Granite Ridge Resources (GRNT) Deferred Taxes (2022 - 2026)
Granite Ridge Resources (GRNT) reported Deferred Taxes of -$13.6 million for Q1 2026, down 575.51% on a YoY basis from $2.9 million in Q1 2025, and down 75.19% quarter-over-quarter from -$7.8 million in Q4 2025.
Granite Ridge Resources (GRNT) Deferred Taxes (2022 - 2026) Analysis & Trends
Granite Ridge Resources has reported Deferred Taxes for 5 years, with the latest figure at -$13.6 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes fell 575.51% year-over-year to -$13.6 million; the trailing twelve-month figure through Mar 2026 stood at -$9.1 million (down 327.89% YoY), and the FY2025 full-year result was $7.4 million, up 23.92% from the prior year.
- Deferred Taxes for Q1 2026 stood at -$13.6 million, down from -$7.8 million in the prior quarter.
- The five-year high for Deferred Taxes was $12.8 million in Q4 2022, with the low at -$13.6 million in Q1 2026.
- Historically, Deferred Taxes has averaged $2.6 million across 5 years, with a median of $4.5 million in 2023.
- Annual changes were most pronounced in 2025 — Deferred Taxes jumped 367.78% — and 2026, when it sank 575.51%.
- Granite Ridge Resources' Deferred Taxes stood at $12.8 million in 2022, then slumped by 43.93% to $7.2 million in 2023, then plunged by 166.27% to -$4.8 million in 2024, then plunged by 63.14% to -$7.8 million in 2025, then sank by 75.19% to -$13.6 million in 2026.
- The last three Deferred Taxes figures came in at -$13.6 million (Q1 2026), -$7.8 million (Q4 2025), and $4.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | -126.15 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 102.00 Mn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 18.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 50.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | -242.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 19.69 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 410.40 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -82.94 Mn |
| 10 | Granite Ridge Resources | 626.98 Mn | 572.76 Mn | - | -13.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |