Granite Ridge Resources (GRNT) Deferred Taxes (2022 - 2026)

Granite Ridge Resources (GRNT) posted Deferred Taxes of -$13.6 million for Q1 2026, down 75.19% on a QoQ basis from -$7.8 million in Q4 2025, and down 575.51% year-over-year from $2.9 million in Q1 2025.

Granite Ridge Resources (GRNT) Deferred Taxes (2022 - 2026) Analysis & Trends

Granite Ridge Resources' Deferred Taxes history runs 5 years deep, the most recent figure standing at -$13.6 million for Q1 2026.

  • Quarterly Deferred Taxes fell 575.51% year-over-year to -$13.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$9.1 million (down 327.89% YoY) and the FY2025 annual result came in at $7.4 million, up 23.92% from the prior year.
  • Deferred Taxes was -$13.6 million for Q1 2026 at Granite Ridge Resources, down from -$7.8 million in the prior quarter.
  • Across five years, Deferred Taxes topped out at $12.8 million in Q4 2022 and bottomed at -$13.6 million in Q1 2026.
  • A 5-year average of $2.6 million and a median of $4.5 million in 2023 frame the typical range for Deferred Taxes.
  • Annual changes were most pronounced in 2025 — Deferred Taxes jumped 367.78% — and 2026, when it plunged 575.51%.
  • Granite Ridge Resources' Deferred Taxes stood at $12.8 million in 2022, then plunged by 43.93% to $7.2 million in 2023, then slumped by 166.27% to -$4.8 million in 2024, then slumped by 63.14% to -$7.8 million in 2025, then tumbled by 75.19% to -$13.6 million in 2026.
  • Business Quant data shows GRNT's Deferred Taxes at -$13.6 million in Q1 2026, -$7.8 million in Q4 2025, and $4.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 102.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 18.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn -242.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 50.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 81.22 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -3.58 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 234.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 319.00 Mn
10 Granite Ridge Resources 602.16 Mn 575.76 Mn - -13.65 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.65 Mn
Dec 31, 2025 -7.79 Mn
Sep 30, 2025 4.90 Mn
Jun 30, 2025 7.41 Mn
Mar 31, 2025 2.87 Mn
Dec 31, 2024 -4.78 Mn
Sep 30, 2024 4.33 Mn
Jun 30, 2024 1.58 Mn
Mar 31, 2024 4.82 Mn
Dec 31, 2023 7.21 Mn
Sep 30, 2023 2.41 Mn
Jun 30, 2023 4.70 Mn
Mar 31, 2023 9.96 Mn
Dec 31, 2022 12.85 Mn