Granite Ridge Resources (GRNT) Operating Income (2021 - 2026)

Granite Ridge Resources (GRNT) reported Operating Income of $14.8 million for Q1 2026, down 65.09% on a YoY basis from $42.5 million in Q1 2025, and up 140.75% quarter-over-quarter from -$36.4 million in Q4 2025.

Granite Ridge Resources (GRNT) Operating Income (2021 - 2026) Analysis & Trends

Granite Ridge Resources has reported Operating Income for 6 years, with the latest figure at $14.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 65.09% year-over-year to $14.8 million; the trailing twelve-month figure through Mar 2026 stood at $18.7 million (down 77.21% YoY), and the FY2025 full-year result was $46.4 million, down 21.66% from the prior year.
  • Operating Income for Q1 2026 stood at $14.8 million, up from -$36.4 million in the prior quarter.
  • The five-year high for Operating Income was $99.4 million in Q2 2022, with the low at -$36.4 million in Q4 2025.
  • Historically, Operating Income has averaged $30.2 million across 5 years, with a median of $23.9 million in 2023.
  • Annual changes were most pronounced in 2022 — Operating Income jumped 141.91% — and 2025, when it sank 426.88%.
  • Granite Ridge Resources' Operating Income stood at $63.9 million in 2022, then plunged by 92.61% to $4.7 million in 2023, then slumped by 246.34% to -$6.9 million in 2024, then slumped by 426.88% to -$36.4 million in 2025, then jumped by 140.75% to $14.8 million in 2026.
  • The last three Operating Income figures came in at $14.8 million (Q1 2026), -$36.4 million (Q4 2025), and $19.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Woodside Energy 631.53 Bn 625.59 Bn - -
2 Canadian Natural Resources 402.73 Bn 402.73 Bn 6.72 Bn 5.68 Bn
3 Conocophillips 145.39 Bn 139.02 Bn 9.48 Bn 7.20 Bn
4 Eog Resources 74.61 Bn 70.76 Bn - 2.60 Bn
5 Occidental Petroleum 57.00 Bn 53.82 Bn 4.87 Bn 3.76 Bn
6 Diamondback Energy 56.03 Bn 62.20 Bn 4.22 Bn 116.00 Mn
7 Vista Energy, S.A.B. de C.V 36.26 Bn 35.65 Bn 472.36 Mn 215.59 Mn
8 Eqt 33.02 Bn 36.36 Bn 2.98 Bn 2.04 Bn
9 Vermilion Energy 32.76 Bn 32.57 Bn 370.10 Mn 266.77 Mn
10 Granite Ridge Resources 634.81 Mn 580.60 Mn - 14.85 Mn

Historic Data

Download Data
DateValue
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