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
DateValue
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