Granite Ridge Resources reported revenue of $149.27M and net income of $30.00M for the quarter ended Jun 2026, up 36.7% year over year. This income statement covers 20 quarters of results from Sep 2021 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||
| Revenue | 55.72M | 147.56M | 93.85M | 150.27M | 136.97M | 116.33M | 91.31M | 87.56M | 108.40M | 106.80M | 89.00M | 90.65M | 94.08M | 106.31M | 122.93M | 109.22M | 112.67M | 105.48M | 128.26M | 149.27M |
| Cost of RevenueCost of Rev | 3.62M | -8.41M | 6.37M | -15.84M | ||||||||||||||||
| Gross Profit | 52.10M | 155.97M | 130.60M | 132.18M | ||||||||||||||||
| Operating items | ||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 16.12M | 31.40M | 36.57M | 21.66M | 33.85M | 34.97M | 44.27M | 47.57M | 40.94M | 41.59M | 44.15M | 49.85M | 48.45M | 53.41M | 55.95M | 57.90M | 54.98M | 52.67M | ||
| Research & DevelopmentR&D | 1.56M | 0.28M | ||||||||||||||||||
| Selling, General & AdministrativeSG&A | 1.76M | 5.20M | 2.77M | 2.27M | 2.71M | 6.48M | 8.58M | 8.01M | 5.25M | 6.08M | 6.49M | 6.62M | 5.59M | 5.94M | 7.46M | 8.52M | 6.99M | 8.04M | 9.08M | 9.15M |
| Other Operating ExpensesOther Opex | 21.92M | 74.84M | 5.17M | 7.73M | 7.87M | 9.85M | 5.72M | 6.30M | 7.79M | 33.01M | 6.48M | 6.88M | 6.34M | 42.15M | 8.25M | 6.44M | 6.55M | 51.04M | 19.68M | 18.48M |
| Operating ExpensesOpex | 23.68M | 80.04M | 32.49M | 50.91M | 59.48M | 52.40M | 61.92M | 63.69M | 75.80M | 102.07M | 69.39M | 68.77M | 69.39M | 113.22M | 80.40M | 88.48M | 93.08M | 141.92M | 113.42M | 110.26M |
| Operating IncomeOp. Inc | 32.03M | 67.52M | 61.36M | 99.36M | 77.49M | 63.94M | 29.39M | 23.87M | 32.60M | 4.73M | 19.60M | 21.89M | 24.68M | -6.92M | 42.53M | 20.73M | 19.59M | -36.44M | 14.85M | 39.02M |
| EBIT | 32.03M | 67.52M | 61.36M | 99.36M | 77.49M | 63.94M | 29.39M | 23.87M | 32.60M | 4.73M | 19.60M | 21.89M | 24.68M | -6.92M | 42.53M | 20.73M | 19.59M | -36.44M | 14.85M | 39.02M |
| Non-operating items | ||||||||||||||||||||
| Non Operating Interest Expenses | 0.35M | 1.46M | 0.53M | 0.61M | 0.57M | 0.28M | 0.34M | 1.21M | 1.36M | 2.41M | 3.16M | 5.82M | 4.82M | 4.67M | 5.01M | 5.91M | 6.07M | 8.50M | 10.32M | 11.07M |
| Non Operating Investment IncomeNon-Op. Investment Inc. | 0.51M | 7.78M | -8.77M | -18.32M | 4.23M | -9.97M | -5.79M | 6.67M | -2.22M | |||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -6.56M | 6.08M | 19.15M | 0.00M | 0.27M | 0.00M | -0.09M | -0.00M | 0.16M | 0.16M | ||||||||||
| Non Operating IncomeNon Op. Inc. | -6.91M | -15.73M | -28.92M | -6.07M | 2.50M | 5.54M | 18.26M | -11.00M | -9.49M | 17.23M | 1.46M | -15.11M | -11.30M | -9.34M | -29.84M | 12.12M | -0.30M | 3.71M | -75.51M | -0.15M |
| Net income details | ||||||||||||||||||||
| EBT | 31.68M | 66.06M | 32.44M | 93.28M | 79.99M | 69.47M | 47.65M | 12.87M | 23.11M | 21.95M | 21.06M | 6.78M | 13.38M | -16.26M | 12.69M | 32.86M | 19.29M | -32.73M | -60.66M | 38.87M |
