Gran Tierra Energy Inc. (GTE) 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 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 172.06M | 124.44M | 149.25M | 152.48M | 170.53M | 147.29M | 151.37M | 165.61M | 157.58M | 154.94M | 179.92M | 157.9M | 144.19M | 162.64M | 168.4M | 205.78M | 174.57M | 146.29M | 135.32M | 96.62M |
| Revenue Growth % | 0.89% | -15.51% | -1.4% | -7.93% | 8.22% | -4.94% | -15.87% | 4.88% | 9.28% | -4.73% | 6.84% | -23.27% | -17.4% | 11.18% | 24.44% | 112.98% | 82.81% | 125.78% | 154.64% | 185.66% |
| Cost of Goods Sold | 141.33M | 127.89M | 137.66M | 132.11M | 146.47M | 128.46M | 105.54M | 108.22M | 109.2M | 104.22M | 108.23M | 108.39M | 96.16M | 100.33M | 89.57M | 84.22M | 78.2M | 84.15M | 78.64M | 57.28M |
| COGS % of Revenue | 82.14% | 102.77% | 92.23% | 86.64% | 85.89% | 87.21% | 69.72% | 65.34% | 69.3% | 67.26% | 60.15% | 68.64% | 66.69% | 61.69% | 53.19% | 40.93% | 44.79% | 57.52% | 58.12% | 59.28% |
| Gross Profit | 30.73M | -3.45M | 11.6M | 20.37M | 24.07M | 18.84M | 45.83M | 57.39M | 48.38M | 50.73M | 71.69M | 49.51M | 48.03M | 62.3M | 78.82M | 121.56M | 96.37M | 62.14M | 56.68M | 39.34M |
| Gross Margin % | 17.86% | -2.77% | 7.77% | 13.36% | 14.11% | 12.79% | 30.28% | 34.66% | 30.7% | 32.74% | 39.85% | 31.36% | 33.31% | 38.31% | 46.81% | 59.07% | 55.21% | 42.48% | 41.88% | 40.72% |
| Gross Profit Growth % | 27.69% | -118.31% | -74.7% | -64.5% | -50.25% | -62.87% | -36.08% | 15.92% | 0.71% | -18.58% | -9.05% | -59.27% | -50.16% | 0.27% | 39.08% | 208.97% | 200.75% | 1454.23% | 4416.53% | 224.23% |
| Operating Expenses | 35.87M | 20.52M | 16.23M | 15.01M | 11.63M | 12M | 6.35M | 17.13M | 13.84M | 11.65M | 10.24M | 9.87M | 13.17M | 10.67M | 8.11M | 9.84M | 12.34M | 11.19M | 6.5M | 9.01M |
| OpEx % of Revenue | 20.85% | 16.49% | 10.87% | 9.84% | 6.82% | 8.15% | 4.19% | 10.34% | 8.78% | 7.52% | 5.69% | 6.25% | 9.13% | 6.56% | 4.82% | 4.78% | 7.07% | 7.65% | 4.8% | 9.32% |
| Selling, General & Admin | 34.83M | 33.44M | 13.6K | 15.01M | 11.63M | 12M | 6.35M | 17.13M | 14.14M | 13.05M | 10.24M | 9.87M | 12.7M | 10.67M | 8.11M | 9.84M | 12.34M | 11.19M | 6.5M | 9.01M |
| SG&A % of Revenue | 20.24% | 26.87% | 0.01% | 9.84% | 6.82% | 8.15% | 4.19% | 10.34% | 8.98% | 8.42% | 5.69% | 6.25% | 8.8% | 6.56% | 4.82% | 4.78% | 7.07% | 7.65% | 4.8% | 9.32% |
| Research & Development | 0 | 0 | 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 | -300K | -1000K | 0 | 0 | 475K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -5.13M | -23.96M | -4.63M | 5.37M | 12.44M | 6.83M | 39.48M | 40.27M | 34.53M | 39.08M | 61.45M | 39.65M | 34.86M | 51.63M | 70.71M | 111.73M | 84.04M | 50.95M | 50.18M | 30.34M |
