Diluted Bitumen Sales was Greenfire Resources’s largest revenue line in fiscal 2025, bringing in $574.31M of $584.40M (98%).
| Products and services [axis] | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Diluted Bitumen Sales | $890.40M | $652.81M | $799.09M | $574.31M | |
| Bitumen Sales | $108.45M | $23.16M | — | — | |
| Non-Diluted Bitumen Sales | — | — | $23.88M | $28.99M | |
| Royalties | -$50.06M | -$23.71M | -$32.02M | -$18.91M | |
| Total | $948.79M | $652.26M | $790.95M | $584.40M |
Greenfire Resources brought in $584.40M from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 26.1% from $790.95M in fiscal 2024. Diluted Bitumen Sales was the largest at $574.31M (98.3%), ahead of Non-Diluted Bitumen Sales at $28.99M (5.0%).
Compared with fiscal 2024, Non-Diluted Bitumen Sales grew 21.4% to $28.99M, while Diluted Bitumen Sales fell 28.1% to $574.31M.
Greenfire Resources began breaking out Non-Diluted Bitumen Sales in fiscal 2024, when it brought in $23.88M. Greenfire Resources stopped reporting Bitumen Sales as a separate revenue line after fiscal 2023, when it brought in $23.16M. The total is net of Royalties, which took $18.91M off revenue in fiscal 2025.
Greenfire Resources (GFR) reports its revenue by products and services [axis]. In fiscal 2025, Diluted Bitumen Sales was its largest revenue line, bringing in $574.31M (98.3% of the total), followed by Non-Diluted Bitumen Sales at $28.99M (5.0%).
Diluted Bitumen Sales was Greenfire Resources' largest revenue line in fiscal 2025, bringing in $574.31M, or 98.3% of the $584.40M total across its three revenue lines.
Non-Diluted Bitumen Sales grew faster than Diluted Bitumen Sales in fiscal 2025, up 21.4% from $23.88M to $28.99M. Diluted Bitumen Sales fell 28.1% to $574.31M.
Every figure comes from Greenfire Resources' annual financial filings, as reported. Each line keeps the name Greenfire Resources gives it, and years follow its fiscal calendar.
Greenfire Resources' revenue by products and services [axis] goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.