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Royale Energy vs Trio Petroleum: ROYL and TPET compared
Royale Energy is the larger company: $680K of revenue in its latest quarter (Q2 2026) against $349K for Trio Petroleum (Q3 FY26). Royale Energy is growing faster (+96% against +81% a year earlier). Royale Energy is more profitable, with an operating margin of -100.2% against -605.5%.
Where the money goes: ROYL and TPET
Royale Energy (ROYL) · Q2 2026
Royale Energy, Q2 2026: revenue $680K (+96% year over year), operating margin -100.2%, net loss $813K, operating cash flow $879K. The chart follows the revenue to costs, profit and cash.
Trio Petroleum (TPET) · Q3 FY26
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.
| Royale Energy (ROYL) | Trio Petroleum (TPET) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 FY26 |
| Revenue | $680K | $349K |
| Revenue growth, Y/Y | +96% | +81% |
| Operating margin | -100.2% | -605.5% |
| Net earnings | −$813K | −$2.0M |
| Net margin | -119.6% | -565.6% |
| Operating cash flow | $879K | −$397K |
Where the revenue comes from
Royale Energy
- Oil and Gas: $670K (98%)
- Management Service: $10K (2%)
Questions
Which is bigger, Royale Energy or Trio Petroleum?
Royale Energy is the larger company: $680K of revenue in its latest quarter (Q2 2026) against $349K for Trio Petroleum (Q3 FY26).
Is Royale Energy or Trio Petroleum growing faster?
Royale Energy is growing faster (+96% against +81% a year earlier).
Which is more profitable, Royale Energy or Trio Petroleum?
Royale Energy is more profitable, with an operating margin of -100.2% against -605.5%.
More: Royale Energy earnings · how Royale Energy makes money · Trio Petroleum earnings · how Trio Petroleum makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 31, 2026; 10-Q filed Sep 9, 2026). Fiscal quarters can end on different dates. Not investment advice.