Northern Oil and Gas, Inc. (NOG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 544.09M | 450.86M | 485.87M | 577.99M | 580.34M | 549.2M | 515.49M | 564.19M | 534.88M | 546.14M | 513.52M | 418.79M | 428.56M | 445.65M | 534.05M | 549.64M | 456.46M | 332.37M | 259.67M | 225.72M |
| Revenue Growth % | -6.25% | -17.91% | -5.75% | 2.45% | 8.5% | 0.56% | 0.38% | 34.72% | 24.81% | 22.55% | -3.84% | -23.81% | -6.11% | 34.08% | 105.66% | 143.51% | 190.12% | 233.99% | 252.42% | 992.16% |
| Cost of Goods Sold | 365.19M | 354.92M | 346.36M | 362.79M | 355.8M | 363.88M | 307.23M | 326.06M | 330.62M | 299.15M | 258.45M | 227.91M | 207.62M | 187.8M | 176.73M | 163.28M | 142.34M | 118.44M | 99.05M | 92.12M |
| COGS % of Revenue | 67.12% | 78.72% | 71.29% | 62.77% | 61.31% | 66.26% | 59.6% | 57.79% | 61.81% | 54.78% | 50.33% | 54.42% | 48.45% | 42.14% | 33.09% | 29.71% | 31.18% | 35.63% | 38.15% | 40.81% |
| Gross Profit | 178.9M | 95.95M | 139.51M | 215.2M | 224.54M | 185.32M | 208.26M | 238.13M | 204.26M | 246.99M | 255.07M | 190.87M | 220.93M | 257.85M | 357.32M | 386.37M | 314.12M | 213.93M | 160.62M | 133.6M |
| Gross Margin % | 32.88% | 21.28% | 28.71% | 37.23% | 38.69% | 33.74% | 40.4% | 42.21% | 38.19% | 45.22% | 49.67% | 45.58% | 51.55% | 57.86% | 66.91% | 70.29% | 68.82% | 64.37% | 61.85% | 59.19% |
| Gross Profit Growth % | -20.33% | -48.23% | -33.01% | -9.63% | 9.93% | -24.97% | -18.35% | 24.76% | -7.55% | -4.21% | -28.62% | -50.6% | -29.67% | 20.53% | 122.47% | 189.2% | 300.94% | 624.97% | 1260.93% | 399.25% |
| Operating Expenses | 23.17M | 17.12M | 14.1M | 39.04M | -4.74M | 52.69M | -225.68M | 19.2M | 151.94M | -237.05M | 212.63M | -43.92M | -139.66M | 90.31M | -247.31M | 116.26M | 503.2M | 23.65M | 133.65M | 208.52M |
| OpEx % of Revenue | 4.26% | 3.8% | 2.9% | 6.75% | -0.82% | 9.59% | -43.78% | 3.4% | 28.41% | -43.4% | 41.41% | -10.49% | -32.59% | 20.27% | -46.31% | 21.15% | 110.24% | 7.11% | 51.47% | 92.38% |
| Selling, General & Admin | 23.17M | 17.12M | 14.1M | 15.63M | 14.48M | 15.53M | 10.01M | 13.54M | 11.39M | 9.55M | 11.85M | 12.4M | 13M | 15.05M | 10.28M | 8.06M | 13.81M | 10.46M | 5.49M | 7.6M |
| SG&A % of Revenue | 4.26% | 3.8% | 2.9% | 2.7% | 2.5% | 2.83% | 1.94% | 2.4% | 2.13% | 1.75% | 2.31% | 2.96% | 3.03% | 3.38% | 1.92% | 1.47% | 3.03% | 3.15% | 2.11% | 3.37% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 155.72M | 78.83M | 125.41M | 176.17M | 229.28M | 132.63M | 433.94M | 218.94M | 52.32M | 484.04M | 42.44M | 234.79M | 360.59M | 167.53M | 604.64M | 270.1M | -189.08M | 190.29M | 26.96M | -74.92M |
