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GRANITE RIDGE RESOURCES, INC.

CIK: 1928446 SIC: 1311
$451.13M
Revenue
$37.79M
Net Income
-
Gross Margin
16.83%
Op. Margin
$530.34M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 13 of 10 quarterly reports available
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
+ Total Revenue $112.67M $109.22M $122.93M $106.31M $94.08M $90.65M $89.00M $106.80M $108.40M $87.56M $91.31M $116.33M $90.19M
Revenue Growth % (YoY) 19.8% 20.5% 38.1% -0.5% -13.2% 3.5% -2.5% -8.2% 20.2% nan% nan% nan% nan%
Operating Expenses $93.08M $88.48M $80.40M $113.22M $69.39M $68.77M $69.39M $102.07M $75.80M $63.69M $61.92M $89.39M $53.06M
+ Operating Income $19.59M $20.73M $42.53M $-6.92M $24.68M $21.89M $19.60M $4.73M $32.60M $23.87M $29.39M $144.76M $37.13M
Operating Margin % 17.4% 19.0% 34.6% -6.5% 26.2% 24.1% 22.0% 4.4% 30.1% 27.3% 32.2% 124.4% 41.2%
Interest Expense $6.07M $5.91M $5.01M $675.00K $4.82M $5.82M $3.16M $2.41M $1.36M $1.21M $339.00K $796.00K $476.00K
Other Income/Expense - $-93.00K - $269.00K $1.00K $-1.00K $2.00K - $-9.49M $-11.00M $18.26M $20.34M $5.61M
Income Before Tax $19.29M $32.86M $12.69M $-16.26M $13.38M $6.78M $21.06M $21.95M $23.11M $12.87M $47.65M $69.47M -
Income Tax Expense $4.77M $7.78M $2.88M $-4.64M $4.33M $1.68M $4.84M $4.42M $5.15M $4.13M $10.79M $12.85M -
+ Net Income $14.52M $25.08M $9.81M $-11.62M $9.05M $5.10M $16.23M $17.54M $17.96M $8.74M $36.87M $125.30M $42.73M
Net Margin % 12.9% 23.0% 8.0% -10.9% 9.6% 5.6% 18.2% 16.4% 16.6% 10.0% 40.4% 107.7% 47.4%
Basic EPS 0.11 0.19 0.07 -0.09 0.07 0.04 0.12 0.13 0.13 0.07 0.28 0.42 nan
Diluted EPS 0.11 0.19 0.07 -0.09 0.07 0.04 0.12 0.13 0.13 0.07 0.28 0.42 nan
Basic Shares Outstanding 130.5M 130.5M 130.3M 7K 130.2M 130.2M 130.1M -333K 134.4M 132.9M 133.0M - -
Diluted Shares Outstanding 130.5M 130.6M 130.4M 8K 130.2M 130.3M 130.2M -331K 134.4M 132.9M 133.0M 151K -
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Cash & Cash Equivalents $11.83M $3.74M $16.11M $9.42M $23.10M $13.54M $20.78M $10.43M $6.12M $14.49M $10.93M $50.83M $6.41M
Other Current Assets $1.13M $2.30M $4.72M $3.83M $2.59M - - $1.72M - - - - $4.10M
Total Current Assets $108.80M $108.96M $128.36M $135.22M $132.09M $150.60M $168.86M $151.55M $102.46M $104.40M $115.33M $146.32M $95.45M
Property Plant & Equipment - - - - - - - - - - - - $381.86M
Other Non-current Assets $3.52M $3.94M $3.91M $4.29M $4.33M $4.98M $4.79M $4.82M $2.98M $3.14M $3.31M $3.47M -
Total Assets $1.13B $1.10B $1.09B $1.04B $1.04B $990.49M $966.68M $927.10M $920.61M $873.34M $856.08M $794.78M $478.12M
Accounts Payable - - - $26.44M - - - - - - - - -
Accrued Liabilities - - - - - $62.34M $62.03M $60.88M $61.98M $51.51M $69.60M $62.18M $20.59M
Other Current Liabilities $1.12M $1.01M $891.00K $546.00K $1.23M $5.00M $4.08M $1.20M $3.45M $1.24M $2.35M $1.52M -
Total Current Liabilities $76.96M $82.47M $107.23M $101.81M $84.46M $67.34M $66.11M $62.08M $69.83M $52.90M $71.96M $64.13M $24.54M
Long-term Debt $300.00M $275.00M $250.00M $205.00M $195.00M $165.00M $137.50M $110.00M $85.00M $55.00M $25.00M - -
Deferred Tax Liabilities $95.12M $90.22M $82.82M $79.95M $84.72M $80.39M $78.81M $73.99M $108.63M $106.22M $101.52M $91.59M -
Total Liabilities $484.65M $462.50M $456.02M $401.13M $375.30M $325.17M $292.66M $255.46M $270.43M $221.01M $211.03M $172.37M $26.78M
