Filing Flows › Vitesse Energy (VTS) › Q2 2026
Vitesse Energy (VTS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
Vitesse Energy (VTS) reported revenue of $91.0M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +35% from the quarter before. Operating margin was 22.9%, net earnings $33.1M (36.4% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $91.0M | +35% | +11% |
| Operating profit | $20.9M | +253% | +12% |
| Net earnings | $33.1M | — | +34% |
| Operating cash flow | $25.4M | +6% | -61% |
| Free cash flow | $4.4M | -14% | -86% |
What changed
Revenue was $91.0M in Q2 2026, up 11% year over year and up 35% from the previous quarter. Oil was the largest line at 95% of revenue. Oil added $19.9M year over year (up 30%), 215% of the total change. Natural gas declined 70%.
Operating profit was $20.9M, a 22.9% margin (up 0.1 points year over year). Of the extra revenue versus Q2 2025, 24% reached operating profit, above the 23% margin then. Total costs grew 11% against revenue growth of 11%. The fastest-growing cost line was General & admin (+1877%). Net earnings were $33.1M, up 34% year over year. The effective tax rate was 17.0%. Non-operating items added $19.0M, 48% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $25.4M (down 61% year over year), 77% of net earnings. Non-cash charges added back $2.7M of share-based compensation. Working capital and other items used $10.4M. Capital expenditures of $21.1M left free cash flow of $4.4M.
Questions
What was Vitesse Energy's revenue in the second quarter 2026?
Vitesse Energy (VTS) reported revenue of $91.0M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +35% from the quarter before.
Was Vitesse Energy profitable in the second quarter 2026?
Operating profit was $20.9M (22.9% of revenue) and net earnings $33.1M.
Source: Vitesse Energy 10-Q on SEC EDGAR.