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Trio Petroleum's gross profit for the
three
months ended in Apr. 2026 was $-0.11 Mil. Trio Petroleum's gross profit for the trailing twelve months (TTM) ended in Apr. 2026 was $0.15 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Trio Petroleum's gross profit for the
three
months ended in Apr. 2026 was $-0.11 Mil. Trio Petroleum's Revenue for the
three
months ended in Apr. 2026 was $0.21 Mil. Therefore, Trio Petroleum's Gross Margin % for the quarter that ended in Apr. 2026 was -50.96%.
Trio Petroleum had a gross margin of -50.96% for the quarter that ended in Apr. 2026 => No sustainable competitive advantage
During the past 5 years, the highestGross Margin % of Trio Petroleum was 55.89%. The lowest was 21.04%. And the median was 55.89%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Trio Petroleum had a gross margin of -50.96% for the quarter that ended in Apr. 2026 => No sustainable competitive advantage
Trio Petroleum Gross Profit Related Terms
Trio Petroleum Gross Profit Historical Data
* Premium members only.
The historical data trend for Trio Petroleum's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Trio Petroleum's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Trio Petroleum Gross Profit vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Trio Petroleum's Gross Profit distribution charts can be found below:
* The bar in red indicates where Trio Petroleum's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.15 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Trio Petroleum (TPET) has a Gross Profit of $0.15 Mil as of Apr. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Trio Petroleum and its competitors.
Is Trio Petroleum's Gross Profit too high?
Trio Petroleum's current Gross Profit is $0.15 Mil. Overall, Trio Petroleum has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Trio Petroleum's Gross Profit compare to NRIS and BRN?
Trio Petroleum's Gross Profit of $0.15 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Oil & Gas company?
A good Gross Profit depends on the Oil & Gas industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Trio Petroleum and its competitors. Trio Petroleum's current Gross Profit is $0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trio Petroleum stock overvalued right now?
Trio Petroleum (TPET) has a current Gross Profit of $0.15 Mil. The current Gross Profit is $0.15 Mil. Trio Petroleum's overall GF Score™ is 35/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Trio Petroleum (TPET), the current Gross Profit is $0.15 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Trio Petroleum Corp is an oil and gas exploration and development company with operations in Monterey County, California, and Uintah County, Utah. The Company holds a working interest in the South Salinas Project and a mineral leasehold consisting of a largely contiguous land package. The South Salinas Project includes six existing idle wells and one active well (the HV-1 well). Trio LLC is a licensed operator in California and operates the South Salinas Project and the McCool Ranch Oil Field on behalf of the Company.
35GF Score
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