Granite Ridge Resources, Inc. Income Statement
GRNT|4 years of annual SEC 10-K data (FY2022-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 4 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$450M
FY2025
Gross Profit
N/A
FY2025
Operating Income
$46M
FY2025
Net Income
$24M
FY2025
Granite Ridge Resources, Inc. reported $450M in revenue and $24M in net income for FY2025. Revenue has declined at a 3.3% compound annual rate over the past 3 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.96 (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $450.3M | $380.0M | $394.1M | $497.4M |
| SG&A Expense | $31.0M | $24.6M | $27.9M | $14.2M |
| Operating Income | $46.4M | $59.3M | $90.6M | $302.1M |
| Interest Expense | - | - | $5.3M | $2.0M |
| Income Tax | $7.8M | $6.2M | $24.5M | $12.8M |
| Net Income | $24.4M | $18.8M | $81.1M | $262.3M |
| EPS (Basic) | $0.61 | $1.97 | $0.82 | -$0.18 |
| EPS (Diluted) | $0.61 | $1.97 | $0.82 | -$0.18 |
| Shares Outstanding | 133.1M | 133.1M | 132.9M | 132.9M |
| Operating Margin | 10.3% | 15.6% | 23.0% | 60.7% |
| Profit Margin | 5.4% | 4.9% | 20.6% | 52.7% |