KPIs & Operating Metrics(New)
Growth Metrics

Northern Oil & Gas (NOG) Cost of Revenue (2016 - 2025)

Northern Oil & Gas (NOG) has 13 years of Cost of Revenue data on record, last reported at $373.3 million in Q4 2025.

  • For Q4 2025, Cost of Revenue rose 775.84% year-over-year to $373.3 million; the TTM value through Dec 2025 reached $473.7 million, up 57.06%, while the annual FY2025 figure was $473.7 million, 201.52% up from the prior year.
  • Cost of Revenue reached $373.3 million in Q4 2025 per NOG's latest filing, up from $28.7 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $373.3 million in Q4 2025 and bottomed at $18.5 million in Q2 2021.
  • Average Cost of Revenue over 5 years is $80.6 million, with a median of $46.9 million recorded in 2024.
  • Peak YoY movement for Cost of Revenue: surged 865.78% in 2021, then crashed 81.69% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $25.1 million in 2021, then soared by 458.56% to $139.9 million in 2022, then soared by 66.34% to $232.8 million in 2023, then plummeted by 81.69% to $42.6 million in 2024, then skyrocketed by 775.84% to $373.3 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $373.3 million in Q4 2025, $28.7 million in Q3 2025, and $35.6 million in Q2 2025.