Greenfire Resources Ltd (GFR) FinancialsGFRFinancialGreenfire Resources Ltd

Evaluating the bottom line, Greenfire Resources Ltd. maintains a gross margin of 76.25%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 25.24%, while the net margin is 31.18%. These profitability ratios, combined with a Return on Equity (ROE) of -3.63%, provide a clear picture of how effectively GFR converts its operational activities into shareholder value.

In the context of the broader market, GFR competes directly with industry leaders such as TBN and KOS. With a market capitalization of $890.87M, it holds a significant position in the sector. When comparing efficiency, GFR's gross margin of 76.25% stands against TBN's N/A and KOS's 50.61%. Such benchmarking helps identify whether Greenfire Resources Ltd. is trading at a premium or discount relative to its financial performance.

Greenfire's gross margin improved to 76.25% in Q2 2026, but it reported a net loss of C$73 million in Q1 2026, indicating severe profitability challenges. The company has shown revenue fluctuations, with a notable decline in Q4 2025 revenue by 35.9% year-over-year.