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Gran Tierra Energy (GTE) Q3 2025 earnings results (third quarter 2025)

10-Q filed Oct 31, 2025

Gran Tierra Energy (GTE) reported revenue of $149M for the third quarter 2025 (Q3 2025), -1% from a year earlier and -0.1% from the quarter before. Operating margin was -21.7%, net loss $19.9M (13.4% of revenue).

Revenue$149M
Year over year-1%
Quarter over quarter-0.1%
Operating margin-21.7%
Net earnings−$19.9M

Gran Tierra Energy, Q3 2025: revenue $149M (-1% year over year), operating margin -21.7%, net loss $19.9M, operating cash flow $48.1M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$149M-0.1%-1%
Operating profit−$32.4M——
Net earnings−$19.9M——
Operating cash flow$48.1M+39%-39%

What changed

Revenue was $149.3M in Q3 2025, down 1% year over year and roughly flat from the previous quarter.

Operating costs exceeded revenue by $32.4M, an operating margin of -21.7%. Total costs grew 40% against a revenue fall of 1%. The fastest-growing cost line was General & admin (+114%). The quarter ended with a net loss of $19.9M, wider than the previous quarter's $12.7M loss.

Operating cash flow was $48.1M (down 39% year over year). Non-cash charges added back $143K of share-based compensation. Working capital and other items added $68.0M. Capital expenditures of $64.2M exceeded it, leaving free cash flow of −$16.0M.

Questions

What was Gran Tierra Energy's revenue in the third quarter 2025?

Gran Tierra Energy (GTE) reported revenue of $149M for the third quarter 2025 (Q3 2025), -1% from a year earlier and -0.1% from the quarter before.

Was Gran Tierra Energy profitable in the third quarter 2025?

Operating loss was $32.4M (-21.7% of revenue) and net loss $19.9M.

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