Filing Flows › Northern Oil & Gas (NOG) › Q3 2026 › vs Q2 2026
Northern Oil & Gas (NOG) Q3 2026 vs Q2 2026 (quarter over quarter)
Northern Oil & Gas's revenue fell $399M (-54%) from $745M in Q2 2026 to $346M in Q3 2026.
Northern Oil & Gas, Q3 2026: revenue $346M (-38% year over year), operating margin -22.2%, net loss $112M, operating cash flow $398M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $346M | $745M | −$399M | -54% |
| Income tax benefit | $13.7M | −$74.0M | $87.6M | — |
| Net loss | $112M | −$237M | $348M | — |
| Costs & expenses | $471M | $745M | −$274M | -37% |
| Operating costs | $423M | $393M | $30.1M | +8% |
| Interest & other, net | $48.6M | $41.9M | $6.7M | +16% |
| Cost of revenue | $143M | $127M | $16.4M | +13% |
| General & admin | $18.0M | $24.5M | −$6.5M | -27% |
| Other operating costs | $261M | $241M | $20.2M | +8% |
| Operating cash sources | $510M | $85.0M | $425M | +499% |
| Share-based compensation | $4.5M | $4.4M | $45K | +1% |
| Working capital & other | $505M | $80.6M | $424M | +527% |
| Net loss absorbed | $112M | −$237M | $348M | — |
| Operating cash flow | $398M | $322M | $76.1M | +24% |
Questions
How much did Northern Oil & Gas's revenue grow quarter over quarter in Q3 2026?
Northern Oil & Gas's revenue fell $399M (-54%) from $745M in Q2 2026 to $346M in Q3 2026.