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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	455.64	450.31	380.03	394.07	497.42	290.19
Revenue Growth (YoY)	10.07%	18.49%	-3.56%	-20.78%	71.41%	233.18%
Cost of Revenue	98.34	84.9	57.46	60.52	44.68	26.33
Gross Profit	357.3	365.4	322.57	333.55	452.74	263.86
Selling, General & Admin	32.63	31.01	24.65	27.92	14.22	10.18
Depreciation & Amortization Expenses	222.24	215.7	176.53	160.66	105.75	94.66
Other Operating Expenses	83.7	72.27	62.14	54.38	30.62	20.35
Total Operating Expenses	338.56	318.98	263.31	242.96	150.59	125.19
Operating Income	18.73	46.42	59.26	90.59	302.15	143.23
Total Non-Operating Income (Expense)	-59.98	-14.31	-34.29	15	-26.95	-34.77
Pretax Income	-41.24	32.11	24.97	105.58	275.19	108.46
Provision for Income Taxes	-8.75	7.76	6.21	24.48	12.85	-
Net Income	-72.09	24.35	18.76	81.1	262.34	108.46
Net Income to Common	-72.09	24.35	18.76	81.1	262.34	108.46
Net Income Growth	-	29.82%	-76.87%	-69.09%	141.88%	-
Shares Outstanding (Basic)	131	130	130	133	133	133
Shares Outstanding (Diluted)	131	131	130	133	133	133
Shares Change (YoY)	0.21%	0.21%	-2.17%	0.03%	0.11%	-
EPS (Basic)	-0.25	0.18	0.14	0.61	1.97	0.82
EPS (Diluted)	-0.25	0.18	0.14	0.61	1.97	0.82
EPS Growth	-	28.57%	-77.05%	-69.04%	140.24%	-
Shares Outstanding	131.91	131.26	130.73	130.36	133.27	-
Free Cash Flow	-109.04	-122.85	-72.15	-56.33	109.8	-38.11
Free Cash Flow Per Share	-0.84	-0.94	-0.55	-0.42	0.83	-0.29
Dividends Per Share	0.440	0.440	0.440	0.440	0.080	-
Dividend Growth	-	-	-	450.00%	-	-
Gross Margin	78.42%	81.15%	84.88%	84.64%	91.02%	90.93%
Operating Margin	4.11%	10.31%	15.59%	22.99%	60.74%	49.36%
Profit Margin	-15.82%	5.41%	4.94%	20.58%	52.74%	37.37%
FCF Margin	-23.93%	-27.28%	-18.98%	-14.30%	22.07%	-13.13%
EBITDA	240.97	262.12	235.79	251.25	407.9	237.89
EBITDA Margin	52.89%	58.21%	62.04%	63.76%	82.00%	81.98%
EBIT	18.73	46.42	59.26	90.59	302.15	143.23
EBIT Margin	4.11%	10.31%	15.59%	22.99%	60.74%	49.36%
Effective Tax Rate	21.22%	24.17%	24.86%	23.19%	4.67%	0.00%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q