Financials in USD. Standardized financial statements.
A compact view of how Granite Ridge Resources, Inc turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $450.31M | $380.03M | $394.07M | $497.42M | $290.19M | $87.10M | $13.44M |
| Revenue Growth? | +18.5% | -3.6% | -20.8% | +71.4% | +233.2% | +548.0% | 0.0% |
| Cost of Revenue? | $328.16M | $260.00M | $248.89M | $181.05M | $139.06M | $107.01M | $11.11M |
| Gross Profit? | $122.15M | $120.03M | $145.18M | $316.37M | $151.13M | -$19.91M | $2.33M |
| Gross Margin? | +27.1% | +31.6% | +36.8% | +63.6% | +52.1% | -22.9% | +17.4% |
| Operating Expenses? | $31.01M | $60.78M | $54.59M | $14.22M | $7.90M | $15.19M | -$3.34M |
| Operating Income? | $91.14M | $59.26M | $90.59M | $302.14M | $143.23M | -$35.09M | $5.68M |
| EBITDA? | $306.84M | $219.97M | $271.56M | $382.94M | $205.50M | $57.86M | $11.57M |
| Income Before Tax | $32.11M | $24.97M | $105.58M | $275.19M | $108.46M | -$23.93M | $3.64M |
| Income Tax Expense | $7.76M | $6.21M | $24.48M | $12.85M | $0 | $0 | $0 |
| Net Income? | $24.35M | $18.76M | $81.10M | $262.34M | $108.46M | -$23.93M | $3.64M |
| EPS? | $0.18 | $0.14 | $0.61 | $1.97 | $0.82 | $-0.18 | $0.03 |
| Diluted EPS? | $0.18 | $0.14 | $0.61 | $1.97 | $0.82 | $-0.18 | $0.03 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality