Filing Flows › Ranger Energy Services (RNGR) › Q2 2025
Ranger Energy Services (RNGR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 29, 2025
Ranger Energy Services (RNGR) reported revenue of $141M for the second quarter 2025 (Q2 2025), +2% from a year earlier and +4% from the quarter before. Operating margin was 6.1%, net earnings $7.3M (5.2% of revenue).
Ranger Energy Services, Q2 2025: revenue $141M (+2% year over year), operating margin 6.1%, net earnings $7.3M, operating cash flow $20.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $141M | +4% | +2% |
| Operating profit | $8.6M | +760% | +18% |
| Net earnings | $7.3M | 12× | +55% |
| Operating cash flow | $20.7M | +95% | -6% |
| Free cash flow | $14.4M | — | +112% |
What changed
Revenue was $140.6M in Q2 2025, up 2% year over year and up 4% from the previous quarter. High specification rigs was the largest line at 61% of revenue. High specification rigs added $3.6M year over year (up 4%), 144% of the total change. Wireline services declined 10%.
Operating profit was $8.6M, a 6.1% margin (up 0.8 points year over year). Of the extra revenue versus a year earlier, 52% reached operating profit, above the 5% margin then. Total costs grew 1% against revenue growth of 2%. Net earnings were $7.3M, up 55% year over year. The effective tax rate was 27.7%.
Operating cash flow was $20.7M (down 6% year over year), 284% of net earnings. Non-cash charges added back $10.9M of depreciation and amortization and $1.6M of share-based compensation. After purchase of property and equipment ($6.3M), free cash flow as the company reports it was $14.4M.
Questions
What was Ranger Energy Services' revenue in the second quarter 2025?
Ranger Energy Services (RNGR) reported revenue of $141M for the second quarter 2025 (Q2 2025), +2% from a year earlier and +4% from the quarter before.
Was Ranger Energy Services profitable in the second quarter 2025?
Operating profit was $8.6M (6.1% of revenue) and net earnings $7.3M.