Northern Oil & Gas (NOG) Cost of Revenue (2011 - 2026)

Northern Oil & Gas' Cost of Revenue history runs 16 years deep, the most recent figure standing at $129.7 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 13.77% year-over-year to $129.7 million; the TTM figure through Mar 2026 stood at $489.4 million (up 11.63% YoY), while the FY2025 annual figure was $473.7 million, up 10.21% from the prior year.
• Cost of Revenue for Q1 2026 stood at $129.7 million, up from $119.9 million in the prior quarter.
• The five-year high for Cost of Revenue was $129.7 million in Q1 2026, with the low at $54.5 million in Q1 2022.
• The 5-year median for Cost of Revenue is $102.1 million (2023), against an average of $96.5 million.
• The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 58.95% in 2022, then increased 2.83% in 2025.
• Northern Oil & Gas' Cost of Revenue stood at $73.0 million in 2022, then soared by 39.78% to $102.1 million in 2023, then rose by 14.23% to $116.6 million in 2024, then climbed by 2.83% to $119.9 million in 2025, then climbed by 8.23% to $129.7 million in 2026.
• Business Quant data shows NOG's Cost of Revenue at $129.7 million in Q1 2026, $119.9 million in Q4 2025, and $118.3 million in Q3 2025.