# Granite Ridge Resources, Inc.: financial statements, quarterly

GRNT · NYSE · CIK 1928446 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/grnt.md) · [Financials](/companies/grnt/financials.md) · [Filings](/companies/grnt/filings.md) · [Insiders](/companies/grnt/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/grnt/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [108](/filings/0001928446-24-000046.md) | [107 d](/filings/0001928446-26-000007.md) | [89.0](/filings/0001928446-25-000030.md) | [90.7](/filings/0001928446-25-000043.md) | [94.1](/filings/0001928446-25-000048.md) | [106 d](/filings/0001928446-26-000007.md) | [123](/filings/0001928446-26-000016.md) | [109](/filings/0001928446-26-000051.md) | [113](/filings/0001928446-25-000048.md) | [105 d](/filings/0001928446-26-000007.md) | [128](/filings/0001928446-26-000016.md) | [149](/filings/0001928446-26-000051.md) |
| Operating income | $m | [32.6](/filings/0001928446-24-000046.md) | [4.7 d](/filings/0001928446-26-000007.md) | [19.6](/filings/0001928446-25-000030.md) | [21.9](/filings/0001928446-25-000043.md) | [24.7](/filings/0001928446-25-000048.md) | [(6.9) d](/filings/0001928446-26-000007.md) | [42.5](/filings/0001928446-26-000016.md) | [20.7](/filings/0001928446-26-000051.md) | [19.6](/filings/0001928446-25-000048.md) | [(36.4) d](/filings/0001928446-26-000007.md) | [14.8](/filings/0001928446-26-000016.md) | [39.0](/filings/0001928446-26-000051.md) |
| Interest expense | $m | [1.4](/filings/0001928446-23-000046.md) | [2.4 d](/filings/0001928446-24-000009.md) | [3.2](/filings/0001928446-24-000023.md) | [5.8](/filings/0001928446-25-000043.md) | [4.8](/filings/0001928446-25-000048.md) | [4.7 d](/filings/0001928446-26-000007.md) | [5.0](/filings/0001928446-26-000016.md) | [5.9](/filings/0001928446-26-000051.md) | [6.1](/filings/0001928446-25-000048.md) | [8.5 d](/filings/0001928446-26-000007.md) | [10.3](/filings/0001928446-26-000016.md) | [11.1](/filings/0001928446-26-000051.md) |
| Income tax | $m | [5.2](/filings/0001928446-24-000046.md) | [4.4 d](/filings/0001928446-26-000007.md) | [4.8](/filings/0001928446-25-000030.md) | [1.7](/filings/0001928446-25-000043.md) | [4.3](/filings/0001928446-25-000048.md) | [(4.6) d](/filings/0001928446-26-000007.md) | [2.9](/filings/0001928446-26-000016.md) | [7.8](/filings/0001928446-26-000051.md) | [4.8](/filings/0001928446-25-000048.md) | [(7.7) d](/filings/0001928446-26-000007.md) | [(13.6)](/filings/0001928446-26-000016.md) | [8.9](/filings/0001928446-26-000051.md) |
| Net income | $m | [18.0](/filings/0001928446-24-000046.md) | [17.5 d](/filings/0001928446-26-000007.md) | [16.2](/filings/0001928446-25-000048.md) | [5.1](/filings/0001928446-25-000048.md) | [9.1](/filings/0001928446-25-000048.md) | [(11.6) d](/filings/0001928446-26-000007.md) | [9.8](/filings/0001928446-26-000051.md) | [25.1](/filings/0001928446-26-000051.md) | [14.5](/filings/0001928446-25-000048.md) | [(25.1) d](/filings/0001928446-26-000007.md) | [(47.0)](/filings/0001928446-26-000051.md) | [30.0](/filings/0001928446-26-000051.md) |
| Diluted EPS | $ per share | [0.13](/filings/0001928446-24-000046.md) | not reported | [0.12](/filings/0001928446-25-000030.md) | [0.04](/filings/0001928446-25-000043.md) | [0.07](/filings/0001928446-25-000048.md) | not reported | [0.07](/filings/0001928446-26-000016.md) | [0.19](/filings/0001928446-26-000051.md) | [0.11](/filings/0001928446-25-000048.md) | not reported | [(0.36)](/filings/0001928446-26-000016.md) | [0.23](/filings/0001928446-26-000051.md) |
