vs

Side-by-side financial comparison of NORTHERN OIL & GAS, INC. (NOG) and Revolve Group, Inc. (RVLV). 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 $324.4M, roughly 1.9× Revolve Group, Inc.). Revolve Group, Inc. runs the higher net margin — 5.7% vs -11.6%, a 17.3% gap on every dollar of revenue. On growth, Revolve Group, Inc. posted the faster year-over-year revenue change (10.4% vs -72.6%). NORTHERN OIL & GAS, INC. produced more free cash flow last quarter ($43.2M vs $-13.3M). Over the past eight quarters, Revolve Group, Inc.'s revenue compounded faster (9.5% CAGR vs 4.3%).

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

Revolve Theatre Company is a Henley-on-Thames based theatre company specialising in political and Shakespearean plays. The company is owned by Oliver Dench, Joe Morris and Tom Smith.

NOG vs RVLV — Head-to-Head

Bigger by revenue
NOG
NOG
1.9× larger
NOG
$610.2M
$324.4M
RVLV
Growing faster (revenue YoY)
RVLV
RVLV
+83.0% gap
RVLV
10.4%
-72.6%
NOG
Higher net margin
RVLV
RVLV
17.3% more per $
RVLV
5.7%
-11.6%
NOG
More free cash flow
NOG
NOG
$56.5M more FCF
NOG
$43.2M
$-13.3M
RVLV
Faster 2-yr revenue CAGR
RVLV
RVLV
Annualised
RVLV
9.5%
4.3%
NOG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NOG
NOG
RVLV
RVLV
Revenue
$610.2M
$324.4M
Net Profit
$-70.7M
$18.6M
Gross Margin
53.3%
Operating Margin
6.3%
Net Margin
-11.6%
5.7%
Revenue YoY
-72.6%
10.4%
Net Profit YoY
-198.7%
50.4%
EPS (diluted)
$-0.73
$0.27

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
NOG
NOG
RVLV
RVLV
Q1 26
$610.2M
Q4 25
$610.2M
$324.4M
Q3 25
$556.6M
$295.6M
Q2 25
$706.8M
$309.0M
Q1 25
$602.1M
$296.7M
Q4 24
$515.0M
$293.7M
Q3 24
$753.6M
$283.1M
Q2 24
$560.8M
$282.5M
Net Profit
NOG
NOG
RVLV
RVLV
Q1 26
$-70.7M
Q4 25
$-70.7M
$18.6M
Q3 25
$-129.1M
$21.2M
Q2 25
$99.6M
$10.2M
Q1 25
$139.0M
$11.8M
Q4 24
$71.7M
$12.3M
Q3 24
$298.4M
$11.0M
Q2 24
$138.6M
$15.4M
Gross Margin
NOG
NOG
RVLV
RVLV
Q1 26
Q4 25
80.4%
53.3%
Q3 25
78.7%
54.6%
Q2 25
82.8%
54.1%
Q1 25
81.1%
52.0%
Q4 24
77.4%
52.5%
Q3 24
85.8%
51.2%
Q2 24
82.0%
54.0%
Operating Margin
NOG
NOG
RVLV
RVLV
Q1 26
Q4 25
-5.5%
6.3%
Q3 25
-22.6%
7.1%
Q2 25
24.9%
5.8%
Q1 25
38.1%
5.0%
Q4 24
25.8%
3.9%
Q3 24
57.6%
5.0%
Q2 24
39.0%
5.8%
Net Margin
NOG
NOG
RVLV
RVLV
Q1 26
-11.6%
Q4 25
-11.6%
5.7%
Q3 25
-23.2%
7.2%
Q2 25
14.1%
3.3%
Q1 25
23.1%
4.0%
Q4 24
13.9%
4.2%
Q3 24
39.6%
3.9%
Q2 24
24.7%
5.4%
EPS (diluted)
NOG
NOG
RVLV
RVLV
Q1 26
$-0.73
Q4 25
$-0.67
$0.27
Q3 25
$-1.33
$0.29
Q2 25
$1.00
$0.14
Q1 25
$1.39
$0.16
Q4 24
$0.71
$0.18
Q3 24
$2.96
$0.15
Q2 24
$1.36
$0.21

