Granite Ridge Resources, Inc. (GRNT)
NYSE: GRNT · Real-Time Price · USD
6.35
+0.08 (1.28%)
Nov 12, 2026, 10:07 AM EST - Market open
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 | Sep '26 Sep 30, 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 |
| 534.13 | 427.91 | 359.03 | 369.17 | 470.52 | 273.09 | |
Revenue Growth | 24.85% | 19.18% | -2.75% | -21.54% | 72.29% | 236.74% |
Cost of Revenue | 122.53 | 90.06 | 62.47 | 63.33 | 48.4 | 27.3 |
Gross Profit | 411.6 | 337.85 | 296.56 | 305.84 | 422.12 | 245.79 |
Selling, General & Admin | 36.51 | 31.01 | 24.65 | 27.92 | 14.22 | 10.18 |
Other Operating Expenses | 99.47 | -26.96 | 1.17 | -25.37 | 25.32 | 32.39 |
Operating Expenses | 386.06 | 219.75 | 203.05 | 163.21 | 145.3 | 137.23 |
Operating Income | 25.54 | 118.1 | 93.52 | 142.63 | 276.82 | 108.57 |
Interest Expense | -41.8 | -25.5 | -18.47 | -5.32 | -1.99 | -2.39 |
Other Non Operating Income (Expenses) | 0.31 | -0.09 | 0.27 | -5.74 | 0.36 | - |
EBT Excluding Unusual Items | -15.95 | 92.5 | 75.32 | 131.57 | 275.19 | 106.18 |
Gain (Loss) on Sale of Investments | 3.84 | -15.83 | -15.18 | 0.51 | - | - |
Gain (Loss) on Sale of Assets | -3.1 | 0.1 | 0.5 | - | - | 2.28 |
Asset Writedown | -44.65 | -44.65 | -35.67 | -26.5 | - | - |
Pretax Income | -59.86 | 32.11 | 24.97 | 105.58 | 275.19 | 108.46 |
Income Tax Expense | -7.71 | 7.76 | 6.21 | 24.48 | 12.85 | - |
Net Income | -52.15 | 24.35 | 18.76 | 81.1 | 262.34 | 108.46 |
Preferred Dividends & Other Adjustments | -0.2 | -0.3 | -0.21 | -0.15 | - | - |
Net Income to Common | -51.95 | 24.65 | 18.97 | 81.25 | 262.34 | 108.46 |
Net Income Growth | - | 29.94% | -76.65% | -69.03% | 141.88% | - |
Shares Outstanding (Basic) | 131 | 130 | 130 | 133 | 133 | 133 |
Shares Outstanding (Diluted) | 131 | 131 | 130 | 133 | 133 | 133 |
Shares Change | 0.19% | 0.21% | -2.17% | 0.03% | 0.11% | - |
EPS (Basic) | -0.40 | 0.19 | 0.15 | 0.61 | 1.97 | 0.82 |
EPS (Diluted) | -0.41 | 0.18 | 0.14 | 0.61 | 1.97 | 0.82 |
EPS Growth | - | 28.57% | -77.05% | -69.04% | 141.44% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | -112.62 | -122.85 | -71.26 | -56.33 | 111.7 | -38.11 |
Free Cash Flow Per Share | -0.86 | -0.94 | -0.55 | -0.42 | 0.84 | -0.29 |
Dividend Per Share | 0.440 | 0.440 | 0.440 | 0.440 | 0.080 | - |
Dividend Growth | 0% | 0% | 0% | 450.00% | - | - |
Gross Margin | 77.06% | 78.95% | 82.60% | 82.85% | 89.71% | 90.00% |
Operating Margin | 4.78% | 27.60% | 26.05% | 38.64% | 58.83% | 39.75% |
Profit Margin | -9.73% | 5.76% | 5.28% | 22.01% | 55.76% | 39.72% |
Free Cash Flow Margin | -21.09% | -28.71% | -19.85% | -15.26% | 23.74% | -13.95% |
EBITDA | 275.63 | 333.8 | 270.75 | 303.29 | 382.57 | 203.23 |
EBITDA Margin | 51.60% | 78.01% | 75.41% | 82.16% | 81.31% | 74.42% |
D&A For EBITDA | 250.09 | 215.7 | 177.23 | 160.66 | 105.75 | 94.66 |
EBIT | 25.54 | 118.1 | 93.52 | 142.63 | 276.82 | 108.57 |
EBIT Margin | 4.78% | 27.60% | 26.05% | 38.64% | 58.83% | 39.75% |
Effective Tax Rate | - | 24.17% | 24.86% | 23.19% | 4.67% | - |