| Basic EPS | $ per share | [0.13](/filings/0001928446-24-000046.md) | not reported | [0.12](/filings/0001928446-25-000030.md) | [0.04](/filings/0001928446-25-000043.md) | [0.07](/filings/0001928446-25-000048.md) | not reported | [0.07](/filings/0001928446-26-000016.md) | [0.19](/filings/0001928446-26-000051.md) | [0.11](/filings/0001928446-25-000048.md) | not reported | [(0.36)](/filings/0001928446-26-000016.md) | [0.23](/filings/0001928446-26-000051.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [6.1](/filings/0001928446-24-000046.md) | [10.4](/filings/0001928446-26-000007.md) | [20.8](/filings/0001928446-25-000030.md) | [13.5](/filings/0001928446-25-000043.md) | [23.1](/filings/0001928446-24-000046.md) | [9.4](/filings/0001928446-26-000007.md) | [16.1](/filings/0001928446-25-000030.md) | [3.7](/filings/0001928446-25-000043.md) | [11.8](/filings/0001928446-25-000048.md) | [14.8](/filings/0001928446-26-000051.md) | [30.1](/filings/0001928446-26-000016.md) | [44.1](/filings/0001928446-26-000051.md) |
| Current assets | $m | [102](/filings/0001928446-23-000046.md) | [152](/filings/0001928446-25-000010.md) | [169](/filings/0001928446-24-000023.md) | [151](/filings/0001928446-24-000037.md) | [132](/filings/0001928446-24-000046.md) | [135](/filings/0001928446-26-000007.md) | [128](/filings/0001928446-25-000030.md) | [109](/filings/0001928446-25-000043.md) | [109](/filings/0001928446-25-000048.md) | [119](/filings/0001928446-26-000051.md) | [144](/filings/0001928446-26-000016.md) | [155](/filings/0001928446-26-000051.md) |
| Total assets | $m | [921](/filings/0001928446-23-000046.md) | [927](/filings/0001928446-25-000010.md) | [967](/filings/0001928446-24-000023.md) | [990](/filings/0001928446-24-000037.md) | [1,036](/filings/0001928446-24-000046.md) | [1,036](/filings/0001928446-26-000007.md) | [1,087](/filings/0001928446-25-000030.md) | [1,105](/filings/0001928446-25-000043.md) | [1,129](/filings/0001928446-25-000048.md) | [1,168](/filings/0001928446-26-000051.md) | [1,194](/filings/0001928446-26-000016.md) | [1,238](/filings/0001928446-26-000051.md) |
| Current liabilities | $m | [69.8](/filings/0001928446-23-000046.md) | [62.1](/filings/0001928446-25-000010.md) | [66.1](/filings/0001928446-24-000023.md) | [67.3](/filings/0001928446-24-000037.md) | [84.5](/filings/0001928446-24-000046.md) | [102](/filings/0001928446-26-000007.md) | [107](/filings/0001928446-25-000030.md) | [82.5](/filings/0001928446-25-000043.md) | [77.0](/filings/0001928446-25-000048.md) | [95.2](/filings/0001928446-26-000051.md) | [156](/filings/0001928446-26-000016.md) | [151](/filings/0001928446-26-000051.md) |
| Total liabilities | $m | [270](/filings/0001928446-23-000046.md) | [255](/filings/0001928446-25-000010.md) | [293](/filings/0001928446-24-000023.md) | [325](/filings/0001928446-24-000037.md) | [375](/filings/0001928446-24-000046.md) | [401](/filings/0001928446-26-000007.md) | [456](/filings/0001928446-25-000030.md) | [462](/filings/0001928446-25-000043.md) | [485](/filings/0001928446-25-000048.md) | [562](/filings/0001928446-26-000051.md) | [648](/filings/0001928446-26-000016.md) | [675](/filings/0001928446-26-000051.md) |
| Long-term debt | $m | [85.0](/filings/0001928446-23-000046.md) | [110](/filings/0001928446-25-000010.md) | [138](/filings/0001928446-24-000023.md) | [165](/filings/0001928446-24-000037.md) | [195](/filings/0001928446-24-000046.md) | [205](/filings/0001928446-26-000007.md) | [250](/filings/0001928446-25-000030.md) | [275](/filings/0001928446-25-000043.md) | [300](/filings/0001928446-25-000048.md) | [368](/filings/0001928446-26-000051.md) | [400](/filings/0001928446-26-000016.md) | [427](/filings/0001928446-26-000051.md) |
