Filing Flows › Trio Petroleum (TPET) › Q3 FY25
Trio Petroleum (TPET) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Sep 12, 2025
Trio Petroleum (TPET) reported revenue of $192K for the third quarter fiscal 2025 (Q3 FY25), +205% from a year earlier and +727% from the quarter before. Operating margin was -350.9%, net loss $1.4M (720.8% of revenue).
Trio Petroleum, Q3 FY25: revenue $192K (+205% year over year), operating margin -350.9%, net loss $1.4M, operating cash flow −$355K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $192K | +727% | +205% |
| Operating profit | −$675K | — | — |
| Net earnings | −$1.4M | — | — |
| Operating cash flow | −$355K | — | — |
What changed
Revenue was $192K in Q3 FY25, up 205% year over year and up 727% from the previous quarter.
Gross margin was 48.8%, down 51.2 points from a year earlier. Operating costs exceeded revenue by $675K, an operating margin of -350.9%. Operating expenses fell 51% while revenue rose 205%. The quarter ended with a net loss of $1.4M, narrower than the previous quarter's $1.6M loss. Net interest and other expense of $712K was the main reason.
Operating cash flow was −$355K. Non-cash charges added back $97K of share-based compensation. Working capital and other items added $935K. Capital expenditures of $496K exceeded it, leaving free cash flow of −$851K.
Questions
What was Trio Petroleum's revenue in the third quarter fiscal 2025?
Trio Petroleum (TPET) reported revenue of $192K for the third quarter fiscal 2025 (Q3 FY25), +205% from a year earlier and +727% from the quarter before.
Was Trio Petroleum profitable in the third quarter fiscal 2025?
Operating loss was $675K (-350.9% of revenue) and net loss $1.4M.
Source: Trio Petroleum 10-Q on SEC EDGAR.