How Magnolia Oil & Gas makes money

Period

FY2025

How does Magnolia Oil & Gas make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Magnolia Oil & Gas Corporation · FY2025 · year ended 2025-12-31

Revenue$1.3BGross profit$1.3B · 100%Cost of revenue$0 · 0%Operating income$439M · 33%Operating expenses$873M · 67%SG&A$97M · 7%Other opex$776M · 59%Pre-tax income$405M · 31%Other expense$34M · 3%Net income$325M · 25%Income tax$80M · 6%Oil & Condensate$918M · 70%Natural Gas Liquids Reserves$204M · 16%Natural Gas Reserves$190M · 15%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.