Every 10-Q that Trio Petroleum Corp. (TPET) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TPET and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TPET filings page.
Trio Petroleum Corp (TPET) reported continued operating losses but a much stronger balance sheet for the three and nine months ended July 31, 2026. Quarterly revenue rose to $348,581 from $192,395, while the net loss was $1.97 million versus $1.39 million a year earlier. For the nine-month period, revenue increased to $679,031 from $226,485, and the net loss narrowed slightly to $4.25 million from $4.57 million.
Cash and cash equivalents climbed to $24.3 million and working capital to about $23.5 million, largely funded by an at-the-market equity program that raised gross proceeds of $26.99 million from issuing 3,860,043 shares. Management states these raises have alleviated prior substantial doubt about the company’s ability to continue as a going concern.
Total assets increased to $37.9 million, supported by oil and gas property acquisitions in Canada, while accumulated deficit reached $31.6 million. On August 28, 2026, the company effected a one-for-nine reverse stock split, reducing outstanding common shares from 47,915,334 to approximately 5,323,926 to support NYSE American listing compliance.
Trio Petroleum Corp reported Q2 2026 results with revenue of $208,257 and a net loss of $1,367,356, or $0.05 per share. Six-month revenue was $330,450 with a net loss of $2,379,985, reflecting early-stage production in Saskatchewan.
Cash and cash equivalents rose sharply to $22,098,186 from $882,162, driven by $24,207,304 of gross proceeds from selling 28,013,007 shares via an at-the-market equity program. Subsequent ATM sales added $2,557,841 and total ATM capacity increased to $65,000,000.
Oil and gas properties not subject to amortization grew to $13,172,944 as the company expanded Canadian assets through the Capital Land and Novacor acquisitions. Management now concludes prior substantial doubt about going concern has been alleviated, expecting current liquidity to fund operations for at least twelve months.
Trio Petroleum Corp reported a smaller quarterly loss while rapidly expanding its Canadian oil footprint and strengthening liquidity. For the three months ended January 31, 2026, revenue rose to $122,193 from $10,819, driven by sales of about 3,020 barrels of oil from Saskatchewan, replacing minimal prior output from the discontinued McCool Ranch field.
The company posted a net loss of $1,012,629, improved from a $1,615,525 loss a year earlier, as stock-based compensation and interest expense declined. Total assets were $14.2M, including $13.2M of unproved oil and gas properties, while stockholders’ equity increased to $12.2M. Cash was $684,653 with a working-capital deficit of $0.9M as of January 31, 2026.
Trio raised about $395,000 via at-the-market share sales during the quarter and a further $18.6M in gross proceeds after quarter-end, and all remaining August 2025 convertible notes were subsequently converted to equity. Management concluded these post-quarter capital raises are sufficient to fund operations for at least twelve months and have alleviated prior going-concern doubt. Shares outstanding rose from 9.0 million at October 31, 2025 to 12.8 million at January 31, 2026, and to 31,931,250 by March 16, 2026, reflecting the ATM issuances, acquisitions paid in stock, and debt conversions.
Trio Petroleum Corp. (TPET) reported continued operating losses and liquidity strain for the period ended July 31, 2025. The company holds an approximate 85.775% working interest (≈68.62% net revenue interest after royalties) in the South Salinas Project and continues to develop multiple oil and gas leases. For the three months ended July 31, 2025 the company reported a loss before income taxes of $1,386,723 and for the nine months a loss before income taxes of $4,566,000, with a reported accumulated deficit of $24,639,679. Cash on hand in the operating bank account was $584,365 and the company reported a working capital deficit of $679,729; it stated it had no cash equivalents as of July 31, 2025. Production from the HV-3A discovery well was idled pending an assessment of options to increase gross production. The filing lists multiple recent financings and convertible debt transactions completed to provide liquidity, and numerous equity issuances, warrant and stock‑based compensation activities that materially affected equity balances.