Granite Ridge Resources Operating Expenses Growth & History (GRNT)
Granite Ridge Resources's operating expenses was $403.9M for fiscal 2025.
View full Granite Ridge Resources company overviewGranite Ridge Resources annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $403.9M | $83.1M | +25.91% |
| 2024 | 2024-12-31 | $320.8M | $17.3M | +5.70% |
| 2023 | 2023-12-31 | $303.5M | $108.2M | +55.42% |
| 2022 | 2022-12-31 | $195.3M | $48.3M | +32.87% |
| 2021 | 2021-12-31 | $147.0M | $24.8M | +20.27% |
| 2020 | 2020-12-31 | $122.2M | — | — |
Granite Ridge Resources quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $110.3M | $21.8M | +24.61% |
| Q1 2026 | 2026-03-31 | $113.4M | $33.0M | +41.07% |
| Q4 2025 | 2025-12-31 | $141.9M | $28.7M | +25.35% |
| Q3 2025 | 2025-09-30 | $93.1M | $23.7M | +34.14% |
| Q2 2025 | 2025-06-30 | $88.5M | $19.7M | +28.68% |
| Q1 2025 | 2025-03-31 | $80.4M | $11.0M | +15.86% |
| Q4 2024 | 2024-12-31 | $113.2M | $11.2M | +10.92% |
| Q3 2024 | 2024-09-30 | $69.4M | −$6.4M | −8.45% |
| Q2 2024 | 2024-06-30 | $68.8M | $5.1M | +7.97% |
| Q1 2024 | 2024-03-31 | $69.4M | $7.5M | +12.07% |
| Q4 2023 | 2023-12-31 | $102.1M | $49.7M | +94.80% |
| Q3 2023 | 2023-09-30 | $75.8M | $16.3M | +27.45% |
| Q2 2023 | 2023-06-30 | $63.7M | $12.8M | +25.10% |
| Q1 2023 | 2023-03-31 | $61.9M | $29.4M | +90.61% |
| Q4 2022 | 2022-12-31 | $52.4M | — | — |
| Q3 2022 | 2022-09-30 | $59.5M | $35.8M | +151.11% |
| Q2 2022 | 2022-06-30 | $50.9M | — | — |
| Q1 2022 | 2022-03-31 | $32.5M | — | — |
| Q3 2021 | 2021-09-30 | $23.7M | — | — |
Granite Ridge Resources operating expenses trends
Over the last five fiscal years, Granite Ridge Resources's operating expenses increased from $122.2M to $403.9M, a change of $281.7M. The latest reported quarter, Q2 2026, shows $110.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Granite Ridge Resources source filings ↗