Granite Ridge Resources (GRNT) Profit After Tax (2021 - 2026)
Granite Ridge Resources (GRNT) reported Profit After Tax of -$47.0 million for Q1 2026, down 579.32% on a YoY basis from $9.8 million in Q1 2025, and down 87.65% quarter-over-quarter from -$25.1 million in Q4 2025.
Granite Ridge Resources (GRNT) Profit After Tax (2021 - 2026) Analysis & Trends
Granite Ridge Resources has reported Profit After Tax for 6 years, with the latest figure at -$47.0 million in Q1 2026.
- For the quarter ending Q1 2026, Profit After Tax fell 579.32% year-over-year to -$47.0 million; the trailing twelve-month figure through Mar 2026 stood at -$32.5 million (down 363.18% YoY), and the FY2025 full-year result was $24.4 million, up 29.82% from the prior year.
- Profit After Tax for Q1 2026 stood at -$47.0 million, down from -$25.1 million in the prior quarter.
- The five-year high for Profit After Tax was $93.3 million in Q2 2022, with the low at -$47.0 million in Q1 2026.
- Historically, Profit After Tax has averaged $20.0 million across 5 years, with a median of $16.2 million in 2024.
- Annual changes were most pronounced in 2025 — Profit After Tax jumped 391.69% — and 2026, when it tumbled 579.32%.
- Granite Ridge Resources' Profit After Tax 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 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 1.10 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 982.97 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 2.18 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 1.98 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 3.36 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 144.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 107.71 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 1.55 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -106.13 Mn |
| 10 | Granite Ridge Resources | 626.98 Mn | 572.76 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 |