Common Stock $14.00K $14.00K $14.00K $14.00K $14.00K $14.00K $14.00K $14.00K $14.00K $14.00K $13.00K $13.00K -
Retained Earnings $22.21M $22.13M $11.47M $16.05M $42.05M $47.38M $56.66M $54.78M $51.76M $48.61M $54.50M $32.39M -
Total Stockholders Equity $643.89M $642.47M $631.41M $635.35M $660.58M $665.32M $674.02M $671.64M $650.18M $652.33M $645.06M $622.40M -
Total Liabilities & Equity $1.13B $1.10B $1.09B $1.04B $1.04B $990.49M $966.68M $927.10M $920.61M $873.34M $856.08M $794.78M $478.12M
Breakdown Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Net Income $14.52M $25.08M $9.81M $-11.62M $9.05M $5.10M $16.23M $17.54M $17.96M $45.60M $36.87M $125.30M $137.05M
Stock-based Compensation $2.39M $1.05M $653.00K $615.00K $1.68M $583.00K $512.00K $349.00K $1.81M $375.00K $1.06M - -
Deferred Income Tax $15.17M $10.28M $2.87M $-4.78M $10.73M $6.40M $4.82M $7.21M $17.07M $14.66M $9.96M $12.85M -
Change in Receivables $4.98M $6.96M $11.05M $11.14M $-14.43M $-5.68M $-8.10M $-9.70M $10.54M $-16.60M $-6.43M $-2.53M -
Operating Cash Flow $231.91M $154.13M $76.09M $68.20M $207.54M $132.84M $68.66M $90.17M $212.69M $155.66M $81.47M $166.73M $179.66M
Investing Cash Flow $-280.79M $-200.53M $-100.00M $-77.14M $-233.63M $-152.58M $-71.00M $-70.17M $-286.50M $-211.81M $-129.93M $-79.91M $-150.66M
Debt Repayment $40.00M $25.00M - $15.00M - - - $20.00M $32.50M $17.50M - $5.00M -
Stock Issued - - - - - - - - $5.00K - - $6.83M -
Stock Repurchased $16.00K $16.00K $16.00K $24.00K $418.00K - - $23.59M $11.77M $5.86M - $216.00K -
Dividends Paid $43.25M $28.81M $14.39M $14.38M $43.11M $28.73M $14.35M $14.52M $44.07M $29.26M $14.64M $10.66M -
Financing Cash Flow $51.29M $40.72M $30.59M $-4.74M $38.47M $22.85M $12.70M $-15.69M $29.10M $19.81M $8.55M $-46.93M $-29.92M
Net Change in Cash - - $6.69M - - - - - - - - - -
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $112.67M - $344.82M -
Operating Expenses $93.08M - $261.96M -
Operating Income $19.59M - $82.86M -
Interest Expense $6.07M - $17.00M -
Other Income/Expense - - $-93.00K -
Income Before Tax $19.29M - $64.84M -
Income Tax Expense $4.77M - $15.43M -
Net Income $14.52M $5.10M $49.42M -
Basic EPS 0.11 - 0.38 -
Diluted EPS 0.11 - 0.38 -
Basic Shares Outstanding $130.47M - $130.43M -
Diluted Shares Outstanding $130.51M - $130.50M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $11.83M $9.42M
Other Current Assets $1.13M $3.83M
Total Current Assets $108.80M $135.22M
Other Non-current Assets $3.52M $4.29M
Total Assets $1.13B $1.04B
Other Current Liabilities $1.12M $546.00K
Total Current Liabilities $76.96M $101.81M
Long-term Debt $300.00M $205.00M
Deferred Tax Liabilities $95.12M $79.95M
Total Liabilities $484.65M $401.13M
Common Stock $14.00K $14.00K
Retained Earnings $22.21M $16.05M
Total Stockholders Equity $643.89M $635.35M
Total Liabilities & Equity $1.13B $1.04B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $14.52M $5.10M $49.42M -
Stock-based Compensation - - $2.39M -
Deferred Income Tax - - $15.17M -
Change in Receivables - - $4.98M -
Operating Cash Flow - - $231.91M -
Investing Cash Flow - - $-280.79M -
Debt Repayment - - $40.00M -
Stock Repurchased - - $16.00K -
Dividends Paid - - $43.25M -
Financing Cash Flow - - $51.29M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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