Vitesse Energy, Inc. (VTS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 67.41M | 58.62M | 67.44M | 81.75M | 66.17M | 55.93M | 58.28M | 66.6M | 61.19M | 69.3M | 55.05M | 51.59M | 57.96M | 55.54M | 70.46M | 71.93M | 64.98M | 60.7M |
| Revenue Growth % | 1.87% | 4.82% | 15.72% | 22.76% | 8.13% | -19.3% | 5.86% | 29.1% | 5.58% | 24.79% | -21.87% | -28.28% | -10.8% | -8.5% | - | - | - | - |
| Cost of Goods Sold | 0 | 56.81M | 58.91M | 60.38M | 46.19M | 43.39M | 41.87M | 43.01M | 41.13M | 42.94M | 34.15M | 32.98M | 32.81M | 8.65M | 8.32M | 7.66M | 25.79M | 31.14M |
| COGS % of Revenue | - | 96.92% | 87.35% | 73.86% | 69.8% | 77.59% | 71.84% | 64.59% | 67.22% | 61.96% | 62.03% | 63.94% | 56.6% | 15.58% | 11.81% | 10.65% | 39.69% | 51.31% |
| Gross Profit | 0 | 1.8M | 8.53M | 21.37M | 19.98M | 12.54M | 16.41M | 23.59M | 20.06M | 26.36M | 20.9M | 18.61M | 25.15M | 46.89M | 62.14M | 64.27M | 39.19M | 29.55M |
| Gross Margin % | - | 3.08% | 12.65% | 26.14% | 30.2% | 22.41% | 28.16% | 35.41% | 32.78% | 38.04% | 37.97% | 36.06% | 43.4% | 84.42% | 88.19% | 89.35% | 60.31% | 48.69% |
| Gross Profit Growth % | -100% | -85.6% | -48.01% | -9.39% | -0.38% | -52.45% | -21.48% | 26.77% | -20.26% | -43.78% | -66.36% | -71.05% | -35.81% | 58.65% | - | - | - | - |
| Operating Expenses | 15.34M | 8.82M | 8.43M | 2.71M | 14.6M | 10.44M | 7.43M | 6.77M | 6.98M | 6.48M | 4.97M | 5.89M | 38.83M | 8.68M | 6.19M | 34.92M | 8.82M | 3.47M |
| OpEx % of Revenue | 22.75% | 15.05% | 12.49% | 3.32% | 22.07% | 18.66% | 12.75% | 10.17% | 11.4% | 9.35% | 9.02% | 11.42% | 67% | 15.63% | 8.79% | 48.55% | 13.58% | 5.72% |
| Selling, General & Admin | 8.59M | 1.26M | 5.74M | 2.71M | 14.6M | 10.44M | 7.43M | 6.77M | 6.98M | 6.48M | 4.97M | 5.89M | 38.83M | 16M | 11.58M | 19.93M | 8.82M | 3.47M |
| SG&A % of Revenue | 12.74% | 2.14% | 8.52% | 3.32% | 22.07% | 18.66% | 12.75% | 10.17% | 11.4% | 9.35% | 9.02% | 11.42% | 67% | 28.8% | 16.44% | 27.7% | 13.58% | 5.72% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | 1000K | 0 | 0 |
| Operating Income | 5.91M | -7.01M | 108K | 18.66M | 5.38M | 2.1M | 8.98M | 16.81M | 13.08M | 19.88M | 15.94M | 12.72M | -13.68M | 38.2M | 55.95M | 29.35M | 30.37M | 26.08M |
| Operating Margin % | 8.77% | -11.97% | 0.16% | 22.82% | 8.13% | 3.75% | 15.41% | 25.25% | 21.37% | 28.69% | 28.95% | 24.65% | -23.6% | 68.79% | 79.4% | 40.8% | 46.73% | 42.97% |
| Operating Income Growth % | 9.89% | -434.53% | -98.8% | 10.96% | -58.87% | -89.45% | -43.65% | 32.23% | 195.61% | -47.96% | -71.51% | -56.68% | -145.05% | 46.47% | - | - | - | - |
| EBITDA | 37.1M | 27.04M | 34.32M | 53.23M | 31.94M | 28.63M | 33.9M | 42.13M | 36.62M | 45.39M | 34.95M | 31.46M | 4.79M | 54.98M | 73.72M | 44.34M | 44.55M | 41.45M |
| EBITDA Margin % | 55.04% | 46.13% | 50.89% | 65.11% | 48.27% | 51.19% | 58.16% | 63.26% | 59.85% | 65.5% | 63.48% | 60.99% | 8.27% | 99% | 104.63% | 61.65% | 68.56% | 68.29% |
| EBITDA Growth % | 16.14% | -5.55% | 1.26% | 26.35% | -12.78% | -36.93% | -3.02% | 33.9% | 664.27% | -17.44% | -52.59% | -29.05% | -89.24% | 32.64% | - | - | - | - |
| D&A (Non-Cash Add-back) | 31.19M | 34.06M | 34.22M | 34.58M | 26.56M | 26.53M | 24.91M | 25.32M | 23.55M | 25.51M | 19.01M | 18.75M | 18.47M | 16.78M | 17.78M | 14.99M | 14.18M | 15.37M |
