KPIs & Operating Metrics(New)
Growth Metrics

Northern Oil & Gas (NOG) Gross Margin (2016 - 2025)

Northern Oil & Gas (NOG) has 13 years of Gross Margin data on record, last reported at 38.82% in Q4 2025.

  • For Q4 2025, Gross Margin fell 5290.0% year-over-year to 38.82%; the TTM value through Dec 2025 reached 80.87%, down 558.0%, while the annual FY2025 figure was 80.87%, 1207.0% down from the prior year.
  • Gross Margin reached 38.82% in Q4 2025 per NOG's latest filing, down from 94.85% in the prior quarter.
  • Across five years, Gross Margin topped out at 94.96% in Q2 2025 and bottomed at 65.62% in Q1 2022.
  • Average Gross Margin over 5 years is 65.29%, with a median of 85.59% recorded in 2022.
  • Peak YoY movement for Gross Margin: plummeted -15299bps in 2021, then surged 15221bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 92.15% in 2021, then crashed by -41bps to 54.04% in 2022, then soared by 31bps to 70.66% in 2023, then increased by 30bps to 91.72% in 2024, then plummeted by -58bps to 38.82% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 38.82% in Q4 2025, 94.85% in Q3 2025, and 94.96% in Q2 2025.