Filing Flows › Ranger Energy Services (RNGR) › Q2 2026 › vs Q1 2026
Ranger Energy Services (RNGR) Q2 2026 vs Q1 2026 (quarter over quarter)
Ranger Energy Services's revenue rose $17.4M (+11%) from $159M in Q1 2026 to $176M in Q2 2026. The biggest changes: Wireline Services +$8.0M (+75%); High Specification Rigs +$7.2M (+7%); Processing Solutions and Ancillary Services +$2.2M (+5%). Operating margin 6.7% against 3.2% (+3.5 pts).
Ranger Energy Services, Q2 2026: revenue $176M (+26% year over year), operating margin 6.7%, net earnings $6.9M, operating cash flow $26.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 6.7% | 3.2% | +3.5 pts |
| Net margin | 3.9% | 1.9% | +2.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| High Specification Rigs | $113M | $106M | $7.2M | +7% |
| Processing Solutions and Ancillary Services | $44.5M | $42.3M | $2.2M | +5% |
| Wireline Services | $18.6M | $10.6M | $8.0M | +75% |
| Revenue | $176M | $159M | $17.4M | +11% |
| Operating profit | $11.8M | $5.1M | $6.7M | +131% |
| Costs & expenses | $165M | $154M | $10.7M | +7% |
| Pre-tax earnings | $10.3M | $4.0M | $6.3M | +158% |
| Other expense, net | $1.5M | $1.1M | $400K | +36% |
| Cost of revenue | $143M | $131M | $12.1M | +9% |
| General & admin | $7.6M | $7.8M | −$200K | -3% |
| Other operating costs | $14.4M | $15.6M | −$1.2M | -8% |
| Net earnings | $6.9M | $3.0M | $3.9M | +130% |
| Income tax | $3.4M | $1.0M | $2.4M | +240% |
| Depreciation & amortization | $15.6M | $16.2M | −$600K | -4% |
| Share-based compensation | $1.7M | $1.6M | $100K | +6% |
| Working capital & other | $2.2M | −$24.2M | $26.4M | — |
| Operating cash flow | $26.4M | −$3.4M | $29.8M | — |
Questions
How much did Ranger Energy Services's revenue grow quarter over quarter in Q2 2026?
Ranger Energy Services's revenue rose $17.4M (+11%) from $159M in Q1 2026 to $176M in Q2 2026.
What drove Ranger Energy Services's revenue change in Q2 2026?
Wireline Services +$8.0M (+75%); High Specification Rigs +$7.2M (+7%); Processing Solutions and Ancillary Services +$2.2M (+5%).