| Operating Margin % | -2.98% | -19.26% | -3.1% | 3.52% | 7.29% | 4.64% | 26.08% | 24.31% | 21.92% | 25.22% | 34.16% | 25.11% | 24.18% | 31.75% | 41.99% | 54.29% | 48.14% | 34.83% | 37.08% | 31.4% |
| Operating Income Growth % | -141.28% | -450.76% | -111.72% | -86.67% | -63.98% | -82.52% | -35.75% | 1.57% | -0.94% | -24.31% | -13.09% | -64.52% | -58.51% | 1.35% | 40.91% | 268.27% | 273.91% | 1145.07% | 943.77% | 179.05% |
| EBITDA | 64.74M | 48.57M | 60.35M | 74M | 84.64M | 70.24M | 95.06M | 95.76M | 90.68M | 91.71M | 116.47M | 96.96M | 87.73M | 104.22M | 116.03M | 153.94M | 125M | 92.52M | 88.23M | 59.27M |
| EBITDA Margin % | 37.63% | 39.03% | 40.44% | 48.53% | 49.63% | 47.69% | 62.8% | 57.82% | 57.55% | 59.19% | 64.74% | 61.41% | 60.84% | 64.08% | 68.9% | 74.81% | 71.6% | 63.25% | 65.2% | 61.34% |
| EBITDA Growth % | -23.51% | -30.85% | -36.51% | -22.72% | -6.66% | -23.42% | -18.39% | -1.24% | 3.37% | -12% | 0.38% | -37.01% | -29.82% | 12.65% | 31.5% | 159.75% | 132.37% | 227.62% | 247.47% | 1342.67% |
| D&A (Non-Cash Add-back) | 69.87M | 72.53M | 64.98M | 68.64M | 72.2M | 63.41M | 55.57M | 55.49M | 56.15M | 52.63M | 55.02M | 57.32M | 52.87M | 52.59M | 45.32M | 42.22M | 40.96M | 41.57M | 38.05M | 28.93M |
| EBIT | -5.13M | -23.96M | -5.78M | 16.27M | 7.51M | 1.84M | 41.79M | 45.7M | 35.74M | 31M | 60.36M | 35.59M | 35.02M | 49.99M | 71.82M | 103.83M | 65.79M | 29.41M | 57.57M | 5.5M |
| Net Interest Income | -49.48M | -28.04M | -25.25M | -24.11M | -22.81M | -22.48M | -19.21M | -17.38M | -17.73M | -17.49M | -13.23M | -12.03M | -11.07M | -10.31M | -11.42M | -12.19M | -12.13M | -13.03M | -13.61M | -13.94M |
| Interest Income | 401K | 217K | 197K | 251K | 425K | 1.27M | 684K | 1.02M | 692K | 297K | 271K | 647K | 768K | 443K | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 49.88M | 28.26M | 25.45M | 24.37M | 23.23M | 23.75M | 19.89M | 18.4M | 18.42M | 17.79M | 13.5M | 12.68M | 11.84M | 10.75M | 11.42M | 12.19M | 12.13M | 13.03M | 13.61M | 13.94M |
| Other Income/Expense | -140.63M | -153.86M | -26.6M | -13.46M | -28.17M | -28.74M | -17.58M | -12.97M | -17.22M | -25.87M | -14.6M | -16.74M | -11.68M | -12.39M | -10.31M | -20.09M | -30.38M | -34.56M | -6.22M | -38.78M |
| Pretax Income | -145.77M | -177.83M | -31.23M | -8.09M | -15.73M | -21.91M | 21.9M | 27.3M | 17.32M | 13.21M | 46.86M | 22.91M | 23.18M | 39.24M | 60.4M | 91.64M | 53.66M | 16.38M | 43.96M | -8.44M |
