Filing Flows › Trio Petroleum (TPET) › Q3 FY26
Trio Petroleum (TPET) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Sep 9, 2026
Trio Petroleum (TPET) reported revenue of $349K for the third quarter fiscal 2026 (Q3 FY26), +81% from a year earlier and +67% from the quarter before. Operating margin was -605.5%, net loss $2.0M (565.6% of revenue).
Trio Petroleum, Q3 FY26: revenue $349K (+81% year over year), operating margin -605.5%, net loss $2.0M, operating cash flow −$397K. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $349K | +67% | +81% |
| Operating profit | −$2.1M | — | — |
| Net earnings | −$2.0M | — | — |
| Operating cash flow | −$397K | — | — |
What changed
Revenue was $349K in Q3 FY26, up 81% year over year and up 67% from the previous quarter.
Gross margin was 31.0%, down 17.8 points from Q3 FY25. Operating costs exceeded revenue by $2.1M, an operating margin of -605.5%. Operating expenses grew 189% against revenue growth of 81%. The quarter ended with a net loss of $2.0M, wider than the previous quarter's $1.3M loss.
Operating cash flow was −$397K. Non-cash charges added back $1.3M of share-based compensation. Working capital and other items added $321K.
Questions
What was Trio Petroleum's revenue in the third quarter fiscal 2026?
Trio Petroleum (TPET) reported revenue of $349K for the third quarter fiscal 2026 (Q3 FY26), +81% from a year earlier and +67% from the quarter before.
Was Trio Petroleum profitable in the third quarter fiscal 2026?
Operating loss was $2.1M (-605.5% of revenue) and net loss $2.0M.
Source: Trio Petroleum 10-Q on SEC EDGAR.