For the quarter ending 2026-03-31, GRNT made $128,264K in revenue. -$47,031K in net income. Net profit margin of -36.67%.
| Income Statement | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Oil and natural gas sales | 128,264 | 112,671 | 109,219 | 122,931 |
| Lease operating expenses | 29,679 | 23,596 | 20,118 | 16,240 |
| Impairments of unproved properties | - | 0 | 0 | - |
| Production and ad valorem taxes | 8,236 | 6,551 | 6,437 | 8,368 |
| Depletion and accretion expense | 54,979 | 55,947 | 53,412 | 48,445 |
| Impairments of long-lived assets | 11,174 | - | - | - |
| General and administrative | 9,080 | 6,988 | 8,517 | 7,463 |
| Other, net | 267 | 0 | 0 | -120 |
| Total operating costs and expenses | 113,415 | 93,082 | 88,484 | 80,396 |
| Net operating income | 14,849 | 19,589 | 20,735 | 42,535 |
| Loss on derivatives - commodity derivatives | -72,027 | 5,224 | 23,925 | -14,857 |
| Interest expense, net | 10,319 | 6,069 | 5,914 | 5,015 |
| Unrealized gain (loss) recognized | - | 548 | - | - |
| Gain (loss) on equity investments | 6,675 | - | -5,795 | -9,971 |
| Other income | 158 | 0 | -93 | - |
| Total other income (expense) | -75,513 | -297 | 12,123 | -29,843 |
| Income (loss) before income taxes | -60,664 | 19,292 | 32,858 | 12,692 |
| Income tax expense (benefit) | -13,633 | 4,769 | 7,777 | 2,880 |
| Net income (loss) | -47,031 | 14,523 | 25,081 | 9,812 |
| Basic EPS | -0.36 | 0.11 | 0.19 | 0.07 |
| Diluted EPS | -0.36 | 0.11 | 0.19 | 0.07 |
| Basic Average Shares | 130,620,000 | 130,472,000 | 130,469,000 | 130,336,000 |
| Diluted Average Shares | 130,620,000 | 130,506,000 | 130,588,000 | 130,401,000 |
Granite Ridge Resources, Inc. (GRNT)
Granite Ridge Resources, Inc. (GRNT)