NOG Gross Margin Analysis
Updated 926h ago·SEC filings & market data
Key Takeaway
Gross margin is the share of revenue left after paying direct production costs, here 45.8% for NOG.
Sector Performance
47th percentileNOG
45.8%
Sector Median
47.4%
Sector Avg
48.1%
Prior Period
32.9%(Jul 2026)
Deep Analysis
Gross margin is the share of revenue left after paying direct production costs, here 45.8% for NOG.
That sits just below the sector median of 46.4%, placing the company at the 49th percentile among peers—essentially mid-pack. The year-over-year change is not available, but quarter-over-quarter gross margin rose by 39.2%, from 32.9% in the prior quarter to 45.8% now. With only two data points, no clear eight-quarter trend can be established, so the improvement is recent rather than proven. The combination of a near-sector-average level and a sharp recent gain suggests limited downside risk, but also no clear competitive edge yet. This metric supports the overall NEUTRAL verdict: it shows a company performing in line with peers while improving, without evidence to justify a more positive or negative stance.
Frequently Asked Questions
What does the Gross Margin tell investors about NOG?
Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.
How is the Gross Margin calculated?
Gross Margin is calculated as: Gross Profit / Revenue.
Learn More About Gross Margin
The Formula
Gross Profit / Revenue
Why It Matters
Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.
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45.8%
Sector Median
47.4%
Sector Avg
48.1%
How NOG's Gross Margin compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.