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Gran Tierra Energy (GTE) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

Gran Tierra Energy (GTE) reported revenue of $187M for the second quarter 2026 (Q2 2026), +25% from a year earlier and +9% from the quarter before. Operating margin was 23.1%, net earnings $24.9M (13.3% of revenue).

Revenue$187M
Year over year+25%
Quarter over quarter+9%
Operating margin23.1%
Net earnings$24.9M

Gran Tierra Energy, Q2 2026: revenue $187M (+25% year over year), operating margin 23.1%, net earnings $24.9M, operating cash flow $57.4M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$187M+9%+25%
Operating profit$43.2M——
Net earnings$24.9M——
Operating cash flow$57.4M-67%+66%

What changed

Revenue was $187.2M in Q2 2026, up 25% year over year and up 9% from the previous quarter.

Operating profit was $43.2M, a 23.1% margin (up 28.9 points year over year). Total costs fell 9% while revenue rose 25%. Net earnings were $24.9M. The effective tax rate was 45.2%.

Operating cash flow was $57.4M (up 66% year over year), 231% of net earnings. Working capital and other items added $32.6M. Capital expenditures of $61.0M exceeded it, leaving free cash flow of −$3.6M.

Questions

What was Gran Tierra Energy's revenue in the second quarter 2026?

Gran Tierra Energy (GTE) reported revenue of $187M for the second quarter 2026 (Q2 2026), +25% from a year earlier and +9% from the quarter before.

Was Gran Tierra Energy profitable in the second quarter 2026?

Operating profit was $43.2M (23.1% of revenue) and net earnings $24.9M.

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Source: Gran Tierra Energy 10-Q on SEC EDGAR.