Granite Ridge Resources, Inc. (GRNT)

Granite Ridge Resources Financials Overview

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

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	472.49	427.91	359.03	369.17	470.52	273.09
Revenue Growth	15.43%	19.18%	-2.75%	-21.54%	72.29%	236.74%
Gross Profit Gross Profit Growth	357.24	337.85	296.56	305.84	422.12	245.79
Operating Income Operating Income Growth	40.69	118.1	93.52	142.63	276.82	108.57
Net Income Net Income Growth	-27.34	24.65	18.97	81.25	262.34	108.46
Earnings Per Share EPS Growth	-0.22	0.18	0.14	0.61	1.97	0.82
EPS Growth	-	28.57%	-77.05%	-69.04%	141.44%	-

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	44.09	25.81	41.2	60.86	50.83	11.85
Total Debt Total Debt Growth	462.11	385.33	205	110	-	51.1
Net Cash (Debt) Net Cash Growth	-418.02	-359.53	-163.8	-49.14	50.83	-39.25
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-3.20	-2.75	-1.26	-0.37	0.38	-0.30

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	256.21	296.41	275.73	302.87	346.39	181.18
Capital Expenditures CapEx Growth	-358.64	-419.26	-346.99	-359.2	-234.69	-219.29
Free Cash Flow Free Cash Flow Growth	-102.43	-122.85	-71.26	-56.33	111.7	-38.11
Free Cash Flow Growth	-	-	-	-	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	75.61%	78.95%	82.60%	82.85%	89.71%	90.00%
Operating Margin	8.61%	27.60%	26.05%	38.64%	58.83%	39.75%
Pretax Margin	-7.46%	7.50%	6.95%	28.60%	58.49%	39.72%
Profit Margin	-5.79%	5.76%	5.28%	22.01%	55.76%	39.72%
FCF Margin	-21.68%	-28.71%	-19.85%	-15.26%	23.74%	-13.95%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Dividend Per Share Dividend Per Share Growth	0.440	0.440	0.440	0.440	0.080
Dividend Per Share Growth	0%	0%	0%	450.00%	-
Dividend Yield	8.75%	10.01%	7.88%	9.05%	1.18%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	-	25.03	44.52	9.85	4.59	-
Forward PE	8.58	11.24	11.32	6.71	-	-
P/FCF Ratio	-	-	-	-	10.78	-
PS Ratio	1.40	1.44	2.35	2.17	2.56	-

Data Source: S&P Global Market Intelligence Last updated: Aug 6, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 1, 2026

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