| Pretax Margin % | -84.72% | -142.9% | -20.92% | -5.31% | -9.22% | -14.88% | 14.47% | 16.48% | 10.99% | 8.53% | 26.04% | 14.51% | 16.08% | 24.13% | 35.87% | 44.53% | 30.74% | 11.2% | 32.49% | -8.73% |
| Income Tax | -26.59M | -36.68M | -11.28M | 4.65M | 3.55M | 12.3M | 20.77M | -9.07M | 17.39M | 5.5M | 40.33M | 33.73M | 32.88M | 5.97M | 21.73M | 38.67M | 39.54M | -46.14M | 8.96M | 9.19M |
| Effective Tax Rate % | 18.24% | 20.63% | 36.11% | -57.43% | -22.59% | -56.13% | 94.83% | -33.23% | 100.45% | 41.63% | 86.07% | 147.26% | 141.84% | 15.2% | 35.99% | 42.19% | 73.69% | -281.64% | 20.37% | -108.9% |
| Net Income | -119.17M | -141.15M | -19.95M | -12.74M | -19.28M | -34.21M | 1.13M | 36.37M | -78K | 7.71M | 6.53M | -10.82M | -9.7M | 33.27M | 38.66M | 52.97M | 14.12M | 62.52M | 35.01M | -17.63M |
| Net Margin % | -69.26% | -113.42% | -13.37% | -8.36% | -11.31% | -23.23% | 0.75% | 21.96% | -0.05% | 4.98% | 3.63% | -6.86% | -6.73% | 20.46% | 22.96% | 25.74% | 8.09% | 42.74% | 25.87% | -18.24% |
| Net Income Growth % | -518.11% | -312.59% | -1860.81% | -135.03% | -24617.95% | -543.65% | -82.64% | 435.99% | 99.2% | -76.83% | -83.12% | -120.44% | -168.7% | -46.78% | 10.44% | 400.52% | 137.73% | 230.61% | 132.47% | 95.24% |
| Net Income (Continuing) | -119.17M | -141.15M | -19.95M | -12.74M | -19.28M | -34.21M | 1.13M | 36.37M | -78K | 7.71M | 6.53M | -10.82M | -9.7M | 33.27M | 38.66M | 52.97M | 14.12M | 62.52M | 35.01M | -17.63M |
| Discontinued Operations | 0 | 0 | 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 | 0 | 0 |
| EPS (Diluted) | -3.38 | -3.98 | -0.57 | -0.36 | -0.54 | -1.00 | 0.04 | 1.16 | -0.00 | 0.23 | 0.20 | -0.33 | -0.28 | 0.93 | 1.04 | 1.42 | 0.38 | 1.70 | 0.95 | -0.48 |
| EPS Growth % | -525.93% | -298% | -1644.72% | -131.03% | - | -534.78% | -81.14% | 456.81% | 99.11% | -75.23% | -81.21% | -122.97% | -174.26% | -45.42% | 9.39% | 394.71% | 137.19% | 230.39% | 132.4% | 95.24% |
| EPS (Basic) | -3.38 | -3.98 | -0.57 | -0.36 | -0.54 | -1.00 | 0.04 | 1.16 | -0.00 | 0.23 | 0.20 | -0.33 | -0.28 | 0.94 | 1.05 | 1.44 | 0.38 | 1.70 | 0.95 | -0.48 |
| Diluted Shares Outstanding | 35.3M | 35.44M | 35.29M | 35.33M | 35.78M | 34.33M | 30.73M | 31.28M | 31.81M | 32.92M | 33.35M | 33.3M | 34.45M | 35.84M | 37.13M | 37.42M | 37.24M | 37.05M | 36.77M | 36.7M |
| Basic Shares Outstanding | 35.3M | 35.44M | 35.29M | 35.33M | 35.78M | 34.33M | 30.73M | 31.28M | 31.81M | 32.86M | 33.29M | 33.3M | 34.45M | 35.47M | 36.73M | 36.86M | 36.74M | 36.71M | 36.7M | 35.25M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |