Tourmaline Oil revenue and financials

TOU · TSX · CAD

$62.91−0.13%−$0.08

Close · October 6, 2026

In the fiscal year ended December 2025, Tourmaline Oil reported revenue of $4.59B (+5.42% year over year). Net income was $262.67M, a net margin of 5.7%.

Annual revenue · 2025: $4.59B
  1. $4.77B2021
  2. $7.1B2022
  3. $4.84B2023
  4. $4.35B2024
  5. $4.59B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+5.42%
2025 vs 2024
Net income growth
−79.22%
2025 vs 2024
Net margin
5.7%
2024: 29.0%

Financial data

Amounts in millions of CAD; per-share values in CAD; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue1,2461,3601,3308701,0841,3061,1208741,0151,3461,2461,195
Cost of revenue561670623612600629548545514551501455
Gross profit685690708257485676572329501794745740
Selling, general and administrative47.250.641.747.346.246.945.737.340.340.929.833.6
Operating income247884-1,040259585276462461358308774441
EBIT247884-1,040259585276462461358308774441
EBITDA6661,327-5637301,0157058708527407031,147757
Interest expense13.214.518.618.117.016.720.521.521.418.014.58.0
Pre-tax income253861-888254696282522466354316890365
Income tax68.4203-23364.018268.811511196.970.918990.4
Net income184658-655190515213407355257245700275
Net income to common shareholders184658-655190515213407355257245700275
Basic EPS0.471.70-1.690.491.360.571.091.010.730.702.020.81
Diluted EPS0.471.69-1.690.491.350.561.091.000.720.692.010.80
Average shares (basic)388387387387378374372352352351346340
Average shares (diluted)390389387389381377375355355355350345
Dividend per share0.500.500.500.500.500.500.350.350.320.300.280.26