Magnolia Oil & Gas Income Statement (2017-2026)

Reported Financials

Magnolia Oil & Gas Quarterly Income Statement

Periods 38 quarters

Latest Jun 2026

Magnolia Oil & Gas reported revenue of $478.81M and net income of $181.78M for the quarter ended Jun 2026, up 50.1% year over year. This income statement covers 38 quarters of results from Mar 2017 through Jun 2026, standardized by Business Quant from the company’s SEC filings.

Income Statement	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025	Mar2026	Jun2026
Revenue & cost
Revenue	285.04M	332.15M	377.84M	484.65M	482.96M	349.04M	308.38M	280.29M	315.68M	322.63M	319.42M	336.73M	333.13M	326.61M	350.30M	318.98M	324.94M	317.63M	358.51M	478.81M
Cost of RevenueCost of Rev	11.54M	13.47M	15.84M	16.38M	19.30M	13.24M	12.73M	10.39M	10.30M	10.91M	8.54M	8.46M	10.68M	12.16M	14.95M	16.49M	17.74M	17.91M	18.21M	17.20M
Gross Profit	273.50M	318.69M	362.00M	468.27M	463.67M	335.81M	295.65M	269.90M	305.38M	311.72M	310.88M	328.27M	322.46M	314.44M	335.35M	302.49M	307.19M	299.72M	340.30M	461.61M
Operating items
Amortization - Intangibles
Research & DevelopmentR&D	0.32M	1.69M	5.54M	3.41M	1.17M	1.47M	0.01M		5.13M	0.31M	0.03M	0.40M	0.49M	0.46M	0.35M	0.36M	0.13M	0.12M	1.74M	0.21M
Selling, General & AdministrativeSG&A	14.70M	15.46M	17.07M	18.53M	19.62M	17.20M	19.77M	18.73M	19.37M	19.24M	23.55M	22.84M	21.16M	21.19M	24.59M	23.28M	24.20M	24.97M	31.44M	29.15M
Restructuring CostsRestructuring																				3.20M
Other Operating ExpensesOther Opex	74.94M	84.93M	90.62M	101.85M	115.71M	97.01M	119.30M	103.44M	107.15M	124.56M	125.13M	134.79M	138.03M	134.96M	142.47M	143.94M	150.58M	151.12M	149.81M	158.34M
Operating ExpensesOpex	113.55M	130.14M	141.97M	156.39M	171.21M	151.13M	181.45M	158.96M	167.54M	184.54M	194.86M	202.37M	204.12M	202.54M	214.48M	211.17M	223.47M	223.55M	230.75M	239.31M
Operating IncomeOp. Inc	171.49M	202.01M	235.87M	328.26M	311.75M	197.91M	126.93M	121.33M	148.13M	138.09M	124.56M	134.35M	129.01M	124.07M	135.82M	107.81M	101.46M	94.08M	127.76M	239.50M
EBIT	171.49M	202.01M	235.87M	328.26M	311.75M	197.91M	126.93M	121.33M	148.13M	138.09M	124.56M	134.35M	129.01M	124.07M	135.82M	107.81M	101.46M	94.08M	127.76M	239.50M
Non-operating items
Non Operating Interest Expenses
Other Non Operating IncomeOther Non Op Inc.	-0.62M		0.21M	6.54M	-0.17M	-0.04M	-1.14M	9.26M	-0.48M	7.72M	-4.31M	1.05M	7.29M	-12.81M	1.22M	-0.24M	-0.66M	-0.46M	-0.04M	-0.38M
Non Operating IncomeNon Op. Inc.	-7.96M	-7.45M	-9.15M	-0.48M	-5.43M	-1.84M	-0.65M	8.11M	0.56M	7.31M	-6.62M	-2.47M	3.43M	-13.18M	-4.04M	-5.85M	-6.02M	-5.86M	-6.04M	-7.10M
Net income details
EBT	163.54M	194.57M	226.72M	327.78M	306.32M	196.07M	126.28M	129.44M	148.69M	145.40M	117.93M	131.88M	132.44M	110.89M	131.78M	101.97M	95.44M	88.22M	121.72M	232.40M
Tax ProvisionsTaxes	3.63M	2.42M	18.10M	27.88M	19.36M	-58.70M	19.61M	24.85M	31.21M	31.55M	20.34M	26.77M	26.53M	22.18M	25.14M	20.94M	17.21M	16.85M	20.89M	50.63M
Profit After TaxPAT	159.91M	192.15M	208.62M	299.90M	286.96M	254.76M	106.68M	104.60M	117.48M	113.86M	97.60M	105.11M	105.91M	88.71M	106.65M	81.03M	78.23M	71.37M	100.84M	181.78M
