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Granite Ridge Resources (GRNT) operating margin by quarter

Granite Ridge Resources' operating margin was 26.1% in Q2 2026 (second quarter 2026), +8.8 pts from Q3 2025. Over the last 4 quarters it ranged from 17.4% (Q3 2025) to 34.6% (Q1 2025).

Granite Ridge Resources operating margin by quarterGranite Ridge Resources operating margin by quarter34.6%Q1 202519.0%Q2 202517.4%Q3 202526.1%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 202626.1%+8.8 pts+7.2 pts
Q3 202517.4%-1.6 pts—
Q2 202519.0%-15.6 pts—
Q1 202534.6%——

Q2 2026 at a glance

Granite Ridge Resources, Q2 2026: revenue $149M (+37% year over year), operating margin 26.1%, net earnings $30.0M, operating cash flow $55.6M. The chart follows the revenue to costs, profit and cash.

Questions

What is Granite Ridge Resources' operating margin?

Granite Ridge Resources' operating margin was 26.1% in Q2 2026 (second quarter 2026), +8.8 pts from Q3 2025.

How has Granite Ridge Resources' operating margin changed?

Over the last 4 quarters it ranged from 17.4% (Q3 2025) to 34.6% (Q1 2025).

Q2 2026 results → · How Granite Ridge Resources makes money →