vs

Side-by-side financial comparison of Granite Ridge Resources, Inc. (GRNT) and Netskope Inc (NTSK). Click either name above to swap in a different company.

Netskope Inc is the larger business by last-quarter revenue ($184.2M vs $128.3M, roughly 1.4× Granite Ridge Resources, Inc.). Granite Ridge Resources, Inc. runs the higher net margin — -36.7% vs -246.0%, a 209.3% gap on every dollar of revenue.

Granite Ridge Resources, Inc. is an independent upstream energy company focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It operates low-cost, high-yield onshore hydrocarbon assets across key U.S. basins, primarily serving North American energy markets.

Netskope Inc is a leading global cybersecurity firm offering SASE solutions, cloud security platforms and zero trust tools. It serves enterprise clients across North America, Europe and Asia Pacific, helping secure remote workforces, cloud apps and digital assets against evolving cyber threats.

GRNT vs NTSK — Head-to-Head

Bigger by revenue
NTSK
NTSK
1.4× larger
NTSK
$184.2M
$128.3M
GRNT
Higher net margin
GRNT
GRNT
209.3% more per $
GRNT
-36.7%
-246.0%
NTSK

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
GRNT
GRNT
NTSK
NTSK
Revenue
$128.3M
$184.2M
Net Profit
$-47.0M
$-453.1M
Gross Margin
57.9%
Operating Margin
-242.7%
Net Margin
-36.7%
-246.0%
Revenue YoY
4.3%
Net Profit YoY
-401.7%
EPS (diluted)
$-0.36
$-1.85

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRNT
GRNT
NTSK
NTSK
Q1 26
$128.3M
Q4 25
$105.5M
$184.2M
Q3 25
$112.7M
Q2 25
$109.2M
Q1 25
$122.9M
Q4 24
$106.3M
Q3 24
$94.1M
Q2 24
$90.7M
Net Profit
GRNT
GRNT
NTSK
NTSK
Q1 26
$-47.0M
Q4 25
$-453.1M
Q3 25
$14.5M
Q2 25
$25.1M
Q1 25
$9.8M
Q4 24
Q3 24
$9.1M
Q2 24
$5.1M
Gross Margin
GRNT
GRNT
NTSK
NTSK
Q1 26
Q4 25
57.9%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
GRNT
GRNT
NTSK
NTSK
Q1 26
Q4 25
-34.5%
-242.7%
Q3 25
17.4%
Q2 25
19.0%
Q1 25
34.6%
Q4 24
-6.5%
Q3 24
26.2%
Q2 24
24.1%
Net Margin
GRNT
GRNT
NTSK
NTSK
Q1 26
-36.7%
Q4 25
-246.0%
Q3 25
12.9%
Q2 25
23.0%
Q1 25
8.0%
Q4 24
Q3 24
9.6%
Q2 24
5.6%
EPS (diluted)
GRNT
GRNT
NTSK
NTSK
Q1 26
$-0.36
Q4 25
$-0.19
$-1.85
Q3 25
$0.11
Q2 25
$0.19
Q1 25
$0.07
Q4 24
$-0.09
Q3 24
$0.07
Q2 24
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRNT
GRNT
NTSK
NTSK
Cash + ST InvestmentsLiquidity on hand
$1.2B
Total DebtLower is stronger
$26.3M
Stockholders' EquityBook value
$545.6M
$151.0M
Total Assets
$1.2B
$1.7B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRNT
GRNT
NTSK
NTSK
Q1 26
Q4 25
$1.2B
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
GRNT
GRNT
NTSK
NTSK
Q1 26
$26.3M
Q4 25
$367.8M
Q3 25
$300.0M
Q2 25
$275.0M
Q1 25
$250.0M
Q4 24
$205.0M
Q3 24
Q2 24
Stockholders' Equity
GRNT
GRNT
NTSK
NTSK
Q1 26
$545.6M
Q4 25
$605.8M
$151.0M
Q3 25
$643.9M
Q2 25
$642.5M
Q1 25
$631.4M
Q4 24
$635.4M
Q3 24
$660.6M
Q2 24
$665.3M
Total Assets
GRNT
GRNT
NTSK
NTSK
Q1 26
$1.2B
Q4 25
$1.2B
$1.7B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$990.5M
Debt / Equity
GRNT
GRNT
NTSK
NTSK
Q1 26
0.05×
Q4 25
0.61×
Q3 25
0.47×
Q2 25
0.43×
Q1 25
0.40×
Q4 24
0.32×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRNT
GRNT
NTSK
NTSK
Operating Cash FlowLast quarter
$58.3M
$19.9M
Free Cash FlowOCF − Capex
$10.4M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
47.1%
5.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRNT
GRNT
NTSK
NTSK
Q1 26
$58.3M
Q4 25
$64.5M
$19.9M
Q3 25
$77.8M
Q2 25
$78.0M
Q1 25
$76.1M
Q4 24
$68.2M
Q3 24
$74.7M
Q2 24
$64.2M
Free Cash Flow
GRNT
GRNT
NTSK
NTSK
Q1 26
Q4 25
$10.4M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
GRNT
GRNT
NTSK
NTSK
Q1 26
Q4 25
5.6%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
GRNT
GRNT
NTSK
NTSK
Q1 26
47.1%
Q4 25
5.2%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
GRNT
GRNT
NTSK
NTSK
Q1 26
Q4 25
Q3 25
5.36×
Q2 25
3.11×
Q1 25
7.75×
Q4 24
Q3 24
8.25×
Q2 24
12.58×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GRNT
GRNT

Oil sales$103.4M81%
Natural gas and related product sales$24.8M19%

NTSK
NTSK

Indirect Channels$175.2M95%
Direct End Customers$8.9M5%

Related Comparisons