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

REPLIGEN CORP is the larger business by last-quarter revenue ($197.9M vs $105.5M, roughly 1.9× Granite Ridge Resources, Inc.). On growth, REPLIGEN CORP posted the faster year-over-year revenue change (13.6% vs -0.8%). Over the past eight quarters, REPLIGEN CORP's revenue compounded faster (14.4% 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.

Repligen Corporation is a global life sciences company devoted to the development and commercialization of innovative bioprocessing technologies and systems that enable efficiencies in the process of manufacturing biological drugs.2025 The company is based in Waltham, Massachusetts,2014 and was incorporated in Delaware in 1981. A public company, Repligen is listed on the NASDAQ exchange under the symbol RGEN. As of 2025, Repligen employs over 1,900 employees globally and serves primarily biop...

GRNT vs RGEN — Head-to-Head

Bigger by revenue
RGEN
RGEN
1.9× larger
RGEN
$197.9M
$105.5M
GRNT
Growing faster (revenue YoY)
RGEN
RGEN
+14.4% gap
RGEN
13.6%
-0.8%
GRNT
Faster 2-yr revenue CAGR
RGEN
RGEN
Annualised
RGEN
14.4%
8.9%
GRNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GRNT
GRNT
RGEN
RGEN
Revenue
$105.5M
$197.9M
Net Profit
$13.3M
Gross Margin
52.5%
Operating Margin
-34.5%
9.0%
Net Margin
6.7%
Revenue YoY
-0.8%
13.6%
Net Profit YoY
143.9%
EPS (diluted)
$-0.19
$0.24

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
RGEN
RGEN
Q4 25
$105.5M
$197.9M
Q3 25
$112.7M
$188.8M
Q2 25
$109.2M
$182.4M
Q1 25
$122.9M
$169.2M
Q4 24
$106.3M
$174.1M
Q3 24
$94.1M
$154.9M
Q2 24
$90.7M
$154.1M
Q1 24
$89.0M
$151.3M
Net Profit
GRNT
GRNT
RGEN
RGEN
Q4 25
$13.3M
Q3 25
$14.5M
$14.9M
Q2 25
$25.1M
$14.9M
Q1 25
$9.8M
$5.8M
Q4 24
$-30.3M
Q3 24
$9.1M
$-654.0K
Q2 24
$5.1M
$3.3M
Q1 24
$16.2M
$2.1M
Gross Margin
GRNT
GRNT
RGEN
RGEN
Q4 25
52.5%
Q3 25
53.2%
Q2 25
50.0%
Q1 25
53.6%
Q4 24
26.1%
Q3 24
50.0%
Q2 24
49.8%
Q1 24
49.5%
Operating Margin
GRNT
GRNT
RGEN
RGEN
Q4 25
-34.5%
9.0%
Q3 25
17.4%
8.9%
Q2 25
19.0%
7.6%
Q1 25
34.6%
3.9%
Q4 24
-6.5%
-17.7%
Q3 24
26.2%
-5.1%
Q2 24
24.1%
1.0%
Q1 24
22.0%
1.3%
Net Margin
GRNT
GRNT
RGEN
RGEN
Q4 25
6.7%
Q3 25
12.9%
7.9%
Q2 25
23.0%
8.2%
Q1 25
8.0%
3.4%
Q4 24
-17.4%
Q3 24
9.6%
-0.4%
Q2 24
5.6%
2.2%
Q1 24
18.2%
1.4%
EPS (diluted)
GRNT
GRNT
RGEN
RGEN
Q4 25
$-0.19
$0.24
Q3 25
$0.11
$0.26
Q2 25
$0.19
$0.26
Q1 25
$0.07
$0.10
Q4 24
$-0.09
$-0.55
Q3 24
$0.07
$-0.01
Q2 24
$0.04
$0.06
Q1 24
$0.12
$0.04

