Gran Tierra Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	596.71	621.85	636.96	711.39	473.72
Revenue Growth (YoY)	-4.04%	-2.37%	-10.46%	50.17%	99.18%
Cost of Revenue	265.77	220.8	201.41	172.58	147.34
Gross Profit	330.94	401.05	435.55	538.81	326.38
Selling, General & Admin	60.09	51.14	45.85	40.96	36.26
Other Operating Expenses	-15.64	2.27	-	26.61	48.84
Operating Expenses	459.06	284.03	261.43	247.85	224.98
Operating Income	-128.12	117.03	174.12	290.96	101.41
Interest Expense	-101.31	-80.47	-55.81	-46.49	-54.38
Interest & Investment Income	1.09	3.67	1.98	0.44	-
Currency Exchange Gain (Loss)	-8.73	8.81	-11.82	-2.58	-20.48
Other Non Operating Income (Expenses)	4.2	-4.43	-2.31	2.61	-0.03
EBT Excluding Unusual Items	-232.87	44.61	106.16	244.94	26.52
Gain (Loss) on Sale of Investments	-	-	-	-	-3.39
Pretax Income	-232.87	44.61	106.16	244.94	23.14
Income Tax Expense	-39.75	41.39	112.45	105.91	-19.35
Net Income	-193.12	3.22	-6.29	139.03	42.48
Net Income to Common	-193.12	3.22	-6.29	139.03	42.48
Net Income Growth	-	-	-	227.27%	-
Shares Outstanding (Basic)	35	32	33	36	37
Shares Outstanding (Diluted)	35	32	33	37	37
Shares Change (YoY)	10.59%	-4.26%	-9.37%	0.38%	0.24%
EPS (Basic)	-5.45	0.10	-0.19	3.81	1.16
EPS (Diluted)	-5.45	0.10	-0.19	3.76	1.15
EPS Growth	-	-	-	226.96%	-
Free Cash Flow	52.5	-8.78	9.11	191.11	94.96
Free Cash Flow Per Share	1.48	-0.27	0.27	5.17	2.58
Gross Margin	55.46%	64.49%	68.38%	75.74%	68.90%
Operating Margin	-21.47%	18.82%	27.34%	40.90%	21.41%
Profit Margin	-32.36%	0.52%	-0.99%	19.54%	8.97%
Free Cash Flow Margin	8.80%	-1.41%	1.43%	26.86%	20.04%
EBITDA	286.49	347.65	389.7	471.24	241.28
EBITDA Margin	48.01%	55.91%	61.18%	66.24%	50.93%
D&A For EBITDA	414.61	230.62	215.58	180.28	139.87
EBIT	-128.12	117.03	174.12	290.96	101.41
EBIT Margin	-21.47%	18.82%	27.34%	40.90%	21.41%
Effective Tax Rate	-	92.79%	105.92%	43.24%	-

Updated Mar 4, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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