Vitesse Energy, Inc. (VTS) Income Statement
VTS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsVTS revenue and net income
Where VTS's revenue goes
2025Each bar shows an amount and its share of revenue. VTS kept 9.2% of revenue as net income.
VTS profit margins
VTS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +13.2% | −0.9% | +23.0% | — |
| Gross profit | −28.8% | −31.8% | — | — |
| Operating income | −58.2% | −51.9% | — | — |
| Net income | +20.0% | −40.3% | — | — |
| EPS (diluted) | +3.1% | +51.4% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
VTS quarterly EPS vs estimates
Vitesse Energy beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 2, 2026 (estimate $0.02).
VTS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $274.0M | $242.0M | $233.9M | $281.9M | $185.2M | $97.2M | $171.3M |
| Cost of revenue | $222.3M | $169.4M | $142.9M | $119.0M | $58.4M | $109.2M | $58.4M |
| Gross profit | $51.7M | $72.6M | $91.0M | $162.9M | $126.7M | −$12.0M | $112.9M |
| Sales, general & admin | $34.6M | $31.6M | $56.2M | $9.1M | $12.0M | $8.7M | $11.3M |
| Total operating expenses | $34.6M | $31.6M | $56.2M | $9.1M | $72.8M | $21.9M | $76.0M |
| Operating income | $17.1M | $41.0M | $34.9M | $153.9M | $53.9M | −$33.8M | $36.9M |
| Interest income | $17.7M | $12.3M | $7.2M | $35.0M | $35.8M | $25.0M | $1.0M |
| Interest expense | $10.2M | $10.0M | $5.3M | $4.2M | $3.2M | $4.7M | $4.8M |
| Income before taxes | $35.1M | $28.7M | $42.2M | $118.9M | $18.1M | −$8.9M | $35.9M |
| Income taxes | $9.8M | $7.7M | $61.9M | $3.2M | $3.2M | $4.7M | $4.9M |
| Net income | $25.3M | $21.1M | −$21.6M | $118.9M | $18.1M | −$8.9M | $35.9M |
| EBITDA | $174.7M | $139.0M | $129.2M | $186.8M | $82.2M | $54.1M | $105.4M |
| EPS (diluted) | $0.66 | $0.64 | $1.78 | $0.19 | $0.04 | −$0.02 | — |
| Gross margin | 18.9% | 30.0% | 38.9% | 57.8% | 68.4% | −12.3% | 65.9% |
| Operating margin | 6.3% | 16.9% | 14.9% | 54.6% | 29.1% | −34.8% | 21.5% |
| Net margin | 9.2% | 8.7% | −9.2% | 42.2% | 9.8% | −9.1% | 21.0% |
| 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 | $91.0M | $67.4M | $58.6M | $67.4M | $81.8M | $66.2M | $55.9M | $58.3M | $66.6M | $61.2M | $69.3M | $55.1M |
| Cost of revenue | $26.4M | $52.2M | $56.8M | $58.9M | $60.4M | $46.2M | $43.4M | $41.9M | $43.0M | $41.1M | $42.9M | $34.1M |
| Gross profit | $64.6M | $15.2M | $1.8M | $8.5M | $21.4M | $20.0M | $12.5M | $16.4M | $23.6M | $20.1M | $26.4M | $20.9M |
| Sales, general & admin | $6.2M | $8.6M | $1.3M | $5.7M | $2.7M | $14.6M | $10.4M | $7.4M | $6.8M | $7.0M | $6.5M | $5.0M |
| Total operating expenses | $43.7M | $9.3M | $8.8M | $8.4M | $2.7M | $14.6M | $10.4M | $7.4M | $6.8M | $7.0M | $6.5M | $5.0M |
| Operating income | $20.9M | $5.9M | −$7.0M | $108,000 | $18.7M | $5.4M | $2.1M | $9.0M | $16.8M | $13.1M | $19.9M | $15.9M |
| Interest income | — | — | $6.6M | $1.7M | $15.9M | $3.1M | $8.7M | $14.6M | — | — | — | $18.2M |
| Interest expense | $3.0M | $2.6M | $8.5M | $2.4M | $2.5M | $2.9M | $2.5M | $2.7M | $2.6M | $2.2M | $1.8M | $1.2M |
| Income before taxes | $39.9M | −$51.7M | −$357,000 | −$1.6M | $34.5M | $2.5M | −$6.6M | $23.7M | $14.6M | −$2.9M | $35.5M | −$2.3M |
| Income taxes | $6.8M | −$9.5M | $382,000 | −$254,000 | $9.9M | −$201,000 | −$1.5M | $6.2M | $3.7M | −$731,000 | $15.6M | −$796,000 |
| Net income | $33.1M | −$42.3M | −$739,000 | −$1.3M | $24.7M | $2.7M | −$5.1M | $17.4M | $10.9M | −$2.2M | $19.9M | −$1.5M |
| EBITDA | $33.7M | −$17.9M | $36.1M | $35.0M | $71.6M | $31.9M | $22.4M | $51.3M | $42.5M | $22.8M | $62.8M | $17.9M |
| EPS (diluted) | $0.05 | −$0.01 | $0.01 | −$0.03 | $0.45 | $0.23 | −$0.28 | $0.23 | $0.35 | $0.34 | $0.52 | $0.38 |
| Gross margin | 71.0% | 22.6% | 3.1% | 12.7% | 26.1% | 30.2% | 22.4% | 28.2% | 35.4% | 32.8% | 38.0% | 38.0% |
| Operating margin | 22.9% | 8.8% | −12.0% | 0.2% | 22.8% | 8.1% | 3.7% | 15.4% | 25.2% | 21.4% | 28.7% | 28.9% |
| Net margin | 36.4% | −62.7% | −1.3% | −1.9% | 30.2% | 4.0% | −9.2% | 29.9% | 16.4% | −3.6% | 28.7% | −2.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VTS's financial statements (latest annual report filed March 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VTS financial results
In fiscal year 2025 (ended December 31, 2025), Vitesse Energy reported revenue of $274.0 million, up 13.2% from the year before. It had net income of $25.3 million (up 20.0%), a net profit margin of 9.2%. Diluted earnings per share came to $0.66. Over five years revenue grew at an average rate of 23.0% a year.
See the VTS stock overview for the latest quote and news, or the VTS chart for price history and technical indicators.
VTS income statement FAQ
What is Vitesse Energy's annual revenue?
Vitesse Energy reported total revenue of $274.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 13.2% from $242.0 million the previous year.
Is Vitesse Energy profitable?
Yes. Vitesse Energy reported net income of $25.3 million in fiscal 2025, a net profit margin of 9.2%; its operating margin was 6.3%.
What is Vitesse Energy's gross margin?
Vitesse Energy's gross margin was 18.9% in fiscal 2025: for every $100 of revenue, Vitesse Energy kept $19 after the direct cost of its products and services.
How fast is Vitesse Energy growing?
Revenue grew 23.0% a year on average over the last five fiscal years, from $97.2 million to $274.0 million.
What are Vitesse Energy's earnings per share?
Vitesse Energy earned $0.66 per diluted share in fiscal 2025, compared with $0.64 a year earlier.
When will Vitesse Energy report its next earnings?
Vitesse Energy is expected to report results for the quarter ending September 30, 2026 on November 2, 2026 after the market closes.
When does Vitesse Energy's fiscal year end?
Vitesse Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 2, 2026.