vs

Side-by-side financial comparison of Granite Ridge Resources, Inc. (GRNT) and Perimeter Solutions, Inc. (PRM). 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 $102.8M, roughly 1.0× Perimeter Solutions, Inc.). On growth, Perimeter Solutions, Inc. posted the faster year-over-year revenue change (19.2% vs -0.8%). Over the past eight quarters, Perimeter Solutions, Inc.'s revenue compounded faster (31.9% 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.

Perimeter 81 is an Israeli cloud and network security company that develops secure remote networks, based on the zero trust architecture, for organizations. Its technology replaces legacy security appliances like VPNs and firewalls.

GRNT vs PRM — Head-to-Head

Bigger by revenue
GRNT
GRNT
1.0× larger
GRNT
$105.5M
$102.8M
PRM
Growing faster (revenue YoY)
PRM
PRM
+19.9% gap
PRM
19.2%
-0.8%
GRNT
Faster 2-yr revenue CAGR
PRM
PRM
Annualised
PRM
31.9%
8.9%
GRNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GRNT
GRNT
PRM
PRM
Revenue
$105.5M
$102.8M
Net Profit
$-140.2M
Gross Margin
45.2%
Operating Margin
-34.5%
-160.7%
Net Margin
-136.5%
Revenue YoY
-0.8%
19.2%
Net Profit YoY
-197.3%
EPS (diluted)
$-0.19
$-0.89

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
PRM
PRM
Q4 25
$105.5M
$102.8M
Q3 25
$112.7M
$315.4M
Q2 25
$109.2M
$162.6M
Q1 25
$122.9M
$72.0M
Q4 24
$106.3M
$86.2M
Q3 24
$94.1M
$288.4M
Q2 24
$90.7M
$127.3M
Q1 24
$89.0M
$59.0M
Net Profit
GRNT
GRNT
PRM
PRM
Q4 25
$-140.2M
Q3 25
$14.5M
$-90.7M
Q2 25
$25.1M
$-32.2M
Q1 25
$9.8M
$56.7M
Q4 24
$144.2M
Q3 24
$9.1M
$-89.2M
Q2 24
$5.1M
$21.6M
Q1 24
$16.2M
$-82.6M
Gross Margin
GRNT
GRNT
PRM
PRM
Q4 25
45.2%
Q3 25
63.1%
Q2 25
62.4%
Q1 25
39.1%
Q4 24
48.6%
Q3 24
62.8%
Q2 24
57.6%
Q1 24
35.1%
Operating Margin
GRNT
GRNT
PRM
PRM
Q4 25
-34.5%
-160.7%
Q3 25
17.4%
-27.7%
Q2 25
19.0%
-16.1%
Q1 25
34.6%
Q4 24
-6.5%
71.1%
Q3 24
26.2%
-12.2%
Q2 24
24.1%
35.4%
Q1 24
22.0%
-126.8%
Net Margin
GRNT
GRNT
PRM
PRM
Q4 25
-136.5%
Q3 25
12.9%
-28.7%
Q2 25
23.0%
-19.8%
Q1 25
8.0%
78.7%
Q4 24
167.2%
Q3 24
9.6%
-30.9%
Q2 24
5.6%
17.0%
Q1 24
18.2%
-139.8%
EPS (diluted)
GRNT
GRNT
PRM
PRM
Q4 25
$-0.19
$-0.89
Q3 25
$0.11
$-0.62
Q2 25
$0.19
$-0.22
Q1 25
$0.07
$0.36
Q4 24
$-0.09
$1.00
Q3 24
$0.07
$-0.61
Q2 24
$0.04
$0.14
Q1 24
$0.12
$-0.57

