Magnolia Oil & Gas Corp income statement
In fiscal 2025, Magnolia Oil & Gas Corp reported revenue of $1.31bn, down 0.3% on the year before, operating income of $439m (a 33.5% margin) and net income of $325m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 403 | 942 | 541 | 1,078 | 1,694 | 1,227 | 1,316 | 1,312 | 1,480 |
| General and administrative | 19 | 69 | 69 | 75 | 72 | 77 | 89 | 97 | 110 |
| Operating income | 190 | 128 | −1,926 | 603 | 1,074 | 534 | 512 | 439 | 563 |
| Net interest income | 0 | −28 | −29 | −31 | −23 | −0 | — | — | — |
| Income before tax | 182 | 100 | −1,948 | 569 | 1,057 | 550 | 493 | 417 | 538 |
| Income tax | 3 | 15 | −79 | 9 | 7 | 107 | 96 | 80 | 106 |
| Net income | 179 | 50 | −1,208 | 417 | 894 | 388 | 366 | 325 | 426 |
| Diluted EPS | — | — | — | — | — | — | — | — | $2.32 |
| Diluted shares (average) | — | 167m | 166m | 175m | 188m | 188m | 186m | 186m | 184m |
| EBITDA | 320 | 651 | −1,642 | 790 | 1,317 | 859 | 926 | 877 | 1,018 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 333 | 327 | 350 | 319 | 325 | 318 | 359 | 479 |
| General and administrative | 21 | 21 | 25 | 23 | 24 | 25 | 31 | 29 |
| Operating income | 129 | 124 | 136 | 108 | 101 | 94 | 128 | 240 |
| Income before tax | 132 | 111 | 132 | 102 | 95 | 88 | 122 | 232 |
| Income tax | 27 | 22 | 25 | 21 | 17 | 17 | 21 | 51 |
| Net income | 100 | 86 | 103 | 78 | 75 | 69 | 100 | 182 |
| EBITDA | 236 | 229 | 242 | 215 | 212 | 208 | 241 | 356 |
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