Greenfire Resources (GFR) Cost of Revenue (2022 - 2026)
Greenfire Resources (GFR) posted quarterly Cost of Revenue of $9.0 million for Q1 2026, down 8.52% year-on-year from $9.9 million in Q1 2025, and up 6.29% on a QoQ basis from $8.5 million in Q4 2025.
Greenfire Resources (GFR) Cost of Revenue (2022 - 2026) Analysis & Trends
Greenfire Resources (GFR) has reported Cost of Revenue for 5 consecutive years, with $9.0 million the latest figure, recorded in Q1 2026.
- Quarterly Cost of Revenue fell 8.52% year-over-year to $9.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $34.8 million (down 9.77% YoY) and the FY2025 annual result came in at $35.7 million, down 7.25% from the prior year.
- Cost of Revenue advanced to $9.0 million in Q1 2026 per GFR's latest filing, from $8.5 million in the prior quarter.
- Over the last five years, Cost of Revenue for GFR reached as high as $12.2 million in Q4 2022 and fell as low as $8.3 million in Q3 2025.
- A 5-year average of $9.9 million and a median of $9.8 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue decreased 20.09% — and 2024, when it increased 0.94%.
- Year by year, Cost of Revenue stood at $12.2 million in 2022, then retreated by 20.09% to $9.8 million in 2023, then rose by 0.94% to $9.8 million in 2024, then declined by 13.57% to $8.5 million in 2025, then rose by 6.29% to $9.0 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $9.0 million, $8.5 million, and $8.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 6.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 24.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 326.00 Mn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 356.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 385.02 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 894.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 185.00 Mn |
| 10 | Greenfire Resources | 777.55 Mn | 777.15 Mn | 35.29 Mn | 9.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.04 Mn |
| Mar 31, 2026 | 9.04 Mn |
| Dec 31, 2025 | 8.51 Mn |
| Dec 31, 2025 | 8.51 Mn |
| Sep 30, 2025 | 8.33 Mn |
| Sep 30, 2025 | 8.33 Mn |
| Jun 30, 2025 | 8.96 Mn |
| Jun 30, 2025 | 8.96 Mn |
| Mar 31, 2025 | 9.89 Mn |
| Mar 31, 2025 | 9.89 Mn |
| Dec 31, 2024 | 9.84 Mn |
| Dec 31, 2024 | 9.84 Mn |
| Sep 30, 2024 | 9.15 Mn |
| Sep 30, 2024 | 9.15 Mn |
| Jun 30, 2024 | 9.73 Mn |
| Jun 30, 2024 | 9.73 Mn |
| Mar 31, 2024 | 9.80 Mn |
| Mar 31, 2024 | 9.80 Mn |
| Dec 31, 2023 | 9.75 Mn |
| Dec 31, 2023 | 9.75 Mn |