Granite Ridge Resources (GRNT) Profit After Tax (2021 - 2026)
Granite Ridge Resources (GRNT) posted Profit After Tax of -$47.0 million for Q1 2026, down 87.65% on a QoQ basis from -$25.1 million in Q4 2025, and down 579.32% year-over-year from $9.8 million in Q1 2025.
Granite Ridge Resources (GRNT) Profit After Tax (2021 - 2026) Analysis & Trends
Granite Ridge Resources' Profit After Tax history runs 6 years deep, the most recent figure standing at -$47.0 million for Q1 2026.
- Quarterly Profit After Tax fell 579.32% year-over-year to -$47.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$32.5 million (down 363.18% YoY) and the FY2025 annual result came in at $24.4 million, up 29.82% from the prior year.
- Profit After Tax was -$47.0 million for Q1 2026 at Granite Ridge Resources, down from -$25.1 million in the prior quarter.
- Across five years, Profit After Tax topped out at $93.3 million in Q2 2022 and bottomed at -$47.0 million in Q1 2026.
- A 5-year average of $20.0 million and a median of $16.2 million in 2024 frame the typical range for Profit After Tax.
- Annual changes were most pronounced in 2025 — Profit After Tax jumped 391.69% — and 2026, when it slumped 579.32%.
- Granite Ridge Resources' Profit After Tax stood at $56.6 million in 2022, then slumped by 69.03% to $17.5 million in 2023, then plunged by 166.26% to -$11.6 million in 2024, then sank by 115.65% to -$25.1 million in 2025, then slumped by 87.65% to -$47.0 million in 2026.
- Business Quant data shows GRNT's Profit After Tax at -$47.0 million in Q1 2026, -$25.1 million in Q4 2025, and $14.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.18 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 1.98 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 25.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 801.00 Mn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 236.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 211.43 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 142.90 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 120.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 1.16 Bn |
| 10 | Granite Ridge Resources | 602.16 Mn | 575.76 Mn | - | -47.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -47.03 Mn |
| Dec 31, 2025 | -25.06 Mn |
| Sep 30, 2025 | 14.52 Mn |
| Jun 30, 2025 | 25.08 Mn |
| Mar 31, 2025 | 9.81 Mn |
| Dec 31, 2024 | -11.62 Mn |
| Sep 30, 2024 | 9.05 Mn |
| Jun 30, 2024 | 5.10 Mn |
| Mar 31, 2024 | 16.23 Mn |
| Dec 31, 2023 | 17.54 Mn |
| Sep 30, 2023 | 17.96 Mn |
| Jun 30, 2023 | 8.74 Mn |
| Mar 31, 2023 | 36.87 Mn |
| Dec 31, 2022 | 56.63 Mn |
| Sep 30, 2022 | 79.99 Mn |
| Jun 30, 2022 | 93.28 Mn |
| Mar 31, 2022 | 32.44 Mn |
| Dec 31, 2021 | 51.79 Mn |
| Sep 30, 2021 | 25.12 Mn |