Filing Flows › Ring Energy (REI) › Q2 2026 › vs Q2 2025
Ring Energy (REI) Q2 2026 vs Q2 2025 (year over year)
Ring Energy's revenue rose $22.1M (+27%) from $82.6M in Q2 2025 to $105M in Q2 2026. Operating margin 48.0% against 28.4% (+19.6 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 48.0% | 28.4% | +19.6 pts |
| Net margin | 61.9% | 25.0% | +36.9 pts |
| Free cash flow margin | 0.8% | 18.3% | -17.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $105M | $82.6M | $22.1M | +27% |
| Other income, net | $15.6M | $3.3M | $12.3M | +378% |
| Operating profit | $50.3M | $23.5M | $26.8M | +114% |
| Costs & expenses | $54.4M | $59.1M | −$4.7M | -8% |
| Pre-tax earnings | $65.9M | $26.7M | $39.1M | +146% |
| General & admin | $8.0M | $7.1M | $816K | +11% |
| Other operating costs | $46.5M | $52.0M | −$5.5M | -11% |
| Net earnings | $64.8M | $20.6M | $44.2M | +214% |
| Income tax | $1.1M | $6.1M | −$5.0M | -82% |
| Depreciation & amortization | $20.1M | $25.6M | −$5.5M | -21% |
| Share-based compensation | $2.1M | $1.4M | $798K | +59% |
| Working capital & other | $46.3M | $14.3M | $32.0M | +224% |
| Operating cash flow | $40.8M | $33.3M | $7.5M | +23% |
| Free cash flow (OCF − capex) | $861K | $15.1M | −$14.3M | -94% |
| Capital expenditures | $39.9M | $18.2M | $21.8M | +120% |
Questions
How much did Ring Energy's revenue grow year over year in Q2 2026?
Ring Energy's revenue rose $22.1M (+27%) from $82.6M in Q2 2025 to $105M in Q2 2026. Operating margin 48.0% against 28.4% (+19.6 pts).