Income Statement (TTM)
Granite Ridge Resources, Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 12-31 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 81 | 273 | 325 | 418 | 491 | 471 | 468 | 407 | 379 | 369 | 368 | 371 | 359 | 359 | 391 | 409 |
| Change (%) | 236.74 | 18.91 | 28.60 | 17.64 | -4.22 | -0.58 | -12.96 | -6.89 | -2.62 | -0.41 | 0.92 | -3.38 | 0.14 | 8.81 | 4.78 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 21 | 27 | 34 | 35 | 42 | 48 | 54 | 60 | 65 | 63 | 66 | 66 | 62 | 62 | 64 | 70 |
| Change (%) | 29.62 | 23.55 | 4.98 | 18.28 | 15.55 | 11.78 | 10.29 | 8.42 | -2.11 | 4.01 | 0.21 | -5.38 | 0.02 | 1.73 | 9.61 | |
| % of Revenue | 25.97 | 10.00 | 10.39 | 8.48 | 8.53 | 10.29 | 11.57 | 14.65 | 17.06 | 17.15 | 17.92 | 17.79 | 17.42 | 17.40 | 16.27 | 17.02 |
| Gross Operating Profit | 60 | 246 | 291 | 382 | 449 | 422 | 414 | 348 | 314 | 306 | 302 | 305 | 296 | 297 | 327 | 340 |
| Change (%) | 309.40 | 18.39 | 31.33 | 17.58 | -6.06 | -2.00 | -16.00 | -9.52 | -2.73 | -1.33 | 1.08 | -2.94 | 0.17 | 10.30 | 3.84 | |
| % of Revenue | 74.03 | 90.00 | 89.61 | 91.52 | 91.47 | 89.71 | 88.43 | 85.35 | 82.94 | 82.85 | 82.08 | 82.21 | 82.58 | 82.60 | 83.73 | 82.98 |
| SG&A | 10 | 10 | 11 | 12 | 13 | 14 | 20 | 26 | 30 | 28 | 26 | 24 | 24 | 25 | 26 | 28 |
| Change (%) | 0.70 | 11.45 | 5.82 | 7.86 | 9.85 | 40.81 | 28.69 | 15.91 | -6.54 | -7.47 | -5.37 | -3.83 | 4.85 | 3.94 | 7.39 | |
| % of Revenue | 12.46 | 3.73 | 3.49 | 2.87 | 2.64 | 3.02 | 4.28 | 6.33 | 7.88 | 7.56 | 7.03 | 6.59 | 6.56 | 6.87 | 6.56 | 6.72 |
| R&D | ||||||||||||||||
| Change (%) | ||||||||||||||||
| % of Revenue | ||||||||||||||||
| OpEx | 98 | 165 | 202 | 226 | 251 | 194 | 181 | 189 | 217 | 227 | 251 | 258 | 233 | 265 | 286 | 281 |
| Change (%) | 67.70 | 22.93 | 11.67 | 11.12 | -22.82 | -6.45 | 4.52 | 14.80 | 4.19 | 10.61 | 2.95 | -9.53 | 13.47 | 8.02 | -1.71 | |
| % of Revenue | 120.98 | 60.25 | 62.28 | 54.08 | 51.09 | 41.17 | 38.74 | 46.52 | 57.35 | 61.37 | 68.15 | 69.52 | 65.09 | 73.76 | 73.22 | 68.69 |
| Operating Income | -17 | 109 | 122 | 192 | 240 | 277 | 287 | 218 | 162 | 143 | 117 | 113 | 125 | 94 | 105 | 128 |
| Change (%) | -738.17 | 12.82 | 56.55 | 25.31 | 15.21 | 3.52 | -24.01 | -25.76 | -11.78 | -17.91 | -3.41 | 10.65 | -24.72 | 11.04 | 22.52 | |
| % of Revenue | -20.98 | 39.75 | 37.72 | 45.92 | 48.91 | 58.83 | 61.26 | 53.48 | 42.65 | 38.63 | 31.85 | 30.48 | 34.91 | 26.24 | 26.78 | 31.31 |
| Interest Expense | -2 | -2 | -3 | -3 | -3 | -2 | -2 | -2 | -3 | -5 | -8 | -13 | -16 | -18 | -20 | -20 |
| Change (%) | 29.55 | 17.35 | 5.26 | 7.37 | -37.12 | -9.35 | 33.39 | 32.68 | 66.56 | 53.06 | 56.63 | 27.19 | 13.97 | 10.05 | 0.47 | |
| % of Revenue | -2.27 | -0.87 | -0.86 | -0.71 | -0.64 | -0.42 | -0.39 | -0.59 | -0.84 | -1.44 | -2.21 | -3.43 | -4.52 | -5.14 | -5.20 | -4.99 |
| Net Income | -24 | 108 | 125 | 203 | 258 | 262 | 267 | 182 | 120 | 81 | 60 | 57 | 48 | 19 | 12 | 32 |
| Change (%) | -553.23 | 15.61 | 61.60 | 27.08 | 1.88 | 1.69 | -31.69 | -34.04 | -32.52 | -25.45 | -6.02 | -15.67 | -60.85 | -34.20 | 161.87 | |
| % of Revenue | -29.51 | 39.72 | 38.61 | 48.52 | 52.42 | 55.76 | 57.03 | 44.75 | 31.70 | 21.97 | 16.44 | 15.31 | 13.37 | 5.22 | 3.16 | 7.90 |
Source: Capital IQ