| EBIT | 0 | 2.02M | 816K | 37.07M | 5.37M | -4.15M | 26.38M | 17.19M | -714K | 37.29M | -1.1M | 17.55M | -6.26M | 32.61M | 86.98M | 17.79M | -6.45M | 26.43M |
| Net Interest Income | 0 | -8.51M | -2.38M | -2.54M | -2.9M | -2.47M | -2.72M | -2.58M | -2.2M | -1.81M | -1.17M | -1.11M | -1.18M | -1.15M | 0 | -1.04M | -709K | -690K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.25M | 0 | 0 | 0 |
| Interest Expense | -2.62M | 8.51M | 2.38M | 2.54M | 2.9M | 2.47M | 2.72M | 2.58M | 2.2M | 1.81M | 1.17M | 1.11M | 1.18M | 1.15M | 1.25M | 1.04M | 709K | 690K |
| Other Income/Expense | -57.66M | 6.66M | -1.67M | 15.87M | -2.91M | -8.72M | 14.68M | -2.21M | -16M | 15.6M | -18.2M | 3.72M | 6.24M | -14.63M | 29.79M | -12.6M | -37.52M | -343K |
| Pretax Income | -51.74M | -356K | -1.56M | 34.53M | 2.47M | -6.62M | 23.66M | 14.61M | -2.92M | 35.48M | -2.26M | 16.43M | -7.44M | 23.57M | 85.74M | 16.75M | -7.16M | 25.74M |
| Pretax Margin % | -76.76% | -0.61% | -2.32% | 42.24% | 3.73% | -11.84% | 40.6% | 21.93% | -4.77% | 51.19% | -4.11% | 31.85% | -12.84% | 42.44% | 121.68% | 23.29% | -11.01% | 42.41% |
| Income Tax | 9.46M | 382K | -254K | 9.87M | -201K | -1.49M | 6.22M | 3.68M | -731K | 15.56M | -796K | 6.81M | 40.37M | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | -18.29% | -107.3% | 16.23% | 28.59% | -8.15% | 22.57% | 26.29% | 25.18% | 25.06% | 43.86% | 35.19% | 41.46% | -542.33% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -42.28M | -739K | -1.31M | 24.66M | 2.67M | -5.13M | 17.44M | 10.93M | -2.19M | 19.92M | -1.47M | 9.62M | -47.81M | 23.57M | 85.74M | 16.75M | -7.16M | 25.74M |
| Net Margin % | -62.72% | -1.26% | -1.94% | 30.16% | 4.03% | -9.16% | 29.93% | 16.41% | -3.57% | 28.74% | -2.66% | 18.65% | -82.5% | 42.44% | 121.68% | 23.29% | -11.01% | 42.41% |
| Net Income Growth % | -1684.71% | 85.58% | -107.52% | 125.65% | 222.05% | -125.73% | 1289.77% | 13.6% | 95.43% | -15.49% | -101.71% | -42.57% | -568.09% | -8.43% | - | - | - | - |
| Net Income (Continuing) | -42.28M | -739K | -1.31M | 24.66M | 2.67M | -5.13M | 17.44M | 10.93M | -2.19M | 19.92M | -1.47M | 9.62M | -47.81M | 23.57M | 85.74M | 16.75M | -7.16M | 25.74M |
| Discontinued Operations | 0 | 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 | 0 |
| EPS (Diluted) | -1.05 | -0.02 | -0.03 | 0.60 | 0.08 | -0.16 | 0.53 | 0.33 | -0.07 | 0.67 | -0.05 | 0.29 | -1.67 | 0.26 | 0.19 | 0.04 | -0.02 | 0.06 |
| EPS Growth % | -1481.58% | 88.63% | -106.32% | 81.82% | 204.11% | -123.88% | 1160% | 13.79% | 95.63% | 157.69% | -126.32% | 679.57% | -10145.4% | 342.93% | - | - | - | - |
| EPS (Basic) | -1.05 | -0.02 | -0.03 | 0.62 | 0.08 | -0.16 | 0.58 | 0.36 | -0.07 | 0.67 | -0.05 | 0.32 | -1.67 | 0.14 | 0.18 | 0.04 | -0.02 | 0.06 |
| Diluted Shares Outstanding | 40.08M | 39.55M | 39.14M | 40.97M | 35.09M | 32.91M | 32.99M | 33.03M | 29.93M | 29.75M | 29.66M | 33.08M | 29.66M | 438.63M | 438.63M | 438.63M | 438.63M | 438.63M |
| Basic Shares Outstanding | 40.08M | 37.65M | 39.14M | 39.1M | 33.07M | 32.91M | 30.08M | 30.05M | 29.93M | 29.75M | 29.66M | 29.66M | 29.66M | 438.63M | 438.63M | 438.63M | 438.63M | 438.63M |
| Dividend Payout Ratio | - | - | - | 88.37% | 976.12% | - | 89.62% | 142.83% | - | 72.9% | - | 150.62% | - | - | 7% | 71.63% | - | 46.62% |