Granite Ridge Resources, Inc (GRNT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 128.26M | 105.48M | 112.67M | 109.22M | 122.93M | 106.31M | 94.08M | 90.65M | 89M | 106.8M | 108.4M | 87.56M | 91.31M | 116.33M | 136.97M | 150.27M | 93.85M | 130.46M | 55.72M | 2.92M |
| Revenue Growth % | 4.34% | -0.77% | 19.77% | 20.48% | 38.13% | -0.46% | -13.22% | 3.53% | -2.53% | -8.2% | -20.85% | -41.73% | -2.71% | -10.83% | 145.82% | 5054.05% | 3099.77% | - | - | - |
| Cost of Goods Sold | 92.89M | 89.04M | 86.09M | 79.97M | 73.05M | 72.17M | 6.34M | 62.14M | 62.17M | 70.88M | 68.99M | 55.68M | 53.34M | 45.92M | 56.77M | 48.65M | 29.71M | 11.15M | 6.13M | 1.26M |
| COGS % of Revenue | 72.42% | 84.41% | 76.41% | 73.22% | 59.43% | 67.88% | 6.74% | 68.55% | 69.86% | 66.37% | 63.64% | 63.59% | 58.42% | 39.48% | 41.45% | 32.37% | 31.66% | 8.55% | 11% | 43.23% |
| Gross Profit | 35.37M | 16.44M | 26.58M | 29.25M | 49.88M | 34.14M | 87.73M | 28.51M | 26.83M | 35.92M | 39.41M | 31.88M | 37.97M | 70.41M | 80.2M | 101.62M | 64.14M | 119.31M | 49.59M | 1.66M |
| Gross Margin % | 27.58% | 15.59% | 23.59% | 26.78% | 40.57% | 32.12% | 93.26% | 31.45% | 30.14% | 33.63% | 36.36% | 36.41% | 41.58% | 60.52% | 58.55% | 67.63% | 68.34% | 91.45% | 89% | 56.77% |
| Gross Profit Growth % | -29.09% | -51.84% | -69.71% | 2.6% | 85.92% | -4.95% | 122.6% | -10.57% | -29.34% | -48.99% | -50.86% | -68.63% | -40.8% | -40.98% | 61.72% | 6039.76% | 6188.42% | - | - | - |
| Operating Expenses | 9.08M | 8.23M | 6.99M | 8.52M | 7.34M | 41.06M | 63.05M | 6.62M | 7.22M | 31.19M | 6.81M | 8.01M | 8.58M | 6.48M | 2.71M | 2.27M | 2.77M | 51.78M | 17.56M | -852.82K |
| OpEx % of Revenue | 7.08% | 7.8% | 6.2% | 7.8% | 5.97% | 38.62% | 67.02% | 7.31% | 8.12% | 29.21% | 6.28% | 9.15% | 9.4% | 5.57% | 1.98% | 1.51% | 2.96% | 39.69% | 31.51% | -29.25% |
| Selling, General & Admin | 9.08M | 8.04M | 6.99M | 8.52M | 7.46M | 5.94M | 5.59M | 6.62M | 6.49M | 4.52M | 5.25M | 8.01M | 8.58M | 6.48M | 2.71M | 2.27M | 2.77M | 5.2M | 1.76M | 162.79K |
| SG&A % of Revenue | 7.08% | 7.62% | 6.2% | 7.8% | 6.07% | 5.59% | 5.94% | 7.31% | 7.29% | 4.23% | 4.84% | 9.15% | 9.4% | 5.57% | 1.98% | 1.51% | 2.96% | 3.99% | 3.17% | 5.58% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 185K | 0 | 0 | -120K | 1000K | 1000K | 0 | 732K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | -1000K |
| Operating Income | 26.29M | 8.21M | 19.59M | 20.73M | 42.53M | -6.92M | 24.68M | 21.89M | 19.6M | 4.73M | 32.6M | 23.87M | 29.39M | 63.94M | 77.49M | 99.36M | 61.36M | 67.52M | 32.03M | 2.51M |
| Operating Margin % | 20.5% | 7.79% | 17.39% | 18.98% | 34.6% | -6.51% | 26.24% | 24.14% | 22.03% | 4.43% | 30.08% | 27.26% | 32.19% | 54.96% | 56.58% | 66.12% | 65.39% | 51.76% | 57.49% | 86.02% |
| Operating Income Growth % | -38.19% | 218.78% | -20.63% | -5.26% | 116.98% | -246.34% | -24.3% | -8.3% | -33.3% | -92.61% | -57.93% | -75.98% | -52.11% | -5.31% | 141.91% | 3861.59% | 6317.2% | - | - | - |
| EBITDA | 81.27M | 66.11M | 75.54M | 74.15M | 90.98M | 42.93M | 68.83M | 63.48M | 60.54M | 52.3M | 76.87M | 58.84M | 63.24M | 85.59M | 114.06M | 130.76M | 77.49M | 116.38M | 47.83M | 3.2M |
| EBITDA Margin % | 63.36% | 62.67% | 67.04% | 67.89% | 74.01% | 40.38% | 73.17% | 70.02% | 68.03% | 48.97% | 70.91% | 67.2% | 69.26% | 73.57% | 83.27% | 87.02% | 82.57% | 89.21% | 85.84% | 109.68% |
| EBITDA Growth % | -10.67% | 54% | 9.74% | 16.81% | 50.27% | -17.91% | -10.46% | 7.89% | -4.27% | -38.9% | -32.6% | -55% | -18.39% | -26.46% | 138.48% | 3989.29% | 3512.44% | - | - | - |
