Greenfire Resources (GFR) Net Income (2021 - 2026)
Greenfire Resources (GFR) posted quarterly Net Income of $53.2 million for Q1 2026, up 372.59% year-on-year from $11.3 million in Q1 2025, and up 959.41% on a QoQ basis from -$6.2 million in Q4 2025.
Greenfire Resources (GFR) Net Income (2021 - 2026) Analysis & Trends
Greenfire Resources (GFR) has reported Net Income for 6 consecutive years, with $53.2 million the latest figure, recorded in Q1 2026.
- Quarterly Net Income rose 372.59% year-over-year to $53.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $75.8 million (up 4.64% YoY) and the FY2025 annual result came in at $34.0 million, down 61.66% from the prior year.
- Net Income rose to $53.2 million in Q1 2026 per GFR's latest filing, from -$6.2 million in the prior quarter.
- Over the last five years, Net Income for GFR reached as high as $195.9 million in Q4 2023 and fell as low as -$103.5 million in Q3 2023.
- A 5-year average of $29.5 million and a median of $22.6 million in 2024 frame the typical range for Net Income.
- Annual changes were most pronounced in 2023 — Net Income tumbled 220.91% — and 2026, when it surged 372.59%.
- Year by year, Net Income stood at $50.8 million in 2022, then soared by 285.42% to $195.9 million in 2023, then tumbled by 102.31% to -$4.5 million in 2024, then tumbled by 36.98% to -$6.2 million in 2025, then jumped by 959.41% to $53.2 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered $53.2 million, -$6.2 million, and -$6.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.18 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 1.98 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 144.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 801.00 Mn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 3.12 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 281.45 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 142.90 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 216.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 1.16 Bn |
| 10 | Greenfire Resources | 777.55 Mn | 777.15 Mn | 35.29 Mn | 53.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 53.23 Mn |
| Dec 31, 2025 | -6.19 Mn |
| Sep 30, 2025 | -6.36 Mn |
| Jun 30, 2025 | 35.17 Mn |
| Mar 31, 2025 | 11.26 Mn |
| Dec 31, 2024 | -4.52 Mn |
| Sep 30, 2024 | 43.19 Mn |
| Jun 30, 2024 | 22.55 Mn |
| Mar 31, 2024 | 34.82 Mn |
| Dec 31, 2023 | 195.89 Mn |
| Sep 30, 2023 | -103.45 Mn |
| Jun 30, 2023 | 18.13 Mn |
| Mar 31, 2023 | 12.34 Mn |
| Dec 31, 2022 | 50.83 Mn |
| Sep 30, 2022 | 85.56 Mn |
| Sep 17, 2021 | 83.63 Mn |