Granite Ridge Resources (GRNT) Consolidated Net Income (2021 - 2026)
Granite Ridge Resources' (GRNT) quarterly Consolidated Net Income came in at -$47.1 million in Q1 2026, down 580.64% YoY from $9.8 million in Q1 2025, and down 87.78% on a QoQ basis from -$25.1 million in Q4 2025.
Granite Ridge Resources (GRNT) Consolidated Net Income (2021 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has 6 years of Consolidated Net Income data on file, last reported at -$47.1 million in Q1 2026.
- Quarterly Consolidated Net Income fell 580.64% year-over-year to -$47.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$32.6 million (down 365.29% YoY) and the FY2025 annual result came in at $24.4 million, up 29.82% from the prior year.
- Consolidated Net Income retreated to -$47.1 million in Q1 2026, from -$25.1 million in the prior quarter.
- In the past five years, Consolidated Net Income ranged from a high of $93.3 million in Q2 2022 to a low of -$47.1 million in Q1 2026.
- A 5-year average of $20.0 million and a median of $16.2 million in 2024 frame the typical range for Consolidated Net Income.
- Annual changes were most pronounced in 2025 — Consolidated Net Income jumped 391.24% — and 2026, when it slumped 580.64%.
- Tracing GRNT's Consolidated Net Income over 5 years: stood at $56.6 million in 2022, then slumped by 68.97% to $17.6 million in 2023, then plunged by 166.4% to -$11.7 million in 2024, then tumbled by 114.82% to -$25.1 million in 2025, then slumped by 87.78% to -$47.1 million in 2026.
- The last three Consolidated Net Income figures came in at -$47.1 million (Q1 2026), -$25.1 million (Q4 2025), and $14.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 3.93 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 3.48 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 2.72 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 2.06 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 1.64 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 2.17 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 3.00 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 281.45 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 153.93 Mn |
| 10 | Granite Ridge Resources | 675.61 Mn | 630.62 Mn | - | 29.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.97 Mn |
| Mar 31, 2026 | -47.06 Mn |
| Dec 31, 2025 | -25.06 Mn |
| Sep 30, 2025 | 14.49 Mn |
| Jun 30, 2025 | 25.06 Mn |
| Mar 31, 2025 | 9.79 Mn |
| Dec 31, 2024 | -11.67 Mn |
| Sep 30, 2024 | 9.05 Mn |
| Jun 30, 2024 | 5.10 Mn |
| Mar 31, 2024 | 16.23 Mn |
| Dec 31, 2023 | 17.57 Mn |
| Sep 30, 2023 | 17.96 Mn |
| Jun 30, 2023 | 8.74 Mn |
| Mar 31, 2023 | 36.87 Mn |
| Dec 31, 2022 | 56.63 Mn |
| Sep 30, 2022 | 79.99 Mn |
| Jun 30, 2022 | 93.28 Mn |
| Mar 31, 2022 | 32.44 Mn |
| Dec 31, 2021 | 66.28 Mn |
| Sep 30, 2021 | 31.68 Mn |