Growth & profitability
- Revenue has grown 87.0% per year over the past 3 years.
Financial health
- Operating income covered interest expense -8.7× in the latest year.
TPET Financials Trio Petroleum Corp
4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $398734 | -$7M | 55.9% | -1322.2% | — | — | — |
| 2024 | $213204 | -$10M | 100.0% | -2916.3% | — | — | — |
| 2023 | — | -$7M | — | — | — | — | $2M |
| 2022 | — | -$4M | — | — | — | — | $73648 |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Apr '26 | $208257 | -$1M | -50.9% | -674.5% | -$2M | — | $21M |
| Jan '26 | $122193 | -$1M | 44.0% | -658.3% | -$588993 | — | — |
| Oct '25 | $172249 | -$3M | 60.5% | -1458.1% | — | — | — |
| Jul '25 | $192395 | -$1M | 48.8% | -350.9% | — | — | — |
| Apr '25 | $23271 | -$2M | 60.2% | -3734.2% | -$1M | — | — |
| Jan '25 | $10819 | -$2M | 100.0% | -11243.7% | -$998650 | — | — |
| Oct '24 | $77229 | -$2M | 100.0% | -1694.1% | — | — | — |
| Jul '24 | $63052 | -$2M | 100.0% | -2395.2% | — | — | — |
| Apr '24 | $72923 | -$4M | 100.0% | -2672.1% | — | — | — |
| Jan '24 | — | -$2M | — | — | — | — | $348748 |
| Oct '23 | — | -$1M | — | — | — | — | $2M |
| Jul '23 | — | -$2M | — | — | — | — | $2M |
| Apr '23 | — | -$2M | — | — | — | — | $0 |
| Jan '23 | — | -$818281 | — | — | — | — | — |
| Oct '22 | — | -$715035 | — | — | — | — | $73648 |
| Jul '22 | — | -$708150 | — | — | — | — | — |
| Apr '22 | — | -$2M | — | — | — | — | — |
Valuation over time
How the market has priced TPET against its own fundamentals since 2023-04 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-sales ratio has risen from 26.0× (Oct '24) to 31.2× (Jun '26).
P/S
Frequently asked questions
Is TPET growing its revenue and profit?
Over the past 3 years, Trio Petroleum Corp's revenue has grown 87.0% per year. These are computed facts, not advice.
How much debt does TPET have?
As of FY2025, Trio Petroleum Corp reported — of total debt against — of cash; operating income covered interest expense -8.7×.
What is TPET's profit margin?
In FY2025, gross margin was 55.9%, operating margin -1322.2%, and net margin -1826.3%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.