Granite Ridge Resources Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	432.53	380.03	394.07	497.42	290.19	87.1
Revenue Growth (YoY)	9.54%	-3.56%	-20.78%	71.41%	233.18%	-
Cost of Revenue	92.85	83.47	88.23	75.3	44.4	27.06
Gross Profit	339.68	296.56	305.84	422.12	245.79	60.04
Selling, General & Admin	27.51	24.65	27.92	14.22	10.18	10.11
Depreciation & Amortization Expenses	195.85	176.53	160.66	105.75	94.66	79.95
Other Operating Expenses	-	36.61	26.32	-	2.28	6.37
Total Operating Expenses	223.37	237.79	214.9	119.98	107.12	96.43
Operating Income	116.31	58.77	90.94	302.15	138.68	-36.39
Interest Expense	-20.42	-18.47	-5.32	-1.99	-2.39	-1.84
Other Non-Operating Income (Expense)	-17.85	-15.82	20.31	-24.96	-32.39	13.01
Total Non-Operating Income (Expense)	-38.27	-34.29	15	-26.95	-34.77	11.17
Pretax Income	78.04	24.48	105.93	275.19	103.9	-25.23
Provision for Income Taxes	10.35	6.21	24.48	12.85	-	-
Net Income	32.33	18.76	81.1	262.34	108.46	-23.93
Net Income to Common	32.33	18.76	81.1	262.34	108.46	-23.93
Net Income Growth	-43.11%	-76.87%	-69.09%	141.88%	-	-
Shares Outstanding (Basic)	130	130	133	133	133	133
Shares Outstanding (Diluted)	130	130	133	133	133	133
Shares Change (YoY)	-1.04%	-2.17%	0.03%	0.11%	-	-
EPS (Basic)	0.24	0.14	0.61	1.97	0.82	-0.18
EPS (Diluted)	0.24	0.14	0.61	1.97	0.82	-0.18
EPS Growth	-42.86%	-77.05%	-69.04%	140.24%	-	-
Free Cash Flow	-17.43	-10.06	20.48	160.89	45.1	-32.68
Free Cash Flow Growth	-	-	-87.27%	256.71%	-	-
Free Cash Flow Per Share	-0.13	-0.08	0.15	1.21	0.34	-0.25
Dividends Per Share	0.440	0.440	0.440	0.080	-	-
Dividend Growth	-	-	450.00%	-	-	-
Gross Margin	78.53%	78.04%	77.61%	84.86%	84.70%	68.93%
Operating Margin	26.89%	15.47%	23.08%	60.74%	47.79%	-41.78%
Profit Margin	15.65%	4.81%	20.67%	52.74%	35.80%	-28.96%
FCF Margin	-4.03%	-2.65%	5.20%	32.35%	15.54%	-37.52%
EBITDA	313.69	238.84	252.86	408.06	233.38	43.66
EBITDA Margin	72.53%	62.85%	64.17%	82.03%	80.42%	50.13%
EBIT	116.31	58.77	90.94	302.15	138.68	-36.39
EBIT Margin	26.89%	15.47%	23.08%	60.74%	47.79%	-41.78%
Effective Tax Rate	13.26%	25.35%	23.11%	4.67%	0.00%	0.00%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q