Filing Flows › Vitesse Energy (VTS) › Q2 2026 › vs Q1 2026
Vitesse Energy (VTS) Q2 2026 vs Q1 2026 (quarter over quarter)
Vitesse Energy's revenue rose $23.6M (+35%) from $67.4M in Q1 2026 to $91.0M in Q2 2026. The biggest changes: Oil +$26.5M (+44%); Natural gas −$2.9M (-39%). Operating margin 22.9% against 8.8% (+14.2 pts).
Vitesse Energy, Q2 2026: revenue $91.0M (+11% year over year), operating margin 22.9%, net earnings $33.1M, operating cash flow $25.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 22.9% | 8.8% | +14.2 pts |
| Net margin | 36.4% | -62.7% | +99.1 pts |
| Free cash flow margin | 4.8% | 7.5% | -2.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Oil | $86.5M | $60.0M | $26.5M | +44% |
| Natural gas | $4.5M | $7.4M | −$2.9M | -39% |
| Revenue | $91.0M | $67.4M | $23.6M | +35% |
| Other income, net | $19.0M | −$57.7M | $76.6M | — |
| Operating profit | $20.9M | $5.9M | $15.0M | +253% |
| Costs & expenses | $70.1M | $61.5M | $8.6M | +14% |
| Pre-tax earnings | $39.9M | −$51.7M | $91.6M | — |
| General & admin | $6.2M | $8.6M | −$2.4M | -28% |
| Other operating costs | $64.0M | $52.9M | $11.1M | +21% |
| Net earnings | $33.1M | −$42.3M | $75.4M | — |
| Income tax | $6.8M | −$9.5M | $16.2M | — |
| Share-based compensation | $2.7M | $725K | $2.0M | +277% |
| Working capital & other | $10.4M | −$65.6M | $76.0M | — |
| Operating cash flow | $25.4M | $24.0M | $1.4M | +6% |
| Free cash flow (OCF − capex) | $4.4M | $5.0M | −$680K | -14% |
| Capital expenditures | $21.1M | $19.0M | $2.1M | +11% |
Questions
How much did Vitesse Energy's revenue grow quarter over quarter in Q2 2026?
Vitesse Energy's revenue rose $23.6M (+35%) from $67.4M in Q1 2026 to $91.0M in Q2 2026.
What drove Vitesse Energy's revenue change in Q2 2026?
Oil +$26.5M (+44%); Natural gas −$2.9M (-39%).