Balance Sheet & Financial Strength

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

Metric
NOG
NOG
RVLV
RVLV
Cash + ST InvestmentsLiquidity on hand
$14.3M
$292.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.1B
$512.5M
Total Assets
$5.4B
$765.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOG
NOG
RVLV
RVLV
Q1 26
$14.3M
Q4 25
$14.3M
$292.3M
Q3 25
$31.6M
$315.4M
Q2 25
$25.9M
$310.7M
Q1 25
$33.6M
$300.8M
Q4 24
$8.9M
$256.6M
Q3 24
$34.4M
$252.8M
Q2 24
$7.8M
$244.7M
Total Debt
NOG
NOG
RVLV
RVLV
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
NOG
NOG
RVLV
RVLV
Q1 26
$2.1B
Q4 25
$2.1B
$512.5M
Q3 25
$2.2B
$490.2M
Q2 25
$2.4B
$468.6M
Q1 25
$2.4B
$453.4M
Q4 24
$2.3B
$437.8M
Q3 24
$2.3B
$420.8M
Q2 24
$2.1B
$405.8M
Total Assets
NOG
NOG
RVLV
RVLV
Q1 26
$5.4B
Q4 25
$5.4B
$765.0M
Q3 25
$5.5B
$751.3M
Q2 25
$5.7B
$722.9M
Q1 25
$5.7B
$713.9M
Q4 24
$5.6B
$665.5M
Q3 24
$5.1B
$670.9M
Q2 24
$4.7B
$657.8M
Debt / Equity
NOG
NOG
RVLV
RVLV
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
NOG
NOG
RVLV
RVLV
Operating Cash FlowLast quarter
$312.6M
$-10.2M
Free Cash FlowOCF − Capex
$43.2M
$-13.3M
FCF MarginFCF / Revenue
7.1%
-4.1%
Capex IntensityCapex / Revenue
31.5%
1.0%
Cash ConversionOCF / Net Profit
-0.55×
TTM Free Cash FlowTrailing 4 quarters
$48.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NOG
NOG
RVLV
RVLV
Q1 26
$312.6M
Q4 25
$312.6M
$-10.2M
Q3 25
$423.1M
$11.8M
Q2 25
$362.1M
$12.6M
Q1 25
$407.4M
$45.1M
Q4 24
$290.3M
$3.9M
Q3 24
$385.8M
$9.1M
Q2 24
$340.5M
$-24.7M
Free Cash Flow
NOG
NOG
RVLV
RVLV
Q1 26
$43.2M
Q4 25
$-13.3M
Q3 25
$7.5M
Q2 25
$10.4M
Q1 25
$43.4M
Q4 24
$2.1M
Q3 24
$8.0M
Q2 24
$-25.7M
FCF Margin
NOG
NOG
RVLV
RVLV
Q1 26
7.1%
Q4 25
-4.1%
Q3 25
2.5%
Q2 25
3.4%
Q1 25
14.6%
Q4 24
0.7%
Q3 24
2.8%
Q2 24
-9.1%
Capex Intensity
NOG
NOG
RVLV
RVLV
Q1 26
31.5%
Q4 25
1.0%
Q3 25
1.5%
Q2 25
0.7%
Q1 25
0.6%
Q4 24
0.6%
Q3 24
0.4%
Q2 24
0.4%
Cash Conversion
NOG
NOG
RVLV
RVLV
Q1 26
Q4 25
-0.55×
Q3 25
0.56×
Q2 25
3.64×
1.24×
Q1 25
2.93×
3.82×
Q4 24
4.05×
0.32×
Q3 24
1.29×
0.83×
Q2 24
2.46×
-1.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NOG
NOG

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

RVLV
RVLV

Fashion Apparel$155.1M48%
Dresses$76.4M24%
Handbags Shoes And Accessories$67.6M21%
Beauty$20.3M6%
Manufactured Product Other$5.0M2%
Breakage On Store Credit And Gift Cards$900.0K0%

Related Comparisons