Granite Ridge Resources GRNT
NYSE GRNT
$5.11 -0.07 (-1.35%)
At close: Aug 21, 2026 · 4:00 PM EDT

Granite Ridge Resources (GRNT) Profit After Tax (2021 - 2026)

Granite Ridge Resources' (GRNT) quarterly Profit After Tax came in at -$47.0 million in Q1 2026, down 579.32% YoY from $9.8 million in Q1 2025, and down 87.65% on a QoQ basis from -$25.1 million in Q4 2025.

Granite Ridge Resources (GRNT) Profit After Tax (2021 - 2026) Analysis & Trends

Granite Ridge Resources (GRNT) has 6 years of Profit After Tax data on file, last reported at -$47.0 million in 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 declined to -$47.0 million in Q1 2026, from -$25.1 million in the prior quarter.
  • In the past five years, Profit After Tax ranged from a high of $93.3 million in Q2 2022 to a low of -$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 tumbled 579.32%.
  • Tracing GRNT's Profit After Tax over 5 years: stood at $56.6 million in 2022, then plunged by 69.03% to $17.5 million in 2023, then slumped by 166.26% to -$11.6 million in 2024, then tumbled by 115.65% to -$25.1 million in 2025, then plunged by 87.65% to -$47.0 million in 2026.
  • The last three Profit After Tax figures came in at -$47.0 million (Q1 2026), -$25.1 million (Q4 2025), and $14.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Conocophillips 164.44 Bn 156.75 Bn 12.81 Bn 3.93 Bn
2 Canadian Natural Resources 106.98 Bn 105.09 Bn 10.66 Bn 3.26 Bn
3 Eog Resources 80.47 Bn 75.56 Bn - 2.73 Bn
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 Bn 2.06 Bn
5 Woodside Energy 46.13 Bn 40.18 Bn 6.02 Bn 2.17 Bn
6 Devon Energy 46.12 Bn 45.11 Bn 6.02 Bn 1.91 Bn
7 Occidental Petroleum 39.25 Bn 35.10 Bn 7.73 Bn 3.00 Bn
8 Eqt 33.67 Bn 33.56 Bn 1.42 Bn 281.45 Mn
9 Texas Pacific Land 26.50 Bn 26.25 Bn - 153.93 Mn
10 Granite Ridge Resources 669.72 Mn 624.73 Mn - 30.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 30.00 Mn
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