Greenfire Resources (GFR) Cost of Revenue (2022 - 2026)
Greenfire Resources' Cost of Revenue came in at $8.37 million for Q2 2026, down 6.6% from $8.96 million a year earlier and down 7.4% from the prior quarter.
Greenfire Resources (GFR) Cost of Revenue (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Greenfire Resources reported Cost of Revenue of $34.25 million, down 9.5% year-over-year; for FY2025, it was $35.73 million, down 5.4% from FY2024.
- Cost of Revenue has declined in each of the last three years, though with a four-year compound annual growth rate of 16.8% (FY2021 to FY2025).
- Going back by year, Cost of Revenue was $37.76 million in FY2024 (-8.5%), $41.26 million in FY2023 (-20.9%), $52.18 million in FY2022 (+171.8%) and $19.2 million in FY2021.
- The five-year range for quarterly Cost of Revenue is $8.33 million (Q3 2025) to $12.2 million (Q4 2022).
- Year-over-year, Cost of Revenue has declined for five consecutive quarters, with an average decline of 6.0% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q4 2024 (growth of 0.9%), and the weakest in Q4 2023 (a decline of 20.1%).
- Business Quant data shows GFR's Cost of Revenue at $9.04 million (Q1 2026), $8.51 million (Q4 2025) and $8.33 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | - |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 64.53 Bn |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | 36.61 Bn |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | - |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 6.71 Bn |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | 43.66 Bn |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | - |
| 10 | Greenfire Resources | 403.67 Mn | 287.72 Mn | 140.78 Mn | 8.37 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.37 Mn |
| Mar 31, 2026 | 9.04 Mn |
| Dec 31, 2025 | 8.51 Mn |
| Sep 30, 2025 | 8.33 Mn |
| Jun 30, 2025 | 8.96 Mn |
| Mar 31, 2025 | 9.89 Mn |
| Dec 31, 2024 | 9.84 Mn |
| Sep 30, 2024 | 9.15 Mn |
| Jun 30, 2024 | 9.73 Mn |
| Mar 31, 2024 | 9.80 Mn |
| Dec 31, 2023 | 9.75 Mn |
| Sep 30, 2023 | 9.54 Mn |
| Jun 30, 2023 | 10.11 Mn |
| Mar 31, 2023 | 11.85 Mn |
| Dec 31, 2022 | 12.20 Mn |
| Sep 30, 2022 | 11.76 Mn |
Greenfire Resources Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GFR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "GFR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();