Granite Ridge Resources, Inc (GRNT) — Financial statements
Income statement, balance sheet, and cash flow for Granite Ridge Resources, Inc — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 450↑18.5% | 380↓3.6% | 394↓20.8% | 497↑71.4% | 290 | |
| Cost of Revenue | 328↑26.2% | 260↑4.5% | 249↑37.5% | 181↑30.2% | 139 | |
| Gross Profit | 122↑1.8% | 120↓17.3% | 145↓54.1% | 316↑109.3% | 151 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 31↑25.8% | 25↓11.7% | 28↑96.3% | 14↑39.7% | 10 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 31↑25.8% | 25↓11.7% | 28↑96.3% | 14↑39.7% | 10 | |
| Other Expenses | 0.00↓100.0% | 36↑35.5% | 27 | 0.00↑100.0% | -2 | |
| Operating Expenses | 31↓49.0% | 61↑11.3% | 55↑283.8% | 14↑80.0% | 8 | |
| Total Costs & Expenses | 359↑12.0% | 321↑5.7% | 303↑55.4% | 195↑32.9% | 147 | |
| Operating Results | ||||||
| Operating Income | 91↑53.8% | 59↓34.6% | 91↓70.0% | 302↑110.9% | 143 | |
| Depreciation & Amortization | 216↑22.2% | 177↑9.9% | 161↑51.9% | 106↑11.7% | 95 | |
| EBITDA | 307↑39.5% | 220↓19.0% | 272↓29.1% | 383↑86.3% | 206 | |
| EBIT | 91↑109.8% | 43↓60.8% | 111↓60.0% | 277↑150.1% | 111 | |
| Interest & Other Income | ||||||
| Net Interest Income | -26↓38.1% | -18↓247.5% | -5↓167.2% | -2↑16.6% | -2 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 26↑38.1% | 18↑247.5% | 5↑167.2% | 2↓16.6% | 2 | |
| Non-Operating Income | 0.00↓100.0% | 16↑177.9% | -20↓181.4% | 25↓22.9% | 32 | |
| Other Income / Expenses | -59↓72.1% | -34↓328.7% | 15↑155.6% | -27↑22.5% | -35 | |
| Income Before Tax | 32↑28.6% | 25↓76.4% | 106↓61.6% | 275↑153.7% | 108 | |
| Income Tax Expense | 8↑25.0% | 6↓74.6% | 24↑90.5% | 13 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 24↑29.8% | 19↓76.9% | 81↓69.1% | 262↑141.9% | 108 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 24↑29.8% | 19↓76.9% | 81↓69.1% | 262↑141.9% | 108 | |
| Bottom-Line Net Income | 24↑31.3% | 19↓77.1% | 81↓69.1% | 262↑141.9% | 108 | |
| EPS (Basic) | 0.18↑28.6% | 0.14↓77.0% | 0.61↓69.0% | 1.97↑140.2% | 0.82 | |
| EPS (Diluted) | 0.18↑28.6% | 0.14↓77.0% | 0.61↓69.0% | 1.97↑140.2% | 0.82 | |
| Weighted Average Shares | 130↑0.2% | 130↓2.2% | 133↑0.1% | 133↑0.0% | 133 | |
| Weighted Average Diluted Shares | 130↑0.2% | 130↓2.2% | 133↑0.0% | 133↑0.1% | 133 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.