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Side-by-side financial comparison of Granite Ridge Resources, Inc. (GRNT) and Viridian Therapeutics, Inc.\DE (VRDN). 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 $70.6M, roughly 1.5× Viridian Therapeutics, Inc.\DE). On growth, Viridian Therapeutics, Inc.\DE posted the faster year-over-year revenue change (81958.1% vs -0.8%).

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.

Viridian Therapeutics is a clinical-stage biotechnology firm developing novel disease-modifying therapies for rare, serious autoimmune and inflammatory diseases. Its lead pipeline candidate targets thyroid eye disease, a debilitating orbital disorder, with primary market focus on North America and Europe.

GRNT vs VRDN — Head-to-Head

Bigger by revenue
GRNT
GRNT
1.5× larger
GRNT
$105.5M
$70.6M
VRDN
Growing faster (revenue YoY)
VRDN
VRDN
+81958.9% gap
VRDN
81958.1%
-0.8%
GRNT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
GRNT
GRNT
VRDN
VRDN
Revenue
$105.5M
$70.6M
Net Profit
$-34.6M
Gross Margin
Operating Margin
-34.5%
-56.7%
Net Margin
-49.0%
Revenue YoY
-0.8%
81958.1%
Net Profit YoY
54.9%
EPS (diluted)
$-0.19

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
VRDN
VRDN
Q4 25
$105.5M
Q3 25
$112.7M
$70.6M
Q2 25
$109.2M
Q1 25
$122.9M
Q4 24
$106.3M
Q3 24
$94.1M
Q2 24
$90.7M
Q1 24
$89.0M
Net Profit
GRNT
GRNT
VRDN
VRDN
Q4 25
Q3 25
$14.5M
$-34.6M
Q2 25
$25.1M
Q1 25
$9.8M
Q4 24
Q3 24
$9.1M
Q2 24
$5.1M
Q1 24
$16.2M
Operating Margin
GRNT
GRNT
VRDN
VRDN
Q4 25
-34.5%
Q3 25
17.4%
-56.7%
Q2 25
19.0%
Q1 25
34.6%
Q4 24
-6.5%
Q3 24
26.2%
Q2 24
24.1%
Q1 24
22.0%
Net Margin
GRNT
GRNT
VRDN
VRDN
Q4 25
Q3 25
12.9%
-49.0%
Q2 25
23.0%
Q1 25
8.0%
Q4 24
Q3 24
9.6%
Q2 24
5.6%
Q1 24
18.2%
EPS (diluted)
GRNT
GRNT
VRDN
VRDN
Q4 25
$-0.19
Q3 25
$0.11
Q2 25
$0.19
Q1 25
$0.07
Q4 24
$-0.09
Q3 24
$0.07
Q2 24
$0.04
Q1 24
$0.12

Balance Sheet & Financial Strength

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

Metric
GRNT
GRNT
VRDN
VRDN
Cash + ST InvestmentsLiquidity on hand
$490.9M
Total DebtLower is stronger
$367.8M
Stockholders' EquityBook value
$605.8M
$503.0M
Total Assets
$1.2B
$577.1M
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRNT
GRNT
VRDN
VRDN
Q4 25
Q3 25
$490.9M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
GRNT
GRNT
VRDN
VRDN
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
Stockholders' Equity
GRNT
GRNT
VRDN
VRDN
Q4 25
$605.8M
Q3 25
$643.9M
$503.0M
Q2 25
$642.5M
Q1 25
$631.4M
Q4 24
$635.4M
Q3 24
$660.6M
Q2 24
$665.3M
Q1 24
$674.0M
Total Assets
GRNT
GRNT
VRDN
VRDN
Q4 25
$1.2B
Q3 25
$1.1B
$577.1M
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$990.5M
Q1 24
$966.7M
Debt / Equity
GRNT
GRNT
VRDN
VRDN
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
GRNT
GRNT
VRDN
VRDN
Operating Cash FlowLast quarter
$64.5M
$-84.6M
Free Cash FlowOCF − Capex
$-84.7M
FCF MarginFCF / Revenue
-120.1%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRNT
GRNT
VRDN
VRDN
Q4 25
$64.5M
Q3 25
$77.8M
$-84.6M
Q2 25
$78.0M
Q1 25
$76.1M
Q4 24
$68.2M
Q3 24
$74.7M
Q2 24
$64.2M
Q1 24
$68.7M
Free Cash Flow
GRNT
GRNT
VRDN
VRDN
Q4 25
Q3 25
$-84.7M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
GRNT
GRNT
VRDN
VRDN
Q4 25
Q3 25
-120.1%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
GRNT
GRNT
VRDN
VRDN
Q4 25
Q3 25
0.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
GRNT
GRNT
VRDN
VRDN
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
GRNT

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

VRDN
VRDN

Segment breakdown not available.

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