Granite Ridge Resources, Inc. (GRNT)
NYSE: GRNT · Real-Time Price · USD
5.34
+0.08 (1.52%)
Mar 5, 2026, 4:00 PM EST - Market closed

Granite Ridge Resources Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020
Revenue
450.31359.03369.17470.52273.09
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Revenue Growth (YoY)
25.42%-2.75%-21.54%72.29%236.74%
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Cost of Revenue
112.4662.4763.3348.427.3
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Gross Profit
337.85296.56305.84422.12245.79
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Selling, General & Admin
31.0124.6527.9214.2210.18
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Other Operating Expenses
-27.061.17-25.3725.3232.39
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Operating Expenses
219.65202.35163.21145.3137.23
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Operating Income
118.294.22142.63276.82108.57
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Interest Expense
-25.5-18.47-5.32-1.99-2.39
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Other Non Operating Income (Expenses)
-0.090.27-5.740.36-
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EBT Excluding Unusual Items
92.676.02131.57275.19106.18
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Gain (Loss) on Sale of Investments
-15.83-15.180.51--
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Gain (Loss) on Sale of Assets
-0.5--2.28
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Asset Writedown
-44.65-36.37-26.5--
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Pretax Income
32.1124.97105.58275.19108.46
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Income Tax Expense
7.766.2124.4812.85-
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Net Income
24.3518.7681.1262.34108.46
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Preferred Dividends & Other Adjustments
-0.210.15--
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Net Income to Common
24.3518.5580.95262.34108.46
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Net Income Growth
29.82%-76.87%-69.09%141.88%-
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Shares Outstanding (Basic)
130130133133133
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Shares Outstanding (Diluted)
131130133133133
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Shares Change (YoY)
0.21%-2.17%0.03%0.11%-
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EPS (Basic)
0.190.140.611.970.82
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EPS (Diluted)
0.180.140.611.970.82
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EPS Growth
28.57%-76.98%-69.13%141.44%-
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Free Cash Flow
-122.85-71.26-56.33111.7-38.11
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Free Cash Flow Per Share
-0.94-0.55-0.420.84-0.29
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Dividend Per Share
-0.4400.4400.080-
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Dividend Growth
--450.00%--
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Gross Margin
75.03%82.60%82.85%89.71%90.00%
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Operating Margin
26.25%26.24%38.64%58.83%39.75%
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Profit Margin
5.41%5.17%21.93%55.76%39.72%
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Free Cash Flow Margin
-27.28%-19.85%-15.26%23.74%-13.95%
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EBITDA
333.9270.75303.29382.57203.23
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EBITDA Margin
74.15%75.41%82.16%81.31%74.42%
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D&A For EBITDA
215.7176.53160.66105.7594.66
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EBIT
118.294.22142.63276.82108.57
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EBIT Margin
26.25%26.24%38.64%58.83%39.75%
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Effective Tax Rate
24.17%24.86%23.19%4.67%-
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Source: S&P Capital IQ. Standard template. Financial Sources.