| D&A (Non-Cash Add-back) | 54.98M | 57.9M | 55.95M | 53.41M | 48.45M | 49.85M | 44.15M | 41.59M | 40.94M | 47.57M | 44.27M | 34.97M | 33.85M | 21.66M | 36.57M | 31.4M | 16.13M | 48.86M | 15.79M | 689.64K |
| EBIT | 26.29M | -24.23M | 25.36M | 38.77M | 17.71M | -11.59M | 18.2M | 12.6M | 24.22M | 24.36M | 24.47M | 14.08M | 47.99M | 69.76M | 80.56M | 93.89M | 32.97M | 32.85M | 32.03M | 1.65M |
| Net Interest Income | 10.32M | -8.5M | -6.07M | -5.91M | -5.01M | -4.67M | -4.82M | -5.82M | -3.16M | -2.41M | -1.36M | -1.21M | -339K | -285K | -570K | -609K | -525K | -1.46M | -353K | -39.53K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -10.32M | 8.5M | 6.07M | 5.91M | 5.01M | 4.67M | 4.82M | 5.82M | 3.16M | 2.41M | 1.36M | 1.21M | 339K | 285K | 570K | 609K | 525K | 1.46M | 353K | 39.53K |
| Other Income/Expense | -86.95M | -40.94M | -297K | 12.12M | -29.84M | -9.34M | -11.3M | -15.11M | 1.46M | 17.23M | -9.49M | -11M | 18.26M | 5.54M | 2.5M | -6.07M | -28.92M | -15.73M | -6.91M | -896.55K |
| Pretax Income | -60.66M | -32.73M | 19.29M | 32.86M | 12.69M | -16.26M | 13.38M | 6.78M | 21.06M | 21.95M | 23.11M | 12.87M | 47.65M | 69.47M | 79.99M | 93.28M | 32.44M | 51.79M | 25.12M | 1.61M |
| Pretax Margin % | -47.3% | -31.03% | 17.12% | 30.08% | 10.32% | -15.3% | 14.23% | 7.48% | 23.67% | 20.56% | 21.32% | 14.69% | 52.19% | 59.72% | 58.4% | 62.08% | 34.57% | 39.7% | 45.09% | 55.27% |
| Income Tax | -13.63M | -7.67M | 4.77M | 7.78M | 2.88M | -4.64M | 4.33M | 1.68M | 4.84M | 4.42M | 5.15M | 4.13M | 10.79M | 12.85M | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 22.47% | 23.42% | 24.72% | 23.67% | 22.69% | 28.52% | 32.35% | 24.75% | 22.96% | 20.11% | 22.3% | 32.09% | 22.63% | 18.5% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -47.03M | -25.06M | 14.52M | 25.08M | 9.81M | -11.62M | 9.05M | 5.1M | 16.23M | 17.54M | 17.96M | 8.74M | 36.87M | 56.63M | 79.99M | 93.28M | 32.44M | 51.79M | 25.12M | 1.61M |
| Net Margin % | -36.67% | -23.76% | 12.89% | 22.96% | 7.98% | -10.93% | 9.62% | 5.63% | 18.23% | 16.42% | 16.56% | 9.98% | 40.37% | 48.67% | 58.4% | 62.08% | 34.57% | 39.7% | 45.09% | 55.27% |
| Net Income Growth % | -579.32% | -115.65% | 60.4% | 391.69% | -39.53% | -166.26% | -49.58% | -41.62% | -55.98% | -69.03% | -77.55% | -90.63% | 13.63% | 9.34% | 218.42% | 5688.95% | 19241.72% | - | - | - |
| Net Income (Continuing) | -47.03M | -25.06M | 14.52M | 25.08M | 9.81M | -11.62M | 9.05M | 5.1M | 16.23M | 17.54M | 17.96M | 8.74M | 36.87M | 56.63M | 79.99M | 93.28M | 32.44M | 51.79M | 25.12M | 1.61M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41.73M | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.36 | -0.19 | 0.11 | 0.19 | 0.07 | -0.09 | 0.07 | 0.04 | 0.12 | 0.13 | 0.13 | 0.07 | 0.28 | 0.94 | 0.60 | 0.01 | -0.00 | 0.00 | 0.01 | 0.01 |
| EPS Growth % | -581.28% | -111.82% | 59.19% | 384.69% | -37.67% | -169% | -46.85% | -40.43% | -57.14% | -86.17% | -78.33% | - | - | - | - | -52.89% | - | - | - | - |
| EPS (Basic) | -0.36 | -0.19 | 0.11 | 0.19 | 0.07 | -0.09 | 0.07 | 0.04 | 0.12 | 0.13 | 0.13 | 0.07 | 0.28 | 0.94 | 0.60 | 0.01 | -0.00 | 0.00 | 0.01 | 0.01 |
| Diluted Shares Outstanding | 130.62M | 130.48M | 130.51M | 130.59M | 130.4M | 130.21M | 130.24M | 130.25M | 130.16M | 132.13M | 134.42M | 132.88M | 133M | 133.07M | 133.29M | 132.92M | 132.92M | 133.11M | 133.11M | 133.29M |
| Basic Shares Outstanding | 130.62M | 130.48M | 130.47M | 130.47M | 130.34M | 130.21M | 130.2M | 130.2M | 130.14M | 132.1M | 134.4M | 132.87M | 133M | 132.92M | 133.29M | 132.92M | 132.92M | 133.11M | 133.11M | 133.29M |
| Dividend Payout Ratio | - | - | 99.4% | 57.51% | 146.65% | - | 158.86% | 281.91% | 88.43% | 82.76% | 82.47% | 167.37% | 39.71% | 18.83% | - | - | - | - | - | - |