Vitesse Energy (VTS) Financial Statements & Analysis

Vitesse Energy (VTS) Income Statement

Vitesse Energy reported revenue of $273.99M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 13.2% from $242.00M a year earlier. Net income was $25.28M, up 20.0% year over year, a net margin of 9.2%. Gross margin was 18.9% and operating margin 6.3%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $91.00M, up 11.3% from the same quarter a year earlier.

Vitesse Energy Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Vitesse Energy, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Nov 2021	Nov 2020	Nov 2019
Revenue & Gross Profit
Revenue	273.99	242.00	233.91	281.89	181.51	185.18	97.23	171.30
Cost of Revenue	222.30	169.41	142.88	118.96	27.26	58.45	109.21	58.45
Gross Profit	51.69	72.59	91.02	162.93	126.73	126.73	-11.98	112.85
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00
Selling, General & Administrative	34.56	31.62	56.17	9.07	11.40	11.99	8.65	11.25
Operating Expenses	34.56	31.62	56.17	9.07	72.84	72.84	21.85	75.97
Operating Income	17.13	40.97	34.85	153.87	53.90	53.90	-33.83	36.88
Other Income/Expense
Interest Income	0.00	9.98	0.00	0.00	3.21	0.00	0.00	0.00
Interest Expense	10.21	9.98	5.28	4.15	-2.84	3.21	4.68	4.83
Other Income/Expense	17.95	-2.26	7.35	-30.81	-29.37	-35.78	24.98	-0.99
Income
Income Before Tax	35.08	28.73	42.20	118.90	-88.31	18.11	-8.86	35.89
Income Tax Expense	9.80	7.67	61.95	0.00	-	0.00	0.00	0.00
Net Income	25.28	21.06	-21.58	118.90	18.11	18.11	-8.86	35.89
Net Income - Continuous Operations	25.28	21.06	-21.58	118.90	-	18.11	-8.86	35.89
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	174.69	139.02	129.22	186.79	-20.47	82.17	54.13	105.43
EBIT	45.28	38.71	47.34	123.06	-85.48	21.32	9.00	-
Depreciation & Amortization	129.41	100.31	81.75	63.73	65.00	60.85	58.31	64.72
Earnings Per Share
Basic EPS	1.00	1.00	-1.00	-	-	-	-	1.00
Diluted EPS	1.00	1.00	-1.00	-	-	-	-	1.00
Basic Shares Outstanding	37.65	30.04	29.56	28.20	438.63	438.63	28.20	28.52
Diluted Shares Outstanding	39.55	30.04	29.56	28.20	438.63	438.63	28.20	28.52

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

Frequently Asked Questions About Vitesse Energy Financial Statements

What was Vitesse Energy's revenue in fiscal 2025?

Vitesse Energy reported revenue of $273.99M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 13.2% from $242.00M a year earlier.

Is Vitesse Energy profitable?

Yes. Vitesse Energy earned net income of $25.28M in fiscal 2025, a net margin of 9.2%. In fiscal 2024 it earned $21.06M.

What is Vitesse Energy's operating margin?

Vitesse Energy's operating income was $17.13M on revenue of $273.99M in fiscal 2025, an operating margin of 6.3%, compared with 16.9% 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