Filing Flows › Northern Oil & Gas (NOG) › Operating margin
Northern Oil & Gas (NOG) operating margin by quarter
Northern Oil & Gas' operating margin was 47.3% in Q2 2026 (second quarter 2026), +22.4 pts from Q2 2025. Over the last 3 quarters it ranged from 24.9% (Q2 2025) to 47.3% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 47.3% | +22.4 pts | +22.4 pts |
| Q2 2025 | 24.9% | -13.2 pts | — |
| Q1 2025 | 38.1% | — | — |
Q2 2026 at a glance
Northern Oil & Gas, Q2 2026: revenue $745M (+5% year over year), operating margin 47.3%, net earnings $237M, operating cash flow $322M. The chart follows the revenue to costs, profit and cash.
Questions
What is Northern Oil & Gas' operating margin?
Northern Oil & Gas' operating margin was 47.3% in Q2 2026 (second quarter 2026), +22.4 pts from Q2 2025.
How has Northern Oil & Gas' operating margin changed?
Over the last 3 quarters it ranged from 24.9% (Q2 2025) to 47.3% (Q2 2026).