Magnolia Oil & Gas (MGY) Cost of Revenue (2017 - 2026)
Magnolia Oil & Gas (MGY) posted Cost of Revenue of $18.2 million for Q1 2026, up 1.66% on a QoQ basis from $17.9 million in Q4 2025, and up 21.76% year-over-year from $15.0 million in Q1 2025.
Magnolia Oil & Gas (MGY) Cost of Revenue (2017 - 2026) Analysis & Trends
Magnolia Oil & Gas' Cost of Revenue history runs 10 years deep, the most recent figure standing at $18.2 million for 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 was $18.2 million for Q1 2026 at Magnolia Oil & Gas, up from $17.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $19.3 million in Q3 2022 and bottomed at $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 tumbled 46.64% — and 2025, when it surged 95.02%.
- Magnolia Oil & Gas' Cost of Revenue stood at $13.2 million in 2022, then declined by 17.59% to $10.9 million in 2023, then rose by 11.51% to $12.2 million in 2024, then soared by 47.24% to $17.9 million in 2025, then grew by 1.66% to $18.2 million in 2026.
- Business Quant data shows MGY's Cost of Revenue at $18.2 million in Q1 2026, $17.9 million in Q4 2025, and $17.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 6.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 24.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 326.00 Mn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 356.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 385.02 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 894.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 185.00 Mn |
| 10 | Magnolia Oil & Gas | 4.41 Bn | 4.29 Bn | 340.30 Mn | 18.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 10.91 Mn |
| Dec 31, 2023 | 10.91 Mn |