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
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