Filing Flows › Trio Petroleum (TPET) › Q2 FY26
Trio Petroleum (TPET) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Jun 11, 2026
Trio Petroleum (TPET) reported revenue of $208K for the second quarter fiscal 2026 (Q2 FY26), +795% from a year earlier and +70% from the quarter before. Operating margin was -674.5%, net loss $1.4M (656.6% of revenue).
Trio Petroleum, Q2 FY26: revenue $208K (+795% year over year), operating margin -674.5%, net loss $1.4M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $208K | +70% | +795% |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$1.4M | — | — |
| Operating cash flow | −$1.6M | — | — |
What changed
Revenue was $208K in Q2 FY26, up 795% year over year and up 70% from the previous quarter.
Operating costs exceeded revenue by $1.4M, an operating margin of -674.5%. The fastest-growing cost line was Other operating costs (+836%). The quarter ended with a net loss of $1.4M, wider than the previous quarter's $1.0M loss.
Operating cash flow was −$1.6M. Non-cash charges added back $41K of share-based compensation. Working capital and other items used $294K. Capital expenditures of $0K exceeded it, leaving free cash flow of −$1.6M.
Questions
What was Trio Petroleum's revenue in the second quarter fiscal 2026?
Trio Petroleum (TPET) reported revenue of $208K for the second quarter fiscal 2026 (Q2 FY26), +795% from a year earlier and +70% from the quarter before.
Was Trio Petroleum profitable in the second quarter fiscal 2026?
Operating loss was $1.4M (-674.5% of revenue) and net loss $1.4M.
Source: Trio Petroleum 10-Q on SEC EDGAR.