Magnolia Oil & Gas Corporation (MGY)

Magnolia Oil & Gas Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,312	1,316	1,227	1,694	1,078
Revenue Growth (YoY)	-0.31%	7.25%	-27.59%	57.14%	99.21%
Cost of Revenue	253.66	220.71	199.82	196.27	138.56
Gross Profit	1,058	1,095	1,027	1,498	939.8
Selling, General & Admin	97.04	88.73	77.1	72.43	75.28
Amortization of Goodwill & Intangibles	-	-	-	-	9.35
Other Operating Expenses	83.25	78.59	69.6	97.28	63.87
Operating Expenses	619.01	583.19	492.68	424.44	340.31
Operating Income	439.18	511.99	534.49	1,074	599.48
Interest Expense	-31.4	-31.1	-30.6	-32.2	-31.2
Interest & Investment Income	9.78	16.73	30.57	8.76	0.2
Other Non Operating Income (Expenses)	-4.66	0.01	7.72	6.54	0.09
EBT Excluding Unusual Items	412.9	497.63	542.17	1,057	568.57
Other Unusual Items	4.51	-4.48	7.64	-	-
Pretax Income	417.41	493.14	549.81	1,057	568.57
Income Tax Expense	80.13	95.81	107.21	6.64	8.85
Earnings From Continuing Operations	337.28	397.33	442.6	1,050	559.72
Minority Interest in Earnings	-12.03	-31.3	-54.3	-156.41	-142.43
Net Income	325.25	366.03	388.3	893.84	417.28
Preferred Dividends & Other Adjustments	4.46	4.5	4.35	8.2	2.79
Net Income to Common	320.8	361.53	383.96	885.63	414.49
Net Income Growth	-11.14%	-5.74%	-56.56%	114.20%	-
Shares Outstanding (Basic)	186	186	188	187	174
Shares Outstanding (Diluted)	186	186	188	188	175
Shares Change (YoY)	-0.48%	-0.99%	0.24%	7.15%	5.47%
EPS (Basic)	1.73	1.94	2.04	4.73	2.38
EPS (Diluted)	1.73	1.94	2.04	4.71	2.36
EPS Growth	-10.85%	-4.89%	-56.75%	99.40%	-
Free Cash Flow	409.16	434.12	430.9	831.55	552.05
Free Cash Flow Per Share	2.21	2.33	2.29	4.42	3.15
Dividend Per Share	0.615	0.540	0.475	0.315	0.280
Dividend Growth	13.89%	13.68%	50.79%	12.50%	-
Gross Margin	80.66%	83.23%	83.71%	88.42%	87.15%
Operating Margin	33.48%	38.91%	43.56%	63.37%	55.59%
Profit Margin	24.45%	27.47%	31.29%	52.26%	38.44%
Free Cash Flow Margin	31.19%	32.99%	35.12%	49.07%	51.19%
EBITDA	883.74	933.2	879.05	1,320	801.45
EBITDA Margin	67.37%	70.92%	71.64%	77.91%	74.32%
D&A For EBITDA	444.56	421.22	344.56	246.4	201.96
EBIT	439.18	511.99	534.49	1,074	599.48
EBIT Margin	33.48%	38.91%	43.56%	63.37%	55.59%
Effective Tax Rate	19.20%	19.43%	19.50%	0.63%	1.56%
Revenue as Reported	1,312	1,316	1,227	1,694	1,078

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q