Filing Flows › Gran Tierra Energy (GTE) › Q2 2025
Gran Tierra Energy (GTE) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Gran Tierra Energy (GTE) reported revenue of $149M for the second quarter 2025 (Q2 2025), -10% from a year earlier and -11% from the quarter before. Operating margin was -5.8%, net loss $12.7M (8.5% of revenue).
Gran Tierra Energy, Q2 2025: revenue $149M (-10% year over year), operating margin -5.8%, net loss $12.7M, operating cash flow $34.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $149M | -11% | -10% |
| Operating profit | −$8.7M | — | — |
| Net earnings | −$12.7M | — | — |
| Operating cash flow | $34.7M | -53% | -53% |
What changed
Revenue was $149.4M in Q2 2025, down 10% year over year and down 11% from the previous quarter.
Operating costs exceeded revenue by $8.7M, an operating margin of -5.8%. Total costs grew 13% against a revenue fall of 10%. The fastest-growing cost line was Other operating costs (+17%). The quarter ended with a net loss of $12.7M, narrower than the previous quarter's $19.3M loss.
Operating cash flow was $34.7M (down 53% year over year). Non-cash charges added back $546K of share-based compensation. Working capital and other items added $46.9M. Capital expenditures of $86.5M exceeded it, leaving free cash flow of −$51.8M.
Questions
What was Gran Tierra Energy's revenue in the second quarter 2025?
Gran Tierra Energy (GTE) reported revenue of $149M for the second quarter 2025 (Q2 2025), -10% from a year earlier and -11% from the quarter before.
Was Gran Tierra Energy profitable in the second quarter 2025?
Operating loss was $8.7M (-5.8% of revenue) and net loss $12.7M.
Source: Gran Tierra Energy 10-Q on SEC EDGAR.