Granite Ridge Resources (GRNT) Consolidated Net Income (2021 - 2026)
Granite Ridge Resources' (GRNT) quarterly Consolidated Net Income came in at $30.0 million in Q2 2026, up 19.6% on a YoY basis from $25.1 million in Q2 2025, and up 163.72% quarter-over-quarter from -$47.0 million in Q1 2026.
Analysis
Granite Ridge Resources (GRNT) Consolidated Net Income (2021 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has reported Consolidated Net Income for 6 consecutive years, with $30.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Consolidated Net Income rose 19.6% year-over-year to $30.0 million; the trailing twelve-month figure through Jun 2026 stood at -$27.6 million (down 185.6% YoY), and the FY2025 full-year result was $24.4 million, up 29.82% from the prior year.
- Consolidated Net Income advanced to $30.0 million in Q2 2026 per GRNT's latest filing, from -$47.0 million in the prior quarter.
- Across five years, Consolidated Net Income topped out at $93.3 million in Q2 2022 and bottomed at -$47.0 million in Q1 2026.
- Historically, Consolidated Net Income has averaged $20.5 million across 5 years, with a median of $16.9 million in 2023.
- The sharpest annual moves came in 2025 and 2026: Consolidated Net Income soared 393.36% in 2025, then slumped 580.3% in 2026.
- Over 5 years, Consolidated Net Income stood at $56.6 million in 2022, then plunged by 68.97% to $17.6 million in 2023, then sank by 166.14% to -$11.6 million in 2024, then sank by 115.65% to -$25.1 million in 2025, then jumped by 219.57% to $30.0 million in 2026.
- According to Business Quant data, Consolidated Net Income over the past three periods registered $30.0 million, -$47.0 million, and -$25.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 3.93 Bn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 3.48 Bn |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 2.72 Bn |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 2.06 Bn |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 1.64 Bn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 522.00 Mn |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 792.46 Mn |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 456.00 Mn |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 1.04 Bn |
| 10 | Granite Ridge Resources | 667.76 Mn | 622.77 Mn | - | 29.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.97 Mn |
| Mar 31, 2026 | -47.03 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 | -11.62 Mn |
| Sep 30, 2024 | 9.05 Mn |
| Jun 30, 2024 | 5.08 Mn |
| Mar 31, 2024 | 16.23 Mn |
| Dec 31, 2023 | 17.57 Mn |
| Sep 30, 2023 | 17.91 Mn |
| Jun 30, 2023 | 8.74 Mn |
| Mar 31, 2023 | 36.85 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 | 66.06 Mn |
| Sep 30, 2021 | 31.68 Mn |