Revenue
$745.24M
Fiscal year ended 2026-06-30Operating income
$352.54M
Fiscal year ended 2026-06-30Free cash flow
Unavailable
Fiscal year ended 2026-06-30NORTHERN OIL & GAS, INC. (NOG) reported revenue of $745.24M and net income of $236.63M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from NORTHERN OIL & GAS, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Crude Petroleum & Natural Gas.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $745.24M | $5.03M | $610.18M | $556.64M | $706.81M | $602.10M | $514.98M | $753.64M | $560.77M | $396.35M |
| Cost of revenue | $127.09M | $129.75M | $119.88M | $118.32M | $121.43M | $114.04M | $116.58M | $106.90M | $100.86M | $105.45M |
| Gross profit | $618.15M | -$124.72M | $490.30M | $438.32M | $585.38M | $488.06M | $398.39M | $646.74M | $459.91M | $290.90M |
| Operating income | $352.54M | -$654.88M | -$33.84M | -$125.76M | $176.17M | $229.28M | $132.64M | $433.94M | $218.94M | $52.32M |
| Net income | $236.63M | -$522.85M | -$70.73M | -$129.07M | $99.58M | $138.98M | $71.70M | $298.45M | $138.56M | $11.61M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 108.09M | shares 98.50M | Unavailable | shares 97.12M | shares 99.39M | shares 99.99M | Unavailable | shares 100.72M | shares 101.99M | shares 101.64M |
| Pretax income | $310.60M | -$695.92M | -$86.06M | -$168.80M | $131.78M | $185.79M | $87.84M | $397.22M | $181.30M | $14.45M |
| Income tax expense | $73.97M | -$173.07M | -$15.33M | -$39.73M | $32.19M | $46.80M | $16.14M | $98.78M | $42.75M | $2.85M |
| Diluted EPS | $2.19 | $-5.31 | Unavailable | $-1.33 | $1.00 | $1.39 | Unavailable | $2.96 | $1.36 | $0.11 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $24.53M | $23.17M | $17.12M | $14.10M | $15.63M | $14.48M | $15.53M | $10.00M | $13.54M | $11.39M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $47.60M | $37.04M | $14.30M | $31.65M | $25.86M | $33.58M | $8.93M | $34.36M | $7.78M | $32.47M |
| Total assets | $5.83B | $5.51B | $5.41B | $5.49B | $5.70B | $5.67B | $5.60B | $5.06B | $4.72B | $4.63B |
| Current assets | $502.10M | $472.90M | $586.03M | $542.48M | $588.36M | $521.61M | $500.74M | $518.92M | $413.67M | $412.80M |
| Total liabilities | $3.83B | $3.73B | $3.28B | $3.25B | $3.29B | $3.27B | $3.28B | $2.74B | $2.66B | $2.63B |
| Current liabilities | $630.49M | $899.38M | $539.29M | $495.34M | $488.20M | $564.32M | $544.27M | $420.29M | $465.57M | $428.01M |
| Total equity incl. NCI | $2.00B | $1.78B | $2.13B | $2.24B | $2.41B | $2.40B | $2.32B | $2.31B | $2.07B | $2.00B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $377.82M | $395.29M | $349.93M | $333.96M | $410.24M | $409.62M | $389.67M | $316.93M | $359.65M | $331.12M |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $2.72B | $2.55B | $2.40B | $2.35B | $2.37B | $2.31B | $2.37B | $1.95B | $1.87B | $1.94B |
| Accounts payable | $206.28M | $234.92M | $218.62M | $160.26M | $173.91M | $230.92M | $202.87M | $152.46M | $150.14M | $156.23M |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $321.62M | $323.62M | $312.63M | $423.12M | $362.11M | $407.43M | $290.28M | $385.76M | $340.48M | $392.15M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$379.81M | -$634.68M | -$308.07M | -$352.58M | -$327.26M | -$264.56M | -$662.64M | -$381.86M | -$223.20M | -$407.06M |
| Financing cash flow | $74.23M | $333.80M | -$21.91M | -$64.75M | -$42.58M | -$118.22M | $346.94M | $22.68M | -$141.97M | $39.18M |
| Net change in cash | $10.56M | $22.74M | -$17.35M | $5.79M | -$7.72M | $24.64M | -$25.42M | $26.58M | -$24.69M | $24.27M |
| Stock-based compensation | $4.41M | $3.71M | $3.92M | $4.10M | $3.78M | $3.58M | $3.57M | $3.10M | $3.03M | $2.27M |
| Common dividends paid | $47.37M | $44.48M | $43.70M | $43.70M | $44.27M | $41.73M | $41.78M | $39.87M | $40.22M | $40.10M |
| Common share repurchases | $50.05M | $0 | $7.01M | $0 | $35.00M | $15.00M | $25.17M | $14.45M | $34.87M | $20.01M |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 82.9% | -2480.0% | 80.4% | 78.7% | 82.8% | 81.1% | 77.4% | 85.8% | 82.0% | 73.4% |
| Operating margin | 47.3% | -13022.1% | -5.5% | -22.6% | 24.9% | 38.1% | 25.8% | 57.6% | 39.0% | 13.2% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 0.6% | 73.8% | 0.6% | 0.7% | 0.5% | 0.6% | 0.7% | 0.4% | 0.5% | 0.6% |
| Current ratio | 0.80x | 0.53x | 1.09x | 1.10x | 1.21x | 0.92x | 0.92x | 1.23x | 0.89x | 0.96x |
| Revenue YoY growth | 5.4% | -99.2% | 18.5% | -26.1% | 26.0% | 51.9% | -35.1% | 140.0% | 17.7% | -31.9% |
| Net margin | 31.8% | Unavailable | -11.6% | -23.2% | 14.1% | Unavailable | 13.9% | 39.6% | Unavailable | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 1.37x | Unavailable | 1.13x | 1.05x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 23.8% | Unavailable | Unavailable | Unavailable | 24.4% | 25.2% | 18.4% | 24.9% | 23.6% | 19.7% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open NOG in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-07View SEC filing
10-Q · Filed 2026-04-29View SEC filing
10-K · Filed 2026-02-26View SEC filing
10-Q · Filed 2025-11-07View SEC filing
10-Q · Filed 2025-08-01View SEC filing
10-Q · Filed 2025-04-30View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.