Vermilion Energy Inc. (VET) Revenue History
Annual and quarterly revenue from 1995 to present
VET Revenue Over Time (1995–2025)
VET Revenue Growth History
22 of 30 years with positive growth- FY1995 revenue growth
- N/A
- FY1996 revenue growth
- +342.9%
- FY1997 revenue growth
- +477.4%
- FY1998 revenue growth
- +3.7%
- FY1999 revenue growth
- +94.6%
- FY2000 revenue growth
- +116.5%
- FY2001 revenue growth
- +17.2%
- FY2002 revenue growth
- +4.6%
- FY2003 revenue growth
- +9.7%
- FY2004 revenue growth
- +12.3%
- FY2005 revenue growth
- +49.5%
- FY2006 revenue growth
- +16.6%
- FY2007 revenue growth
- +14.4%
- FY2008 revenue growth
- +41.6%
- FY2009 revenue growth
- -36.1%
- FY2010 revenue growth
- +13.8%
- FY2011 revenue growth
- +41.7%
- FY2012 revenue growth
- +5.0%
- FY2013 revenue growth
- +17.6%
- FY2014 revenue growth
- +11.4%
- FY2015 revenue growth
- -33.8%
- FY2016 revenue growth
- -6.0%
- FY2017 revenue growth
- +24.5%
- FY2018 revenue growth
- +52.7%
- FY2019 revenue growth
- -9.1%
- FY2020 revenue growth
- -18.3%
- FY2021 revenue growth
- +78.5%
- FY2022 revenue growth
- +67.1%
- FY2023 revenue growth
- -40.9%
- FY2024 revenue growth
- -5.7%
- FY2025 revenue growth
- -15.0%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $489.1M | -16.4% |
| Q4 2025 | $429.7M | -16.7% |
| Q3 2025 | $422.1M | -16.3% |
| Q2 2025 | $472.3M | +23.9% |
| Q1 2025 | $585.1M | +7.1% |
| Q4 2024 | $515.7M | -8.1% |
| Q3 2024 | $504.6M | -4.2% |
| Q2 2024 | $381.3M | -10.2% |
Multi-year avg. share of annual revenue by fiscal quarter
VET Revenue Analysis (1995–2025)
Current Revenue & Growth
As of June 13, 2026, Vermilion Energy Inc. (VET) generated trailing twelve-month (TTM) revenue of $1.81 billion, reflecting significant decline in growth of -16.4% year-over-year. The most recent quarter (Q1 2026) recorded $489.1 million in revenue, up 13.8% sequentially.
Historical Growth Trajectory
VET's 5-year compound annual growth rate (CAGR) stands at +7.2%, indicating steady revenue expansion. The 3-year CAGR of -22.0% is below the 5-year average, signalling a growth deceleration in recent years. Vermilion Energy Inc.'s highest annual revenue of $3.72 billion was recorded in 2022.
Peer Comparison
Compared to Energy sector peers — including BTE (-84.2% YoY), CVE (-16.4% YoY), and MEG (+14.2% YoY) — VET has outperformed the peer group in revenue growth. Compare VET vs BTE →
VET Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
 VETCurrent | $1.8B | -16.4% | +7.2% | 9.5% | |
 BTE | $1.5B | -84.2% | +12.7% | 15.3% | |
 CVE | $49.7B | -16.4% | +29.0% | 8.8% | |
 MEG | $831M | +14.2% | +20.4% | 1.5% | |
 PBA | $7.8B | -7.2% | +5.5% | 36.1% | |
 OVV | $8.7B | -2.6% | +7.5% | 21.6% |
VET Historical Revenue Data (1995–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.76B | -15.0% | $290.9M | 16.5% | $167.4M | 9.5% |
| 2024 | $2.07B | -5.7% | $1.12B | 54.0% | $249.4M | 12.0% |
| 2023 | $2.20B | -40.9% | $1.12B | 50.8% | $314.3M | 14.3% |
| 2022 | $3.72B | +67.1% | $2.59B | 69.7% | $1.87B | 50.1% |
| 2021 | $2.23B | +78.5% | $1.32B | 59.4% | $693.8M | 31.2% |
| 2020 | $1.25B | -18.3% | $432.5M | 34.7% | $0 | - |
| 2019 | $1.53B | -9.1% | $1.01B | 66.4% | $890.5M | 58.3% |
| 2018 | $1.68B | +52.7% | $916.9M | 54.6% | $364.1M | 21.7% |
| 2017 | $1.10B | +24.5% | $532.7M | 48.5% | $104.0M | 9.5% |
| 2016 | $882.8M | -6.0% | $300.5M | 34.0% | $-108,038,000 | -12.2% |
| 2015 | $939.6M | -33.8% | $414.9M | 44.2% | $-5,417,000 | -0.6% |
| 2014 | $1.42B | +11.4% | $885.9M | 62.4% | $457.8M | 32.2% |
| 2013 | $1.27B | +17.6% | $883.5M | 69.4% | $548.8M | 43.1% |
| 2012 | $1.08B | +5.0% | $735.1M | 67.9% | $418.6M | 38.6% |
| 2011 | $1.03B | +41.7% | $789.4M | 76.5% | $447.6M | 43.4% |
What if you invested $1,000 in VET back in 1995?
Total return with dividends reinvested · 31+ years of data
Calculate ReturnsHow much would $100/month in VET be worth today?
Dollar cost averaging vs lump sum · see how regular investing compounds over time
Run the NumbersIs VET Undervalued Right Now?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
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Compare NowVET — Frequently Asked Questions
Quick answers to the most common questions about buying VET stock.
Is VET's revenue growth accelerating or slowing?
VET revenue is declining -16.4% year-over-year. TTM revenue fell to $1.8B, contrasting with the 5-year CAGR of +7.2%. The reversal reflects either macro headwinds or company-specific challenges.
What is VET's revenue history from 1995 to 2026?
Vermilion Energy Inc. (VET) revenue history spans 1995 to 2026. TTM revenue as of 2026 is $1.8B, growing at -16.4% YoY. The 5-year CAGR is +7.2%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is VET's long-term revenue growth rate (CAGR)?
Vermilion Energy Inc.'s 5-year revenue CAGR of +7.2% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -16.4% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for VET.
Why does VET's quarterly revenue fluctuate?
VET quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Vermilion Energy Inc.'s revenue data from 1995 to 2026 shows full historical quarterly detail on this page.
How is VET's revenue distributed by segment?
VET reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does VET's revenue compare to industry peers?
Vermilion Energy Inc. (VET) with TTM revenue of $1.8B and -16.4% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.