Balance Sheet & Financial Strength

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

Metric
GRNT
GRNT
PRM
PRM
Cash + ST InvestmentsLiquidity on hand
$325.9M
Total DebtLower is stronger
$367.8M
$669.1M
Stockholders' EquityBook value
$605.8M
$1.1B
Total Assets
$1.2B
$2.7B
Debt / EquityLower = less leverage
0.61×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRNT
GRNT
PRM
PRM
Q4 25
$325.9M
Q3 25
$340.6M
Q2 25
$140.7M
Q1 25
$200.1M
Q4 24
$198.5M
Q3 24
$223.1M
Q2 24
$43.2M
Q1 24
$38.7M
Total Debt
GRNT
GRNT
PRM
PRM
Q4 25
$367.8M
$669.1M
Q3 25
$300.0M
$668.8M
Q2 25
$275.0M
$668.4M
Q1 25
$250.0M
$668.1M
Q4 24
$205.0M
$667.8M
Q3 24
$667.4M
Q2 24
$667.1M
Q1 24
$137.5M
$666.8M
Stockholders' Equity
GRNT
GRNT
PRM
PRM
Q4 25
$605.8M
$1.1B
Q3 25
$643.9M
$1.1B
Q2 25
$642.5M
$1.2B
Q1 25
$631.4M
$1.2B
Q4 24
$635.4M
$1.2B
Q3 24
$660.6M
$1.0B
Q2 24
$665.3M
$1.1B
Q1 24
$674.0M
$1.1B
Total Assets
GRNT
GRNT
PRM
PRM
Q4 25
$1.2B
$2.7B
Q3 25
$1.1B
$2.6B
Q2 25
$1.1B
$2.5B
Q1 25
$1.1B
$2.4B
Q4 24
$1.0B
$2.4B
Q3 24
$1.0B
$2.5B
Q2 24
$990.5M
$2.3B
Q1 24
$966.7M
$2.3B
Debt / Equity
GRNT
GRNT
PRM
PRM
Q4 25
0.61×
0.59×
Q3 25
0.47×
0.60×
Q2 25
0.43×
0.57×
Q1 25
0.40×
0.55×
Q4 24
0.32×
0.58×
Q3 24
0.67×
Q2 24
0.62×
Q1 24
0.20×
0.63×

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
PRM
PRM
Operating Cash FlowLast quarter
$64.5M
$18.6M
Free Cash FlowOCF − Capex
$11.6M
FCF MarginFCF / Revenue
11.3%
Capex IntensityCapex / Revenue
6.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$208.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRNT
GRNT
PRM
PRM
Q4 25
$64.5M
$18.6M
Q3 25
$77.8M
$198.7M
Q2 25
$78.0M
$-2.9M
Q1 25
$76.1M
$23.7M
Q4 24
$68.2M
$-6.0M
Q3 24
$74.7M
$183.0M
Q2 24
$64.2M
$8.6M
Q1 24
$68.7M
$2.8M
Free Cash Flow
GRNT
GRNT
PRM
PRM
Q4 25
$11.6M
Q3 25
$193.6M
Q2 25
$-15.6M
Q1 25
$18.9M
Q4 24
$-12.4M
Q3 24
$179.1M
Q2 24
$5.0M
Q1 24
$1.2M
FCF Margin
GRNT
GRNT
PRM
PRM
Q4 25
11.3%
Q3 25
61.4%
Q2 25
-9.6%
Q1 25
26.3%
Q4 24
-14.4%
Q3 24
62.1%
Q2 24
3.9%
Q1 24
2.1%
Capex Intensity
GRNT
GRNT
PRM
PRM
Q4 25
6.8%
Q3 25
1.6%
Q2 25
7.8%
Q1 25
6.7%
Q4 24
7.5%
Q3 24
1.3%
Q2 24
2.9%
Q1 24
2.6%
Cash Conversion
GRNT
GRNT
PRM
PRM
Q4 25
Q3 25
5.36×
Q2 25
3.11×
Q1 25
7.75×
0.42×
Q4 24
-0.04×
Q3 24
8.25×
Q2 24
12.58×
0.40×
Q1 24
4.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GRNT
GRNT

Oil And Gas Service$87.6M83%
Natural Gas Storage$17.9M17%

PRM
PRM

Products$87.7M85%
Service And Other$14.8M14%

Related Comparisons