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Side-by-side financial comparison of FinVolution Group (FINV) and NORTHERN OIL & GAS, INC. (NOG). Click either name above to swap in a different company.

NORTHERN OIL & GAS, INC. is the larger business by last-quarter revenue ($610.2M vs $479.7M, roughly 1.3× FinVolution Group). FinVolution Group runs the higher net margin — 21.2% vs -11.6%, a 32.8% gap on every dollar of revenue. FinVolution Group produced more free cash flow last quarter ($70.6M vs $43.2M).

Volution Group plc is a manufacturer of ventilation equipment for commercial and residential customers. Based in Crawley, West Sussex, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Marathon Oil Corporation was an American company engaged in hydrocarbon exploration. In November 2024, it was acquired by ConocoPhillips and absorbed into the company.

FINV vs NOG — Head-to-Head

Bigger by revenue
NOG
NOG
1.3× larger
NOG
$610.2M
$479.7M
FINV
Higher net margin
FINV
FINV
32.8% more per $
FINV
21.2%
-11.6%
NOG
More free cash flow
FINV
FINV
$27.4M more FCF
FINV
$70.6M
$43.2M
NOG

Income Statement — Q1 FY2025 vs Q1 FY2026

Metric
FINV
FINV
NOG
NOG
Revenue
$479.7M
$610.2M
Net Profit
$101.7M
$-70.7M
Gross Margin
Operating Margin
44.6%
Net Margin
21.2%
-11.6%
Revenue YoY
-72.6%
Net Profit YoY
-198.7%
EPS (diluted)
$-0.73

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FINV
FINV
NOG
NOG
Q1 26
$610.2M
Q4 25
$610.2M
Q3 25
$556.6M
Q2 25
$706.8M
Q1 25
$479.7M
$602.1M
Q4 24
$515.0M
Q3 24
$753.6M
Q2 24
$560.8M
Net Profit
FINV
FINV
NOG
NOG
Q1 26
$-70.7M
Q4 25
$-70.7M
Q3 25
$-129.1M
Q2 25
$99.6M
Q1 25
$101.7M
$139.0M
Q4 24
$71.7M
Q3 24
$298.4M
Q2 24
$138.6M
Gross Margin
FINV
FINV
NOG
NOG
Q1 26
Q4 25
80.4%
Q3 25
78.7%
Q2 25
82.8%
Q1 25
81.1%
Q4 24
77.4%
Q3 24
85.8%
Q2 24
82.0%
Operating Margin
FINV
FINV
NOG
NOG
Q1 26
Q4 25
-5.5%
Q3 25
-22.6%
Q2 25
24.9%
Q1 25
44.6%
38.1%
Q4 24
25.8%
Q3 24
57.6%
Q2 24
39.0%
Net Margin
FINV
FINV
NOG
NOG
Q1 26
-11.6%
Q4 25
-11.6%
Q3 25
-23.2%
Q2 25
14.1%
Q1 25
21.2%
23.1%
Q4 24
13.9%
Q3 24
39.6%
Q2 24
24.7%
EPS (diluted)
FINV
FINV
NOG
NOG
Q1 26
$-0.73
Q4 25
$-0.67
Q3 25
$-1.33
Q2 25
$1.00
Q1 25
$1.39
Q4 24
$0.71
Q3 24
$2.96
Q2 24
$1.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FINV
FINV
NOG
NOG
Cash + ST InvestmentsLiquidity on hand
$745.0M
$14.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.1B
Total Assets
$3.4B
$5.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FINV
FINV
NOG
NOG
Q1 26
$14.3M
Q4 25
$14.3M
Q3 25
$31.6M
Q2 25
$25.9M
Q1 25
$745.0M
$33.6M
Q4 24
$8.9M
Q3 24
$34.4M
Q2 24
$7.8M
Total Debt
FINV
FINV
NOG
NOG
Q1 26
Q4 25
$2.4B
Q3 25
$2.3B
Q2 25
$2.4B
Q1 25
$2.3B
Q4 24
$2.4B
Q3 24
$2.0B
Q2 24
$1.9B
Stockholders' Equity
FINV
FINV
NOG
NOG
Q1 26
$2.1B
Q4 25
$2.1B
Q3 25
$2.2B
Q2 25
$2.4B
Q1 25
$2.4B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.1B
Total Assets
FINV
FINV
NOG
NOG
Q1 26
$5.4B
Q4 25
$5.4B
Q3 25
$5.5B
Q2 25
$5.7B
Q1 25
$3.4B
$5.7B
Q4 24
$5.6B
Q3 24
$5.1B
Q2 24
$4.7B
Debt / Equity
FINV
FINV
NOG
NOG
Q1 26
Q4 25
1.13×
Q3 25
1.05×
Q2 25
0.98×
Q1 25
0.96×
Q4 24
1.02×
Q3 24
0.84×
Q2 24
0.91×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FINV
FINV
NOG
NOG
Operating Cash FlowLast quarter
$72.0M
$312.6M
Free Cash FlowOCF − Capex
$70.6M
$43.2M
FCF MarginFCF / Revenue
14.7%
7.1%
Capex IntensityCapex / Revenue
0.3%
31.5%
Cash ConversionOCF / Net Profit
0.71×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FINV
FINV
NOG
NOG
Q1 26
$312.6M
Q4 25
$312.6M
Q3 25
$423.1M
Q2 25
$362.1M
Q1 25
$72.0M
$407.4M
Q4 24
$290.3M
Q3 24
$385.8M
Q2 24
$340.5M
Free Cash Flow
FINV
FINV
NOG
NOG
Q1 26
$43.2M
Q4 25
Q3 25
Q2 25
Q1 25
$70.6M
Q4 24
Q3 24
Q2 24
FCF Margin
FINV
FINV
NOG
NOG
Q1 26
7.1%
Q4 25
Q3 25
Q2 25
Q1 25
14.7%
Q4 24
Q3 24
Q2 24
Capex Intensity
FINV
FINV
NOG
NOG
Q1 26
31.5%
Q4 25
Q3 25
Q2 25
Q1 25
0.3%
Q4 24
Q3 24
Q2 24
Cash Conversion
FINV
FINV
NOG
NOG
Q1 26
Q4 25
Q3 25
Q2 25
3.64×
Q1 25
0.71×
2.93×
Q4 24
4.05×
Q3 24
1.29×
Q2 24
2.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FINV
FINV

Segment breakdown not available.

NOG
NOG

Oil and Gas Sales$447.7M73%
Gain on Commodity Derivatives, Net$159.3M26%
Other Revenue$3.1M1%

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