Granite Ridge Resources, Inc. (GRNT) Financial Statements
Industry: Crude Petroleum & Natural Gas
In fiscal 2025, Granite Ridge Resources reported revenue of $450.3M, up 18.5% from $380.0M the year before. Net income was $24.4M (a 5.4% net margin), or $0.18 per diluted share. Operating margin was 10.3%. Operating activities generated $296.4M of cash. At fiscal year end, Granite Ridge Resources held $1.17B in total assets against $562.3M in total liabilities.
Open the full interactive Granite Ridge Resources financials → Quarterly statements, key ratios, valuation history and price charts.
Granite Ridge Resources Key Stats
| Share Price | $5.09 |
|---|---|
| Market Cap | $665.9M |
| P/E Ratio | 28.3 |
| Dividend Yield | 8.69% |
| Revenue YoY Growth | +18.5% |
| 52-Week Range | $3.94 – $5.84 |
| Shares Outstanding | 130.8 million (basic, 2026 Q2) |
Granite Ridge Resources Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $497.4M | $394.1M | $380.0M | $450.3M |
| Operating Income | $302.1M | $90.6M | $59.3M | $46.4M |
| Pre-Tax Income | $275.2M | $105.6M | $25.0M | $32.1M |
| Income Tax | $12.8M | $24.5M | $6.2M | $7.8M |
| Net Income | $262.3M | $81.1M | $18.8M | $24.4M |
| Diluted EPS | $1.97 | $0.61 | $0.14 | $0.18 |
Granite Ridge Resources Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $112.7M | $105.5M | $128.3M | $149.3M |
| Net Income | $14.5M | -$25.1M | -$47.0M | $30.0M |
| Diluted EPS | $0.11 | -$0.19 | -$0.36 | $0.23 |
Granite Ridge Resources Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Current Assets | $146.3M | $151.6M | $135.2M | $118.9M |
| Total Assets | $794.8M | $927.1M | $1.04B | $1.17B |
| Current Liabilities | $64.1M | $62.1M | $101.8M | $95.2M |
| Total Long-Term Debt | — | $110.0M | $205.0M | $400.0M |
| Total Liabilities | $172.4M | $255.5M | $401.1M | $562.3M |
| Shareholders' Equity | $622.4M | $671.6M | $635.4M | $605.8M |
Granite Ridge Resources Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | $346.4M | $302.9M | $275.7M | $296.4M |
| Cash From Investing | -$230.6M | -$356.7M | -$310.8M | -$409.8M |
| Cash From Financing | -$76.8M | $13.4M | $33.7M | $118.8M |
| Dividends Paid | $10.7M | — | $57.5M | $57.7M |
Figures from Granite Ridge Resources' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Granite Ridge Resources financials page for every line item.
Granite Ridge Resources Company Profile
| Ticker | GRNT |
|---|---|
| Exchange | NYSE |
| Industry | Crude Petroleum & Natural Gas |
| Headquarters | Dallas, Texas |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001928446 |
Frequently Asked Questions
What was Granite Ridge Resources' revenue in fiscal 2025?
Granite Ridge Resources (GRNT) reported revenue of $450.3M for fiscal 2025.
What is Granite Ridge Resources' annual revenue history?
Granite Ridge Resources' annual revenue by fiscal year: 2022: $497.4M; 2023: $394.1M; 2024: $380.0M; 2025: $450.3M.
What was Granite Ridge Resources' net income in fiscal 2025?
Granite Ridge Resources reported net income of $24.4M for fiscal 2025.
What was Granite Ridge Resources' earnings per share (EPS) in fiscal 2025?
Granite Ridge Resources' diluted EPS was $0.18 for fiscal 2025 (adjusted for any later stock splits).
What was Granite Ridge Resources' revenue last quarter?
In its most recent reported quarter (2026 Q2), Granite Ridge Resources reported revenue of $149.3M.
How much debt does Granite Ridge Resources have?
Granite Ridge Resources reported $400.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Granite Ridge Resources are outstanding?
Granite Ridge Resources reported a weighted average of 130.8 million basic shares outstanding in 2026 Q2.
What is Granite Ridge Resources' market cap?
Based on its latest closing price, Granite Ridge Resources (GRNT) has a market capitalization of about $665.9M.
When does Granite Ridge Resources' fiscal year end?
Granite Ridge Resources' fiscal year end, as registered with the SEC, is December 31.
Where is Granite Ridge Resources headquartered?
Granite Ridge Resources lists its business address in Dallas, Texas in its SEC filings.