Gran Tierra Energy (GTE) Financial Statements & Analysis

Gran Tierra Energy (GTE) Income Statement

Gran Tierra Energy reported revenue of $596.71M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 4.0% from $621.85M a year earlier. Gran Tierra Energy posted a net loss of $193.12M, compared with net income of $3.22M a year earlier. Gross margin was 53.4% and operating margin -1.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $187.18M, up 25.3% from the same quarter a year earlier.

Gran Tierra Energy Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Gran Tierra Energy Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	596.71	621.85	636.96	711.39	473.72	237.84	570.98	613.43	421.73
Cost of Revenue	278.35	230.62	215.58	172.58	139.87	286.66	428.64	372.57	266.31
Gross Profit	318.36	391.23	421.37	538.81	333.85	-48.83	142.35	240.86	155.42
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	60.09	51.14	45.85	40.96	36.26	25.35	34.73	39.48	39.01
Operating Expenses	329.15	271.93	247.26	247.85	183.60	29.50	34.73	39.48	40.24
Operating Income	-10.79	119.30	174.12	290.96	150.25	-78.33	107.62	201.38	115.19
Other Income/Expense
Interest Income	1.09	3.67	1.98	0.44	0.00	0.35	0.70	2.09	1.21
Interest Expense	84.37	67.55	49.98	-46.49	50.57	54.14	43.27	27.36	13.88
Other Income/Expense	-121.87	2.11	-14.13	2.61	-72.73	-775.03	-11.64	-49.89	-77.86
Income
Income Before Tax	-232.87	44.61	106.16	244.94	23.14	-853.36	95.98	151.49	37.33
Income Tax Expense	-39.75	41.39	112.45	105.91	-19.35	-75.39	57.29	48.87	69.04
Net Income	-193.12	3.22	-6.29	139.03	42.48	-777.97	38.69	102.62	-31.71
Net Income - Continuous Operations	-193.12	3.22	-6.29	139.03	42.48	-777.97	38.69	102.62	-31.71
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	129.85	342.77	371.72	471.24	213.58	-634.99	364.28	376.72	182.55
EBIT	-148.51	112.15	156.14	290.96	73.71	-83.94	-	-	-
Depreciation & Amortization	278.35	230.62	215.58	180.28	139.87	164.23	225.03	197.87	131.34
Earnings Per Share
Basic EPS	-5.00	-	-	4.00	1.00	-21.00	1.00	3.00	-1.00
Diluted EPS	-5.00	-	-	4.00	1.00	-21.00	1.00	2.00	-1.00
Basic Shares Outstanding	35.44	32.04	33.47	36.45	36.70	36.70	37.65	42.71	39.64
Diluted Shares Outstanding	35.44	32.04	33.47	36.93	36.79	36.70	37.65	42.71	39.67

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Gran Tierra Energy Financial Statements

What was Gran Tierra Energy's revenue in fiscal 2025?

Gran Tierra Energy reported revenue of $596.71M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 4.0% from $621.85M a year earlier.

Is Gran Tierra Energy profitable?

No. Gran Tierra Energy reported a net loss of $193.12M in fiscal 2025. In fiscal 2024 it earned $3.22M.

What is Gran Tierra Energy's operating margin?

Gran Tierra Energy's operating income was −$10.79M on revenue of $596.71M in fiscal 2025, an operating margin of -1.8%, compared with 19.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition