GFR (Greenfire Resources) Net Income: $-27.7 Mil (TTM As of Jun. 2026)

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GFR Greenfire Resources Ltd GFR
35 GF Score
Price $6.15
GF Value $3.57
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Greenfire Resources Net Income?

Greenfire Resources GFR -4.35% 35 Net Income is $-27.7 Mil as of Jun. 2026. GuruFocus rates GFR with a GF Score™ of 35/100 and a GF Value™ of $3.57 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Greenfire Resources's Net Income for the three months ended in Jun. 2026 was $38.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was $-27.7 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Greenfire Resources's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was $0.30.


Greenfire Resources  (NYSE:GFR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Greenfire Resources's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Greenfire Resources Net Income Related Terms


Greenfire Resources Net Income Historical Data

* Premium members only.

The historical data trend for Greenfire Resources's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Greenfire Resources Net Income Chart

Greenfire Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial 516.75 96.94 -101.13 85.22 34.44

Greenfire Resources Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.65 -6.33 -6.26 -53.21 38.10
GFR
35GF Score
Greenfire Resources Ltd GFR
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenfire Resources Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Greenfire Resources's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=40.104+-5.668+0+0
=34.4

Greenfire Resources's Net Income for the quarter that ended in Jun. 2026 is calculated as

Net Income(Q: Jun. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=48.733+-10.638+0+0
=38.1

Net Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-27.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $-27.7 Mil mean?
Greenfire Resources (GFR) has a Net Income of $-27.7 Mil as of Jun. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Greenfire Resources and its competitors.
Is Greenfire Resources' Net Income too high?
Greenfire Resources' current Net Income is $-27.7 Mil. Overall, Greenfire Resources has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greenfire Resources' Net Income compare to REPX and TXO?
Greenfire Resources' Net Income of $-27.7 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Oil & Gas company?
A good Net Income depends on the Oil & Gas industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Greenfire Resources and its competitors. Greenfire Resources's current Net Income is $-27.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenfire Resources stock overvalued right now?
Based on GuruFocus' analysis, Greenfire Resources (GFR) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.57, compared to a current price of $6.15 — trading 72.3% above its estimated fair value. The current Net Income is $-27.7 Mil. Greenfire Resources' overall GF Score™ is 35/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Greenfire Resources (GFR), the current Net Income is $-27.7 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Greenfire Resources (GFR) Overvalued in 2026?

Based on GuruFocus' analysis, Greenfire Resources stock appears to be overvalued. The current stock price of $6.15 is trading 72.3% above its estimated GF Value™ of $3.57. GuruFocus considers Greenfire Resources to be Significantly Overvalued.

Key valuation signals for GFR:

  • Net Income: $-27.7 Mil
  • GF Value™: $3.57 vs. price of $6.15 (72.3% above fair value)
  • GF Score™: 35/100 with 6 warning signs

No single metric tells the full story. See the GFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenfire Resources Business Description

Industry EnergyOil & Gas
Other Exchanges GFR:Canada
Address 350 - 7th Avenue S.W, Suite 800, Calgary, AB, CAN, T2P 3N9
Greenfire Resources Ltd explores, acquires, develops and produces oil and gas in the Canadian energy sector and internationally. Greenfire currently has two producing oil sand assets, Hangingstone Expansion and Hangingstone Demo. The company has one reportable operating segment which is made up of its oil sands operations based on geographic location : Athabasca oil sands region of Alberta, Canada, nature of the products sold and integration of facilities and operations. The company is actively developing its Hangingstone Facilities using SAGD, an enhanced oil recovery extraction method.
35GF Score

Get the complete analysis for GFR

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.15
Price
$3.57
GF Value