Gran Tierra Energy Inc. (GTE) Income Statement
GTE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsGTE revenue and net income
Where GTE's revenue goes
2025Each bar shows an amount and its share of revenue. GTE kept −32.4% of revenue as net income.
GTE profit margins
GTE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −4.0% | −5.7% | +20.2% | +8.0% |
| Gross profit | −69.1% | −47.3% | — | — |
| Operating income | −108.9% | — | — | — |
| Net income | −6,104.9% | — | — | — |
| EPS (diluted) | −1,662.9% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GTE quarterly EPS vs estimates
Gran Tierra Energy beat the analyst EPS estimate in 1 of the last 7 quarters. Next report: October 29, 2026 (estimate $0.66).
GTE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $596.7M | $621.8M | $637.0M | $711.4M | $473.7M | $237.8M | $571.0M | $613.4M | $421.7M | $289.3M |
| Cost of revenue | $544.1M | $451.4M | $417.0M | $352.9M | $283.5M | $286.7M | $428.6M | $372.6M | $266.3M | $258.2M |
| Gross profit | $52.6M | $170.4M | $220.0M | $358.5M | $190.2M | −$48.8M | $142.3M | $240.9M | $155.4M | $31.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $60.1M | $49.6M | $45.8M | $41.0M | $36.3M | $23.7M | $34.7M | $39.5M | $39.0M | $33.2M |
| Total operating expenses | $63.4M | $49.3M | $40.8M | $41.0M | $36.3M | $29.5M | $34.7M | $39.5M | $40.2M | $37.0M |
| Operating income | −$10.8M | $121.1M | $179.1M | $317.6M | $153.9M | −$78.3M | $107.6M | $201.4M | $115.2M | −$5.9M |
| Interest income | $1.1M | $3.7M | $2.0M | $443,000 | $0 | $345,000 | $696,000 | $2.1M | $1.2M | $2.4M |
| Interest expense | $101.3M | $80.5M | $55.8M | $46.5M | $54.4M | $54.1M | $43.3M | $27.4M | $13.9M | $14.1M |
| Income before taxes | −$232.9M | $44.6M | $106.2M | $244.9M | $23.1M | −$853.4M | $96.0M | $151.5M | $37.3M | −$650.2M |
| Income taxes | −$39.8M | $41.4M | $112.4M | $105.9M | −$19.3M | −$75.4M | $57.3M | $48.9M | $69.0M | −$184.7M |
| Net income | −$193.1M | $3.2M | −$6.3M | $139.0M | $42.5M | −$778.0M | $38.7M | $102.6M | −$31.7M | −$465.6M |
| EBITDA | $146.8M | $355.7M | $377.6M | $474.5M | $217.4M | −$635.0M | $364.3M | $376.7M | $182.5M | −$496.6M |
| EPS (diluted) | −$5.47 | $0.35 | $1.00 | $3.70 | $1.20 | −$8.67 | $0.37 | $2.32 | $0.08 | $3.78 |
| Gross margin | 8.8% | 27.4% | 34.5% | 50.4% | 40.2% | −20.5% | 24.9% | 39.3% | 36.9% | 10.7% |
| Operating margin | −1.8% | 19.5% | 28.1% | 44.6% | 32.5% | −32.9% | 18.8% | 32.8% | 27.3% | −2.1% |
| Net margin | −32.4% | 0.5% | −1.0% | 19.5% | 9.0% | −327.1% | 6.8% | 16.7% | −7.5% | −160.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $187.2M | $172.1M | $124.4M | $149.3M | $152.5M | $170.5M | $147.3M | $151.4M | $165.6M | $157.6M | $154.9M | $179.9M |
| Cost of revenue | $55.5M | $141.3M | $127.9M | $137.7M | $132.1M | $146.5M | $128.5M | $105.5M | $108.2M | $109.2M | $104.2M | $108.2M |
| Gross profit | $131.7M | $30.7M | −$3.4M | $11.6M | $20.4M | $24.1M | $18.8M | $45.8M | $57.4M | $48.4M | $50.7M | $71.7M |
| Sales, general & admin | $9.5M | $34.8M | $33.4M | $13,596 | $15.0M | $11.6M | $12.0M | $6.3M | $17.1M | $14.1M | $13.0M | $10.2M |
| Total operating expenses | $86.4M | $35.9M | $20.5M | $16.2M | $15.0M | $11.6M | $12.0M | $6.3M | $17.1M | $13.8M | $11.6M | $10.2M |
