Granite Ridge Resources (GRNT) Interest Expenses (2021 - 2026)
Granite Ridge Resources (GRNT) reported Interest Expenses of $10.3 million for Q1 2026, up 105.76% on a YoY basis from $5.0 million in Q1 2025, and up 21.37% quarter-over-quarter from $8.5 million in Q4 2025.
Granite Ridge Resources (GRNT) Interest Expenses (2021 - 2026) Analysis & Trends
Granite Ridge Resources has reported Interest Expenses for 6 years, with the latest figure at $10.3 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 105.76% year-over-year to $10.3 million; the trailing twelve-month figure through Mar 2026 stood at $30.8 million (up 51.56% YoY), and the FY2025 full-year result was $25.5 million, up 38.06% from the prior year.
- Interest Expenses for Q1 2026 stood at $10.3 million, up from $8.5 million in the prior quarter.
- The five-year high for Interest Expenses was $10.3 million in Q1 2026, with the low at $285000.0 in Q4 2022.
- Historically, Interest Expenses has averaged $3.6 million across 5 years, with a median of $3.2 million in 2024.
- Annual changes were most pronounced in 2022 — Interest Expenses slumped 80.47% — and 2024, when it jumped 831.86%.
- Granite Ridge Resources' Interest Expenses stood at $285000.0 in 2022, then soared by 745.26% to $2.4 million in 2023, then jumped by 93.98% to $4.7 million in 2024, then soared by 81.94% to $8.5 million in 2025, then rose by 21.37% to $10.3 million in 2026.
- The last three Interest Expenses figures came in at $10.3 million (Q1 2026), $8.5 million (Q4 2025), and $6.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 198.00 Mn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 66.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 432.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 54.89 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 96.78 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 19.47 Mn |
| 10 | Granite Ridge Resources | 626.98 Mn | 572.76 Mn | - | 10.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.32 Mn |
| Mar 31, 2026 | 10.32 Mn |
| Dec 31, 2025 | 8.50 Mn |
| Dec 31, 2025 | 8.50 Mn |
| Sep 30, 2025 | 6.07 Mn |
| Sep 30, 2025 | 6.07 Mn |
| Jun 30, 2025 | 5.91 Mn |
| Jun 30, 2025 | 5.91 Mn |
| Mar 31, 2025 | 5.02 Mn |
| Mar 31, 2025 | 5.02 Mn |
| Dec 31, 2024 | 4.67 Mn |
| Dec 31, 2024 | 4.67 Mn |
| Sep 30, 2024 | 4.82 Mn |
| Sep 30, 2024 | 4.82 Mn |
| Jun 30, 2024 | 5.82 Mn |
| Jun 30, 2024 | 5.82 Mn |
| Mar 31, 2024 | 3.16 Mn |
| Mar 31, 2024 | 3.16 Mn |
| Dec 31, 2023 | 2.41 Mn |
| Dec 31, 2023 | 2.41 Mn |