Granite Ridge Resources (GRNT) EBIT (2021 - 2026)
Granite Ridge Resources (GRNT) posted EBIT of $14.8 million for Q1 2026, up 140.75% on a QoQ basis from -$36.4 million in Q4 2025, and down 65.09% year-over-year from $42.5 million in Q1 2025.
Granite Ridge Resources (GRNT) EBIT (2021 - 2026) Analysis & Trends
Granite Ridge Resources' EBIT history runs 6 years deep, the most recent figure standing at $14.8 million for Q1 2026.
- Quarterly EBIT fell 65.09% year-over-year to $14.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.7 million (down 77.21% YoY) and the FY2025 annual result came in at $46.4 million, down 21.66% from the prior year.
- EBIT was $14.8 million for Q1 2026 at Granite Ridge Resources, up from -$36.4 million in the prior quarter.
- Across five years, EBIT topped out at $99.4 million in Q2 2022 and bottomed at -$36.4 million in Q4 2025.
- A 5-year average of $30.2 million and a median of $23.9 million in 2023 frame the typical range for EBIT.
- Annual changes were most pronounced in 2022 — EBIT jumped 141.91% — and 2025, when it plunged 426.88%.
- Granite Ridge Resources' EBIT stood at $63.9 million in 2022, then slumped by 92.61% to $4.7 million in 2023, then plunged by 246.34% to -$6.9 million in 2024, then plunged by 426.88% to -$36.4 million in 2025, then soared by 140.75% to $14.8 million in 2026.
- Business Quant data shows GRNT's EBIT at $14.8 million in Q1 2026, -$36.4 million in Q4 2025, and $19.6 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 7.20 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 2.60 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 116.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 19.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 394.04 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 182.33 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 166.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 1.53 Bn |
| 10 | Granite Ridge Resources | 602.16 Mn | 575.76 Mn | - | 14.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.85 Mn |
| Dec 31, 2025 | -36.44 Mn |
| Sep 30, 2025 | 19.59 Mn |
| Jun 30, 2025 | 20.74 Mn |
| Mar 31, 2025 | 42.54 Mn |
| Dec 31, 2024 | -6.92 Mn |
| Sep 30, 2024 | 24.68 Mn |
| Jun 30, 2024 | 21.89 Mn |
| Mar 31, 2024 | 19.60 Mn |
| Dec 31, 2023 | 4.73 Mn |
| Sep 30, 2023 | 32.60 Mn |
| Jun 30, 2023 | 23.87 Mn |
| Mar 31, 2023 | 29.39 Mn |
| Dec 31, 2022 | 63.94 Mn |
| Sep 30, 2022 | 77.49 Mn |
| Jun 30, 2022 | 99.36 Mn |
| Mar 31, 2022 | 61.36 Mn |
| Dec 31, 2021 | 67.52 Mn |
| Sep 30, 2021 | 32.03 Mn |