GRNT Q1 2025 Earnings — Granite Ridge Resources, Inc Revenue & Financial Results | Market Cap Arena

GRNTGranite Ridge Resources, Inc

$677M

Q1 2025 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$123M+38.1% YoY

Gross Profit

$50M40.6% margin

Operating Income

$43M34.6% margin

Net Income

$10M8.0% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

+15.6%

Cash Flow

Operating Cash Flow

$76M

Free Cash Flow

-$25M

Stock-Based Comp.

$653,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$456M

Stockholders' Equity

$631M

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$123M	$89M	+38.1%
Gross Profit	$50M	$27M	+85.9%
Operating Income	$43M	$20M	+117.0%
Net Income	$10M	$16M	-39.5%

Revenue Segments

Oil and Gas Service

$92M75%

Natural Gas, Storage

$31M25%

Geographic Segments

Permian

$82M100%