Northern Oil & Gas Gross Profit Growth & History (NOG)
Northern Oil & Gas's gross profit was $2.00B for fiscal 2025.
View full Northern Oil & Gas company overviewNorthern Oil & Gas annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.00B | $206.1M | +11.48% |
| 2024 | 2024-12-31 | $1.80B | −$23.3M | −1.28% |
| 2023 | 2023-12-31 | $1.82B | $94.1M | +5.46% |
| 2022 | 2022-12-31 | $1.73B | $920.8M | +114.49% |
| 2021 | 2021-12-31 | $804.3M | $596.5M | +287.17% |
| 2020 | 2020-12-31 | $207.7M | −$145.8M | −41.24% |
| 2019 | 2019-12-31 | $353.5M | −$258.8M | −42.26% |
| 2018 | 2018-12-31 | $612.3M | $452.7M | +283.66% |
| 2017 | 2017-12-31 | $159.6M | $60.4M | +60.84% |
| 2016 | 2016-12-31 | $99.2M | — | — |
Northern Oil & Gas quarterly gross profit
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $618.1M | $32.8M | +5.60% |
| Q1 2026 | 2026-03-31 | −$124.7M | −$612.8M | — |
| Q4 2025 | 2025-12-31 | $490.3M | $91.9M | +23.07% |
| Q3 2025 | 2025-09-30 | $438.3M | −$208.4M | −32.23% |
| Q2 2025 | 2025-06-30 | $585.4M | $125.5M | +27.28% |
| Q1 2025 | 2025-03-31 | $488.1M | $197.2M | +67.77% |
| Q4 2024 | 2024-12-31 | $398.4M | −$293.1M | −42.38% |
| Q3 2024 | 2024-09-30 | $646.7M | $415.3M | +179.41% |
| Q2 2024 | 2024-06-30 | $459.9M | $67.7M | +17.26% |
| Q1 2024 | 2024-03-31 | $290.9M | −$213.2M | −42.30% |
| Q4 2023 | 2023-12-31 | $691.5M | $318.8M | +85.56% |
| Q3 2023 | 2023-09-30 | $231.5M | −$234.1M | −50.28% |
| Q2 2023 | 2023-06-30 | $392.2M | −$92.8M | −19.13% |
| Q1 2023 | 2023-03-31 | $504.1M | $102.2M | +25.43% |
| Q4 2022 | 2022-12-31 | $372.6M | $90.8M | +32.23% |
| Q3 2022 | 2022-09-30 | $465.6M | $249.1M | +115.11% |
| Q2 2022 | 2022-06-30 | $485.0M | $302.0M | +165.00% |
| Q1 2022 | 2022-03-31 | $401.9M | $278.9M | +226.71% |
| Q4 2021 | 2021-12-31 | $281.8M | $560.7M | — |
| Q3 2021 | 2021-09-30 | $216.4M | $193.3M | +834.40% |
| Q2 2021 | 2021-06-30 | $183.0M | $189.0M | — |
| Q1 2021 | 2021-03-31 | $123.0M | −$346.4M | −73.79% |
| Q4 2020 | 2020-12-31 | −$278.9M | −$302.2M | — |
| Q3 2020 | 2020-09-30 | $23.2M | −$178.4M | −88.51% |
| Q2 2020 | 2020-06-30 | −$6.0M | −$166.3M | — |
| Q1 2020 | 2020-03-31 | $469.4M | $501.1M | — |
| Q4 2019 | 2019-12-31 | $23.3M | −$398.5M | −94.49% |
| Q3 2019 | 2019-09-30 | $201.5M | $117.4M | +139.62% |
| Q2 2019 | 2019-06-30 | $160.3M | $108.0M | +206.53% |
| Q1 2019 | 2019-03-31 | −$31.6M | −$85.7M | — |
| Q4 2018 | 2018-12-31 | $421.7M | — | — |
| Q3 2018 | 2018-09-30 | $84.1M | $55.1M | +190.10% |
| Q2 2018 | 2018-06-30 | $52.3M | −$467,342 | −0.89% |
| Q1 2018 | 2018-03-31 | $54.1M | — | — |
| Q3 2017 | 2017-09-30 | $29.0M | — | — |
| Q2 2017 | 2017-06-30 | $52.8M | — | — |
Northern Oil & Gas gross profit trends
Over the last five fiscal years, Northern Oil & Gas's gross profit increased from $207.7M to $2.00B, a change of $1.79B. The latest reported quarter, Q2 2026, shows $618.1M.
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Northern Oil & Gas source filings ↗