Filing Flows › Vitesse Energy (VTS) › Q2 2026 › vs Q2 2025
Vitesse Energy (VTS) Q2 2026 vs Q2 2025 (year over year)
Vitesse Energy's revenue rose $9.2M (+11%) from $81.8M in Q2 2025 to $91.0M in Q2 2026. The biggest changes: Oil +$19.9M (+30%); Natural gas −$10.6M (-70%). Operating margin 22.9% against 22.8% (+0.1 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 22.9% | 22.8% | +0.1 pts |
| Net margin | 36.4% | 30.2% | +6.2 pts |
| Free cash flow margin | 4.8% | 37.2% | -32.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Oil | $86.5M | $66.6M | $19.9M | +30% |
| Natural gas | $4.5M | $15.1M | −$10.6M | -70% |
| Revenue | $91.0M | $81.8M | $9.2M | +11% |
| Other income, net | $19.0M | $15.9M | $3.1M | +20% |
| Operating profit | $20.9M | $18.7M | $2.2M | +12% |
| Costs & expenses | $70.1M | $63.1M | $7.0M | +11% |
| Pre-tax earnings | $39.9M | $34.5M | $5.3M | +15% |
| General & admin | $6.2M | $311K | $5.8M | 20× |
| Other operating costs | $64.0M | $62.8M | $1.2M | +2% |
| Net earnings | $33.1M | $24.7M | $8.4M | +34% |
| Income tax | $6.8M | $9.9M | −$3.1M | -31% |
| Share-based compensation | $2.7M | $2.4M | $332K | +14% |
| Working capital & other | $10.4M | −$39.0M | $49.3M | — |
| Operating cash flow | $25.4M | $66.0M | −$40.6M | -61% |
| Free cash flow (OCF − capex) | $4.4M | $30.4M | −$26.0M | -86% |
| Capital expenditures | $21.1M | $35.6M | −$14.5M | -41% |
Questions
How much did Vitesse Energy's revenue grow year over year in Q2 2026?
Vitesse Energy's revenue rose $9.2M (+11%) from $81.8M in Q2 2025 to $91.0M in Q2 2026.
What drove Vitesse Energy's revenue change in Q2 2026?
Oil +$19.9M (+30%); Natural gas −$10.6M (-70%).