Gran Tierra Energy (GTE) financial statements
Gran Tierra Energy reported revenue of $597M in fiscal 2025, up 4.4% a year over 8 years.
Net income was -$193M.
The diluted share count rose 10% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Gran Tierra Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $422M | $613M | $571M | $238M | $474M | $711M | $637M | $622M | $597M |
| Cost of revenue | — | — | — | — | — | $147M | $173M | $201M | $221M | $266M |
| Selling, general and admin | $33M | $39M | $39M | $37M | $25M | $36M | $41M | $46M | $51M | $60M |
| Operating income | — | $81M | $149M | $108M | -$853M | $23M | $242M | $106M | $39M | -$238M |
| Interest expense | $14M | $14M | $27M | $43M | $54M | $54M | $46M | $56M | $80M | $101M |
| Pre-tax income | -$650M | $37M | $151M | $96M | -$853M | $23M | $245M | $106M | $45M | -$233M |
| Income tax | -$185M | $69M | $49M | $57M | -$75M | -$19M | $106M | $112M | $41M | -$40M |
| Net income | -$466M | -$32M | $103M | $39M | -$778M | $42M | $139M | -$6M | $3M | -$193M |
| EPS (diluted) | -$14.50 | -$0.80 | $2.60 | $1.00 | -$21.20 | $1.15 | $3.76 | -$0.19 | $0.10 | -$5.45 |
| Diluted shares | 32M | 40M | 43M | 38M | 37M | 37M | 37M | 33M | 32M | 35M |
| Operating margin | — | 19.1% | 24.4% | 18.9% | -358.7% | 4.9% | 34.0% | 16.7% | 6.3% | -39.9% |
| Net margin | — | -7.5% | 16.7% | 6.8% | -327.1% | 9.0% | 19.5% | -1.0% | 0.5% | -32.4% |
Balance sheet
Fiscal years, from Gran Tierra Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $25M | $37M | $84M | $103M | $62M | $26M | $127M | $62M | $103M | $83M |
| Receivables | $46M | $45M | $26M | $36M | $8M | $13M | $11M | $12M | $35M | $33M |
| Inventory | $8M | $7M | — | — | — | $15M | $20M | $29M | $43M | $55M |
| Total current assets | $132M | $145M | $203M | $291M | $134M | $102M | $169M | $112M | $211M | $214M |
| Property, plant and equipment | $1.1B | $1.1B | $1.3B | $1.6B | $964M | $996M | $1.1B | $1.1B | $1.4B | $1.3B |
| Goodwill | $103M | $103M | $103M | $103M | $0 | — | — | — | — | — |
| Total assets | $1.4B | $1.4B | $1.7B | $2.0B | $1.2B | $1.2B | $1.3B | $1.3B | $1.7B | $1.6B |
| Total current liabilities | $155M | $157M | $169M | $199M | $114M | $228M | $242M | $260M | $322M | $356M |
| Long-term debt | $197M | $257M | $399M | $700M | $775M | $587M | $590M | $520M | $722M | $687M |
| Total liabilities | $509M | $493M | $647M | $1.0B | $945M | $887M | $918M | $930M | $1.2B | $1.4B |
| Shareholders' equity | $859M | $936M | $1.0B | $1.0B | $257M | $302M | $418M | $396M | $414M | $229M |
| Net debt | $172M | $244M | $348M | $692M | $761M | $628M | $463M | $457M | $644M | $625M |
Cash flow
Fiscal years, from Gran Tierra Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $93M | $190M | $285M | $178M | $81M | $245M | $428M | $228M | $239M | $313M |
| Stock-based compensation | $6M | $10M | $8M | $1M | $1M | $8M | $9M | $6M | $10M | $3M |
| Share buybacks (net) | $0 | -$18M | -$13M | -$38M | $0 | $0 | -$27M | -$17M | -$15M | -$3M |
| Net borrowing | -$252M | -$110M | -$153M | -$349M | -$17M | -$122M | — | — | — | — |
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What was Gran Tierra Energy's revenue in 2025?
$597M in fiscal 2025, from its 10-K filing.
From Gran Tierra Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.