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Gran Tierra Energy (GTE) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 6, 2026

Gran Tierra Energy (GTE) reported revenue of $168M for the third quarter 2026 (Q3 2026), +13% from a year earlier and -10% from the quarter before. Operating margin was -41.2%, net loss $42.4M (25.2% of revenue).

Revenue$168M
Year over year+13%
Quarter over quarter-10%
Operating margin-41.2%
Net earnings−$42.4M

Gran Tierra Energy, Q3 2026: revenue $168M (+13% year over year), operating margin -41.2%, net loss $42.4M, operating cash flow $26.6M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$168M-10%+13%
Operating profit−$69.4M-260%—
Net earnings−$42.4M-271%—
Operating cash flow$26.6M-54%-45%

What changed

Revenue was $168.3M in Q3 2026, up 13% year over year and down 10% from the previous quarter.

Operating costs exceeded revenue by $69.4M, an operating margin of -41.2%. Total costs grew 31% against revenue growth of 13%. The fastest-growing cost line was General & admin (+216%). The quarter ended with a net loss of $42.4M, after a profit of $24.9M the previous quarter.

Operating cash flow was $26.6M (down 45% year over year). Non-cash charges added back $30.5M of share-based compensation. Working capital and other items added $38.5M. Capital expenditures of $45.6M exceeded it, leaving free cash flow of −$19.0M.

Questions

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

Gran Tierra Energy (GTE) reported revenue of $168M for the third quarter 2026 (Q3 2026), +13% from a year earlier and -10% from the quarter before.

Was Gran Tierra Energy profitable in the third quarter 2026?

Operating loss was $69.4M (-41.2% of revenue) and net loss $42.4M.

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