| Operating Margin % | 28.62% | 17.48% | 25.81% | 30.48% | 39.51% | 24.15% | 84.18% | 38.81% | 9.78% | 88.63% | 8.26% | 56.06% | 84.14% | 37.59% | 113.22% | 49.14% | -41.42% | 57.25% | 10.38% | -33.19% |
| Operating Income Growth % | -32.08% | -40.57% | -71.1% | -19.54% | 338.22% | -72.6% | 922.53% | -6.75% | -85.49% | 188.92% | -92.98% | -13.07% | 290.7% | -11.96% | 2142.39% | 460.52% | -193.74% | 247.79% | 112.33% | 91.53% |
| EBITDA | 352.82M | 282.9M | 324.76M | 381.91M | 434.97M | 337.31M | 619.6M | 395.55M | 226.28M | 635.23M | 176.23M | 341.22M | 455.21M | 244.85M | 670.61M | 324.9M | -135.9M | 233.1M | 62.85M | -44.01M |
| EBITDA Margin % | 64.85% | 62.75% | 66.84% | 66.08% | 74.95% | 61.42% | 120.2% | 70.11% | 42.3% | 116.31% | 34.32% | 81.48% | 106.22% | 54.94% | 125.57% | 59.11% | -29.77% | 70.13% | 24.2% | -19.5% |
| EBITDA Growth % | -18.89% | -16.13% | -47.59% | -3.45% | 92.23% | -46.9% | 251.59% | 15.92% | -50.29% | 159.44% | -73.72% | 5.02% | 434.96% | 5.04% | 967.02% | 838.19% | -309.95% | 342.85% | 133.45% | 94.81% |
| D&A (Non-Cash Add-back) | 197.1M | 204.08M | 199.35M | 205.74M | 205.69M | 204.67M | 185.66M | 176.61M | 173.96M | 151.19M | 133.79M | 106.43M | 94.62M | 77.32M | 65.98M | 54.8M | 53.19M | 42.81M | 35.88M | 30.91M |
| EBIT | 155.72M | -44.94M | -125.83M | 176.21M | 229.64M | 133.1M | 434.06M | 219M | 52.38M | 484.13M | 42.46M | 238.79M | 371.03M | 168.85M | 604.93M | 270.68M | -187.79M | 190.86M | 27.14M | -75.54M |
| Net Interest Income | -42.59M | -41.12M | -42.98M | -44.44M | -43.85M | -45.26M | -36.84M | -37.7M | -37.92M | -36.51M | -37.04M | -31.97M | -30.14M | -23.81M | -20.14M | -18.41M | -17.98M | -15.9M | -14.59M | -15.02M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 42.59M | 41.12M | 42.98M | 44.44M | 43.85M | 45.26M | 36.84M | 37.7M | 37.92M | 36.51M | 37.04M | 31.97M | 30.14M | 23.81M | 20.14M | 18.41M | 17.98M | 15.9M | 14.59M | 15.02M |
| Other Income/Expense | -851.64M | -164.88M | -294.21M | -44.39M | -43.49M | -44.8M | -36.72M | -37.63M | -37.87M | -36.43M | -37.02M | -27.96M | -19.71M | -22.49M | -19.84M | -17.84M | -16.69M | -15.32M | -14.41M | -15.64M |
| Pretax Income | -695.92M | -86.06M | -168.8M | 131.78M | 185.79M | 87.84M | 397.22M | 181.3M | 14.45M | 447.61M | 5.42M | 206.83M | 340.88M | 145.04M | 584.8M | 252.27M | -205.77M | 174.96M | 12.55M | -90.56M |
