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

WAFD INC is the larger business by last-quarter revenue ($191.4M vs $128.3M, roughly 1.5× Granite Ridge Resources, Inc.). WAFD INC runs the higher net margin — 33.5% vs -36.7%, a 70.2% gap on every dollar of revenue. On growth, WAFD INC posted the faster year-over-year revenue change (11.8% vs 4.3%). Over the past eight quarters, Granite Ridge Resources, Inc.'s revenue compounded faster (18.9% CAGR vs 5.5%).

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.

Washington Federal Bank is a bank based in Seattle, Washington. It operates 210 branches in Washington, Oregon, Idaho, Nevada, Utah, Arizona, New Mexico, California, and Texas. It is on the list of largest banks in the United States.

GRNT vs WAFD — Head-to-Head

Bigger by revenue
WAFD
WAFD
1.5× larger
WAFD
$191.4M
$128.3M
GRNT
Growing faster (revenue YoY)
WAFD
WAFD
+7.5% gap
WAFD
11.8%
4.3%
GRNT
Higher net margin
WAFD
WAFD
70.2% more per $
WAFD
33.5%
-36.7%
GRNT
Faster 2-yr revenue CAGR
GRNT
GRNT
Annualised
GRNT
18.9%
5.5%
WAFD

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GRNT
GRNT
WAFD
WAFD
Revenue
$128.3M
$191.4M
Net Profit
$-47.0M
$64.2M
Gross Margin
Operating Margin
43.0%
Net Margin
-36.7%
33.5%
Revenue YoY
4.3%
11.8%
Net Profit YoY
35.8%
EPS (diluted)
$-0.36
$0.79

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
WAFD
WAFD
Q1 26
$128.3M
Q4 25
$105.5M
$191.4M
Q3 25
$112.7M
$188.3M
Q2 25
$109.2M
$186.3M
Q1 25
$122.9M
$179.8M
Q4 24
$106.3M
$171.1M
Q3 24
$94.1M
$188.7M
Q2 24
$90.7M
$194.4M
Net Profit
GRNT
GRNT
WAFD
WAFD
Q1 26
$-47.0M
Q4 25
$64.2M
Q3 25
$14.5M
$60.6M
Q2 25
$25.1M
$62.0M
Q1 25
$9.8M
$56.3M
Q4 24
$47.3M
Q3 24
$9.1M
$61.1M
Q2 24
$5.1M
$64.6M
Operating Margin
GRNT
GRNT
WAFD
WAFD
Q1 26
Q4 25
-34.5%
43.0%
Q3 25
17.4%
41.2%
Q2 25
19.0%
42.8%
Q1 25
34.6%
40.1%
Q4 24
-6.5%
35.2%
Q3 24
26.2%
42.8%
Q2 24
24.1%
42.6%
Net Margin
GRNT
GRNT
WAFD
WAFD
Q1 26
-36.7%
Q4 25
33.5%
Q3 25
12.9%
32.2%
Q2 25
23.0%
33.3%
Q1 25
8.0%
31.3%
Q4 24
27.6%
Q3 24
9.6%
32.4%
Q2 24
5.6%
33.2%
EPS (diluted)
GRNT
GRNT
WAFD
WAFD
Q1 26
$-0.36
Q4 25
$-0.19
$0.79
Q3 25
$0.11
$0.71
Q2 25
$0.19
$0.73
Q1 25
$0.07
$0.65
Q4 24
$-0.09
$0.54
Q3 24
$0.07
$0.73
Q2 24
$0.04
$0.75

Balance Sheet & Financial Strength

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

Metric
GRNT
GRNT
WAFD
WAFD
Cash + ST InvestmentsLiquidity on hand
$734.9M
Total DebtLower is stronger
$26.3M
Stockholders' EquityBook value
$545.6M
$3.0B
Total Assets
$1.2B
$27.3B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRNT
GRNT
WAFD
WAFD
Q1 26
Q4 25
$734.9M
Q3 25
$657.3M
Q2 25
$809.3M
Q1 25
$1.2B
Q4 24
$1.5B
Q3 24
$2.4B
Q2 24
$2.5B
Total Debt
GRNT
GRNT
WAFD
WAFD
Q1 26
$26.3M
Q4 25
$367.8M
Q3 25
$300.0M
Q2 25
$275.0M
Q1 25
$250.0M
Q4 24
$205.0M
Q3 24
Q2 24
Stockholders' Equity
GRNT
GRNT
WAFD
WAFD
Q1 26
$545.6M
Q4 25
$605.8M
$3.0B
Q3 25
$643.9M
$3.0B
Q2 25
$642.5M
$3.0B
Q1 25
$631.4M
$3.0B
Q4 24
$635.4M
$3.0B
Q3 24
$660.6M
$3.0B
Q2 24
$665.3M
$3.0B
Total Assets
GRNT
GRNT
WAFD
WAFD
Q1 26
$1.2B
Q4 25
$1.2B
$27.3B
Q3 25
$1.1B
$26.7B
Q2 25
$1.1B
$26.7B
Q1 25
$1.1B
$27.6B
Q4 24
$1.0B
$27.7B
Q3 24
$1.0B
$28.1B
Q2 24
$990.5M
$28.6B
Debt / Equity
GRNT
GRNT
WAFD
WAFD
Q1 26
0.05×
Q4 25
0.61×
Q3 25
0.47×
Q2 25
0.43×
Q1 25
0.40×
Q4 24
0.32×
Q3 24
Q2 24

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
WAFD
WAFD
Operating Cash FlowLast quarter
$58.3M
$60.5M
Free Cash FlowOCF − Capex
$50.0M
FCF MarginFCF / Revenue
26.1%
Capex IntensityCapex / Revenue
47.1%
5.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$377.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRNT
GRNT
WAFD
WAFD
Q1 26
$58.3M
Q4 25
$64.5M
$60.5M
Q3 25
$77.8M
$237.0M
Q2 25
$78.0M
$58.0M
Q1 25
$76.1M
$72.1M
Q4 24
$68.2M
$49.4M
Q3 24
$74.7M
$439.2M
Q2 24
$64.2M
$63.1M
Free Cash Flow
GRNT
GRNT
WAFD
WAFD
Q1 26
Q4 25
$50.0M
Q3 25
$208.2M
Q2 25
$53.1M
Q1 25
$66.6M
Q4 24
$43.0M
Q3 24
$414.6M
Q2 24
$58.3M
FCF Margin
GRNT
GRNT
WAFD
WAFD
Q1 26
Q4 25
26.1%
Q3 25
110.6%
Q2 25
28.5%
Q1 25
37.0%
Q4 24
25.1%
Q3 24
219.7%
Q2 24
30.0%
Capex Intensity
GRNT
GRNT
WAFD
WAFD
Q1 26
47.1%
Q4 25
5.5%
Q3 25
15.2%
Q2 25
2.6%
Q1 25
3.1%
Q4 24
3.8%
Q3 24
13.1%
Q2 24
2.5%
Cash Conversion
GRNT
GRNT
WAFD
WAFD
Q1 26
Q4 25
0.94×
Q3 25
5.36×
3.91×
Q2 25
3.11×
0.94×
Q1 25
7.75×
1.28×
Q4 24
1.05×
Q3 24
8.25×
7.18×
Q2 24
12.58×
0.98×

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%

WAFD
WAFD

Segment breakdown not available.

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