Filing Flows › Ring Energy (REI) › Q2 2026 › vs Q1 2026
Ring Energy (REI) Q2 2026 vs Q1 2026 (quarter over quarter)
Ring Energy's revenue rose $31.0M (+42%) from $73.7M in Q1 2026 to $105M in Q2 2026. Operating margin 48.0% against -192.5% (+240.5 pts).
Ring Energy, Q2 2026: revenue $105M (+27% year over year), operating margin 48.0%, net earnings $64.8M, operating cash flow $40.8M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 48.0% | -192.5% | +240.5 pts |
| Net margin | 61.9% | -299.4% | +361.3 pts |
| Free cash flow margin | 0.8% | -9.0% | +9.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $105M | $73.7M | $31.0M | +42% |
| Other income, net | $15.6M | −$90.8M | $106M | — |
| Operating profit | $50.3M | −$142M | $192M | — |
| Costs & expenses | $54.4M | $215M | −$161M | -75% |
| Pre-tax earnings | $65.9M | −$233M | $298M | — |
| General & admin | $8.0M | $7.4M | $515K | +7% |
| Other operating costs | $46.5M | $208M | −$162M | -78% |
| Net earnings | $64.8M | −$221M | $285M | — |
| Income tax | $1.1M | −$12.0M | $13.1M | — |
| Depreciation & amortization | $20.1M | $21.4M | −$1.3M | -6% |
| Share-based compensation | $2.1M | $1.5M | $625K | +41% |
| Working capital & other | $46.3M | −$224M | $270M | — |
| Operating cash flow | $40.8M | $25.9M | $14.9M | +58% |
| Free cash flow (OCF − capex) | $861K | −$6.6M | $7.5M | — |
| Capital expenditures | $39.9M | $32.5M | $7.4M | +23% |
Questions
How much did Ring Energy's revenue grow quarter over quarter in Q2 2026?
Ring Energy's revenue rose $31.0M (+42%) from $73.7M in Q1 2026 to $105M in Q2 2026. Operating margin 48.0% against -192.5% (+240.5 pts).