -91.74% | -772.34% | -1326.84% | -1161.63% | -443.97% | - | - | - | - |
| D&A (Non-Cash Add-back) | 3.77K | 1.8K | 694 | 695 | 694 | 695 | 694 | 695 | 694 | 695 | 694 | 695 | 694 | 695 | 694 | 695 | 694 |
| EBIT | -1.34M | -875.89K | -2.61M | -1.24M | -1.53M | -1.3M | -1.39M | -1.51M | -3.06M | -1.54M | -1.27M | -2.17M | -2.14M | -165.71K | -99.16K | -222.86K | -1.51M |
| Net Interest Income | -22.39K | -136.73K | -109.44K | -147.55K | -30.15K | -318.37K | -308.18K | -668.38K | -982.69K | -159.3K | -44.88K | 0 | -94.36K | -652.57K | -615.88K | -485.29K | -478.93K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 22.39K | 136.73K | 109.44K | 147.55K | 30.15K | 318.37K | 308.18K | 668.38K | 982.69K | 159.3K | 44.88K | 0 | 94.36K | 652.57K | 615.88K | 485.29K | 478.93K |
| Other Income/Expense | 37.29K | -208.24K | -204.49K | -711.7K | -694.77K | -399.07K | -377.27K | -672.59K | -2.1M | -261.87K | -48.78K | -13.05K | -1.22M | -652.57K | -625.33K | -536.5K | -1.8M |
| Pretax Income | -1.37M | -1.01M | -2.72M | -1.39M | -1.56M | -1.62M | -1.7M | -2.18M | -4.05M | -1.7M | -1.32M | -2.17M | -2.24M | -818.28K | -715.03K | -708.15K | -1.99M |
| Pretax Margin % | -656.57% | -828.71% | -1576.86% | -720.77% | -6719.75% | -14932.29% | -2201.56% | -3455.2% | -5548.23% | - | - | - | - | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -1.37M | -1.01M | -2.72M | -1.39M | -1.56M | -1.62M | -1.7M | -2.18M | -4.05M | -1.7M | -1.32M | -2.17M | -2.24M | -818.28K | -715.03K | -708.15K | -1.99M |
| Net Margin % | -656.57% | -828.71% | -1576.86% | -720.77% | -6719.75% | -14932.29% | -2201.56% | -3455.2% | -5548.23% | - | - | - | - | - | - | - | - |
| Net Income Growth % | 12.56% | 37.32% | -59.75% | 36.35% | 61.35% | 5.08% | -28.85% | -0.37% | -80.95% | -108% | -84.55% | -206.52% | -12.4% | - | - | - | - |
| Net Income (Continuing) | -1.37M | -1.01M | -2.72M | -1.39M | -1.56M | -1.62M | -1.7M | -2.18M | -4.05M | -1.7M | -1.32M | -2.17M | -2.24M | -818.28K | -715.03K | -708.15K | -1.99M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.05 | -0.10 | -0.30 | -0.17 | -0.70 | -0.73 | -0.76 | -0.87 | -1.98 | -1.08 | -0.85 | -1.47 | -1.70 | -0.71 | -0.62 | -0.61 | -1.72 |
| EPS Growth % | 93.04% | 86.81% | 60.53% | 80.46% | 64.65% | 32.41% | 10.59% | 40.82% | -16.47% | -52.11% | -37.1% | -140.98% | 1.16% | - | - | - | - |
| EPS (Basic) | -0.05 | -0.10 | -0.30 | -0.17 | -0.70 | -0.73 | -0.76 | -0.87 | -1.98 | -1.08 | -0.85 | -1.47 | -1.70 | -0.71 | -0.62 | -0.61 | -1.72 |
| Diluted Shares Outstanding | 28.06M | 10.52M | 9.05M | 7.97M | 2.23M | 2.23M | 2.23M | 2.52M | 2.04M | 1.58M | 1.55M | 1.48M | 1.32M | 1.15M | 1.15M | 1.15M | 1.15M |
| Basic Shares Outstanding | 28.06M | 10.52M | 9.05M | 7.97M | 2.23M | 2.23M | 2.23M | 2.52M | 2.04M | 1.58M | 1.55M | 1.48M | 1.32M | 1.15M | 1.15M | 1.15M | 1.15M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |