Filing Flows › Ring Energy (REI) › Q3 2026
Ring Energy (REI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Ring Energy (REI) reported revenue of $102M for the third quarter 2026 (Q3 2026), +30% from a year earlier and -2% from the quarter before. Operating margin was 44.5%, net loss $16.6M (16.2% of revenue).
Ring Energy, Q3 2026: revenue $102M (+30% year over year), operating margin 44.5%, net loss $16.6M, operating cash flow $63.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $102M | -2% | +30% |
| Operating profit | $45.5M | -9% | — |
| Net earnings | −$16.6M | -126% | — |
| Operating cash flow | $63.1M | +55% | +42% |
What changed
Revenue was $102.3M in Q3 2026, up 30% year over year and down 2% from the previous quarter.
Operating profit was $45.5M, a 44.5% margin (up 114.5 points year over year). Total costs fell 57% while revenue rose 30%. The fastest-growing cost line was General & admin (+11%). The quarter ended with a net loss of $16.6M, after a profit of $64.8M the previous quarter. Net interest and other expense of $60.7M was the main reason.
Operating cash flow was $63.1M (up 42% year over year). Non-cash charges added back $20.9M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $56.3M. Capital expenditures of $63.1M exceeded it, leaving free cash flow of −$77K.
Questions
What was Ring Energy's revenue in the third quarter 2026?
Ring Energy (REI) reported revenue of $102M for the third quarter 2026 (Q3 2026), +30% from a year earlier and -2% from the quarter before.
Was Ring Energy profitable in the third quarter 2026?
Operating profit was $45.5M (44.5% of revenue) and net loss $16.6M.
Source: Ring Energy 10-Q on SEC EDGAR.