Magnolia Oil Gas Corp Class A (MGY) financials
Magnolia Oil Gas revenue and earnings by year
Magnolia Oil Gas's revenue was $1.31 billion in the fiscal year to December 31, 2025, down 0.3% from the year before. Net income was $325 million, 24.8% of revenue. Since the fiscal year to December 31, 2019, revenue has grown 5.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 7 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 1.31 | 1.32 | 1.23 | 1.69 | 1.08 | 0.54 | 0.94 |
| Revenue growth | -0.3% | 7.2% | -27.6% | 57.1% | 99.2% | -42.5% | — |
| Gross profit | 1.06 | 1.10 | 1.03 | 1.50 | 0.94 | 0.43 | 0.81 |
| Gross margin | 80.7% | 83.2% | 83.7% | 88.4% | 87.2% | 78.8% | 85.7% |
| Operating income | 0.44 | 0.51 | 0.53 | 1.07 | 0.60 | -1.93 | 0.13 |
| Operating margin | 33.5% | 38.9% | 43.6% | 63.4% | 55.9% | -355.7% | 13.5% |
| Net income | 0.33 | 0.37 | 0.39 | 0.89 | 0.42 | -1.21 | 0.05 |
| Net margin | 24.8% | 27.8% | 31.6% | 52.7% | 38.7% | -223.2% | 5.3% |
| Diluted EPS | $1.73 | $1.94 | $2.04 | $4.71 | $2.36 | -$7.27 | $0.28 |
| Free cash flow | 0.40 | 0.43 | 0.40 | 0.87 | 0.57 | 0.09 | 0.21 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open MGY in Markets.
How Magnolia Oil Gas makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Oil & Condensate | $374M | 78.1% |
| Natural Gas Liquids Reserves | $65.4M | 13.7% |
| Natural Gas Reserves | $39.7M | 8.3% |
See also: MGY valuation and P/E history · MGY returns
No forecast, no recommendation. This page describes Magnolia Oil Gas Corp Class A from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.