| Tax ProvisionsTaxes | 12.85M | 10.80M | 4.13M | 5.20M | 4.38M | 4.84M | 1.70M | 4.33M | -4.64M | 2.90M | 7.80M | 4.80M | -7.67M | -13.63M | 8.90M | |||||
| Profit After TaxPAT | 25.12M | 51.79M | 32.44M | 93.28M | 79.99M | 56.62M | 36.87M | 8.74M | 17.96M | 17.54M | 16.23M | 5.10M | 9.05M | -11.62M | 9.81M | 25.08M | 14.52M | -25.06M | -47.03M | 30.00M |
| Income from Continuing OperationsIncome (Continuing) | 31.68M | 66.06M | 32.44M | 93.28M | 79.99M | 56.62M | 36.85M | 8.74M | 17.91M | 17.57M | 16.23M | 5.08M | 9.05M | -11.62M | 9.79M | 25.06M | 14.49M | -25.06M | -47.03M | 29.97M |
| Consolidated Net IncomeConsol Net Inc. | 31.68M | 66.06M | 32.44M | 93.28M | 79.99M | 56.62M | 36.85M | 8.74M | 17.91M | 17.57M | 16.23M | 5.08M | 9.05M | -11.62M | 9.79M | 25.06M | 14.49M | -25.06M | -47.03M | 29.97M |
| Income towards Parent CompanyParent Net Inc | 31.68M | 66.06M | 32.44M | 93.28M | 79.99M | 56.62M | 36.85M | 8.74M | 17.91M | 17.57M | 16.23M | 5.08M | 9.05M | -11.62M | 9.79M | 25.06M | 14.49M | -25.06M | -47.03M | 29.97M |
| Net Income towards Common StockholdersNet Income | 31.68M | 66.06M | 32.44M | 93.28M | 79.99M | 56.62M | 36.85M | 8.74M | 17.91M | 17.57M | 16.23M | 5.08M | 9.05M | -11.62M | 9.79M | 25.06M | 14.49M | -25.06M | -47.03M | 29.97M |
| Additional items | ||||||||||||||||||||
| EPS (Basic) | 0.24 | 0.50 | 0.24 | 0.70 | 0.60 | 0.43 | 0.28 | 0.07 | 0.13 | 0.13 | 0.12 | 0.04 | 0.07 | -0.09 | 0.08 | 0.19 | 0.11 | -0.19 | -0.36 | 0.23 |
| EPS (Diluted) | 0.24 | 0.50 | 0.24 | 0.70 | 0.60 | 0.43 | 0.28 | 0.07 | 0.13 | 0.13 | 0.12 | 0.04 | 0.07 | -0.09 | 0.08 | 0.19 | 0.11 | -0.19 | -0.36 | 0.23 |
| Shares Outstanding | 132.92M | 132.92M | 132.92M | 132.92M | 132.92M | 132.92M | 133.00M | 132.87M | 134.40M | 133.09M | 130.14M | 130.20M | 130.20M | 130.19M | 130.34M | 130.47M | 130.47M | 130.44M | 130.62M | 130.81M |
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 132.92M | 132.92M | 132.92M | 132.92M | 132.92M | 133.07M | 133.00M | 132.88M | 134.42M | 133.11M | 130.16M | 130.25M | 130.24M | 130.23M | 130.40M | 130.59M | 130.51M | 130.50M | 130.62M | 130.82M |
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 132.92M | 132.92M | 132.92M | 133.29M | 133.21M | 133.04M | 134.84M | 133.00M | 130.45M | 130.74M | 130.74M | 130.74M | 130.81M | 131.11M | 131.25M | 131.25M | 131.46M | 131.90M | 131.90M | |
| EBITDA | 32.03M | 67.52M | 77.49M | 130.76M | 114.06M | 85.59M | 63.24M | 58.84M | 76.87M | 52.30M | 60.54M | 63.48M | 68.83M | 42.93M | 90.98M | 74.15M | 75.54M | 21.46M | 69.83M | 91.68M |
| Interest ExpensesInt Expense | 0.35M | 1.46M | 0.53M | 0.61M | 0.57M | 0.28M | 0.34M | 1.21M | 1.36M | 2.41M | 3.16M | 5.82M | 4.82M | 4.67M | 5.01M | 5.91M | 6.07M | 8.50M | 10.32M | 11.07M |
| Tax Rate | 18.50% | 22.66% | 32.09% | 22.50% | 19.96% | 22.96% | 25.08% | 32.35% | 28.52% | 22.85% | 23.74% | 24.88% | 23.42% | 22.47% | 22.90% |