Trio Petroleum Corp. (TPET) Financial Statements
Industry: Crude Petroleum & Natural Gas
In fiscal 2025, Trio Petroleum reported revenue of $30,000, down 85.9% from $213,204 the year before. Net income was -$7.3M (a -24273.8% net margin), or -$7.20 per diluted share. Gross margin was 743.4% and operating margin was -17573.7%. Operating activities generated -$2.6M of cash. At fiscal year end, Trio Petroleum held $13.2M in total assets against $1.9M in total liabilities.
Open the full interactive Trio Petroleum financials → Quarterly statements, key ratios, valuation history and price charts.
Trio Petroleum Key Stats
| Share Price | $1.60 |
|---|---|
| Market Cap | $8.1M |
| Revenue YoY Growth | -85.9% |
| 52-Week Range | $1.55 – $17.55 |
| Shares Outstanding | 5.1 million (basic, 2026 Q3) |
Trio Petroleum Income Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Revenue | — | $213,204 | $30,000 |
| Gross Profit | — | — | $223,005 |
| Operating Income | -$4.6M | -$6.2M | -$5.3M |
| Pre-Tax Income | -$6.5M | -$9.6M | -$7.3M |
| Net Income | -$6.5M | -$9.6M | -$7.3M |
| Diluted EPS | -$50.40 | -$38.88 | -$7.20 |
Trio Petroleum Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | — | $122,193 | $208,257 | $348,581 |
| Net Income | -$2.7M | -$1.0M | -$1.4M | -$2.0M |
| Diluted EPS | -$0.30 | -$0.90 | -$0.45 | -$0.39 |
Trio Petroleum Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Current Assets | $1.7M | $565,219 | $1.1M |
| Total Assets | $11.6M | $11.7M | $13.2M |
| Current Liabilities | $1.9M | $2.6M | $1.9M |
| Total Long-Term Debt | $1.2M | $877,852 | $467,179 |
| Total Liabilities | $1.9M | $2.6M | $1.9M |
| Shareholders' Equity | $9.7M | $9.0M | $11.3M |
Trio Petroleum Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash From Operations | -$4.0M | -$3.8M | -$2.6M |
| Cash From Investing | -$2.2M | -$1.1M | -$978,563 |
| Cash From Financing | $7.7M | $3.7M | $4.2M |
Figures from Trio Petroleum's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Trio Petroleum financials page for every line item.
Trio Petroleum Company Profile
| Ticker | TPET |
|---|---|
| Exchange | NYSE |
| Industry | Crude Petroleum & Natural Gas |
| Headquarters | Boca Raton, Florida |
| Incorporated in | Delaware |
| Fiscal Year End | October 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001898766 |
Frequently Asked Questions
What was Trio Petroleum's revenue in fiscal 2025?
Trio Petroleum (TPET) reported revenue of $30,000 for fiscal 2025.
What was Trio Petroleum's net income in fiscal 2025?
Trio Petroleum reported net income of -$7.3M for fiscal 2025.
What was Trio Petroleum's earnings per share (EPS) in fiscal 2025?
Trio Petroleum's diluted EPS was -$7.20 for fiscal 2025 (adjusted for any later stock splits).
What was Trio Petroleum's revenue last quarter?
In its most recent reported quarter (2026 Q3), Trio Petroleum reported revenue of $348,581.
How much debt does Trio Petroleum have?
Trio Petroleum reported $467,179 of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Trio Petroleum are outstanding?
Trio Petroleum reported a weighted average of 5.1 million basic shares outstanding in 2026 Q3.
What is Trio Petroleum's market cap?
Based on its latest closing price, Trio Petroleum (TPET) has a market capitalization of about $8.1M.
When does Trio Petroleum's fiscal year end?
Trio Petroleum's fiscal year end, as registered with the SEC, is October 31.
Where is Trio Petroleum headquartered?
Trio Petroleum lists its business address in Boca Raton, Florida in its SEC filings.