Balance Sheet & Financial Strength

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

Metric
GRNT
GRNT
RGEN
RGEN
Cash + ST InvestmentsLiquidity on hand
$767.6M
Total DebtLower is stronger
$367.8M
$542.2M
Stockholders' EquityBook value
$605.8M
$2.1B
Total Assets
$1.2B
$2.9B
Debt / EquityLower = less leverage
0.61×
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRNT
GRNT
RGEN
RGEN
Q4 25
$767.6M
Q3 25
$748.7M
Q2 25
$708.9M
Q1 25
$697.2M
Q4 24
$757.4M
Q3 24
$784.0M
Q2 24
$809.1M
Q1 24
$780.6M
Total Debt
GRNT
GRNT
RGEN
RGEN
Q4 25
$367.8M
$542.2M
Q3 25
$300.0M
$537.9M
Q2 25
$275.0M
Q1 25
$250.0M
Q4 24
$205.0M
$525.6M
Q3 24
Q2 24
Q1 24
$137.5M
Stockholders' Equity
GRNT
GRNT
RGEN
RGEN
Q4 25
$605.8M
$2.1B
Q3 25
$643.9M
$2.1B
Q2 25
$642.5M
$2.1B
Q1 25
$631.4M
$2.0B
Q4 24
$635.4M
$2.0B
Q3 24
$660.6M
$2.0B
Q2 24
$665.3M
$2.0B
Q1 24
$674.0M
$2.0B
Total Assets
GRNT
GRNT
RGEN
RGEN
Q4 25
$1.2B
$2.9B
Q3 25
$1.1B
$2.9B
Q2 25
$1.1B
$2.9B
Q1 25
$1.1B
$2.9B
Q4 24
$1.0B
$2.8B
Q3 24
$1.0B
$2.8B
Q2 24
$990.5M
$2.9B
Q1 24
$966.7M
$2.8B
Debt / Equity
GRNT
GRNT
RGEN
RGEN
Q4 25
0.61×
0.26×
Q3 25
0.47×
0.26×
Q2 25
0.43×
Q1 25
0.40×
Q4 24
0.32×
0.27×
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
GRNT
GRNT
RGEN
RGEN
Operating Cash FlowLast quarter
$64.5M
$25.7M
Free Cash FlowOCF − Capex
$17.6M
FCF MarginFCF / Revenue
8.9%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
1.93×
TTM Free Cash FlowTrailing 4 quarters
$93.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRNT
GRNT
RGEN
RGEN
Q4 25
$64.5M
$25.7M
Q3 25
$77.8M
$48.1M
Q2 25
$78.0M
$28.6M
Q1 25
$76.1M
$15.0M
Q4 24
$68.2M
$39.2M
Q3 24
$74.7M
$49.3M
Q2 24
$64.2M
$42.2M
Q1 24
$68.7M
$44.7M
Free Cash Flow
GRNT
GRNT
RGEN
RGEN
Q4 25
$17.6M
Q3 25
$43.4M
Q2 25
$21.5M
Q1 25
$11.4M
Q4 24
$33.6M
Q3 24
$42.3M
Q2 24
$37.4M
Q1 24
$36.4M
FCF Margin
GRNT
GRNT
RGEN
RGEN
Q4 25
8.9%
Q3 25
23.0%
Q2 25
11.8%
Q1 25
6.8%
Q4 24
19.3%
Q3 24
27.3%
Q2 24
24.3%
Q1 24
24.0%
Capex Intensity
GRNT
GRNT
RGEN
RGEN
Q4 25
4.1%
Q3 25
2.5%
Q2 25
3.9%
Q1 25
2.1%
Q4 24
3.2%
Q3 24
4.5%
Q2 24
3.1%
Q1 24
5.5%
Cash Conversion
GRNT
GRNT
RGEN
RGEN
Q4 25
1.93×
Q3 25
5.36×
3.23×
Q2 25
3.11×
1.92×
Q1 25
7.75×
2.57×
Q4 24
Q3 24
8.25×
Q2 24
12.58×
12.70×
Q1 24
4.23×
21.35×

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%

RGEN
RGEN

Segment breakdown not available.

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