Greenfire Resources Ltd. (GFR) Revenue History
Annual and quarterly revenue from 2020 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
GFR Revenue Analysis (2020–2024)
As of March 2, 2026, Greenfire Resources Ltd. (GFR) generated trailing twelve-month (TTM) revenue of $730.7 million, reflecting significant decline in growth of -34.1% year-over-year. The most recent quarter (Q2 2025) recorded $144.5 million in revenue, down 21.3% sequentially.
Looking at the longer-term picture, GFR's historical revenue data shows various trends over time. The company achieved its highest annual revenue of $998.8 million in 2022.
When compared to Energy sector peers including CNQ (+4.5% YoY), BTE (+6.9% YoY), and OBE (+1.0% YoY), GFR has underperformed the peer group in terms of revenue growth. Compare GFR vs CNQ →
Peer Comparison
Compare GFR's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GFRCurrent | $731M | -34.1% | - | 28.7% | |
| CNQ | $35.7B | +4.5% | +9.3% | 47.1% | |
| BTE | $4.2B | +6.9% | +18.4% | 18.3% | |
| OBE | $838M | +1.0% | +15.0% | -29.8% | |
| BRN | $14M | -36.4% | -5.7% | -39.1% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $790.9M | +17.0% | $258.2M | 32.6% | $227.3M | 28.7% |
| 2023 | $676.0M | -32.3% | $279.5M | 41.3% | $-57,812,000 | -8.6% |
| 2022 | $998.8M | - | $512.7M | 51.3% | $270.5M | 27.1% |
| 2021 | $0 | - | $0 | - | $-716,333 | - |
| 2020 | $0 | - | $0 | - | $-360,000 | - |
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Start ComparisonFrequently Asked Questions
Is GFR's revenue growth accelerating or slowing?
GFR revenue declined -34.1% year-over-year, contrasting with the 5-year CAGR of N/A. TTM revenue fell to $731M. This reverses the prior growth trend.
What is GFR's long-term revenue growth rate?
Greenfire Resources Ltd.'s 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -34.1% is below this long-term average.
How is GFR's revenue distributed by segment?
GFR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2024 are available for download. Segment mix reveals concentration and diversification trends.