Equity Income
Income from Non-Controlling InterestsInc. Minority	40.54M	41.92M	42.58M	49.32M	41.49M	23.02M	10.34M	13.10M	15.45M	15.41M	12.51M	9.55M	6.13M	3.11M	3.72M	2.91M	2.78M	2.62M	1.01M
Income from Continuing OperationsIncome (Continuing)	159.91M	192.15M	208.62M	299.90M	286.96M	254.76M	106.68M	104.60M	117.48M	113.86M	97.60M	105.11M	105.91M	88.71M	106.65M	81.03M	78.23M	71.37M	100.84M	181.78M
Consolidated Net IncomeConsol Net Inc.	159.91M	192.15M	208.62M	299.90M	286.96M	254.76M	106.68M	104.60M	117.48M	113.86M	97.60M	105.11M	105.91M	88.71M	106.65M	81.03M	78.23M	71.37M	100.84M	181.78M
Income towards Parent CompanyParent Net Inc	119.36M	150.23M	166.04M	250.58M	245.48M	231.74M	96.33M	91.49M	102.03M	98.44M	85.09M	95.56M	99.78M	85.60M	102.93M	78.12M	75.46M	68.75M	99.83M	181.78M
Net Income towards Common StockholdersNet Income	119.36M	150.23M	166.04M	250.58M	245.48M	231.74M	96.33M	91.49M	102.03M	98.44M	85.09M	95.56M	99.78M	85.60M	102.93M	78.12M	75.46M	68.75M	99.83M	181.78M
Additional items
EPS (Basic)	0.68	0.86	0.91	1.33	1.30	1.24	0.50	0.48	0.55	0.52	0.47	0.52	0.53	0.46	0.55	0.42	0.41	0.37	0.54	0.98
EPS (Diluted)	0.68	0.86	0.91	1.33	1.30	1.23	0.50	0.48	0.54	0.52	0.47	0.52	0.53	0.46	0.55	0.42	0.41	0.37	0.54	0.98
Shares Outstanding	174.76M	174.36M	182.58M	188.15M	188.63M	187.43M	191.78M	189.40M	187.09M	188.17M	182.37M	184.94M	187.86M	186.47M	188.65M	186.52M	184.74M	185.58M	183.27M	184.57M
Shares Outstanding (Diluted)Shares Outstanding (Dil.)	175.68M	175.36M	183.16M	188.59M	189.07M	187.90M	192.05M	189.57M	187.26M	188.35M	182.42M	184.97M	187.87M	186.49M	188.66M	186.53M	184.75M	185.59M	183.28M	184.59M
Shares Outstanding (Entity)Shares Outstanding (Entity.)	231.08M	242.74M	187.54M	208.73M	208.76M	192.04M	190.30M	188.10M	185.60M	183.16M	181.50M	188.50M	191.50M	189.36M	187.70M	185.50M	183.60M	181.23M	184.95M	184.57M
EBITDA	219.49M	255.43M	288.98M	385.51M	380.72M	261.73M	197.63M	198.34M	229.29M	234.01M	221.63M	239.09M	236.35M	229.40M	241.68M	214.90M	212.08M	208.29M	241.12M	356.02M
Interest ExpensesInt Expense
Tax Rate	2.22%	1.25%	7.98%	8.50%	6.32%		15.52%	19.20%	20.99%	21.70%	17.24%	20.30%	20.03%	20.00%	19.07%	20.53%	18.03%	19.10%	17.16%	21.78%

Magnolia Oil & Gas Income Statement API

Pull Magnolia Oil & Gas's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/statements?ticker=MGY&statement=IS&frequency=Quarter&period=all&api_key=YOUR_API_KEY

import requests

url = "https://data.businessquant.com/statements"
params = {"ticker": "MGY", "statement": "IS", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}

data = requests.get(url, params=params).json()

const res = await fetch("https://data.businessquant.com/statements?ticker=MGY&statement=IS&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();

API documentation

Magnolia Oil & Gas MGY Income Statement (2017-2026)

Magnolia Oil & Gas Quarterly Income Statement

Magnolia Oil & Gas Income Statement API

Create an account

Sign In

Reset Password