| Operating income | $45.3M | −$5.1M | −$24.0M | −$4.6M | $5.4M | $12.4M | $6.8M | $39.5M | $40.3M | $34.5M | $39.1M | $61.5M |
| Interest income | $503,000 | $401,000 | $217,000 | $197,000 | $251,000 | $425,000 | $1.3M | $684,000 | $1.0M | $692,000 | $297,000 | $271,000 |
| Interest expense | $24.5M | $49.9M | $28.3M | $25.4M | $24.4M | $23.2M | $23.8M | $19.9M | $18.4M | $18.4M | $17.8M | $13.5M |
| Income before taxes | $45.3M | −$145.8M | −$177.8M | −$31.2M | −$8.1M | −$15.7M | −$21.9M | $21.9M | $27.3M | $17.3M | $13.2M | $46.9M |
| Income taxes | $20.5M | −$26.6M | −$36.7M | −$11.3M | $4.6M | $3.6M | $12.3M | $20.8M | −$9.1M | $17.4M | $5.5M | $40.3M |
| Net income | $24.9M | −$119.2M | −$141.1M | −$19.9M | −$12.7M | −$19.3M | −$34.2M | $1.1M | $36.4M | −$78,000 | $7.7M | $6.5M |
| EBITDA | $83.7M | −$26.0M | −$77.0M | $59.2M | $84.9M | $79.7M | $65.2M | $97.4M | $101.2M | $91.9M | $83.6M | $115.4M |
| EPS (diluted) | $0.70 | −$3.38 | −$4.00 | −$0.57 | −$0.36 | −$0.54 | −$0.85 | $0.04 | $1.16 | −$0.00 | $0.23 | $0.20 |
| Gross margin | 70.4% | 17.9% | −2.8% | 7.8% | 13.4% | 14.1% | 12.8% | 30.3% | 34.7% | 30.7% | 32.7% | 39.8% |
| Operating margin | 24.2% | −3.0% | −19.3% | −3.1% | 3.5% | 7.3% | 4.6% | 26.1% | 24.3% | 21.9% | 25.2% | 34.2% |
| Net margin | 13.3% | −69.3% | −113.4% | −13.4% | −8.4% | −11.3% | −23.2% | 0.7% | 22.0% | −0.0% | 5.0% | 3.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GTE's financial statements (latest annual report filed March 4, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GTE financial results
In fiscal year 2025 (ended December 31, 2025), Gran Tierra Energy reported revenue of $596.7 million, down 4.0% from the year before. It had a net loss of $193.1 million, a net profit margin of −32.4%. Diluted earnings per share came to −$5.47. Over five years revenue grew at an average rate of 20.2% a year.
See the GTE stock overview for the latest quote and news, or the GTE chart for price history and technical indicators.
GTE income statement FAQ
What is Gran Tierra Energy's annual revenue?
Gran Tierra Energy reported total revenue of $596.7 million for fiscal year 2025, which ended on December 31, 2025. That was down 4.0% from $621.8 million the previous year.
Is Gran Tierra Energy profitable?
No. Gran Tierra Energy reported a net loss of $193.1 million in fiscal 2025, a net profit margin of −32.4%; its operating margin was −1.8%.
What is Gran Tierra Energy's gross margin?
Gran Tierra Energy's gross margin was 8.8% in fiscal 2025: for every $100 of revenue, Gran Tierra Energy kept $9 after the direct cost of its products and services.
How fast is Gran Tierra Energy growing?
Revenue grew 20.2% a year on average over the last five fiscal years, from $237.8 million to $596.7 million.
What are Gran Tierra Energy's earnings per share?
Gran Tierra Energy earned $-5.47 per diluted share in fiscal 2025, compared with $0.35 a year earlier.
When will Gran Tierra Energy report its next earnings?
Gran Tierra Energy is expected to report results for the quarter ending September 30, 2026 on October 29, 2026.
When does Gran Tierra Energy's fiscal year end?
Gran Tierra Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 4, 2026.