Filing Flows › Ring Energy (REI) › Q2 2025
Ring Energy (REI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Ring Energy (REI) reported revenue of $82.6M for the second quarter 2025 (Q2 2025), -17% from a year earlier and +4% from the quarter before. Operating margin was 28.4%, net earnings $20.6M (25.0% of revenue).
Ring Energy, Q2 2025: revenue $82.6M (-17% year over year), operating margin 28.4%, net earnings $20.6M, operating cash flow $33.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $82.6M | +4% | -17% |
| Operating profit | $23.5M | +5% | -44% |
| Net earnings | $20.6M | +126% | -8% |
| Operating cash flow | $33.3M | +17% | -34% |
| Free cash flow | $15.1M | — | +8% |
What changed
Revenue was $82.6M in Q2 2025, down 17% year over year and up 4% from the previous quarter.
Operating profit was $23.5M, a 28.4% margin (down 13.8 points year over year). Total costs grew 3% against a revenue fall of 17%. Net earnings were $20.6M, down 8% year over year. The effective tax rate was 22.8%.
Operating cash flow was $33.3M (down 34% year over year), 161% of net earnings. Non-cash charges added back $25.6M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items used $14.3M. Capital expenditures of $18.2M left free cash flow of $15.1M.
Questions
What was Ring Energy's revenue in the second quarter 2025?
Ring Energy (REI) reported revenue of $82.6M for the second quarter 2025 (Q2 2025), -17% from a year earlier and +4% from the quarter before.
Was Ring Energy profitable in the second quarter 2025?
Operating profit was $23.5M (28.4% of revenue) and net earnings $20.6M.
Source: Ring Energy 10-Q on SEC EDGAR.