| Pretax Margin % | -127.91% | -19.09% | -34.74% | 22.8% | 32.01% | 15.99% | 77.06% | 32.13% | 2.7% | 81.96% | 1.06% | 49.39% | 79.54% | 32.55% | 109.5% | 45.9% | -45.08% | 52.64% | 4.83% | -40.12% |
| Income Tax | -173.07M | -15.33M | -39.73M | 32.19M | 46.8M | 16.14M | 98.78M | 42.75M | 2.85M | 58.76M | -20.69M | 39.01M | 692K | -27K | 1.33M | 1.01M | 789K | 233K | 0 | 0 |
| Effective Tax Rate % | 24.87% | 17.81% | 23.54% | 24.43% | 25.19% | 18.37% | 24.87% | 23.58% | 19.69% | 13.13% | -381.82% | 18.86% | 0.2% | -0.02% | 0.23% | 0.4% | -0.38% | 0.13% | 0% | 0% |
| Net Income | -522.85M | -70.73M | -129.07M | 99.58M | 138.98M | 71.7M | 298.45M | 138.56M | 11.61M | 388.85M | 26.11M | 167.81M | 340.19M | 145.07M | 583.47M | 251.26M | -206.56M | 174.73M | 12.55M | -90.56M |
| Net Margin % | -96.1% | -15.69% | -26.57% | 17.23% | 23.95% | 13.06% | 57.9% | 24.56% | 2.17% | 71.2% | 5.08% | 40.07% | 79.38% | 32.55% | 109.25% | 45.71% | -45.25% | 52.57% | 4.83% | -40.12% |
| Net Income Growth % | -476.2% | -198.65% | -143.25% | -28.13% | 1097.5% | -81.56% | 1042.99% | -17.44% | -96.59% | 168.05% | -95.52% | -33.21% | 264.69% | -16.98% | 4547.64% | 377.45% | -128.6% | 222.94% | 105.39% | 89.93% |
| Net Income (Continuing) | -522.85M | -70.73M | -129.07M | 99.58M | 138.98M | 71.7M | 298.45M | 138.56M | 11.61M | 388.85M | 26.11M | 167.81M | 340.19M | 145.07M | 583.47M | 251.26M | -206.56M | 174.73M | 12.55M | -90.56M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -5.31 | -0.67 | -1.33 | 1.00 | 1.39 | 0.71 | 2.96 | 1.36 | 0.11 | 3.90 | 0.28 | 1.88 | 3.98 | 1.63 | 6.77 | 2.74 | -2.92 | 2.13 | 0.13 | -1.55 |
| EPS Growth % | -482.01% | -194.37% | -144.93% | -26.47% | 1163.64% | -81.79% | 957.14% | -27.66% | -97.24% | 139.26% | -95.86% | -31.39% | 236.3% | -23.47% | 5107.69% | 276.77% | -68.79% | 166.36% | 102.39% | 92.87% |
| EPS (Basic) | -5.31 | -0.70 | -1.33 | 1.02 | 1.41 | 0.72 | 3.00 | 1.38 | 0.12 | 3.92 | 0.28 | 1.89 | 4.01 | 1.64 | 7.39 | 3.08 | -2.92 | 2.42 | 0.14 | -1.55 |
| Diluted Shares Outstanding | 98.5M | 99.31M | 97.12M | 99.39M | 99.99M | 101.27M | 100.72M | 101.98M | 101.64M | 99.81M | 93.74M | 89.11M | 85.41M | 81.86M | 86.14M | 86.79M | 76.92M | 81.85M | 66.63M | 60.7M |
| Basic Shares Outstanding | 98.5M | 97.71M | 97.12M | 98.06M | 98.56M | 100.34M | 99.49M | 100.27M | 100.44M | 99.28M | 92.77M | 88.8M | 84.92M | 81.3M | 78.59M | 77.37M | 76.89M | 70.66M | 65.86M | 60.7M |
| Dividend Payout Ratio | - | - | - | 44.45% | 30.03% | 58.27% | 13.36% | 29.03% | 345.5% | 9.07% | 131.43% | 17.24% | 7.48% | 13.54% | 2.57% | 6.64% | - | 1.7% | 15.73% | - |