Magnolia Oil & Gas (MGY) Cost of Revenue (2017 - 2026)
Magnolia Oil & Gas' (MGY) quarterly Cost of Revenue came in at $18.2 million in Q1 2026, up 21.76% YoY from $15.0 million in Q1 2025, and up 1.66% on a QoQ basis from $17.9 million in Q4 2025.
Magnolia Oil & Gas (MGY) Cost of Revenue (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas (MGY) has 10 years of Cost of Revenue data on file, last reported at $18.2 million in Q1 2026.
- Quarterly Cost of Revenue rose 21.76% year-over-year to $18.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $70.4 million (up 52.11% YoY) and the FY2025 annual result came in at $67.1 million, up 68.45% from the prior year.
- Cost of Revenue advanced to $18.2 million in Q1 2026, from $17.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $19.3 million in Q3 2022 to a low of $8.5 million in Q2 2024.
- A 5-year average of $13.8 million and a median of $13.2 million in 2022 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue plunged 46.64% — and 2025, when it surged 95.02%.
- Tracing MGY's Cost of Revenue over 5 years: stood at $13.2 million in 2022, then slipped by 17.59% to $10.9 million in 2023, then grew by 11.51% to $12.2 million in 2024, then jumped by 47.24% to $17.9 million in 2025, then advanced by 1.66% to $18.2 million in 2026.
- The last three Cost of Revenue figures came in at $18.2 million (Q1 2026), $17.9 million (Q4 2025), and $17.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 6.71 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 1.79 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 9.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 566.00 Mn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.39 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 332.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 385.02 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Magnolia Oil & Gas | 5.21 Bn | 4.91 Bn | 461.61 Mn | 17.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.20 Mn |
| Jun 30, 2026 | 17.20 Mn |
| Mar 31, 2026 | 18.21 Mn |
| Mar 31, 2026 | 18.21 Mn |
| Dec 31, 2025 | 17.91 Mn |
| Dec 31, 2025 | 17.91 Mn |
| Sep 30, 2025 | 17.74 Mn |
| Sep 30, 2025 | 17.74 Mn |
| Jun 30, 2025 | 16.49 Mn |
| Jun 30, 2025 | 16.49 Mn |
| Mar 31, 2025 | 14.95 Mn |
| Mar 31, 2025 | 14.95 Mn |
| Dec 31, 2024 | 12.16 Mn |
| Dec 31, 2024 | 12.16 Mn |
| Sep 30, 2024 | 10.68 Mn |
| Sep 30, 2024 | 10.68 Mn |
| Jun 30, 2024 | 8.46 Mn |
| Jun 30, 2024 | 8.46 Mn |
| Mar 31, 2024 | 8.54 Mn |
| Mar 31, 2024 | 8.54 Mn |