Granite Ridge Resources Inc $GRNT

Energy

$5.65
-0.02 (-0.35%)
As of Oct 22, 2026, 9:30 PM EDT
Price history
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Granite Ridge Resources Inc (GRNT) is trading down at $5.65 (-0.35%), as of the latest quote. It is a Russell 2000 constituent in the Energy sector.

Granite Ridge Resources Inc revenue & net income history (FY2020–FY2025)

RevenueNet incomeNet margin (right axis, %)
$497.4M$236.7M−$23.9MFY2020 revenue: $87.1MFY2020 net income: −$23.9M · Net margin −27.5%'20FY2021 revenue: $290.2MFY2021 net income: $108.5M · Net margin 37.4%'21FY2022 revenue: $497.4MFY2022 net income: $262.3M · Net margin 52.7%'22FY2023 revenue: $394.1MFY2023 net income: $81.1M · Net margin 20.6%'23FY2024 revenue: $380.0MFY2024 net income: $18.8M · Net margin 4.9%'24FY2025 revenue: $450.3MFY2025 net income: $24.4M · Net margin 5.4%'250%50%100%150%FY2020 net margin: −27.5% (off the scale, which stops at −7.2%)FY2021 net margin: 37.4%FY2022 net margin: 52.7%FY2023 net margin: 20.6%FY2024 net margin: 4.9%FY2025 net margin: 5.4%
Granite Ridge Resources Inc annual financial statements
FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue$87.1M$290.2M$497.4M$394.1M$380.0M$450.3M
Growth (year over year)—+233.2%+71.4%−20.8%−3.6%+18.5%
Operating income−$35.1M$143.2M$302.1M$90.6M$59.3M$46.4M
Operating margin−40.3%49.4%60.7%23.0%15.6%10.3%
Net income−$23.9M$108.5M$262.3M$81.1M$18.8M$24.4M
Net margin−27.5%37.4%52.7%20.6%4.9%5.4%
EPS (diluted)−$0.18$0.82$1.97$0.61$0.14$0.18
Balance sheet
Cash and equivalents$8.51M$12.2M$51.1M$10.7M$9.42M$14.8M
Total assets—$547.2M$794.8M$927.1M$1.04B$1.17B
Total liabilities—$72.3M$130.5M$255.5M$401.1M$562.3M
Long-term debt—$1.10M$0$110.0M$205.0M$367.8M
Shareholders' equity$370.6M$474.9M$664.2M$671.6M$635.4M$605.8M
Cash flow
Operating cash flow$66.8M$181.2M$346.4M$302.9M$275.7M$296.4M
Dividends paid——$10.7M$58.6M$57.5M$57.7M
Share buybacks—$0$216.0K$35.4M$442.0K$16.0K

From Granite Ridge Resources Inc's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About Granite Ridge Resources Inc

Headquarters
Dallas, Texas From SEC filings, Oct 2026

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