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

Orion Group Holdings Inc is the larger business by last-quarter revenue ($216.3M vs $128.3M, roughly 1.7× Granite Ridge Resources, Inc.). Orion Group Holdings Inc runs the higher net margin — 2.2% vs -36.7%, a 38.8% gap on every dollar of revenue. On growth, Orion Group Holdings Inc posted the faster year-over-year revenue change (14.6% vs 4.3%). Over the past eight quarters, Granite Ridge Resources, Inc.'s revenue compounded faster (18.9% CAGR vs 6.1%).

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.

Orion Corporation, founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland.

GRNT vs ORN — Head-to-Head

Bigger by revenue
ORN
ORN
1.7× larger
ORN
$216.3M
$128.3M
GRNT
Growing faster (revenue YoY)
ORN
ORN
+10.3% gap
ORN
14.6%
4.3%
GRNT
Higher net margin
ORN
ORN
38.8% more per $
ORN
2.2%
-36.7%
GRNT
Faster 2-yr revenue CAGR
GRNT
GRNT
Annualised
GRNT
18.9%
6.1%
ORN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GRNT
GRNT
ORN
ORN
Revenue
$128.3M
$216.3M
Net Profit
$-47.0M
$4.7M
Gross Margin
12.0%
Operating Margin
Net Margin
-36.7%
2.2%
Revenue YoY
4.3%
14.6%
Net Profit YoY
435.7%
EPS (diluted)
$-0.36
$0.12

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
ORN
ORN
Q1 26
$128.3M
$216.3M
Q4 25
$105.5M
$233.2M
Q3 25
$112.7M
$225.1M
Q2 25
$109.2M
$205.3M
Q1 25
$122.9M
$188.7M
Q4 24
$106.3M
$216.9M
Q3 24
$94.1M
$226.7M
Q2 24
$90.7M
$192.2M
Net Profit
GRNT
GRNT
ORN
ORN
Q1 26
$-47.0M
$4.7M
Q4 25
$-240.0K
Q3 25
$14.5M
$3.3M
Q2 25
$25.1M
$841.0K
Q1 25
$9.8M
$-1.4M
Q4 24
$6.8M
Q3 24
$9.1M
$4.3M
Q2 24
$5.1M
$-6.6M
Gross Margin
GRNT
GRNT
ORN
ORN
Q1 26
12.0%
Q4 25
11.6%
Q3 25
13.2%
Q2 25
12.6%
Q1 25
12.2%
Q4 24
14.0%
Q3 24
11.9%
Q2 24
9.5%
Operating Margin
GRNT
GRNT
ORN
ORN
Q1 26
Q4 25
-34.5%
2.2%
Q3 25
17.4%
2.4%
Q2 25
19.0%
1.7%
Q1 25
34.6%
0.4%
Q4 24
-6.5%
4.4%
Q3 24
26.2%
3.4%
Q2 24
24.1%
-1.4%
Net Margin
GRNT
GRNT
ORN
ORN
Q1 26
-36.7%
2.2%
Q4 25
-0.1%
Q3 25
12.9%
1.5%
Q2 25
23.0%
0.4%
Q1 25
8.0%
-0.7%
Q4 24
3.1%
Q3 24
9.6%
1.9%
Q2 24
5.6%
-3.4%
EPS (diluted)
GRNT
GRNT
ORN
ORN
Q1 26
$-0.36
$0.12
Q4 25
$-0.19
$-0.00
Q3 25
$0.11
$0.08
Q2 25
$0.19
$0.02
Q1 25
$0.07
$-0.04
Q4 24
$-0.09
$0.22
Q3 24
$0.07
$0.12
Q2 24
$0.04
$-0.20

Balance Sheet & Financial Strength

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

Metric
GRNT
GRNT
ORN
ORN
Cash + ST InvestmentsLiquidity on hand
$6.3M
Total DebtLower is stronger
$26.3M
Stockholders' EquityBook value
$545.6M
$166.7M
Total Assets
$1.2B
$478.7M
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRNT
GRNT
ORN
ORN
Q1 26
$6.3M
Q4 25
$1.6M
Q3 25
$4.9M
Q2 25
$1.7M
Q1 25
$13.0M
Q4 24
$28.3M
Q3 24
$28.3M
Q2 24
$4.8M
Total Debt
GRNT
GRNT
ORN
ORN
Q1 26
$26.3M
Q4 25
$367.8M
Q3 25
$300.0M
Q2 25
$275.0M
$33.4M
Q1 25
$250.0M
$23.3M
Q4 24
$205.0M
$23.2M
Q3 24
$28.0M
Q2 24
$60.3M
Stockholders' Equity
GRNT
GRNT
ORN
ORN
Q1 26
$545.6M
$166.7M
Q4 25
$605.8M
$159.0M
Q3 25
$643.9M
$157.9M
Q2 25
$642.5M
$153.2M
Q1 25
$631.4M
$150.8M
Q4 24
$635.4M
$150.7M
Q3 24
$660.6M
$142.4M
Q2 24
$665.3M
$111.1M
Total Assets
GRNT
GRNT
ORN
ORN
Q1 26
$1.2B
$478.7M
Q4 25
$1.2B
$414.7M
Q3 25
$1.1B
$422.4M
Q2 25
$1.1B
$432.7M
Q1 25
$1.1B
$416.3M
Q4 24
$1.0B
$417.3M
Q3 24
$1.0B
$430.3M
Q2 24
$990.5M
$414.0M
Debt / Equity
GRNT
GRNT
ORN
ORN
Q1 26
0.05×
Q4 25
0.61×
Q3 25
0.47×
Q2 25
0.43×
0.22×
Q1 25
0.40×
0.15×
Q4 24
0.32×
0.15×
Q3 24
0.20×
Q2 24
0.54×

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
ORN
ORN
Operating Cash FlowLast quarter
$58.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
47.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRNT
GRNT
ORN
ORN
Q1 26
$58.3M
Q4 25
$64.5M
$13.8M
Q3 25
$77.8M
$23.3M
Q2 25
$78.0M
$-5.6M
Q1 25
$76.1M
$-3.4M
Q4 24
$68.2M
$13.4M
Q3 24
$74.7M
$37.5M
Q2 24
$64.2M
$-15.3M
Free Cash Flow
GRNT
GRNT
ORN
ORN
Q1 26
Q4 25
$454.0K
Q3 25
$13.9M
Q2 25
$-12.7M
Q1 25
$-12.5M
Q4 24
$9.9M
Q3 24
$33.3M
Q2 24
$-20.0M
FCF Margin
GRNT
GRNT
ORN
ORN
Q1 26
Q4 25
0.2%
Q3 25
6.2%
Q2 25
-6.2%
Q1 25
-6.6%
Q4 24
4.6%
Q3 24
14.7%
Q2 24
-10.4%
Capex Intensity
GRNT
GRNT
ORN
ORN
Q1 26
47.1%
Q4 25
5.7%
Q3 25
4.2%
Q2 25
3.5%
Q1 25
4.8%
Q4 24
1.6%
Q3 24
1.8%
Q2 24
2.4%
Cash Conversion
GRNT
GRNT
ORN
ORN
Q1 26
Q4 25
Q3 25
5.36×
7.05×
Q2 25
3.11×
-6.61×
Q1 25
7.75×
Q4 24
1.98×
Q3 24
8.25×
8.79×
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%

ORN
ORN

Segment breakdown not available.

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