| Current portion of debt | $m | not reported | not reported | not reported | not reported | not reported | [0.0](/filings/0001928446-26-000007.md) | not reported | not reported | not reported | [17.5](/filings/0001928446-26-000051.md) | [26.3](/filings/0001928446-26-000016.md) | [35.0](/filings/0001928446-26-000051.md) |
| Shareholders' equity | $m | [650](/filings/0001928446-24-000046.md) | [672](/filings/0001928446-26-000007.md) | [674](/filings/0001928446-25-000048.md) | [665](/filings/0001928446-25-000048.md) | [661](/filings/0001928446-25-000048.md) | [635](/filings/0001928446-26-000051.md) | [631](/filings/0001928446-26-000051.md) | [642](/filings/0001928446-26-000051.md) | [644](/filings/0001928446-25-000048.md) | [606](/filings/0001928446-26-000051.md) | [546](/filings/0001928446-26-000051.md) | [562](/filings/0001928446-26-000051.md) |

- Cash and equivalents: us-gaap:Cash
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [57.0 d](/filings/0001928446-24-000046.md) | [90.2 d](/filings/0001928446-26-000007.md) | [68.7](/filings/0001928446-25-000030.md) | [64.2 d](/filings/0001928446-25-000043.md) | [74.7 d](/filings/0001928446-25-000048.md) | [68.2 d](/filings/0001928446-26-000007.md) | [76.1](/filings/0001928446-26-000016.md) | [78.0 d](/filings/0001928446-26-000051.md) | [77.8 d](/filings/0001928446-25-000048.md) | [64.5 d](/filings/0001928446-26-000007.md) | [58.3](/filings/0001928446-26-000016.md) | [55.6 d](/filings/0001928446-26-000051.md) |
| Dividends paid | $m | [14.8 d](/filings/0001928446-24-000046.md) | [14.5 d](/filings/0001928446-26-000007.md) | [14.3](/filings/0001928446-25-000030.md) | [14.4 d](/filings/0001928446-25-000043.md) | [14.4 d](/filings/0001928446-25-000048.md) | [14.4 d](/filings/0001928446-26-000007.md) | [14.4](/filings/0001928446-26-000016.md) | [14.4 d](/filings/0001928446-26-000051.md) | [14.4 d](/filings/0001928446-25-000048.md) | [14.4 d](/filings/0001928446-26-000007.md) | [14.5](/filings/0001928446-26-000016.md) | [14.5 d](/filings/0001928446-26-000051.md) |
| Share repurchases | $m | [5.9 d](/filings/0001928446-24-000046.md) | [23.6 d](/filings/0001928446-26-000007.md) | [0.4](/filings/0001928446-25-000030.md) | [0.0 d](/filings/0001928446-25-000043.md) | [0.0 d](/filings/0001928446-25-000048.md) | [0.0 d](/filings/0001928446-26-000007.md) | [0.0](/filings/0001928446-26-000016.md) | [0.0 d](/filings/0001928446-26-000051.md) | [0.0 d](/filings/0001928446-25-000048.md) | [0.0 d](/filings/0001928446-26-000007.md) | [0.0](/filings/0001928446-26-000016.md) | [0.0 d](/filings/0001928446-26-000051.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Dividends paid: us-gaap:PaymentsOfDividends
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [133](/filings/0001928446-23-000046.md) | [133](/filings/0001928446-24-000023.md) | [133](/filings/0001928446-24-000037.md) | [134](/filings/0001928446-24-000046.md) | [130](/filings/0001928446-25-000030.md) | [130](/filings/0001928446-25-000043.md) | [130](/filings/0001928446-25-000048.md) | [130](/filings/0001928446-26-000016.md) | [131](/filings/0001928446-26-000051.md) | [131](/filings/0001928446-25-000048.md) | [131](/filings/0001928446-26-000016.md) | [131](/filings/0001928446-26-000051.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 131,900,242 at 2026-08-03, from the cover of the [10-Q filed 2026-08-06](/filings/0001928446-26-000051.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.