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Side-by-side financial comparison of Granite Ridge Resources, Inc. (GRNT) and Ouster, Inc. (OUST). Click either name above to swap in a different company.
Granite Ridge Resources, Inc. is the larger business by last-quarter revenue ($105.5M vs $62.2M, roughly 1.7× Ouster, Inc.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs -0.8%). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% CAGR vs 8.9%).
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.
Ouster, Inc. is an American lidar technology company headquartered in San Francisco, California. It builds high-resolution, digital 3D lidar sensors for use in autonomous vehicles, industrial, robotics, drones, mapping, defense, and security systems.
GRNT vs OUST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $105.5M | $62.2M |
| Net Profit | — | — |
| Gross Margin | — | 60.2% |
| Operating Margin | -34.5% | 1.5% |
| Net Margin | — | — |
| Revenue YoY | -0.8% | 106.6% |
| Net Profit YoY | — | — |
| EPS (diluted) | $-0.19 | $0.10 |
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.
| Q4 25 | $105.5M | $62.2M | ||
| Q3 25 | $112.7M | $39.5M | ||
| Q2 25 | $109.2M | $35.0M | ||
| Q1 25 | $122.9M | $32.6M | ||
| Q4 24 | $106.3M | $30.1M | ||
| Q3 24 | $94.1M | $28.1M | ||
| Q2 24 | $90.7M | $27.0M | ||
| Q1 24 | $89.0M | $25.9M |
| Q4 25 | — | — | ||
| Q3 25 | $14.5M | $-21.7M | ||
| Q2 25 | $25.1M | $-20.6M | ||
| Q1 25 | $9.8M | $-22.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | $9.1M | $-25.6M | ||
| Q2 24 | $5.1M | $-23.9M | ||
| Q1 24 | $16.2M | $-23.8M |
| Q4 25 | — | 60.2% | ||
| Q3 25 | — | 42.1% | ||
| Q2 25 | — | 45.2% | ||
| Q1 25 | — | 41.3% | ||
| Q4 24 | — | 43.8% | ||
| Q3 24 | — | 38.3% | ||
| Q2 24 | — | 33.7% | ||
| Q1 24 | — | 28.6% |
| Q4 25 | -34.5% | 1.5% | ||
| Q3 25 | 17.4% | -61.4% | ||
| Q2 25 | 19.0% | -76.5% | ||
| Q1 25 | 34.6% | -73.0% | ||
| Q4 24 | -6.5% | -85.1% | ||
| Q3 24 | 26.2% | -98.0% | ||
| Q2 24 | 24.1% | -93.6% | ||
| Q1 24 | 22.0% | -99.5% |
| Q4 25 | — | — | ||
| Q3 25 | 12.9% | -55.0% | ||
| Q2 25 | 23.0% | -58.8% | ||
| Q1 25 | 8.0% | -67.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | 9.6% | -91.1% | ||
| Q2 24 | 5.6% | -88.4% | ||
| Q1 24 | 18.2% | -91.9% |
| Q4 25 | $-0.19 | $0.10 | ||
| Q3 25 | $0.11 | $-0.37 | ||
| Q2 25 | $0.19 | $-0.38 | ||
| Q1 25 | $0.07 | $-0.42 | ||
| Q4 24 | $-0.09 | $-0.46 | ||
| Q3 24 | $0.07 | $-0.54 | ||
| Q2 24 | $0.04 | $-0.53 | ||
| Q1 24 | $0.12 | $-0.55 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $208.6M |
| Total DebtLower is stronger | $367.8M | — |
| Stockholders' EquityBook value | $605.8M | $261.7M |
| Total Assets | $1.2B | $349.5M |
| Debt / EquityLower = less leverage | 0.61× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $208.6M | ||
| Q3 25 | — | $244.5M | ||
| Q2 25 | — | $226.5M | ||
| Q1 25 | — | $168.2M | ||
| Q4 24 | — | $172.0M | ||
| Q3 24 | — | $151.4M | ||
| Q2 24 | — | $184.2M | ||
| Q1 24 | — | $187.8M |
| Q4 25 | $367.8M | — | ||
| Q3 25 | $300.0M | — | ||
| Q2 25 | $275.0M | — | ||
| Q1 25 | $250.0M | — | ||
| Q4 24 | $205.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $137.5M | — |
| Q4 25 | $605.8M | $261.7M | ||
| Q3 25 | $643.9M | $247.4M | ||
| Q2 25 | $642.5M | $221.0M | ||
| Q1 25 | $631.4M | $167.9M | ||
| Q4 24 | $635.4M | $180.9M | ||
| Q3 24 | $660.6M | $171.7M | ||
| Q2 24 | $665.3M | $170.6M | ||
| Q1 24 | $674.0M | $167.2M |
| Q4 25 | $1.2B | $349.5M | ||
| Q3 25 | $1.1B | $353.8M | ||
| Q2 25 | $1.1B | $321.8M | ||
| Q1 25 | $1.1B | $268.6M | ||
| Q4 24 | $1.0B | $276.1M | ||
| Q3 24 | $1.0B | $255.2M | ||
| Q2 24 | $990.5M | $309.9M | ||
| Q1 24 | $966.7M | $317.7M |
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.40× | — | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.20× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $64.5M | $-15.4M |
| Free Cash FlowOCF − Capex | — | $-37.2M |
| FCF MarginFCF / Revenue | — | -59.8% |
| Capex IntensityCapex / Revenue | — | 35.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-64.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.5M | $-15.4M | ||
| Q3 25 | $77.8M | $-18.3M | ||
| Q2 25 | $78.0M | $-1.3M | ||
| Q1 25 | $76.1M | $-4.9M | ||
| Q4 24 | $68.2M | $-2.6M | ||
| Q3 24 | $74.7M | $-3.8M | ||
| Q2 24 | $64.2M | $-21.6M | ||
| Q1 24 | $68.7M | $-5.7M |
| Q4 25 | — | $-37.2M | ||
| Q3 25 | — | $-20.0M | ||
| Q2 25 | — | $-2.2M | ||
| Q1 25 | — | $-5.4M | ||
| Q4 24 | — | $-4.0M | ||
| Q3 24 | — | $-4.3M | ||
| Q2 24 | — | $-22.0M | ||
| Q1 24 | — | $-7.1M |
| Q4 25 | — | -59.8% | ||
| Q3 25 | — | -50.7% | ||
| Q2 25 | — | -6.3% | ||
| Q1 25 | — | -16.6% | ||
| Q4 24 | — | -13.3% | ||
| Q3 24 | — | -15.4% | ||
| Q2 24 | — | -81.5% | ||
| Q1 24 | — | -27.4% |
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 4.3% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 5.3% |
| Q4 25 | — | — | ||
| Q3 25 | 5.36× | — | ||
| Q2 25 | 3.11× | — | ||
| Q1 25 | 7.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.25× | — | ||
| Q2 24 | 12.58× | — | ||
| Q1 24 | 4.23× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GRNT
| Oil And Gas Service | $87.6M | 83% |
| Natural Gas Storage | $17.9M | 17% |
OUST
Segment breakdown not available.
